CHRW · 10-Q · 2026Q3 · Full report

Gross Margin Drivers

C. H. ROBINSON WORLDWIDE, INC. · 2026-10-30 · Importance 63 · Surprise 40

Third-quarter gross profit increased 15.0% to $795.6 million and adjusted gross profit increased 14.5% to $808.4 million, while adjusted gross profit margin fell 200 basis points to 15.1%. Transportation adjusted gross profit rose on higher profit per transaction in truckload, ocean, air freight, and LTL, plus higher truckload and LTL volumes. Truckload pricing and costing capabilities and contractual repricing supported per-transaction profit, while ocean capacity constraints and higher air freight fuel and disruption costs lifted per-shipment economics. Sourcing adjusted gross profit declined because higher fuel costs compressed margins, partly offset by increased foodservice volumes.

Key facts