Expeditors International of Washington Airfreight Services — Direct Operating Costs decreased by 11.2% to $769.48M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.7%, from $648.49M to $769.48M. Over 4 years (FY 2021 to FY 2025), Airfreight Services — Direct Operating Costs shows a downward trend with a -12.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may signal rising carrier rates or operational inefficiencies, while a decrease relative to revenue suggests better cost management or favorable carrier pricing.
This metric captures the direct costs incurred to provide airfreight services, primarily consisting of payments to airli...
Comparable to direct cost of services or cost of revenue reported by other non-asset-based logistics companies.
expd_segment_airfreight_services_direct_operating_costs| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.14B | $1.24B | $1.73B | $1.14B | $1.21B | $1.10B | $899.87M | $666.02M | $525.03M | $516.52M | $639.73M | $537.59M | $645.17M | $740.36M | $808.44M | $648.49M | $698.40M | $766.78M | $866.31M | $769.48M |
| QoQ Change | — | +9.5% | +39.2% | -34.0% | +6.1% | -8.9% | -18.6% | -26.0% | -21.2% | -1.6% | +23.9% | -16.0% | +20.0% | +14.8% | +9.2% | -19.8% | +7.7% | +9.8% | +13.0% | -11.2% |
| YoY Change | — | — | — | — | +6.7% | -11.2% | -48.0% | -41.7% | -56.7% | -53.2% | -28.9% | -19.3% | +22.9% | +43.3% | +26.4% | +20.6% | +8.3% | +3.6% | +7.2% | +18.7% |