EMEA — Direct Operating Costs
Expeditors International of Washington EMEA — Direct Operating Costs decreased by 3.2% to $118.77M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $108.85M to $118.77M. Over 4 years (FY 2021 to FY 2025), EMEA — Direct Operating Costs shows a downward trend with a -8.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease relative to revenue suggests improved operational efficiency or better carrier rate negotiation.
Detailed definition
These are the variable costs directly attributable to providing freight forwarding and logistics services within the EME...
Peer comparison
Commonly referred to as Cost of Goods Sold (COGS) or direct service costs in the logistics industry.
expd_segment_emea_direct_operating_costsHistorical Data
| 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 | $148.29M | $174.73M | $231.17M | $218.10M | $220.16M | $209.25M | $144.38M | $95.95M | $83.89M | $81.64M | $84.39M | $93.79M | $128.95M | $131.10M | $152.64M | $108.85M | $113.24M | $120.77M | $122.73M | $118.77M |
| QoQ Change | — | +17.8% | +32.3% | -5.7% | +0.9% | -5.0% | -31.0% | -33.5% | -12.6% | -2.7% | +3.4% | +11.1% | +37.5% | +1.7% | +16.4% | -28.7% | +4.0% | +6.6% | +1.6% | -3.2% |
| YoY Change | — | — | — | — | +48.5% | +19.8% | -37.5% | -56.0% | -61.9% | -61.0% | -41.5% | -2.2% | +53.7% | +60.6% | +80.9% | +16.1% | -12.2% | -7.9% | -19.6% | +9.1% |
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Frequently Asked Questions
- What is Expeditors International of Washington's emea — direct operating costs?
- Expeditors International of Washington (EXPD) reported emea — direct operating costs of $118.77M in Q1 2026.
- How has Expeditors International of Washington's emea — direct operating costs changed year-over-year?
- Expeditors International of Washington's emea — direct operating costs increased by 9.1% year-over-year, from $108.85M to $118.77M.
- What is the long-term trend for Expeditors International of Washington's emea — direct operating costs?
- Over 4 years (2021 to 2025), Expeditors International of Washington's emea — direct operating costs has grown at a -8.9% compound annual growth rate (CAGR), from $675.30M to $465.60M.
- What does emea — direct operating costs mean?
- The direct costs incurred to provide logistics services in the EMEA region.