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Cost of Revenue

Production and delivery

Expeditors International of Washington Production and delivery decreased by 6.3% to $1.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $1.78B to $1.81B. Over 4 years (FY 2021 to FY 2025), Production and delivery shows a downward trend with a -11.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 6, 2026

How to read this metric

A decrease relative to revenue suggests improved operational efficiency or better carrier rate negotiation, while an increase may indicate rising fuel or capacity costs.

Detailed definition

Includes the direct costs incurred to provide logistics and freight forwarding services, such as carrier fees, transport...

Peer comparison

Highly comparable across logistics and freight forwarding peers as it represents the core cost of goods sold.

Metric ID: cost_of_revenue_direct_operating_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.6B$3.19B$4.03B$3.52B$3.44B$3.19B$2.43B$1.72B$1.42B$1.4B$1.51B$1.43B$1.64B$2.09B$2.02B$1.78B$1.75B$1.94B$1.93B$1.81B
QoQ Change+22.6%+26.4%-12.7%-2.1%-7.2%-24.1%-29.1%-17.4%-1.2%+8.0%-5.3%+14.4%+27.7%-3.5%-12.0%-1.3%+10.6%-0.4%-6.3%
YoY Change+32.4%+0.3%-39.8%-51.1%-58.8%-56.1%-37.6%-16.6%+15.5%+49.3%+33.5%+24.0%+7.0%-7.4%-4.3%+1.9%
Range$1.4B$4.03B
CAGR-7.3%
Avg YoY Growth-6.7%
Median YoY Growth-2.0%
Current Streak2 quarters decline

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Airfreight Services$645.17M$740.36M$808.44M$648.49M$698.4M$766.78M$866.31M$769.48M
Customs Brokerage And Other Services$516.12M$569.78M$530.61M$554.28M$571.48M$630.57M$635.91M$625.65M
Ocean Freight And Ocean Services$478.12M$783.83M$681.02M$573.9M$483.48M$542.3M$430.17M$416.02M
Total$1.64B$2.09B$2.02B$1.78B$1.75B$1.94B$1.93B$1.81B

Geographic Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North Asia$512.15M$763.78M$681.23M$554.49M$507.41M$584.63M$563.61M$481.72M
South Asia$223.24M$369.91M$341.28M$281.5M$277.36M$318.61M$337.13M$324.25M
Europe$262.45M$279.24M$296.27M$271.72M$293.88M$318.39M$299.68M$282.07M
EMEA$128.95M$131.1M$152.64M$108.85M$113.24M$120.77M$122.73M$118.77M
Other North America$65.37M$67.63M$48.72M$73.19M$67.43M$77.75M$76.67M$81.29M
Latin America$24.64M$38.97M$38.34M$36.44M$40.95M$42.34M$38.59M$33.54M
Total$1.64B$2.09B$2.02B$1.78B$1.75B$1.94B$1.93B$1.81B

Frequently Asked Questions

What is Expeditors International of Washington's production and delivery?
Expeditors International of Washington (EXPD) reported production and delivery of $1.81B in Q1 2026.
How has Expeditors International of Washington's production and delivery changed year-over-year?
Expeditors International of Washington's production and delivery increased by 1.9% year-over-year, from $1.78B to $1.81B.
What is the long-term trend for Expeditors International of Washington's production and delivery?
Over 4 years (2021 to 2025), Expeditors International of Washington's production and delivery has grown at a -11.5% compound annual growth rate (CAGR), from $12.06B to $7.4B.
What does production and delivery mean?
The direct costs associated with providing the company's services to customers.