EXPD · 10-Q · 2026Q2 · Full report

Revenue Performance and Mix

EXPEDITORS INTERNATIONAL OF WASHINGTON INC · 2026-08-05 · Importance 64 · Surprise 56 · No source text

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 and a 14% increase in tonnage. Customs brokerage and other services revenue increased 27% to $1,296.6 million, while ocean freight and ocean services revenue increased 5% to $710.9 million in the quarter. For the first six months, airfreight revenue rose 36% to $2,525.7 million, customs brokerage and other services rose 22% to $2,449.8 million, and ocean revenue declined 10% to $1,309.8 million.

Key facts

• Airfreight services six months revenues were $2,525,705 thousand, a 36% increase versus $1,853,547 thousand in 2025. source
• Revenues increased 32% as compared to second quarter of 2025. source
• North America revenues increased 33% and 26% and expenses increased 42% and 28% for the three and six months ended June 30, 2026, respectively, compared to 2025. source
• Europe revenues increased 14% and 17% and expenses increased 11% and 14% for the three and six months ended June 30, 2026, respectively, compared to 2025. source

Impact estimates