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CHRW Q2 2025 Earnings
Reported Jul 30, 2025 at 4:25 PM ET · SEC Source
Q2 25 EPS
$1.29
BEAT +11.37%
Est. $1.16
Q2 25 Revenue
$4.14B
MISS 0.96%
Est. $4.18B
vs S&P Since Q2 25
+69.8%
BEATING MARKET
CHRW +85.9% vs S&P +16.1%
Market Reaction
Did CHRW Beat Earnings? Q2 2025 Results
C.H. Robinson posted a sharper-than-expected profit in the second quarter of 2025, with adjusted diluted EPS of $1.29 beating the $1.16 consensus estimate by 11.37%, even as total revenues of $4.14 billion fell 7.7% year-over-year and edged just belo… Read more C.H. Robinson posted a sharper-than-expected profit in the second quarter of 2025, with adjusted diluted EPS of $1.29 beating the $1.16 consensus estimate by 11.37%, even as total revenues of $4.14 billion fell 7.7% year-over-year and edged just below the $4.18 billion Wall Street had anticipated. The primary story behind the bottom-line strength was the company's ongoing Lean operating model transformation, which drove a 21.2% increase in income from operations to $215.92 million and expanded adjusted operating margin by 520 basis points to 31.1%, all while average headcount declined 11.2% through productivity gains and the February 2025 divestiture of its Europe Surface Transportation business. The NAST segment extended its market share growth streak to nine consecutive quarters, with AI-driven automation credited for faster quote responses and improved freight classification efficiency. Cash from operations climbed to $227.10 million from $166.40 million a year ago, and management signaled it is approaching mid-cycle margin targets while guiding for a full-year effective tax rate of 18% to 20%.
Key Takeaways
- • Disciplined pricing and capacity procurement efforts driving higher adjusted gross profit per shipment
- • Lean operating model enabling cost optimization and productivity improvements
- • Average employee headcount declined 11.2% while volumes grew, decoupling headcount from volume
- • NAST volume outpaced market indices for 9th consecutive quarter
- • Customs adjusted gross profits surged 31.7% driven by increased tariff-related duty outlays
- • Lower interest expense from reduced average debt balance and lower variable interest rates
- • Robinson Fresh AGP up 11.3% from integrated supply chain solutions growth
CHRW YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
CHRW Revenue by Segment
With YoY comparisons, source: SEC Filings
“When the current transformation of C.H. Robinson began in early 2024 with the implementation of a new Lean operating model, we recognize that some people had doubts and didn't understand how this would enable the company to change its trajectory. Now, with six consecutive quarters of consistent outperformance through the disciplined execution of the strategy that we shared at our 2024 Investor Day, there is no doubt in our minds that we are on the right path to deliver sustainable outperformance in all market cycles.”
— Dave Bozeman, Q2 2025 Earnings Press Release
CHRW Earnings Trends
CHRW vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CHRW EPS Trend
Earnings per share: estimate vs actual
CHRW Revenue Trend
Quarterly revenue: estimate vs actual
CHRW Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.23 | $1.35 | +9.64% | $4.01B | -0.87% |
| Q4 25 BEAT FY | $1.13 | $1.23 | +9.22% | $3.91B | -1.68% |
| FY Full Year | — | $5.09 | — | $16.23B | — |
| Q3 25 BEAT | $1.30 | $1.40 | +7.37% | $4.14B | -1.92% |
| Q2 25 BEAT | $1.16 | $1.29 | +11.37% | $4.14B | -0.96% |