Expeditors International of Washington, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 4, 2026, reporting third-quarter net earnings attributable to shareholders of $344,512 thousand and diluted earnings per share of $2.65.

Key Highlights

  • Total revenues of $4,107,649 thousand for the three months ended September 30, 2026, compared to $2,894,751 thousand for the same period in 2025, according to the filing.
  • Diluted EPS of $2.65 for Q3 2026, up from $1.64 in Q3 2025, as reported in the condensed consolidated statements of earnings.
  • Operating income of $445,414 thousand for the third quarter of 2026, compared to $288,042 thousand in the third quarter of 2025.
  • Nine-month net earnings attributable to shareholders of $840,348 thousand, or $6.38 diluted earnings per share, versus $609,625 thousand and $4.46 per diluted share for the first nine months of 2025.
  • Common shares outstanding of 129,551 thousand at September 30, 2026, down from 133,884 thousand at December 31, 2025, reflecting $839,874 thousand in common stock repurchases during the nine months ended September 30, 2026.
  • Cash and cash equivalents of $1,092,464 thousand at September 30, 2026, compared to $1,314,285 thousand at December 31, 2025.
  • Total assets of $5,786,044 thousand at September 30, 2026, versus $4,893,638 thousand at December 31, 2025.

Expeditors International Q3 2026 Financial Results: Revenue and Earnings Detail

According to the filing, Expeditors International of Washington, Inc. (NYSE:EXPD) reported total revenues of $4,107,649 thousand for the three months ended September 30, 2026, compared to $2,894,751 thousand in the prior-year quarter. The filing attributes this growth across all three service segments: airfreight services revenues reached $1,544,691 thousand (versus $1,020,258 thousand in Q3 2025), ocean freight and ocean services revenues were $1,102,833 thousand (versus $746,120 thousand), and customs brokerage and other services revenues totaled $1,460,125 thousand (versus $1,128,373 thousand).

Total operating expenses for the third quarter of 2026 were reported at $3,662,235 thousand, up from $2,606,709 thousand in Q3 2025. Salaries and related expense for the quarter was $588,267 thousand, compared to $490,437 thousand a year earlier. The company disclosed operating income of $445,414 thousand for Q3 2026 versus $288,042 thousand in Q3 2025. Net earnings attributable to shareholders were $344,512 thousand, with basic earnings per share of $2.65 and diluted earnings per share of $2.65 on weighted average diluted shares outstanding of 130,117 thousand.

For the nine months ended September 30, 2026, the filing reported total revenues of $10,392,946 thousand, operating income of $1,089,860 thousand, and net earnings attributable to shareholders of $840,348 thousand. Net cash from operating activities for the nine-month period was $700,437 thousand. The company disclosed dividends paid of $105,770 thousand and repurchases of common stock totaling $839,874 thousand during the nine months ended September 30, 2026. Total shareholders' equity stood at $2,341,429 thousand at September 30, 2026, compared to $2,355,633 thousand at December 31, 2025.

What Was Disclosed

Expeditors International filed a quarterly report covering the three and nine months ended September 30, 2026, disclosing condensed consolidated balance sheets, statements of earnings, comprehensive income, and cash flows, along with share count, repurchase, and dividend activity for the period.