Radiant Logistics Reports $934.4 Million Revenue for Fiscal Year 2026, Up 3.5%

Radiant Logistics, Inc. reported a fiscal year 2026 revenue of $934.4 million, reflecting a 3.5% increase from $902.7 million in the previous year. The company's adjusted gross profit also saw a rise, reaching $246.0 million compared to $239.4 million in fiscal year 2025. This growth was primarily driven by increased revenues from both transportation services and value-added services, with transportation revenue alone increasing to $882.8 million from $854.4 million. The adjusted gross profit margin slightly decreased from 26.5% to 26.3%, indicating a stable profitability despite rising operational costs.

In terms of operational changes, Radiant Logistics completed the acquisition of an 80% stake in Weport S.A. de C.V., a Mexico City-based logistics company, effective September 1, 2025. This acquisition is expected to enhance the company's service offerings in international air and ocean forwarding, as well as customs brokerage and warehousing. The company has also focused on expanding its network of strategic operating partners, which are crucial for its growth strategy. As of June 30, 2026, Radiant Logistics employed 1,107 individuals, an increase from the previous year, reflecting its ongoing expansion efforts.

The company reported a net income of $18.8 million for fiscal year 2026, up from $17.3 million in the prior year. This increase was attributed to higher adjusted gross profits and a significant gain on the change in fair value of contingent consideration, which amounted to $6.2 million compared to $2.5 million in the previous year. However, the company also faced increased operating expenses, particularly in personnel costs, which rose to $88.5 million, largely due to headcount increases from acquisitions.

Looking ahead, Radiant Logistics anticipates continued growth through both organic means and strategic acquisitions. The company aims to leverage its technology platform to enhance customer relationships and improve operational efficiencies. However, it also faces challenges from external factors such as inflationary pressures, geopolitical tensions, and fluctuating fuel prices, which could impact its operational margins and overall financial performance. The company remains committed to maintaining compliance with its financial covenants under its $200 million revolving credit facility, which had $25 million drawn as of June 30, 2026.