Expeditors Reports First Quarter 2026 EPS of $1.71

About this update from Expeditors International Of Washington, Inc.

[{"type":"text","content":"BELLEVUE, Wash., May 05, 2026--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced first quarter 2026 financial results including the following comparisons to the same quarter of 2025:","length":222,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 16% to $1.71","length":89,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net Earnings Attributable to Shareholders increased 13% to $230 million","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating Income increased 11% to $295 million","length":46,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Revenues increased 4% to $2.8 billion","length":37,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Airfreight tonnage increased 5% and ocean container volume decreased 4%","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Customs, Transcon, Distribution, and Order Management each achieved double-digit revenue growth","length":95,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash returned to shareholders in the form of share repurchases was $288 million","length":79,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":488,"olType":false},{"type":"text","content":"Daniel R. Wall, President and Chief Executive Officer, commented:","length":65,"tagName":"p"},{"type":"text","content":""During a period marked by significant disruption in the final month of the quarter, we continued to demonstrate our ability to bring solutions to our customers. This quarter also demonstrates the resilience of our non-asset-based model, as we grew revenues and margins in most of our products and geographies. We relied heavily on the hard work of our people, especially those close to the conflict in the Middle East. We were well prepared for disruption and adapted quickly. As soon as hostilities began, we developed strategies and solutions for our customers to keep freight moving out of and around impacted areas. In periods of heightened disruption, our teams demonstrate their capabilities and advance our aspiration to be the world's most trusted and valued logistics provider. I want to thank our people for their dedication and ...

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