Norfolk Southern(NSC) - 2025 Q4 - Annual Results

Exhibit 99.2 Norfolk Southern Corporation and Subsidiaries Consolidated Statements of Income (Unaudited) | | | | Fourth Quarter | | | | Years Ended December 31, | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | 2025 | | 2024 | | | | | | (in millions, except per share amounts) | | | | | | Railway operating revenues | | | | | | | | | | Merchandise | $ | 1,880 | $ | 1,842 | $ | 7,684 | $ | 7,470 | | Intermodal | | 747 | | 792 | | 3,009 | | 3,042 | | Coal | | 347 | | 390 | | 1, ...