# Radiant Logistics (RLGT) Q4 2025 Financial Results Summary
**Release Date**: September 15, 2025
Radiant Logistics, Inc. (NYSE American: RLGT) reported its financial results for the fourth fiscal quarter and year ended June 30, 2025. Below is a summary of the key financial highlights and metrics.
## Financial Highlights for Q4 and Fiscal Year Ended June 30, 2025
### Fiscal Year 2025 Highlights:
– **Revenues**: Increased to **$902.7 million**, up **$100.2 million** or **12.5%** from **$802.5 million** in the prior year.
– **Gross Profit**: Increased to **$226.1 million**, reflecting a rise of **$2.6 million** or **1.2%** from **$223.5 million** the previous year.
– **Adjusted Gross Profit**: Reached **$239.4 million**, up **$2.9 million** or **1.2%** compared to **$236.5 million** from the prior year.
– **Net Income**: Increased to **$17.3 million**, translating to **$0.37 per basic share** and **$0.35 per fully diluted share**, compared to **$7.7 million** and **$0.16 per share** the prior year.
– **Adjusted Net Income**: Grew to **$30.9 million**, or **$0.66 per basic** and **$0.64 per fully diluted share**, reflecting an **increase of $8.3 million** or **36.7%** from **$22.6 million** in the previous year.
– **Adjusted EBITDA**: Recorded at **$38.8 million**, a **$7.6 million** increase or **24.4%** from **$31.2 million** year-over-year.
– **Adjusted EBITDA Margin**: Increased to **16.2%**, marking a rise of **300 basis points** from **13.2%** in the prior year.
### Financial Performance for Q4 ended June 30, 2025:
– **Revenues**: Reported at **$220.6 million**, compared to **$206.0 million**, reflecting an increase of **$14.6 million** or **7.1%** year-over-year.
– **Net Income**: Increased slightly to **$4.9 million**, compared to **$4.8 million** in the same quarter last year.
– **Adjusted Net Income**: Decreased to **$5.5 million**, down from **$7.0 million**, a decline of **21.4%**.
– **Adjusted EBITDA**: Reported at **$7.9 million**, compared to **$9.1 million**, a decline of **13.2%** year-over-year.
– **Earnings per Share**: For both basic and diluted shares remained constant at **$0.10**, unchanged from the prior year’s quarter.
### Acquisitions During Fiscal Year:
– **USA Logistics Services, Inc.** and **USA Carrier Services, LLC** (April 1, 2025)
– **Universal Logistics, Inc.** (May 1, 2025)
– **80% ownership in Weport, S.A. de C.V.** (Effective September 1, 2025)
### Stock Buy-Back Details:
– The company repurchased **145,717 shares** of common stock at an average cost of **$5.48 per share**, totaling **$0.8 million** during the fiscal year.
### Balance Sheet Overview as of June 30, 2025:
– **Total Assets**: Increased to **$426.8 million** from **$371.2 million** the previous year.
– **Cash and Cash Equivalents**: Reported at **$22.9 million**, down from **$24.9 million**.
– **Total Liabilities**: Went up to **$200.7 million**, compared to **$161.7 million** from the prior year.
### Future Outlook:
– The company’s CEO, Bohn Crain, emphasized their robust business model and preparation for future growth as the market conditions improve post-tariff negotiations.
– They maintain a **strong balance sheet** with **approximately $22.9 million** in cash and **only $20.0 million** drawn from a **$200.0 million** credit facility.
### Dividends:
– No quarterly dividend declaration was noted in the financial results.
Radiant Logistics continues its commitment to growth through acquisitions and strategic adaptations to market changes, maintaining a positive trajectory even in the face of potential near-term market volatility.
### RADIANT LOGISTICS, INC. Consolidated Balance Sheets
(In thousands, except share and per share data)
| ASSETS | June 30, 2025 | June 30, 2024 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $22,942 | $24,874 |
| Accounts receivable, net of allowance of | 134,911 | 118,016 |
| $2,128 and $2,103, respectively | ||
| Contract assets | 6,904 | 7,615 |
| Income tax receivable | 2,194 | 3,133 |
| Prepaid expenses and other current | ||
| assets | 12,299 | 10,567 |
| Total current assets | 179,250 | 164,205 |
| Property, technology, and equipment, net | 23,489 | 25,558 |
| Goodwill | 117,637 | 93,043 |
| Intangible assets, net | 49,123 | 34,943 |
| Operating lease right-of-use assets | 55,066 | 49,850 |
| Deposits and other assets | 2,209 | 3,586 |
| Total other long-term assets | 224,035 | 181,422 |
| Total assets | $426,774 | $371,185 |
| LIABILITIES AND EQUITY | ||
|---|---|---|
| Current liabilities: | ||
| Accounts payable | $74,411 | $73,558 |
| Operating partner commissions payable | 10,541 | 13,291 |
| Accrued expenses | 10,637 | 8,948 |
| Current portion of operating lease | ||
| liabilities | 12,741 | 11,629 |
| Current portion of finance lease | ||
| liabilities | 282 | 643 |
| Current portion of contingent | 6,050 | 455 |
| consideration | ||
| Other current liabilities | 483 | 1,927 |
| Total current liabilities | 115,145 | 110,451 |
| Notes payable | 20,000 | — |
| Operating lease liabilities, net of | ||
| current portion | 49,245 | 45,026 |
| Finance lease liabilities, net of | ||
| current portion | 969 | 677 |
| Contingent consideration, net of current | 13,300 | 4,710 |
| portion | ||
| Deferred tax liabilities | 1,782 | 812 |
| Other long-term liabilities | 248 | — |
| Total long-term liabilities | 85,544 | 51,225 |
| Total liabilities | 200,689 | 161,676 |
| Equity: | ||
| Common stock, $0.001 par value, 100,000,000 shares authorized; 52,324,201 and 51,844,249 shares issued, and 47,143,178 and 46,808,943 shares outstanding | 34 | 33 |
| Additional paid-in capital | 110,588 | 110,763 |
| Treasury stock, at cost, 5,181,023 and | (31,964) | (31,166) |
| 5,035,306 shares, respectively | ||
| Retained earnings | 150,569 | 133,278 |
| Accumulated other comprehensive loss | (3,211) | (3,546) |
| Total Radiant Logistics, Inc. | 226,016 | 209,362 |
| stockholders’ equity | ||
| Noncontrolling interest | 69 | 147 |
| Total equity | 226,085 | 209,509 |
| Total liabilities and equity | $426,774 | $371,185 |
—
### RADIANT LOGISTICS, INC. Consolidated Statements of Comprehensive Income
(In thousands, except share and per share data)
| Three Months Ended June 30, | 2025 | 2024 | Year Ended June 30, | 2025 | 2024 |
|---|---|---|---|---|---|
| Revenues | $220,580 | $206,032 | $902,696 | $802,470 | |
| Operating expenses: | |||||
| Cost of transportation and other | 160,195 | 145,451 | 663,277 | 565,947 | |
| services | |||||
| Operating partner commissions | 21,145 | 22,991 | 78,493 | 92,668 | |
| Personnel costs | 21,882 | 19,409 | 81,509 | 78,212 | |
| Selling, general and administrative | |||||
| expenses | 10,201 | 8,636 | 42,471 | 38,700 | |
| Depreciation and amortization | 3,600 | 4,666 | 18,379 | 18,095 | |
| Change in fair value of contingent | (1,641) | — | (2,491) | (450) | |
| consideration | |||||
| Total operating expenses | 215,382 | 201,153 | 881,638 | 793,172 | |
| Income from operations | 5,198 | 4,879 | 21,058 | 9,298 | |
| Other income (expense): | |||||
| Interest income | 179 | 503 | 1,303 | 2,333 | |
| Interest expense | (491) | (212) | (1,342) | (1,056) | |
| Foreign currency transaction gain | (51) | 21 | 164 | 143 | |
| Change in fair value of interest rate | — | (294) | (1,032) | (1,197) | |
| swap contracts | |||||
| Other | (18) | 5 | 1,052 | 199 | |
| Total other income | (381) | 23 | 145 | 422 | |
| Income before income taxes | 4,817 | 4,902 | 21,203 | 9,720 | |
| Income tax expense | 116 | (56) | (3,765) | (1,523) | |
| Net income | 4,933 | 4,846 | 17,438 | 8,197 | |
| Less: net income attributable to | (26) | (65) | (147) | (512) | |
| noncontrolling interest | |||||
| Net income attributable to Radiant | $4,907 | $4,781 |
