At the archive date, EXPEDITORS INTERNATIONAL OF WASHINGTON INC was expected to release its Q3 2026 10-Q filing on November 3, 2026. Last quarter: Expeditors' Q2 FY2026 earnings surged, with EPS of $2.03 on 32% revenue growth, powered by explosive airfreight and customs brokerage demand from AI infrastructure investments.
EPS Estimate
$2.15
Revenue Estimate
$3.51B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the EXPD page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Airfreight services revenues jumped 57%, fueled by a 44% increase in average sell rates and a 14% rise in tonnage, as technology customers invested heavily in AI infrastructure, particularly on exports from North and South Asia.
Ocean freight consolidation revenues increased 3% in Q2 as average buy and sell rates rose 10% and 3%, respectively, with demand recovering in May. However, buy rate growth outpaced sell rates, compressing margins, and overall ocean revenues rose only 5%.
Customs brokerage and other services revenues grew 27%, driven by higher volumes and fees stemming from an increasingly complex tariff and trade environment. Road freight and warehousing also saw strong demand, up over 20% in some regions.
Revenue
$3.5B
+32.07% YoY
EPS (Diluted)
$2.03
+51.49% YoY
Operating Income
$349.62M
+41.13% YoY
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