Filing Flows › Ryder System (R) › Q1 2026
Ryder System (R) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Ryder System (R) reported revenue of $3.1B for the first quarter 2026 (Q1 2026), -0.2% from a year earlier and -2% from the quarter before. Operating margin was 3.8%, net earnings $93.0M (3.0% of revenue).
Ryder System, Q1 2026: revenue $3.1B (-0.2% year over year), operating margin 3.8%, net earnings $93.0M, operating cash flow $583M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | -2% | -0.2% |
| Operating profit | $118M | -33% | -12% |
| Net earnings | $93.0M | -30% | -5% |
| Operating cash flow | $583M | -22% | -10% |
| Free cash flow | $156M | -55% | +14% |
What changed
Revenue was $3.1B in Q1 2026, roughly flat year over year and down 2% from the previous quarter.
Operating profit was $0.12B, a 3.8% margin (down 0.5 points year over year). Total costs grew 0% against flat revenue. Net earnings were $0.09B, down 5% year over year. The effective tax rate was 21.2%.
Operating cash flow was $0.58B (down 10% year over year), 627% of net earnings. Non-cash charges added back $0.56B of depreciation and amortization. Working capital and other items used $0.07B. Capital expenditures of $0.43B left free cash flow of $0.16B.
Questions
What was Ryder System's revenue in the first quarter 2026?
Ryder System (R) reported revenue of $3.1B for the first quarter 2026 (Q1 2026), -0.2% from a year earlier and -2% from the quarter before.
Was Ryder System profitable in the first quarter 2026?
Operating profit was $118M (3.8% of revenue) and net earnings $93.0M.
Source: Ryder System 10-Q on SEC EDGAR.