CN reports $1.21B Q3 profit, up from $1.14B a year ago, revenue also higher

Canadian National Railway Co. reported a third-quarter profit of $1.21 billion, up from $1.14 billion in the same quarter last year.

The railway says the profit amounted to $2.00 per diluted share for the quarter ended Sept. 30, up from a profit of $1.83 per diluted share a year earlier.

On an adjusted basis, CN says it earned $2.16 per diluted share in its latest quarter, up from an adjusted profit of $1.83 per diluted share a year ago.

Revenue for the quarter totalled $4.77 billion, up from $4.17 billion in the same quarter last year.

CN says its operating ratio, defined as operating expenses as a percentage of revenues, for the quarter was 63.7 per cent, up from 61.4 per cent a year ago.

On an adjusted basis, CN's operating ratio 61.0 per cent, down from an adjusted 61.4 per cent in the same quarter last year.

This report by The Canadian Press was first published Oct. 30, 2026.

Companies in this story: (TSX:CNR)

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