Form 8-K · Current report
Expeditors International 8-K, filed Aug 4, 2026
- Filed
- CIK
- 0000746515
- Accession no.
- 0001193125-26-332198
Summary
Expeditors International of Washington (NYSE: EXPD) reported second quarter 2026 diluted EPS of $2.03, up 51% from a year earlier, with net earnings up 45% to $266 million and revenues up 32% to $3.5 billion. The quarter included a $25 million pretax restructuring charge tied to the company's Global Technology team, which CFO David A. Hackett said is expected to lower annual costs by roughly $50 million, partly offset by a $16 million gain on a property sale.
Key points
- Operating income rose 41% to $350 million, airfreight tonnage increased 14% and ocean container volume was flat versus the prior-year quarter.
- Expeditors returned $461 million to shareholders through dividends and share repurchases in the second quarter and $748 million in the first half of 2026.
- CEO Daniel R. Wall said demand for air capacity from AI hyperscalers shows no sign of slowing and that e-commerce out of North Asia is recovering toward pre-de minimis-restriction levels.
- Expeditors plans to hold an Investor Day for shareholders and analysts in New York City on the morning of November 18, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On August 4, 2026, Expeditors International of Washington, Inc., a Washington corporation, issued a press release announcing second quarter 2026 financial results. A copy of the press release is furnished as Exhibit 99.1 to this report. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.