ZIM Integrated Shipping Services reported second-quarter 2026 revenue of $1.781 billion, up 9% year over year and above the $1.599 billion consensus estimate. Adjusted EPS was 64 cents, compared with analyst expectations for a loss of 33 cents per share. Net income increased 170% to $64 million, while adjusted EBITDA rose 4% to $491 million. Carried volume increased 3% to 922,000 TEUs and the average freight rate rose 8% to $1,590 per TEU. Operating cash flow was $395 million, free cash flow was $386 million and net cash stood at $2.46 billion as of June 30, 2026. ZIM shares were down 6.04% at $26.77 on Wednesday despite the stronger-than-expected results.