Kirby Corporation (NYSE:KEX) filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 6, 2026, reporting third-quarter net earnings attributable to Kirby of $110.8 million and total revenues of $977.2 million.

Key Highlights

  • Total revenues: $977.2 million for the three months ended September 30, 2026, up from $871.2 million in the same quarter of 2025.
  • Net earnings attributable to Kirby: $110.8 million for Q3 2026, compared with $92.5 million in Q3 2025.
  • Diluted EPS: $2.09 per share for Q3 2026, versus $1.65 per share in Q3 2025.
  • Nine-month revenues: $2.74 billion for the nine months ended September 30, 2026, compared with $2.51 billion for the same period in 2025.
  • Treasury stock purchases: $224.2 million spent on share repurchases in the nine months ended September 30, 2026, bringing treasury shares to 13.2 million as of that date.
  • Shares outstanding: 52.0 million shares of common stock as of November 5, 2026.
  • Total assets: $6.29 billion as of September 30, 2026, up from $6.01 billion at December 31, 2025.

Kirby Corporation Q3 2026 Financial Results: Revenue and Earnings Growth Across Both Segments

According to the filing, Kirby reported total revenues of $977.2 million for the three months ended September 30, 2026, compared with $871.2 million for the same period in 2025. Marine transportation revenues were $568.7 million in Q3 2026, up from $484.9 million in Q3 2025, while distribution and services revenues were $408.5 million, compared with $386.2 million a year earlier. Operating income for the quarter was $150.9 million, versus $129.2 million in Q3 2025.

For the nine months ended September 30, 2026, the company reported net earnings attributable to Kirby of $281.7 million and diluted earnings per share of $5.26, compared with $262.8 million and $4.64, respectively, in the prior-year period. Net cash provided by operating activities was $313.4 million for the nine-month period, down from $358.0 million in the same period of 2025, according to the filing. Capital expenditures were $189.3 million and acquisitions of businesses and marine equipment totaled $95.8 million for the nine months ended September 30, 2026.

On the balance sheet, the filing disclosed total assets of $6.29 billion as of September 30, 2026, against $6.01 billion at December 31, 2025. Long-term debt, net, was $1.07 billion at quarter end, up from $911.9 million at year-end 2025. The company disclosed that treasury stock purchases during the nine-month period totaled $224.2 million, increasing treasury shares from 11.7 million at December 31, 2025, to 13.2 million at September 30, 2026. Total Kirby stockholders' equity stood at $3.44 billion as of September 30, 2026.

What Was Disclosed

Kirby Corporation filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing revenue growth in both marine transportation and distribution and services segments, higher net earnings, expanded share repurchase activity, and increased total assets relative to year-end 2025.