Norfolk Southern's Operating Expenses rose 760.7% to $2.0 billion in Q4 2025 from the same period last year, while for Dec 2025 it was $7.8 billion, marking a year-over-year decrease of 283.16%. This contributed to the annual value of $7.8 billion for FY2025, which is 283.16% down from last year.
Latest data reveals that Norfolk Southern reported Operating Expenses of $2.0 billion as of Q4 2025, which was up 760.7% from $2.0 billion recorded in Q3 2025.
In the past 5 years, Norfolk Southern's Operating Expenses registered a high of $2.8 billion during Q1 2024, and its lowest value of $1.5 billion during Q3 2024.
For the 5-year period, Norfolk Southern's Operating Expenses averaged around $2.0 billion, with its median value being $2.0 billion (2022).
Its Operating Expenses has fluctuated over the past 5 years, first tumbled by 3431.15% in 2024, then surged by 3780.07% in 2025.
Over the past 5 years, Norfolk Southern's Operating Expenses (Quarter) stood at $1.7 billion in 2021, then increased by 19.33% to $2.1 billion in 2022, then increased by 10.17% to $2.3 billion in 2023, then fell by 16.42% to $1.9 billion in 2024, then rose by 7.61% to $2.0 billion in 2025.
Its Operating Expenses was $2.0 billion in Q4 2025, compared to $2.0 billion in Q3 2025 and $1.9 billion in Q2 2025.

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