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Sep 30
Radiant Logistics Q1 2026 Earnings Report
Radiant Logistics reported modest revenue growth but experienced lower profitability in Q1 2026.
Key Takeaways
Radiant Logistics grew revenue by 11% to $226.7 million in Q1 2026, but net income declined to $1.3 million. Adjusted EBITDA margin fell to 11.4% due to a one-time bad debt expense. The company continued investing in growth with a new acquisition in Mexico and share repurchases.
Revenue increased to $226.7 million, up 11.3% YoY.
Net income declined to $1.3 million, or $0.03 per share.
Adjusted EBITDA margin dropped to 11.4%, impacted by a one-time $1.3 million bad debt expense.
Gross profit was $57.1 million with an adjusted gross profit of $59.5 million.
Radiant Logistics
Radiant Logistics
Radiant Logistics Revenue by Geographic Location
Revenue by Geographic Location
U.S. Operations Revenue
CapyFin.com Forward Guidance
Radiant expects to pursue growth through acquisitions, organic initiatives, and stock buybacks, leveraging its low-debt position and proprietary technology platform.
Positive Outlook
- New acquisition of Weport expands presence in Mexico.
- Low net debt position relative to $200 million credit facility.
- Stock buyback program continues with over $2 million spent post-quarter.
- Navegate platform expected to drive organic growth and differentiation.
- Continued focus on integrating acquisitions and strategic capital allocation.
Challenges Ahead
- Net income and adjusted EBITDA decreased year-over-year.
- One-time $1.3 million bad debt expense impacted profitability.
- Adjusted EBITDA margin declined from 16.4% to 11.4%.
- Higher personnel and SG&A costs year-over-year.
- Foreign currency translation losses negatively affected comprehensive income.