Radiant Logistics, Inc. reported a significant increase in financial performance for the fiscal year ending June 30, 2025, with total revenues reaching $902.7 million, up from $802.5 million in the previous year, marking a 12.5% increase. The company's transportation revenue alone rose to $854.4 million, a 13.4% increase from $753.2 million in fiscal 2024. Adjusted gross profit also saw a slight increase, totaling $239.4 million compared to $236.5 million in the prior year. However, the adjusted gross profit margin decreased from 29.5% to 26.5%, primarily due to lower margins associated with project charter revenues and increased ocean freight revenues.
The company has made strategic acquisitions to bolster its growth, including the purchase of Foundation Logistics & Services, LLC, and Transcon Shipping Co., Inc. in fiscal 2025. These acquisitions are expected to enhance Radiant's service offerings and operational capabilities. The company also reported a notable increase in goodwill, which rose to $117.6 million from $93.0 million, reflecting the value attributed to these acquisitions. As of June 30, 2025, Radiant employed 1,026 individuals, a slight increase from the previous year, indicating a focus on expanding its workforce to support growth initiatives.
Operationally, Radiant Logistics has continued to expand its geographic footprint, with a network of over 100 operating locations across North America and international service partners. The company reported that approximately 45% of its adjusted gross profit now comes from international services, up from 40% in the previous fiscal year. This expansion is part of Radiant's strategy to leverage its technology platform and enhance customer relationships, which is critical in a highly competitive logistics market.
Looking ahead, Radiant Logistics anticipates continued growth through both organic means and acquisitions. The company plans to enhance its technology infrastructure to improve operational efficiency and customer service. However, it also acknowledges potential challenges, including macroeconomic factors such as inflation, trade uncertainties, and evolving customer demands, which could impact future performance. The company remains committed to maintaining strong relationships with its strategic operating partners, which are essential for its business model and revenue generation.
About RADIANT LOGISTICS, INC
Radiant Logistics, Inc. is a non-asset-based third-party logistics provider offering global transportation, freight forwarding, and value-added supply chain services across North America and internationally. Its core activities include arranging freight via air, ocean, truckload, LTL, and intermodal modes, supported by advanced IT systems. The company leverages a broad carrier network, strategic partnerships, and a multi-brand network to deliver cost-effective, flexible logistics solutions to diverse industries.
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