The Filings Report

Expeditors International of Washington, Inc.

EXPDNYSECIK 746515Industrials / Trucking, Shipping & Logisticsfiscal year ends December73 quarters since 2008

Revenue, Q2 FY2026
$3.5B
+32.1% on Q2 FY2025
Net income
$266M
+45.0% on Q2 FY2025
Free cash flow
$167M
+2.0% on Q2 FY2025
Diluted EPS
$2.03
+51.5% on Q2 FY2025
Revenue, TTM
$12.0B
trailing four quarters
Net margin, TTM
7.6%
net income $919M
Free cash flow, TTM
$924M
$973M less $49M capex
Cash and equivalents
$1.0B
long-term debt —, Jun 30, 2026
Shares, 12-month change
−4.2%
130M shares, Jun 30, 2026
Buybacks, TTM
$901M
3.5% of market value
Dividends, TTM
—
no yield
Market value
$25.8B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 5, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Expeditors International of Washington, Inc. reported revenue of $3.5B, +32.1% on Q2 FY2025, and net income of $266M (+45.0%). Operating margin was 10.0%. Free cash flow, operating cash flow less capital expenditures, was $167M ($179M less $12M). Diluted earnings per share were $2.03.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 5, 2026.

Revenue and net incomeRevenueNet income
$0$2B$4B$6BQ3'22, Revenue: $4.4BQ3'22, Net income: $414MQ3'22Q4'22, Revenue: $3.4BQ4'22, Net income: $219MQ4'22Q1'23, Revenue: $2.6BQ1'23, Net income: $226MQ1'23Q2'23, Revenue: $2.2BQ2'23, Net income: $197MQ2'23Q3'23, Revenue: $2.2BQ3'23, Net income: $171MQ3'23Q4'23, Revenue: $2.3BQ4'23, Net income: $159MQ4'23Q1'24, Revenue: $2.2BQ1'24, Net income: $169MQ1'24Q2'24, Revenue: $2.4BQ2'24, Net income: $175MQ2'24Q3'24, Revenue: $3.0BQ3'24, Net income: $230MQ3'24Q4'24, Revenue: $3.0BQ4'24, Net income: $236MQ4'24Q1'25, Revenue: $2.7BQ1'25, Net income: $204MQ1'25Q2'25, Revenue: $2.7BQ2'25, Net income: $184MQ2'25Q3'25, Revenue: $2.9BQ3'25, Net income: $222MQ3'25Q4'25, Revenue: $2.9BQ4'25, Net income: $201MQ4'25Q1'26, Revenue: $2.8BQ1'26, Net income: $230MQ1'26Q2'26, Revenue: $3.5BQ2'26, Net income: $266MQ2'26$0$2B$4B$6BQ3'22, Revenue: $4.4BQ3'22, Net income: $414MQ4'22, Revenue: $3.4BQ4'22, Net income: $219MQ4'22Q1'23, Revenue: $2.6BQ1'23, Net income: $226MQ2'23, Revenue: $2.2BQ2'23, Net income: $197MQ2'23Q3'23, Revenue: $2.2BQ3'23, Net income: $171MQ4'23, Revenue: $2.3BQ4'23, Net income: $159MQ4'23Q1'24, Revenue: $2.2BQ1'24, Net income: $169MQ2'24, Revenue: $2.4BQ2'24, Net income: $175MQ2'24Q3'24, Revenue: $3.0BQ3'24, Net income: $230MQ4'24, Revenue: $3.0BQ4'24, Net income: $236MQ4'24Q1'25, Revenue: $2.7BQ1'25, Net income: $204MQ2'25, Revenue: $2.7BQ2'25, Net income: $184MQ2'25Q3'25, Revenue: $2.9BQ3'25, Net income: $222MQ4'25, Revenue: $2.9BQ4'25, Net income: $201MQ4'25Q1'26, Revenue: $2.8BQ1'26, Net income: $230MQ2'26, Revenue: $3.5BQ2'26, Net income: $266MQ2'26

Net income losses drawn in red.

Free cash flow
$0$200M$400M$600M$800MQ3'22, Free cash flow: $654MQ3'22Q4'22, Free cash flow: $468MQ4'22Q1'23, Free cash flow: $536MQ1'23Q2'23, Free cash flow: $148MQ2'23Q3'23, Free cash flow: $182MQ3'23Q4'23, Free cash flow: $148MQ4'23Q1'24, Free cash flow: $247MQ1'24Q2'24, Free cash flow: $119MQ2'24Q3'24, Free cash flow: $78MQ3'24Q4'24, Free cash flow: $240MQ4'24Q1'25, Free cash flow: $329MQ1'25Q2'25, Free cash flow: $163MQ2'25Q3'25, Free cash flow: $190MQ3'25Q4'25, Free cash flow: $270MQ4'25Q1'26, Free cash flow: $297MQ1'26Q2'26, Free cash flow: $167MQ2'26$0$200M$400M$600M$800MQ3'22, Free cash flow: $654MQ4'22, Free cash flow: $468MQ4'22Q1'23, Free cash flow: $536MQ2'23, Free cash flow: $148MQ2'23Q3'23, Free cash flow: $182MQ4'23, Free cash flow: $148MQ4'23Q1'24, Free cash flow: $247MQ2'24, Free cash flow: $119MQ2'24Q3'24, Free cash flow: $78MQ4'24, Free cash flow: $240MQ4'24Q1'25, Free cash flow: $329MQ2'25, Free cash flow: $163MQ2'25Q3'25, Free cash flow: $190MQ4'25, Free cash flow: $270MQ4'25Q1'26, Free cash flow: $297MQ2'26, Free cash flow: $167MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3BQ3'22, Cash and equivalents: $2.2BQ3'22Q4'22, Cash and equivalents: $2.0BQ4'22Q1'23, Cash and equivalents: $2.4BQ1'23Q2'23, Cash and equivalents: $1.7BQ2'23Q3'23, Cash and equivalents: $1.6BQ3'23Q4'23, Cash and equivalents: $1.5BQ4'23Q1'24, Cash and equivalents: $1.4BQ1'24Q2'24, Cash and equivalents: $1.3BQ2'24Q3'24, Cash and equivalents: $1.3BQ3'24Q4'24, Cash and equivalents: $1.1BQ4'24Q1'25, Cash and equivalents: $1.3BQ1'25Q2'25, Cash and equivalents: $1.2BQ2'25Q3'25, Cash and equivalents: $1.2BQ3'25Q4'25, Cash and equivalents: $1.3BQ4'25Q1'26, Cash and equivalents: $1.3BQ1'26Q2'26, Cash and equivalents: $1.0BQ2'26$0$1B$2B$3BQ3'22, Cash and equivalents: $2.2BQ4'22, Cash and equivalents: $2.0BQ4'22Q1'23, Cash and equivalents: $2.4BQ2'23, Cash and equivalents: $1.7BQ2'23Q3'23, Cash and equivalents: $1.6BQ4'23, Cash and equivalents: $1.5BQ4'23Q1'24, Cash and equivalents: $1.4BQ2'24, Cash and equivalents: $1.3BQ2'24Q3'24, Cash and equivalents: $1.3BQ4'24, Cash and equivalents: $1.1BQ4'24Q1'25, Cash and equivalents: $1.3BQ2'25, Cash and equivalents: $1.2BQ2'25Q3'25, Cash and equivalents: $1.2BQ4'25, Cash and equivalents: $1.3BQ4'25Q1'26, Cash and equivalents: $1.3BQ2'26, Cash and equivalents: $1.0BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 5, 2026.

Expeditors International of Washington, Inc. income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 5, 2026Q1 FY2026ended Mar 31, 2026filed May 6, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue3,5022,7832,8562,8952,6522,6662,9553,000+32.1%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income350295251288248266301302+41.1%
Other income (expense)912111010101211−13.6%
Pretax income358306262298258276313312+39.0%
Income tax9176617574727782+23.2%
Net income266230201222184204236230+45.0%
Diluted EPS ($)2.031.71—1.641.341.47—1.63+51.5%
Diluted shares (millions)131134—135137138—141—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 5, 2026.

Expeditors International of Washington, Inc. balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 5, 2026Q1 FY2026ended Mar 31, 2026filed May 6, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents1,0311,3161,3141,1901,1561,3191,1481,293−10.8%
Short-term investments—————————
Total current assets4,0073,6523,7563,6753,6523,6413,6604,083+9.7%
Total assets5,1354,7824,8944,7804,7864,7574,7545,171+7.3%
Total current liabilities2,5592,0412,0732,0482,1161,9902,0662,376+20.9%
Long-term debt—————————
Total liabilities—————————
Stockholders’ equity2,1192,2842,3562,2802,1952,2862,2232,357−3.5%
Shares outstanding (millions)130131134134136137138140—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 5, 2026.

Expeditors International of Washington, Inc. cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 5, 2026Q1 FY2026ended Mar 31, 2026filed May 6, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow17930928320117934325090−0.3%
Capital expenditures1213131116131012−24.5%
Free cash flow (CFO − capex)16729727019016332924078+2.0%
Depreciation and amortization1314141414151516−8.3%
Share repurchases35528847212231177252140+53.6%
Dividends paid106—1030104—1010+1.6%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 25, 2026.

Income statement

Expeditors International of Washington, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Mar 1, 2023FY2021ended Dec 31, 2021filed Mar 15, 2022FY2020ended Dec 31, 2020filed Feb 19, 2021FY2019ended Dec 31, 2019filed Feb 21, 2020FY2018ended Dec 31, 2018filed Feb 22, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 7, 2009FY2007ended Dec 31, 2007filed Aug 7, 2009
Revenue11,06910,6019,30017,07116,5249,5847,9428,1386,9216,0986,6176,5656,0805,9926,1625,9684,0925,6345,235
Cost of revenue———————————————————
Gross profit—————————————1,8241,8961,6931,3831,603—
Research and development———————————————————
Selling, general and administrative———————————————————
Operating income1,0531,0419401,8241,909940767797700670721595552531618547385473423
Other income (expense)42537512151629221817151621202017182626
Pretax income1,0941,0951,0151,8361,925957796818719687737611573550638564403500450
Income tax282283263475506258204199228254277231223217252220162197180
Net income8108107531,3571,415696590618489431457377349333386344240301269
Diluted EPS ($)5.955.725.018.268.274.073.393.482.692.362.401.921.681.571.791.591.111.371.21
Diluted shares (millions)136142150164171171174178182183190197207212215216217219222

Balance sheet

Expeditors International of Washington, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Mar 1, 2023FY2021ended Dec 31, 2021filed Mar 15, 2022FY2020ended Dec 31, 2020filed Feb 19, 2021FY2019ended Dec 31, 2019filed Feb 21, 2020FY2018ended Dec 31, 2018filed Feb 22, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 7, 2009FY2007ended Dec 31, 2007filed Aug 7, 2009
Cash and equivalents1,3141,1481,5132,0341,7291,5281,2309241,0519748089271,2481,2611,2941,084926741575
Short-term investments——————————0402600111—
Total current assets3,7563,6603,4354,5186,6353,9642,7702,7352,5412,2191,9772,2892,4152,3582,2872,1401,7881,573—
Total assets4,8944,7544,5245,5907,6104,9283,6923,3153,1172,7912,5662,8713,0152,9542,8672,6792,3242,101—
Total current liabilities2,0732,0661,7042,0543,7261,8931,1681,3271,093930861984870843796862708670—
Long-term debt———————————————————
Total liabilities———————————————————
Stockholders’ equity2,3562,2232,3903,1103,4942,6602,1951,9871,9921,8451,6921,8682,0852,0282,0041,7411,5531,366—
Shares outstanding (millions)134138144154167169170172177180182192203206212212212——

Cash flow statement

Expeditors International of Washington, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Mar 1, 2023FY2021ended Dec 31, 2021filed Mar 15, 2022FY2020ended Dec 31, 2020filed Feb 19, 2021FY2019ended Dec 31, 2019filed Feb 21, 2020FY2018ended Dec 31, 2018filed Feb 22, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 7, 2009FY2007ended Dec 31, 2007filed Aug 7, 2009
Operating cash flow1,0077231,0532,130868655772573489529567395408370457396331409313
Capital expenditures53403987364847479559443753487842356083
Free cash flow (CFO − capex)9536831,0142,043832607725525394470522357354323379353296349230
Depreciation and amortization57616857515751544947464948403737404039
Share repurchases6678551,3931,58251533238964847833863055126230211224685154208
Dividends paid20720420221419617517115715014513612512311710685816860

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$3M
4 sales by 4 insiders; officers and directors $3M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 6, 2026Gulyas Diane H.Directorgiftindirect1,400$178.56$250K23,141Aug 7, 2026
May 7, 2026Wall Daniel RPresident and CEOoption exercise1,697$0.00—69,295May 11, 2026
May 7, 2026Wall Daniel RPresident and CEOoption exercise41$0.00—69,336May 11, 2026
May 7, 2026Wall Daniel RPresident and CEOtax withholding644$151.24$97K68,692May 11, 2026
May 7, 2026Schoonover Gabe OSVP - Global Ent Svc & CSOoption exercise145$0.00—360May 11, 2026
May 7, 2026Schoonover Gabe OSVP - Global Ent Svc & CSOoption exercise4$0.00—364May 11, 2026
May 7, 2026Schoonover Gabe OSVP - Global Ent Svc & CSOtax withholding37$151.24$6K327May 11, 2026
May 7, 2026Martinez Roberto APresident, Global Productsoption exercise902$0.00—4,409May 11, 2026
May 7, 2026Martinez Roberto APresident, Global Productsoption exercise22$0.00—4,431May 11, 2026
May 7, 2026Martinez Roberto APresident, Global Productstax withholding369$151.24$56K4,062May 11, 2026
May 7, 2026Hackett David ASenior VP - CFOoption exercise142$0.00—581May 11, 2026
May 7, 2026Hackett David ASenior VP - CFOoption exercise4$0.00—585May 11, 2026
May 7, 2026Hackett David ASenior VP - CFOtax withholding37$151.24$6K548May 11, 2026
May 7, 2026Dickerman Jeffrey FSenior VP/Gen Counsel/Corp Secoption exercise754$0.00—10,653May 11, 2026
May 7, 2026Dickerman Jeffrey FSenior VP/Gen Counsel/Corp Secoption exercise18$0.00—10,671May 11, 2026
May 7, 2026Dickerman Jeffrey FSenior VP/Gen Counsel/Corp Sectax withholding304$151.24$46K10,367May 11, 2026
May 7, 2026Blacker Kelly KPresident, Global Geographiesoption exercise2,863$0.00—19,224May 11, 2026
May 7, 2026Blacker Kelly KPresident, Global Geographiesoption exercise69$0.00—19,293May 11, 2026
May 7, 2026Blacker Kelly KPresident, Global Geographiestax withholding1,085$151.24$164K18,208May 11, 2026
May 7, 2026Bell Blake RPresident Global Business Devoption exercise2,863$0.00—64,009May 11, 2026
May 7, 2026Bell Blake RPresident Global Business Devoption exercise69$0.00—64,078May 11, 2026
May 7, 2026Bell Blake RPresident Global Business Devtax withholding1,085$151.24$164K62,993May 11, 2026
May 6, 2026Wall Daniel RPresident and CEOoption exercise9,324$0.00—70,979May 8, 2026
May 6, 2026Wall Daniel RPresident and CEOoption exercise110$0.00—71,089May 8, 2026
May 6, 2026Wall Daniel RPresident and CEOtax withholding3,491$153.08$534K67,598May 8, 2026

Full insider history for Expeditors International of Washington, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
EXPEDITORS INTERNATIONAL OF WASHINGTON, INC., CIK 746515 on EDGAR
Extract generated
November 1, 2026
Withheld
2 line-years whose four quarters do not sum to the filed year: revenue FY2019, revenue FY2020
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, Revenues
Cost of revenue: not filed
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: not filed
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: ShortTermInvestments
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: not filed
Total liabilities: not filed
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/EXPD.json