Expeditors International reported second-quarter revenue of $3.50 billion, up 32.1% year on year and beating analyst estimates of $2.95 billion by 18.6%. The logistics and freight forwarding company also posted GAAP earnings of $2.03 per share, exceeding consensus estimates of $1.69 by 19.9%. Operating margin held steady at 10% compared to the same quarter last year. However, free cash flow margin declined to 4.8% from 6.2% in the year-ago period. The company's board declared a semi-annual dividend of $0.81 per share, payable on 15 June to shareholders of record as of 1 June. Expeditors has returned nearly $2 billion to shareholders through dividends and share repurchases since 2024. Analysts project revenue growth of 1.1% over the next 12 months.

Expeditors International of Washington shares have climbed 13.3% over the past month, reaching a new 52-week high of $183.52. The stock has gained 22.7% year-to-date, outpacing its sector and industry. The company has beaten earnings estimates in each of the last four quarters. In its most recent report on 5 May 2026, Expeditors posted earnings per share of $1.71 versus a consensus estimate of $1.33, whilst beating revenue estimates by 8.02%. For the current fiscal year, the company is expected to post earnings of $6.71 per share on revenues of $11.67 billion. Next year's forecasts call for $6.85 per share on $12.09 billion in revenues. Expeditors currently holds a Zacks Rank of number 2 (Buy), with favourable earnings estimate revisions from covering analysts.

Expeditors International, a Washington-based freight forwarder, is cutting 230 employees by the end of the year, marking a departure from its longstanding no-layoff policy. The reductions affect the company's US global technology department across five offices in Washington state. According to a WARN notice filed Monday, the Seattle office will lose 68 employees, Federal Way 66, and Lynnwood 59. Separations began 8 August and will be finalised by 31 December. The cuts represent 15.4% of Expeditors' information systems branch, which employed 1,498 workers as of 31 March, and 1.1% of the company's total 20,361 staff. Affected positions include software developers, quality assurance engineers, project managers and business analysts. The company recently updated its corporate history page to describe its "short-term no layoff policy" rather than simply "no layoff policy".