Expeditors International Of Washington Inc

Company facts

Industry

Arrangement of Transportation of Freight & Cargo

Headquarters

Bellevue, Washington

Most recent report

8-K, filed Aug 11, 2026

Incorporated

Washington

Filings on record

1,001+ filings

On EDGAR

CIK 746515

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 13 sections worth reading, with 7 positive, 4 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Full financials with 32% revenue growth, 45% earnings jump, restructuring, and buyback details.
  Positive

  • Supreme Court of India dismissed a significant portion of Indian tax authority claims, reducing a major tax risk.
  Notable

  • Q2 2026 restructuring charge of $25M for Global Technology group workforce reduction, total expected ~$27M.

• Management's Discussion (Item 2)

  Revenue up 32%, $25M restructuring, Iran conflict disrupts MAIR ops, tariff ruling.
  Positive

  • Revenue up 32% in Q2 2026, driven by strong volumes across most services.
  • Airfreight revenues up 57% and customs brokerage up 27% in Q2 2026.
  • Operating income up 41% and net earnings to shareholders up 45% in Q2 2026 vs Q2 2025.
  • EPS up 51% to $2.03 in Q2 2026.
  • Returned $461M to shareholders via buybacks and dividends in Q2 2026.
  Notable

  • Ocean revenue grew 5% after three declines, but margins compressed as buy rates outpaced sell rates.
  • New broad U.S. tariffs imposed across many countries in July 2026 add trade uncertainty.
  Negative

  • Operating cash flow was flat at $179M in Q2 2026, but down $34M for the six-month period.
  • Iran conflict has disrupted offices in 7 Middle East countries since late Feb 2026, with Strait of Hormuz closure.
  • Ocean freight margins squeezed: buy rates rose faster than sell rates in Q2 2026.

• Unregistered Sales and Repurchases (Item 2)

  Specific buyback activity and new $3.0B authorization; company-specific facts.
  Positive

  • New $3.0B share repurchase program authorized, effective July 1, 2026.
  Notable

  • Prior program nearly exhausted, only 21 thousand shares remained at June 30, 2026.

What changed: Jun 2026 vs. Mar 2026

About 18% of EXPD's Jun 2026 10-Q is new information. 38 paragraphs were added, 58 changed, and 22 removed. Below are the most important lines SECSift identified.

• Item 2 44
• Item 1 24
• Item 5 8
• Item 3 4
• Item 4 2
• Item 6 2