Products & Services · Direct Operating Costs

Airfreight Services — Direct Operating Costs

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026

How to read 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.

Detailed definition

This metric captures the direct costs incurred to provide airfreight services, primarily consisting of payments to airli...

Peer comparison

Comparable to direct cost of services or cost of revenue reported by other non-asset-based logistics companies.

Metric ID: expd_segment_airfreight_services_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$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%
Range$516.52M$1.73B
CAGR-7.9%
Avg YoY Growth-6.3%
Median YoY Growth+5.1%

Frequently Asked Questions

What is Expeditors International of Washington's airfreight services — direct operating costs?
Expeditors International of Washington (EXPD) reported airfreight services — direct operating costs of $769.48M in Q1 2026.
How has Expeditors International of Washington's airfreight services — direct operating costs changed year-over-year?
Expeditors International of Washington's airfreight services — direct operating costs increased by 18.7% year-over-year, from $648.49M to $769.48M.
What is the long-term trend for Expeditors International of Washington's airfreight services — direct operating costs?
Over 4 years (2021 to 2025), Expeditors International of Washington's airfreight services — direct operating costs has grown at a -12.4% compound annual growth rate (CAGR), from $5.07B to $2.98B.
What does airfreight services — direct operating costs mean?
The total direct expenses paid to third-party carriers to move air freight for customers.