EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (EXPD) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
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 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
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- 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.

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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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