Radiant Logistics, Inc.

For the 3 months ended June 30, 2026, revenue was $261.4 million versus $220.6 million a year ago, net income attributable to Radiant Logistics was $7.517 million versus $4.907 million, and EPS was $0.15 diluted versus $0.10. Adjusted net income was $7.373 million versus $5.485 million, and adjusted EBITDA was $10.362 million versus $7.890 million, with adjusted EBITDA margin up 240 basis points year over year. For the 12 months ended June 30, 2026, revenue was $934.4 million versus $902.7 million and net income attributable to Radiant Logistics was $18.786 million versus $17.291 million; adjusted net income was $25.253 million versus $30.944 million and adjusted EBITDA was $36.684 million versus $38.756 million. Management did not provide formal next-quarter or full-year revenue/EBITDA guidance, but said Q4 organic growth was about 8% and that trends were stronger into Q1 and beyond.

Bohn Crain said the quarter showed solid execution across domestic and international businesses, with special strength in U.S. forwarding, international airfreight, and customs brokerage. He emphasized that late-quarter changes in truckload and intermodal capacity, along with higher spot rates and tender rejections, could support a more durable domestic freight recovery if the trend continues. His tone was upbeat and confident, especially around Navegate as a new growth catalyst and around the company’s ability to combine organic growth with disciplined acquisitions.

Todd Macomber walked through the reported numbers and highlighted that Q4 net income attributable to Radiant was $7.517 million on $261.4 million of revenue, with adjusted EBITDA of $10.362 million. For the full year, he reported net income attributable to Radiant of $18.786 million on $934.4 million of revenue and adjusted EBITDA of $36.684 million. In Q&A, he said Q4 organic growth was about 8% and that the trend was improving into the first quarter, while also explaining that the lower Q4 tax rate was driven by the One Big Beautiful Bill and the ability to include previously capitalized internal software items in tax returns.

Analysts focused on how much of the improving freight backdrop would be reflected in coming quarters, how durable the market shifts are, the impact of higher fuel costs, and the role of tariffs and Canada cross-border dynamics. Management said the domestic brokerage and intermodal improvement started late in May and early June, so most of the benefit had not yet hit Q4 results, but it should continue into the September quarter and later periods. On fuel, Bohn said it is generally a pass-through with only modest timing lags. On Navegate, management said it is being used to win and retain customers rather than to drive a discrete margin step-up, and they see it primarily as a growth and stickiness driver.