Expeditors International

EXPD · Industrials · Market cap $21.8B

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 6, 2026

Revenue$2.78B +4% year over year

Gross profit$0.31B

Operating profit$0.30B

Net profit$0.23B 8% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.78	100%	+4%
Customs Brokerage	1.15	41%	+17%
Airfreight Services	1.03	37%	+14%
Ocean Freight and Ocean	0.60	22%	−23%
Cost of revenue	−2.48	89%
Gross profit	0.31	11% margin	+1pp
Sales & marketing	−0.01	0%	+0pp
Operating profit	0.30	11% margin	+1pp
Tax	−0.07
Net profit	0.23	8%	+1pp

Quarter by quarter

So far we hold one set of results. Another one arrives with the next filing.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	May 6, 2026	$2.8B	+4%	11%	$0.23B	8%