Expeditors International of Washington, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting second-quarter and first-half financial results including revenues, earnings, and balance sheet data.

Key Highlights

  • Total revenues of $3.50 billion for the three months ended June 30, 2026, compared to $2.65 billion in the same period of 2025, according to the filing.
  • Net earnings attributable to shareholders of $266.2 million for Q2 2026, up from $183.6 million in Q2 2025, as reported.
  • Diluted earnings per share of $2.03 for the three months ended June 30, 2026, versus $1.34 in the prior-year quarter.
  • Cash and cash equivalents of $1.03 billion at June 30, 2026, down from $1.31 billion at December 31, 2025.
  • Common stock repurchases of $642.5 million in the six months ended June 30, 2026, compared to $408.5 million in the same period of 2025.
  • Shares outstanding of 130,021 thousand at June 30, 2026, down from 133,884 thousand at December 31, 2025.

Expeditors International Q2 2026: Revenue Growth Across Segments

According to the filing, Expeditors International of Washington, Inc. (New York Stock Exchange: EXPD) reported total revenues of $3,502,335 thousand for the three months ended June 30, 2026, an increase from $2,651,885 thousand in the comparable prior-year period. For the six months ended June 30, 2026, total revenues were $6,285,297 thousand, compared to $5,318,304 thousand in the first half of 2025. The company disclosed that airfreight services revenue rose to $1,494,842 thousand in Q2 2026 from $951,787 thousand in Q2 2025, while customs brokerage and other services revenue increased to $1,296,571 thousand from $1,024,316 thousand over the same comparison.

The filing reported operating income of $349,618 thousand for Q2 2026, compared to $247,736 thousand in Q2 2025. For the six-month period, operating income was $644,446 thousand versus $513,594 thousand. Net earnings attributable to shareholders were $495,836 thousand for the first half of 2026, up from $387,369 thousand in the first half of 2025. Basic earnings per share attributable to shareholders were $3.75 for the six months ended June 30, 2026, compared to $2.83 in the same period a year earlier.

On the balance sheet, the filing showed total assets of $5,134,910 thousand at June 30, 2026, versus $4,893,638 thousand at December 31, 2025. Accounts receivable increased to $2,631,118 thousand from $2,021,889 thousand over the same period. Total shareholders' equity declined to $2,118,702 thousand from $2,355,633 thousand at year-end 2025, which the filing attributes in part to common stock repurchases of $642,531 thousand and dividends paid of $105,770 thousand during the first half of 2026. Net cash from operating activities was $487,874 thousand for the six months ended June 30, 2026. At July 31, 2026, the company disclosed that shares outstanding totaled 129,990,622.

What Was Disclosed

Expeditors International filed its quarterly report covering the period ended June 30, 2026, disclosing condensed consolidated balance sheets, statements of earnings, comprehensive income, cash flows, and equity for the three- and six-month periods ended June 30, 2026 and 2025.