What were Expeditors International of Washington’s (NYSE:EXPD) second-quarter results?

Expeditors International of Washington (NYSE:EXPD) reported revenue of $3.502 billion, operating income of $350 million and net earnings of $266 million. Diluted EPS increased 51% to $2.03.

Why did Expeditors International of Washington’s (NYSE:EXPD) revenue increase?

Expeditors International of Washington (NYSE:EXPD) recorded higher freight rates and volumes, particularly in airfreight, alongside double-digit growth in customs, distribution, Transcon and order-management revenue.

How did freight volumes perform for Expeditors International of Washington (NYSE:EXPD)?

Expeditors International of Washington (NYSE:EXPD) reported a 14% increase in airfreight tonnage, while ocean container volume remained unchanged from the second quarter of 2025.

What does the restructuring mean for Expeditors International of Washington (NYSE:EXPD)?

Expeditors International of Washington (NYSE:EXPD) recorded a $25 million charge to modernize its Global Technology operation. The company expects the restructuring to reduce annual costs by about $50 million while supporting further technology and artificial-intelligence investments.

Transport and logistics

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Expeditors revenue jumps 32% to $3.5 billion

Written by Brie CarterPublished Aug 4, 2026, 2:41 PM

Expeditors reported second-quarter revenue of $3.502 billion and diluted EPS of $2.03.
Net earnings rose 45% to $266 million, while shares gained 1.4% in early trading.
The company is expanding time-critical aviation services and modernizing its technology operations.

Expeditors International of Washington (NYSE:EXPD) reported second-quarter revenue of $3.502 billion, up 32%, while diluted EPS increased 51% to $2.03.

Net earnings rose 45% to $266 million and operating income increased 41% to $350 million, compared with revenue of $2.652 billion last year.

Airfreight tonnage rose 14% and ocean volume was flat, while a $25 million restructuring charge was partly offset by a $16 million property gain.

Following the announcement, Expeditors' share price was up 1.4% at $172.91.

Expeditors expanded its Critical Logistics Services in July with broader Aircraft on Ground capabilities for time-sensitive aviation and aerospace shipments.

The company returned $461 million during the quarter and $748 million during the first half through dividends and share repurchases.