EXPD · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

EXPEDITORS INTERNATIONAL OF WASHINGTON INC · 2026-11-04 · Importance 64 · Surprise 56

Third-quarter 2026 revenues increased 42% year over year to $4.108 billion, and nine-month revenues increased 27% to $10.393 billion. Airfreight services revenue rose 51% in the quarter to $1.545 billion, driven by 38% higher average sell rates and 13% higher tonnage; nine-month revenue increased 42% to $4.070 billion. Customs brokerage and other services revenue grew 29% in the quarter to $1.460 billion and 25% over nine months to $3.910 billion, while ocean freight and ocean services revenue increased 48% in the quarter to $1.103 billion and 9% over nine months to $2.413 billion. Technology-customer demand supported airfreight, road freight, and warehousing and distribution; customs brokerage growth also reflected new business and higher clearance volumes.