Expeditors Reports Third Quarter 2026 EPS of $2.65

Daniel R. Wall, President and Chief Executive Officer of Expeditors International of Washington, Inc.

“We continue to gain share, particularly in markets that we have made a strategic focus.”

Daniel R. Wall, President and Chief Executive Officer of Expeditors International of Washington, Inc.

“By continuing to streamline our processes and prioritize companywide growth across every region, product, and district, we once again generated double-digit growth across most of our businesses.”

Daniel R. Wall, President and Chief Executive Officer of Expeditors International of Washington, Inc.

“While we have thrived during periods of significant disruption throughout our history, the strength of demand for our products and services is what really drove Q3 performance.”

Daniel R. Wall, President and Chief Executive Officer of Expeditors International of Washington, Inc.

“Demand from certain customers, such as the hyperscalers, has been outpacing the market overall, but we have been very deliberate to expand our customer base across our global network and further diversify our revenues.”

Daniel R. Wall, President and Chief Executive Officer of Expeditors International of Washington, Inc.

“I sincerely thank our global operations, transition & implementation, sales, and account management teams for their continued focus and dedication to our customers.”

Daniel R. Wall, President and Chief Executive Officer of Expeditors International of Washington, Inc.

“Through those efforts, we are now charting a course for durable performance no matter what the operating environment.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“We had another exceptional quarter and our pipeline of new business remains strong, showing the durability of our earnings growth.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“Our revenue grew 42%, while headcount increased only 1% from prior year, demonstrating the scalability of our operating model and driving significant operating leverage.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“Our operating efficiency increased to 36.7%, well above our historical target of 30%.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“The growth in operating income of 55% combined with a lower tax rate and a lower share count drove the 62% increase in diluted EPS.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“We have made and are continuing to make investments in temperature-controlled facilities, critical logistics services, and productivity initiatives, including investments in artificial intelligence and other technology solutions.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“These high-return investments, coupled with our strong operational performance, are driving revenue growth and improvements in productivity as we seek to decouple headcount growth from revenue growth over the long term.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“We will continue making high-return investments, including additional investments in artificial intelligence and other technology solutions to further increase our net operating margins over the long term.”

David A. Hackett, Senior Vice President and Chief Financial Officer of Expeditors International of Washington, Inc.

“The Company returned $197 million to shareholders through share repurchases during the quarter and $946 million in dividends and share repurchases for the first nine months of 2026.”