EXPD · Other

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Capital Return ProgramImportance 64 · Surprise 42
  Expeditors announced a new $3.0 billion share repurchase authorization in 2026. The new authorization remained unused as of the reported second-quarter coverage, following completion of the company’s long-running…

News · 2026-08-06

• Ocean Freight WeaknessImportance 20 · Surprise 24
  Expeditors’ ocean freight markets were described as challenging, with ocean volumes characterized as stable in one earnings recap but as contracting sharply in third-party analysis. Ocean profitability reportedly…

10-Q · 2026-08-05

• AI Infrastructure DemandImportance 78 · Surprise 74
  Technology customers continued investing in artificial intelligence infrastructure, driving strong demand for airfreight, road freight, warehousing and distribution services. Second-quarter 2026 airfreight revenue…
• Airfreight Demand and CapacityImportance 69 · Surprise 64
  Airfreight revenue increased 57% in the second quarter and 36% in the first half of 2026, reflecting higher demand from technology customers. Second-quarter tonnage rose 14%, with the strongest increases on exports…
• Revenue Performance and MixImportance 64 · Surprise 56
  Second-quarter 2026 revenues increased 32% year over year, driven by strong volumes across most services. Airfreight services revenue increased 57% to $1,494.8 million, supported by a 44% increase in average sell rates…
• Operating Expense TrendsImportance 59 · Surprise 48
  Second-quarter salaries and related costs increased 22% year over year to $573.7 million, while six-month salaries and related costs increased 15% to $1,073.3 million. The increase reflected a 4% increase in headcount,…
• Customs Brokerage GrowthImportance 59 · Surprise 48
  Customs brokerage and other services revenue increased 27% in the second quarter and 22% in the first half of 2026. Growth reflected higher numbers and complexity of customs clearances, as well as increased road…
• Operating Income and MarginsImportance 58 · Surprise 56
  Second-quarter 2026 operating income increased 41% to $349.6 million from $247.7 million in the prior-year quarter, while six-month operating income increased 25% to $644.4 million. The quarterly operating margin was…
• Capital Return ProgramImportance 58 · Surprise 42
  Expeditors returned $461 million to shareholders through common-stock repurchases and dividends during the second quarter of 2026. The company repurchased 2.3 million shares during the quarter at an average price of…
• Ocean Capacity and PricingImportance 51 · Surprise 64
  Ocean supply-demand conditions shifted from excess capacity in the first quarter to a more balanced environment in the second quarter as demand improved. Carrier blank sailings and other restrictive capacity measures…
• Ocean Freight Demand RecoveryImportance 49 · Surprise 32
  Ocean freight and ocean services revenue increased 5% in the second quarter of 2026, although first-half revenue declined 10% because excess capacity pressured rates during the first quarter. Ocean freight…
• Liquidity and Debt PositionImportance 48 · Surprise 14
  At June 30, 2026, Expeditors held $1,031 million of cash and cash equivalents and reported $1,448 million of working capital. Operating cash flow was $179 million in the second quarter and $488 million for the first…
• FX / Currency HeadwindsImportance 45 · Surprise 64
  Net foreign-currency transaction losses were approximately $8 million in the second quarter of 2026 and $6 million for the first six months, compared with losses of $12 million and $17 million in the corresponding 2025…
• Trade Policy and TariffsImportance 41 · Surprise 60
  Beginning in the first quarter of 2025, the U.S. Government imposed substantially higher import tariffs, followed by additional sector- and country-specific measures and retaliatory actions involving countries…
• Headcount / RestructuringImportance 40 · Surprise 42
  Expeditors announced a restructuring of its Global Technology group during the second quarter of 2026. The company recorded $25 million of restructuring-related expenses in the quarter, representing the majority of the…
• Order Management ExpansionImportance 35 · Surprise 48
  Order management revenue increased 21% in the second quarter and 17% in the first half of 2026, with expenses increasing at similar rates. Growth was driven by higher volumes from both new and existing customers.…
• Income Tax Rate ChangesImportance 30 · Surprise 40
  The consolidated effective tax rate declined to 25.4% in the second quarter of 2026 from 28.7% in the prior-year quarter. The six-month effective tax rate declined to 25.2% from 27.3%, reducing the tax rate on $664.9…
• Capital ExpendituresImportance 25 · Surprise 6
  Expeditors’ 2026 capital expenditures are estimated at approximately $60 million. Planned investments include technology infrastructure, leasehold and building improvements, technology and facilities equipment, and…

News · 2026-08-05

• Capital Return ProgramImportance 64 · Surprise 42
  Expeditors announced a new $3.0 billion share repurchase authorization in 2026. The new authorization remained unused as of the reported second-quarter coverage, following completion of the company’s long-running…
• Customs Brokerage DemandImportance 41 · Surprise 48
  Customs brokerage revenue increased 27% year over year, according to third-party coverage of Expeditors’ second-quarter results. Demand was supported by greater complexity in customs brokerage and tariff-related trade…
• Aircraft-On-Ground ServicesImportance 31 · Surprise 42
  Expeditors expanded its global Aircraft on Ground, or AOG, logistics offering to serve time-critical aviation freight demand. The enhanced service provides dedicated 24/7/365 support, real-time shipment visibility,…
• Airfreight Demand TrendsImportance 30 · Surprise 40
  Expeditors reported a 14% year-over-year increase in airfreight tonnage in the second quarter of 2026. Third-party reporting attributed the demand surge to technology customers, particularly AI hyperscalers and AI…
• Income Tax Rate ChangesImportance 20 · Surprise 24
  Expeditors’ effective tax rate decreased to 25.4% in the second quarter of 2026. The lower rate contributed to the 51% year-over-year increase in diluted EPS to $2.03. Reported coverage did not quantify the tax…

8-K · 2026-08-04

• Revenue Performance and MixImportance 69 · Surprise 64
  Second-quarter airfreight services revenue increased 57% year over year to $1.495 billion, while airfreight tonnage increased 14% and increased 16% sequentially from the first quarter of 2026. Ocean freight and ocean…
• Geographic Revenue ShiftImportance 69 · Surprise 64
  Second-quarter United States revenue increased 33% year over year to $1.164 billion, representing approximately 33% of consolidated revenue. North Asia revenue increased 28% to $817.0 million, while South Asia revenue…
• Liquidity and Cash PositionImportance 59 · Surprise 48
  Cash and cash equivalents declined to $1.031 billion at June 30, 2026, from $1.314 billion at December 31, 2025. Six-month net cash provided by operating activities was $487.9 million, while share repurchases and…
• Operating Income and MarginsImportance 58 · Surprise 56
  Second-quarter operating income increased 41% to $349.6 million from $247.7 million. The operating margin expanded to approximately 10.0% of revenue from 9.3% in the prior-year quarter, despite a $25 million pretax…
• Operating Expense TrendsImportance 47 · Surprise 22
  Second-quarter salaries and other operating expenses increased 13% year over year to $735.9 million from $650.8 million. Salaries and related expense increased 22% to $573.7 million, while rent and occupancy increased…
• Technology Restructuring and AIImportance 46 · Surprise 42
  Expeditors recorded a $25 million pretax restructuring charge in the second quarter of 2026 to modernize and reshape its Global Technology team. Management expects the restructuring to reduce the company’s cost…
• Headcount / RestructuringImportance 44 · Surprise 42
  Expeditors recorded a $25 million pretax restructuring charge in the second quarter related to its Global Technology team. The restructuring is intended to modernize and reshape the Global Technology function rather…
• Shareholder Capital ReturnsImportance 42 · Surprise 14
  Expeditors returned $461 million to shareholders through dividends and share repurchases during the second quarter of 2026. Total dividends and repurchases for the first half of 2026 reached $748 million. During the…
• Income Tax Rate ChangesImportance 41 · Surprise 48
  Second-quarter income tax expense increased 23% year over year to $91.2 million from $74.1 million. Earnings before income taxes increased 39% to $358.5 million from $258.0 million, implying an effective tax rate of…
• Capital Return ProgramImportance 37 · Surprise 6
  Expeditors returned $461 million to shareholders through dividends and share repurchases during the second quarter of 2026. The company returned $748 million through dividends and share repurchases during the first six…
• Middle East Conflict ImpactImportance 37 · Surprise 42
  The conflict in the Middle East reduced passenger flights and constrained belly capacity during the second quarter of 2026, particularly late in the quarter. Expeditors said air buy and sell rates were highly elevated…
• Trade Policy and TariffsImportance 37 · Surprise 42
  Expeditors said its customs business benefited from tariff-related complexity during the second quarter of 2026. A temporary surge in IEEPA-related filings drove higher pricing, while the company also cited the U.S.…
• Critical Logistics Capacity ExpansionImportance 31 · Surprise 42
  Expeditors expanded its Critical Logistics Services to include broader global Aircraft on Ground capabilities. The expansion targets time-critical aviation and aerospace logistics and is intended to strengthen the…
• Critical Logistics ExpansionImportance 31 · Surprise 42
  In July 2026, Expeditors expanded its Critical Logistics Services offering to include broader global Aircraft on Ground capabilities. Management said the initiative is intended to strengthen the company’s presence in…
• Airfreight Demand and CapacityImportance 30 · Surprise 40
  Airfreight tonnage increased 14% year over year and 16% sequentially, led by Asia-U.S. and Asia-Europe trade lanes. Demand for air capacity exceeded available space, particularly late in the quarter, as reduced…
• Customs Brokerage Demand GrowthImportance 30 · Surprise 40
  Customs brokerage and the company’s other customs-related products delivered double-digit growth for the second consecutive quarter. Demand came from diverse geographies and business sectors, led by AI hyperscalers and…
• Ocean Freight Demand RecoveryImportance 25 · Surprise 32
  Ocean freight volumes increased 7% from Q1 2026, marking the first sequential increase since Q3 2025. Carriers managed capacity carefully while demand strengthened, producing higher rates late in the quarter. The…

News · 2026-08-04

• Revenue Performance and MixImportance 68 · Surprise 56
  Second-quarter 2026 revenue increased 32% year over year to $3.502 billion. Airfreight tonnage increased 14%, while ocean volumes were stable and ocean profitability improved. Customs brokerage and related services…
• Operating Income and MarginsImportance 63 · Surprise 64
  Second-quarter 2026 operating income increased 41% year over year to $350 million. Net earnings attributable to shareholders increased 45% to $266 million, while diluted EPS rose 51% to $2.03 from $1.34. Reported…
• Headcount / RestructuringImportance 40 · Surprise 42
  Expeditors recorded a $25 million pre-tax restructuring charge for its Global Technology team in the second quarter of 2026. The restructuring is expected to reduce annual costs by approximately $50 million. The…
• Airfreight Demand TrendsImportance 30 · Surprise 40
  Expeditors reported a 14% year-over-year increase in airfreight tonnage in the second quarter of 2026. Third-party reporting attributed the demand surge to technology customers, particularly AI hyperscalers and AI…
• Dividend DeclarationImportance 13 · Surprise 6
  Expeditors declared a semi-annual cash dividend of $0.81 per share for the second quarter of 2026. The dividend was reported alongside quarterly revenue of $3.50 billion and diluted EPS of $2.03. The reported coverage…