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Ryder System (R) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 23, 2026

Ryder System (R) reported revenue of $3.3B for the second quarter 2026 (Q2 2026), +5% from a year earlier and +7% from the quarter before. Operating margin was 5.5%, net earnings $133M (4.0% of revenue).

Revenue$3.3B
Year over year+5%
Quarter over quarter+7%
Operating margin5.5%
Net earnings$133M

Ryder System, Q2 2026: revenue $3.3B (+5% year over year), operating margin 5.5%, net earnings $133M, operating cash flow $677M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.3B+7%+5%
Operating profit$185M+57%+1%
Net earnings$133M+43%+2%
Operating cash flow$677M+16%-10%
Free cash flow$272M+74%+332%

What changed

Revenue was $3.3B in Q2 2026, up 5% year over year and up 7% from the previous quarter.

Operating profit was $0.18B, a 5.5% margin (down 0.2 points year over year). Of the extra revenue versus Q2 2025, 1% reached operating profit, below the 6% margin then. Total costs grew 5% against revenue growth of 5%. Net earnings were $0.13B, up 2% year over year. The effective tax rate was 28.1%.

Operating cash flow was $0.68B (down 10% year over year), 509% of net earnings. Non-cash charges added back $0.56B of depreciation and amortization. Capital expenditures of $0.41B left free cash flow of $0.27B.

Questions

What was Ryder System's revenue in the second quarter 2026?

Ryder System (R) reported revenue of $3.3B for the second quarter 2026 (Q2 2026), +5% from a year earlier and +7% from the quarter before.

Was Ryder System profitable in the second quarter 2026?

Operating profit was $185M (5.5% of revenue) and net earnings $133M.

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Source: Ryder System 10-Q on SEC EDGAR.