Radiant Logistics reported accelerating fourth-quarter growth in revenue and profitability while entering fiscal 2027 with no net debt and an expanded $200 million credit facility to support organic growth and acquisitions.
The technology-enabled transportation and logistics provider generated fiscal fourth-quarter revenue of $261.4 million, up 18.5% from $220.6 million. Gross profit increased 11.2% to $64.4 million.
Adjusted gross profit increased 10.6% to $66.8 million, while adjusted EBITDA rose 31.6% to $10.4 million. Adjusted EBITDA margin increased 240 basis points to 15.5%.
Net income increased 53.1% to $7.5 million, while adjusted net income rose 34.5% to $7.4 million.
Growth was led by U.S. forwarding operations, with particular strength in international airfreight.
Radiant’s Navegate supply-chain technology platform is also gaining traction, with one enterprise customer using it to manage more than 1,400 vendors.
Management sees early signs that the domestic freight environment may be improving as truckload and intermodal capacity exits the market and measures including spot rates and tender rejections move higher.
Radiant also amended its $200 million revolving credit facility with Bank of America, Bank of Montreal, PNC Bank and KeyBank. The maturity was extended to August 2031, while the acquisition accordion increased to $100 million from $75 million.
At fiscal year-end, Radiant had $25 million drawn against the facility and $25.6 million of cash, leaving it with no net debt.
For the full fiscal year, revenue increased to $934.4 million from $902.7 million and net income rose to $18.8 million from $17.3 million.
The strengthened balance sheet gives Radiant additional flexibility to pursue its long-standing strategy of combining organic growth with disciplined acquisitions.
KEY QUOTES:
“We are entering this next phase of the cycle from a position of real financial strength. In August 2026, we completed an amended and restated $200 million secured credit facility, extending its maturity to 2031, expanding our acquisition-focused accordion to $100 million, and improving our pricing terms — and we enter fiscal 2027 with no net debt.”
“That capacity, together with our long-term strategy of growing organically where our network gives us an advantage and supplementing that growth through disciplined acquisitions, positions us well to build on the encouraging, though still early, signs of a domestic freight recovery.”
Bohn Crain, Founder and CEO of Radiant Logistics
