Radiant Logistics (RLGT) Q1 2027 earnings summary

Executive summary

• Q1 FY2027 revenue was $279.789 million, up 23.4% YoY; adjusted gross profit rose 15.3%, adjusted net income 92.9%, and adjusted EBITDA 79.2%.

• Adjusted EBITDA margin expanded 630 bps to 17.7%; U.S. operations were the main source of improvement, with operating leverage and lower SG&A also contributing.

Financial highlights

• Net income attributable to shareholders was $6.141 million versus $1.293 million; diluted EPS was $0.13 versus $0.03.

• Adjusted net income was $8.615 million versus $4.467 million; adjusted EBITDA was $12.180 million versus $6.797 million.

• Adjusted gross profit was $68.620 million versus $59.453 million; GAAP gross profit was $66.303 million versus $57.114 million.

• Operating cash flow was $4.239 million; cash and cash equivalents ended the quarter at $27.754 million.

Outlook and guidance

• Management sees tighter domestic capacity, driver constraints and higher contract rates as constructive for brokerage and intermodal; continued trends could support a broader freight recovery.

• Growth plans focus on customer relationships, operating partners, technology, agent-station conversions and complementary acquisitions; no quantitative financial guidance was stated.

• Management expects limited tariff relief over the next 24 months; Q1 and Q2 are typically stronger, though seasonality has moderated and charter activity can shift results between quarters.

• Navegate is viewed as scalable, with a robust sales pipeline and potential to add transportation volume, margin and customer business.