Radiant Logistics (RLGT) Q4 2026 Financial Results Summary
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Radiant Logistics (RLGT) Q4 2026: Strong Growth Across Metrics — Positive Outlook
Radiant Logistics, Inc. (NYSE American: RLGT) reported robust financial results for the fourth fiscal quarter ended June 30, 2026, showcasing significant growth compared to the prior year. Revenues reached $261.4 million, an increase of $40.8 million or 18.5% from $220.6 million in the same quarter last year. This performance reflects a solid quarter for shareholders, driven by improvements in profitability and operational efficiency.
Key Financial Metrics
- Revenues: $261.4 million, up $40.8 million or +18.5% YoY (from $220.6 million).
- Gross Profit: $64.4 million, up $6.5 million or +11.2% YoY (from $57.9 million).
- Adjusted Gross Profit: $66.8 million, up $6.4 million or +10.6% YoY (from $60.4 million).
- Net Income: $7.5 million, up $2.6 million or +53.1% YoY (from $4.9 million).
- Earnings Per Share (EPS): $0.16 per basic and $0.15 per fully diluted share, compared to $0.10 per basic and fully diluted share last year.
- Adjusted Net Income: $7.4 million, up $1.9 million or +34.5% YoY (from $5.5 million).
- Adjusted EBITDA: $10.4 million, up $2.5 million or +31.6% YoY (from $7.9 million).
- Adjusted EBITDA Margin: 15.5%, up 240 basis points from 13.1%.
The quarter's results indicate a strong operational performance, particularly in the U.S. forwarding operations, which contributed significantly to revenue growth. The company’s strategic initiatives, including the launch of a new independent agent program at Radiant Road & Rail, are expected to further enhance growth prospects.
Analyst View
This quarter is a positive development for shareholders, as Radiant Logistics not only exceeded revenue and profit expectations but also demonstrated improved margins and operational efficiency. The substantial increase in net income and adjusted EBITDA reflects effective cost management and a favorable market environment. The company’s ability to maintain no net debt while enhancing its credit facility to $200 million positions it well for future growth and potential acquisitions.
The extended credit facility, which matures in August 2031, provides Radiant with the financial flexibility to pursue organic growth and strategic acquisitions. The increase in the accordion feature from $75 million to $100 million further supports this strategy, allowing the company to capitalize on market opportunities as they arise.
Market Movements and Guidance
Radiant Logistics has not announced any changes to its dividend policy or share buyback program in this release. However, the company’s strong financial position and growth trajectory suggest that it may consider returning value to shareholders in the future.
Looking ahead, investors should monitor the following catalysts in the upcoming quarter:
- Market Trends: Continued improvement in domestic freight markets, particularly in U.S. Brokerage operations, as capacity exits the North American truckload and intermodal markets.
- International Operations: The evolving trade environment and its impact on global shipping rates, especially in light of recent disruptions in traditional ocean shipping routes.
- Technological Advancements: The performance of the Navegate platform and its adoption among enterprise customers, which could drive further efficiencies and customer satisfaction.
In conclusion, Radiant Logistics has delivered a strong performance in Q4 2026, positioning itself favorably for future growth. The combination of solid financial results, strategic initiatives, and a robust credit facility creates a positive outlook for the company and its shareholders.
Note: All amounts in the following tables are in thousands.
| RADIANT LOGISTICS, INC. Condensed Consolidated Statements of Income | Three Months Ended June 30, 2026 | Year Ended June 30, 2025 | Year Ended June 30, 2026 | Year Ended June 30, 2025 |
|---|---|---|---|---|
| Revenues | $261,379 | $220,624 | $934,423 | $902,683 |
| Cost of transportation and other services | $(194,562) | $(160,111) | $(688,108) | $(663,141) |
| Gross profit | $66,817 | $60,513 | $246,315 | $239,542 |
| Selling, general and administrative expenses | $(11,246) | $(10,242) | $(42,344) | $(42,418) |
| Depreciation and amortization | $(3,627) | $(3,600) | $(14,305) | $(18,374) |
| Income from operations | $52,944 | $46,671 | $189,666 | $178,750 |
| Other income (expense), net | $(593) | $(392) | $(1,628) | 145 |
| Income before income taxes | $52,351 | $46,279 | $188,038 | $178,895 |
| Income tax expense | $(349) | 116 | $(4,209) | $(3,765) |
| Net income attributable to Radiant Logistics, Inc. | $51,752 | $46,395 | $183,829 | $175,130 |
| Net income per share, basic | $0.16 | $0.10 | $0.40 | $0.37 |
| Net income per share, diluted | $0.15 | $0.10 | $0.39 | $0.35 |
| Weighted-average shares used to compute net income per share, basic | 46,894 | 47,143 | 46,934 | 46,965 |
| Weighted-average shares used to compute net income per share, diluted | 48,570 | 48,600 | 48,637 | 48,707 |
| RADIANT LOGISTICS, INC. Condensed Consolidated Balance Sheets | June 30, 2026 | June 30, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $25,585 | $22,942 |
| Accounts receivable, net of allowance of $3,182 and $2,128, respectively | $162,792 | $134,911 |
| Contract assets | $11,616 | $6,904 |
| Income tax receivable | $983 | $2,194 |
| Prepaid expenses and other current assets | $7,072 | $12,299 |
| Total current assets | $208,048 | $179,250 |
| Property, technology, and equipment, net | $19,954 | $23,489 |
| Goodwill | $122,372 | $117,637 |
| Intangible assets, net | $43,811 | $49,123 |
| Operating lease right-of-use assets | $48,327 | $55,066 |
| Deposits and other assets | $1,883 | $2,209 |
| Total other long-term assets | $216,393 | $224,035 |
| Total assets | $444,395 | $426,774 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $88,084 | $74,411 |
| Operating partner commissions payable | $11,035 | $10,541 |
| Accrued expenses | $11,789 | $10,637 |
| Current portion of operating lease liabilities | $13,199 | $12,741 |
| Current portion of finance lease liabilities | $245 | $282 |
| Current portion of contingent consideration | $5,200 | $6,050 |
| Other current liabilities | $690 | $483 |
| Total current liabilities | $130,242 | $115,145 |
| Notes payable | $25,000 | $20,000 |
| Operating lease liabilities, net of current portion | $41,115 |
