Short answer
RADIANT LOGISTICS, INC (RLGT) filed its fiscal 2026 10-K annual report with the SEC on Sep 14, 2026. It reported revenue of $934M (+3.5% year over year) and net income of $19M.
- Top risk flagged: Legal risk from Montgomery v. Caribe Transport II (U.S. Supreme Court May 2026) exposing Radiant to increased carrier negligence claims and litigation costs
FY2026 key financial metrics · XBRL
- Revenue
- $934M
- +3.5% YoY
- Net income
- $19M
- +8.6% YoY
- Operating margin
- 2.6%
- +0.3 pp YoY
- EPS (diluted)
- $0.39
- +11.4% YoY
- ROE
- 7.8%
- +0.1 pp YoY
- Operating cash flow
- $17M
- +31.8% YoY
Source: XBRL data from the RADIANT LOGISTICS, INC (RLGT) FY2026 10-K on SEC EDGAR. USD.
RADIANT LOGISTICS, INC FY2026 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Non-asset-based third-party logistics provider offering technology-enabled global transportation and value-added logistics services across North America
- New emphasis: Development of AI-powered "Ray" platform for operational efficiency and data quality improvements under Navegate technology brand
- Strategic shift: Accelerated acquisition of strategic operating partners and conversion of these partners to Company-owned locations, notably expanding in 2024-2025 with multiple new locations
- Quantitative highlights: Total employees at 1,107 as of June 30, 2026; 46% of adjusted gross profit from international services; $25 million debt outstanding under $200 million credit facility as of June 30, 2026
- Noteworthy fact: Expanded greenhouse gas emissions inventory to include more Scope 3 emissions and achieved 100% renewable electricity procurement for North America and Asia Pacific operations in fiscal 2026
Management Discussion & Analysis
- Revenue $934.4M, up 3.5% YoY from $902.7M; Transportation $882.8M (+3.3%), Value-added $51.6M (+6.9%)
- Net income attributable to Radiant Logistics $18.8M, margin 2.0% vs 1.9% (2026 vs 2025); Operating margin improved to 2.6% from 2.3%
- Best segment US Transportation: Revenue $806.6M, Adj. Gross Profit $208.5M; Worst segment Canada adjusted EBITDA margin lower, 30.4% vs 26.6%
- Cash from operations $17.5M (+31.6%); Capex $4.3M; Acquisitions $5.2M; Stock repurchases $3.5M; Revolving credit facility used $25M at June 30, 2026
- Management plans technology platform enhancements in FY2027; Acquisition-driven growth focus; Macro risks include inflation, geopolitical tensions impacting costs and volumes
Risk Factors
- Legal risk from Montgomery v. Caribe Transport II (U.S. Supreme Court May 2026) exposing Radiant to increased carrier negligence claims and litigation costs
- Geopolitical risk from Middle East conflicts causing fuel price increases and shipping channel disruptions impacting freight costs
- Operational risk of $1.8 million owed by strategic operating partners on aged receivables risking uncollectible losses and credit exposure
- Competitive threat from asset-based trucking companies offering brokerage services, especially amid tight industry-wide trucking capacity
- Financial risk from $25 million variable-rate debt under $200 million facility with 3.00x net leverage covenant potentially limiting acquisition flexibility
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.