EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (EXPD) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (EXPD) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETAirfreight services revenueCustoms brokerage and other services revenueOcean freight and ocean services revenueRevenue from Contract with Customer, Excluding Assessed TaxGross profit (calculated)Cost of revenue (calculated)Airfreight services cost of revenueOcean freight and ocean services cost of revenueCustoms brokerage and other services cost of revenueOperating incomeOperating expenses (calculated)Salaries and related costsRent and occupancyDepreciation and amortizationSelling and promotionOtherOther income, netEarnings before income taxesNet earningsIncome tax expenseOther income, netOther income, net$8.84 MEarnings before income taxesEarnings beforeincome taxes$358.46 MRevenue from Contract with Customer, Excluding Assessed TaxRevenue from Contractwith Customer$3.50 BGross profit (calculated)Gross profit(calculated)$1.09 BOperating incomeOperating income$349.62 MNet earningsNet earnings$267.26 MAirfreight services revenueAirfreight services$1.49 BOperating expenses (calculated)Operating expenses(calculated)$735.88 MIncome tax expenseIncome tax expense$91.20 MCost of revenue (calculated)Cost of revenue(calculated)$2.42 BSalaries and related costsSalaries and related costs$573.70 MCustoms brokerage and other services revenueCustoms brokerageand other services$1.30 BRent and occupancyRent and occupancy$68.43 MDepreciation and amortizationDepreciation and amortization$12.70 MAirfreight services cost of revenueAirfreight services$1.13 BOcean freight and ocean services revenueOcean freight and ocean services$710.92 MSelling and promotionSelling and promotion$9.89 MOcean freight and ocean services cost of revenueOcean freight andocean services$531.89 MOtherOther$71.16 MCustoms brokerage and other services cost of revenueCustoms brokerageand other services$750.18 M
Chart details

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (EXPD) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.

Revenue from Contract with Customer, Excluding Assessed Tax
3,502,335,000 US dollars
Cost of revenue (calculated)
2,416,840,000 US dollars
Gross profit (calculated)
1,085,495,000 US dollars
Operating expenses (calculated)
735,877,000 US dollars
Operating income
349,618,000 US dollars
Other income, net
8,843,000 US dollars
Earnings before income taxes
358,461,000 US dollars
Income tax expense
91,203,000 US dollars
Net earnings
267,258,000 US dollars
Airfreight services revenue
1,494,842,000 US dollars
Ocean freight and ocean services revenue
710,922,000 US dollars
Customs brokerage and other services revenue
1,296,571,000 US dollars
Airfreight services cost of revenue
1,134,773,000 US dollars
Ocean freight and ocean services cost of revenue
531,886,000 US dollars
Customs brokerage and other services cost of revenue
750,181,000 US dollars
Salaries and related costs
573,698,000 US dollars
Rent and occupancy
68,428,000 US dollars
Depreciation and amortization
12,695,000 US dollars
Selling and promotion
9,894,000 US dollars
Other
71,162,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.: $266.23 M; to noncontrolling interests: $1.03 M.
EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (EXPD) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

31.0%

Gross profit / revenue

Operating margin

10.0%

Operating profit / revenue

Cash conversion

66.8%

Operating cash / net income, same period

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