Expeditors International income statement
In fiscal 2025, Expeditors International reported revenue of $11.07bn, up 4.4% on the year before, operating income of $1.05bn (a 9.5% margin) and net income of $810m, or $5.95 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.1 | 6.0 | 6.2 | 6.0 | 6.1 | 6.6 | 6.6 | 6.1 | 6.9 | 8.1 | 7.9 | 9.6 | 16.5 | 17.1 | 9.3 | 10.6 | 11.1 | 12.0 |
| Gross profit | 1.4 | 1.7 | 1.9 | 1.8 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling and marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating income | 0.4 | 0.5 | 0.6 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 | 1.9 | 1.8 | 0.9 | 1.0 | 1.1 | 1.2 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — |
| Income before tax | 0.4 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 1.0 | 1.9 | 1.8 | 1.0 | 1.1 | 1.1 | 1.2 |
| Income tax | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 |
| Net income | 0.2 | 0.3 | 0.4 | 0.3 | 0.3 | 0.4 | 0.5 | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 | 1.4 | 1.4 | 0.8 | 0.8 | 0.8 | 0.9 |
| Diluted EPS | $1.11 | $1.59 | $1.79 | $1.57 | $1.68 | $1.92 | $2.40 | $2.36 | $2.69 | $3.48 | $3.39 | $4.07 | $8.27 | $8.26 | $5.01 | $5.72 | $5.95 | $6.86 |
| Diluted shares (average) | 217m | 216m | 215m | 212m | 207m | 197m | 190m | 183m | 182m | 178m | 174m | 171m | 171m | 164m | 150m | 142m | 136m | 134m |
| EBITDA | 0.4 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.8 | 0.7 | 0.7 | 0.9 | 0.8 | 1.0 | 2.0 | 1.9 | 1.0 | 1.1 | 1.1 | 1.2 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,000 | 2,955 | 2,666 | 2,652 | 2,895 | 2,856 | 2,783 | 3,502 |
| Selling and marketing | 8 | 11 | 9 | 10 | 10 | 12 | 10 | 10 |
| Operating income | 302 | 301 | 266 | 248 | 288 | 251 | 295 | 350 |
| Income before tax | 312 | 313 | 276 | 258 | 298 | 262 | 306 | 358 |
| Income tax | 82 | 77 | 72 | 74 | 75 | 61 | 76 | 91 |
| Net income | 230 | 236 | 204 | 184 | 222 | 201 | 230 | 266 |
| Diluted EPS | $1.63 | $1.68 | $1.47 | $1.34 | $1.64 | $1.49 | $1.71 | $2.03 |
| EBITDA | 317 | 316 | 280 | 262 | 302 | 265 | 309 | 362 |
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