RADIANT LOGISTICS, INC Revenue Disclosure
NOTE 3 – REVENUE
For the fiscal years ended June 30, 2025 and 2024, there was no customer whose revenue represented 10% or more of consolidated revenues. A summary of the Company’s gross revenues disaggregated by major service lines and geographic markets (reportable segments), and timing of revenue recognition are as follows:
|
Year Ended June 30, 2025 |
|
|||||||||||||
(In thousands) |
United States |
|
|
Canada |
|
|
Corporate/ Eliminations |
|
|
Total |
|
||||
Major service lines: |
|
|
|
|
|
|
|
|
|
|
|
||||
Transportation services |
$ |
776,807 |
|
|
$ |
77,961 |
|
|
$ |
(383 |
) |
|
$ |
854,385 |
|
Value-added services (1) |
|
15,375 |
|
|
|
32,936 |
|
|
|
— |
|
|
|
48,311 |
|
Total |
$ |
792,182 |
|
|
$ |
110,897 |
|
|
$ |
(383 |
) |
|
$ |
902,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Timing of revenue recognition: |
|
|
|
|
|
|
|
|
|
|
|
||||
Services transferred over time |
$ |
787,003 |
|
|
$ |
110,690 |
|
|
$ |
(383 |
) |
|
$ |
897,310 |
|
Services transferred at a point in time |
|
5,179 |
|
|
|
207 |
|
|
|
— |
|
|
|
5,386 |
|
Total |
$ |
792,182 |
|
|
$ |
110,897 |
|
|
$ |
(383 |
) |
|
$ |
902,696 |
|
|
Year Ended June 30, 2024 |
|
|||||||||||||
(In thousands) |
United States |
|
|
Canada |
|
|
Corporate/ Eliminations |
|
|
Total |
|
||||
Major service lines: |
|
|
|
|
|
|
|
|
|
|
|
||||
Transportation services |
$ |
670,169 |
|
|
$ |
83,320 |
|
|
$ |
(241 |
) |
|
$ |
753,248 |
|
Value-added services (1) |
|
13,786 |
|
|
|
35,436 |
|
|
|
— |
|
|
|
49,222 |
|
Total |
$ |
683,955 |
|
|
$ |
118,756 |
|
|
$ |
(241 |
) |
|
$ |
802,470 |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Timing of revenue recognition: |
|
|
|
|
|
|
|
|
|
|
|
||||
Services transferred over time |
$ |
677,862 |
|
|
$ |
118,678 |
|
|
$ |
(241 |
) |
|
$ |
796,299 |
|
Services transferred at a point in time |
|
6,093 |
|
|
|
78 |
|
|
|
— |
|
|
|
6,171 |
|
Total |
$ |
683,955 |
|
|
$ |
118,756 |
|
|
$ |
(241 |
) |
|
$ |
802,470 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 15, 2025 | Showing above |
| 2024 | Sep 12, 2024 | |
| 2023 | Sep 13, 2023 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.