Expeditors International of Washington, Inc. (EXPD) Earnings Call Transcripts

Expeditors International of Washington, Inc.'s Latest Earnings Call - October 20, 2026

In the third quarter of fiscal year 2026, Expeditors International of Washington, Inc. reported a revenue of $3.2 billion, reflecting a 5% increase year-over-year. The company achieved earnings per share (EPS) of $1.25, which is consistent with prior guidance. Management maintained its outlook for the remainder of the fiscal year, emphasizing the ongoing impact of trade policies and tariffs on operations. Notably, the company highlighted the effects of recent tariff changes and import bans, particularly related to Canada, which could influence future revenue streams.

Reported metrics

Guidance from management

Management maintained its revenue and EPS guidance for the remainder of the fiscal year, indicating stability despite ongoing trade policy challenges. They did not raise or lower guidance, reflecting confidence in current operations.

What management said

I am. Thank you, Samantha, so much. Samantha is going to die that I'm going to say this. But I feel like we're all in this webinar family together. And I got to meet Samantha for the first time. And she said, you're going to see how short I am. And I was like, you can't honestly be that short because she gives off -- you guys can chime in on this. She gives off such tall people vibe. And she is 5 feet tall, everybody...

No, just look forward to survey that will be coming out in about an hour, and we will get information out to you guys the materials as soon as possible. Thank you, guys, for joining.

What analysts pressed on

Analysts expressed concerns regarding the potential long-term impact of the import bans and tariffs on revenue streams. There was also apprehension about the effectiveness of the CAPE Phase 3 process and how it might affect smaller importers who are less familiar with the legal processes involved.

Main topics on the call

• Impact of Tariffs on Revenue — Management noted that the Section 338 import ban introduced tariffs that significantly affected certain industries, particularly agriculture and alcohol. They stated, "the import ban did start on September 29," indicatin...
• CAPE Phase 3 Implementation — The launch of CAPE Phase 3 was highlighted as a significant development, with over 1 million entries uploaded and $500 million in claimed refunds accepted as of October 7. Management emphasized the importance of filing l...
• Class Action Lawsuit for IEEPA Refunds — A class action lawsuit was certified for importers seeking refunds on IEEPA duties, which could potentially benefit many companies. Management explained, "this class now covers all importers that filed between February 1...
• Future Trade Policy Uncertainty — Management discussed the ongoing uncertainty surrounding future trade policies, particularly regarding the U.S.-China trade relationship and potential new tariffs. They noted, "the original tariff back from 2018 for Sect...

Read the full Expeditors International of Washington, Inc. transcript (October 20, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 169 Expeditors International of Washington, Inc. earnings call transcripts on record, spanning September 21, 2020 to October 20, 2026. Based on this history, Expeditors International of Washington, Inc. reports quarterly. The most recent call on file is dated October 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EXPD

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Air Freight and Logistics

Calls on record

169

First call

September 21, 2020

Most recent

October 20, 2026

Reporting cadence

quarterly