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Expeditors International of Washington, Inc. 10-Q Filings

EXPD NYSE

Every 10-Q that Expeditors International of Washington, Inc. (EXPD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow EXPD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EXPD filings page.

Rhea-AI Summary

Expeditors International of Washington, Inc. reported strong second‑quarter 2026 results, with revenues of approximately $3.50 billion, up 32% from a year earlier. Growth was led by airfreight services (revenues up 57%) and customs brokerage and other services (up 27%), driven largely by technology customers investing in AI infrastructure. Operating income rose 41% to $349.6 million, and net earnings attributable to shareholders increased 45% to $266.2 million, lifting diluted EPS by 51% to $2.03.

Cash from operating activities was $179 million in the quarter and $487.9 million for the first half, with cash and cash equivalents at $1.03 billion and no long‑term debt other than lease liabilities. The company returned $461 million to shareholders in the first half through stock repurchases and dividends, including repurchasing 4.3 million shares at an average $148.87. A global technology restructuring resulted in $25 million of Q2 charges, with total expected costs of about $27 million. The effective tax rate declined to 25.4% in Q2, aided by fewer nondeductible foreign expenses and a favorable Supreme Court of India ruling that dismissed a significant portion of Indian tax authority claims, though some exposure remains.

Rhea-AI Summary

Expeditors International of Washington posted solid first-quarter 2026 results, with revenue of $2.78 billion, up 4% from a year earlier. Net earnings attributable to shareholders rose to $229.6 million, a 13% increase, and diluted earnings per share climbed 16% to $1.71.

Growth was driven by a 17% rise in customs brokerage and other services revenue and 14% growth in airfreight services, helped by strong demand from technology customers building artificial intelligence infrastructure. Ocean freight and ocean services revenue fell 23% as excess industry capacity pressured rates and volumes.

Operating income increased 11% to $294.8 million, while cash from operating activities was $309 million, down modestly from $343 million a year ago as working capital absorbed more cash. The company ended the quarter with $1.32 billion in cash and cash equivalents and no long-term debt, and it repurchased 2.0 million shares for $287.6 million. The board also approved a new $3 billion share repurchase program and, after quarter-end, declared a semi-annual dividend of $0.81 per share.

10-Q
Rhea-AI Summary

Expeditors International (EXPD) reported Q3 2025 results with total revenues of $2,894,751,000, down 4% year over year. Ocean freight and ocean services revenue fell 27% to $746,120,000 as sell and buy rates declined, while customs brokerage and other services grew 13% to $1,128,373,000 and airfreight services rose 3% to $1,020,258,000.

Operating income was $288,042,000 (down 4%), and net earnings attributable to shareholders were $222,256,000 (down 3%). Diluted EPS increased to $1.64. Cash from operating activities reached $201,368,000, up from $89,972,000 a year ago. The company repurchased $212,294,000 of common stock in the quarter.

Cash and cash equivalents were $1,190,167,000 and total shareholders’ equity was $2,280,402,000. Subsequent to quarter-end, a semi-annual dividend of $0.77 per share was declared, payable on December 15, 2025 to shareholders of record on December 1, 2025.