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Expeditors International of Washington EXPD Q2 2026 earnings

Reported August 4, 2026 · Before market open

Revenue$3.5BBeat by $593.0M
EPS$2.03Beat by $0.34
Revenue estimate$2.9B
EPS estimate$1.69

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$3.5B
EPS estimate$2.12

Financials

Q2 2026

Income statement

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Revenue$3.5B+32.1%
Operating income$349.6M+41.1%
Net income$266.2M+45.0%
EPS (diluted)$2.03+51.5%

Balance sheet

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Cash & equivalents$1.0B-10.8%
Total debt$567.3M-3.3%
Total equity$2.1B-3.5%
Total assets$5.1B+7.3%

Cash flow

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Operating cash flow$178.6M-0.3%
CapEx$12.0M-24.5%
Free cash flow$166.6M+2.0%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$24.72B+48.9%
Enterprise value$24.26B+51.3%
P/E26.9×+7.4×
P/S2.1×+0.6×

Profitability

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Operating margin9.8%-0.1pp
Net margin7.6%+0.1pp
FCF margin7.7%+0.5pp

Returns & leverage

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Return on equity42.6%+3.6pp
Debt / equity0.3×0.0×
Current ratio1.6×-0.2×

Segments

By geography

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North Asia$817.0M+28.3%
South Asia$568.8M+58.2%
Europe$519.9M+15.6%
EMEA$225.2M+44.9%
Other North America$141.9M+31.2%

By product

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Airfreight Services$1.5B+57.1%
Customs Brokerage And Other Services$1.3B+26.6%
Ocean Freight And Ocean Services$710.9M+5.2%

FAQ

When did Expeditors International of Washington report Q2 2026 earnings?
Expeditors International of Washington (EXPD) reported Q2 2026 earnings on August 4, 2026 before market open.
What were Expeditors International of Washington's Q2 2026 revenue and EPS?
Expeditors International of Washington reported revenue of $3.5B and eps of $2.03 for Q2 2026.
Did Expeditors International of Washington beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.9B by $593.0M. EPS beat the consensus estimate of $1.69 by $0.34.
How did Expeditors International of Washington's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 32.1% from $2.7B a year earlier and eps grew 51.5% from $1.34.
Where can I find Expeditors International of Washington's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-332198) and the 10-Q periodic report (0001193125-26-334457) directly on SEC EDGAR. The filing index links above go to sec.gov.