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Ryder System (R) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 22, 2026

Ryder System (R) reported revenue of $3.4B for the third quarter 2026 (Q3 2026), +8% from a year earlier and +3% from the quarter before. Operating margin was 6.6%, net earnings $162M (4.7% of revenue).

Revenue$3.4B
Year over year+8%
Quarter over quarter+3%
Operating margin6.6%
Net earnings$162M

Ryder System, Q3 2026: revenue $3.4B (+8% year over year), operating margin 6.6%, net earnings $162M, operating cash flow $725M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$3.4B+3%+8%
Operating profit$226M+22%+20%
Net earnings$162M+22%+17%
Operating cash flow$725M+7%+64%
Free cash flow$182M-33%—

What changed

Revenue was $3.4B in Q3 2026, up 8% year over year and up 3% from the previous quarter.

Operating profit was $0.23B, a 6.6% margin (up 0.6 points year over year). Of the extra revenue versus Q3 2025, 14% reached operating profit, above the 6% margin then. Total costs grew 8% against revenue growth of 8%. Net earnings were $0.16B, up 17% year over year. The effective tax rate was 28.3%.

Operating cash flow was $0.72B (up 64% year over year), 448% of net earnings. Non-cash charges added back $0.56B of depreciation and amortization. Capital expenditures of $0.54B left free cash flow of $0.18B.

Questions

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

Ryder System (R) reported revenue of $3.4B for the third quarter 2026 (Q3 2026), +8% from a year earlier and +3% from the quarter before.

Was Ryder System profitable in the third quarter 2026?

Operating profit was $226M (6.6% of revenue) and net earnings $162M.

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Source: Ryder System 10-Q on SEC EDGAR.