UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41871 EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (Exact name of registrant as specified in its charter) | Washington | 91-1069248 | | --- | - ...

Key Takeaways EXPD Q4 EPS of $1.49 and revenues of $2.86 B beat estimates despite lower ocean volumes.Airfreight tonnage rose 6%, lifting segment revenues 4.3%, while ocean revenues fell 32.7%.EXPD approved a new $3B buyback after returning $875M to shareholders in 2025. Expeditors International of Washington’s (EXPD) fourth-quarter 2025 earnings of $1.49 per share beat the Zacks Consensus Estimate of $1.46. The bottom line decreased 11.3% year over year. Total revenues of $2.86  billion beat the Zacks Cons ...

Expeditors International (EXPD) reported $2.86 billion in revenue for the quarter ended December 2025, representing a year-over-year decline of 3.3%. EPS of $1.49 for the same period compares to $1.68 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.8 billion, representing a surprise of +2.12%. The company delivered an EPS surprise of +2.06%, with the consensus EPS estimate being $1.46.While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...

Exhibit 99.1 EARNINGS RELEASE By: Expeditors International of Washington, Inc. 3545 Factoria Blvd. SE Sterling Plaza 2, 3rd Floor Bellevue, Washington 98006 Daniel R. Wall David A. Hackett Geoffrey Buscher President and Chief Executive Officer Senior Vice President and Chief Financial Officer Director - Investor Relations (206) 674-3455 (206) 288-8794 (206) 892-4510 FOR IMMEDIATE RELEASE EXPEDITORS REPORTS FOURTH QUARTER 2025 EPS OF $1.49 BELLEVUE, WASHINGTON - February 24, 2026, Expeditors International of ...

Expeditors Announces New Share Repurchase ProgramFeb 24, 2026 8:15 AM Eastern Standard Time# Expeditors Announces New Share Repurchase ProgramShare---BELLEVUE, Wash.--([BUSINESS WIRE])-- Expeditors International of Washington, Inc. (NYSE: EXPD) today announced that on February 23, 2026, its Board of Directors authorized a new share repurchase program that permits the repurchase of up to $3 billion of the Company's common stock. The repurchase authorization will be effective upon expiration of the current au ...

Core Viewpoint - The webinar hosted by Expeditors focuses on the Supreme Court's IEEPA tariff decision and its implications for importers [3]. Group 1 - The session is led by Samantha Hurst, who serves as the Regional Sales & Marketing Manager for Mid-Atlantic [1]. - The webinar aims to provide essential information for importers regarding the recent tariff decision [3]. - The event is designed to accommodate a growing number of participants, ensuring that all attendees receive the necessary content [2].

Expeditors International of Washington (NYSE:EXPD) Update / briefing February 23, 2026 03:00 PM ET Company ParticipantsBrenda Smith - Global Director of Government OutreachSamantha Hurst - Regional Sales and Marketing ManagerStephanie Holloway - Director of Customs Operations for the AmericasTed Henderson - Senior Advisor of CustomsSamantha HurstHello, everyone. We are right at the top of the hour, but we have quite a few of you still joining us, so we're going to give it just one minute as everyone gets ro ...

Core Viewpoint - Expeditors International (EXPD) is expected to report a decline in quarterly earnings and revenues, with earnings per share projected at $1.46, down 13.1% year-over-year, and revenues forecasted at $2.8 billion, reflecting a decrease of 5.3% compared to the same period last year [1]. Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating that analysts have not changed their initial forecasts during this period [2]. - Revisions to earnings estimates are crucial for predicting investor actions regarding the stock, as empirical research shows a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts project 'Revenues- Airfreight services' to reach $1.04 billion, indicating a year-over-year decline of 2.6% [5]. - The estimate for 'Revenues- Ocean freight and ocean services' is set at $687.50 million, reflecting a significant decrease of 24.3% from the prior-year quarter [5]. - 'Revenues- Customs brokerage and other services' are forecasted to reach $1.07 billion, showing an increase of 8.6% from the year-ago quarter [5]. Net Revenue Estimates - 'Net revenues- Airfreight services' are expected to be $252.72 million, indicating a slight decline of 0.7% from the year-ago quarter [6]. - Analysts estimate 'Net revenues- Customs brokerage and other services' to reach $485.71 million, reflecting a year-over-year increase of 7.3% [6]. - 'Net revenues- Ocean freight and ocean services' are projected at $184.94 million, indicating a year-over-year decline of 18.7% [7]. Stock Performance - Shares of Expeditors International have shown a return of -8% over the past month, compared to a -0.8% change in the Zacks S&P 500 composite [7]. - With a Zacks Rank of 3 (Hold), EXPD is expected to perform in line with the overall market in the near future [7].

Core Viewpoint - Expeditors International of Washington (EXPD) is expected to report a decline in earnings per share (EPS) and revenues for the fourth quarter of 2025, with the Zacks Consensus Estimate indicating a year-over-year decrease of 13.1% in EPS and a 5.4% contraction in revenues [1][2][7]. Financial Performance Expectations - The earnings per share for the upcoming quarter is estimated at $1.46, while revenues are projected to be $2.8 billion [1][2]. - For the full year 2025, the revenue estimate stands at $11.01 billion, reflecting a 3.9% year-over-year increase, and the EPS estimate is $5.92, indicating a 3.5% increase year-over-year [2][3]. Segment Performance Insights - The airfreight services segment is expected to perform well, with revenues estimated at $1.04 billion, surpassing the previous quarter's figures, driven by growth in airfreight tonnage from North and South Asia [6][7]. - Customs brokerage and other services revenues are projected to reach $1.07 billion, marking a 9% increase from the same quarter in 2024 [8]. - Conversely, the ocean freight segment is anticipated to underperform, with revenues estimated at $688 million, reflecting a decline due to oversupply and weak demand in U.S.-China trade [8][9]. Market Conditions and Challenges - The company faces challenges from significant exposure to China, with weakening demand on trans-Pacific routes impacting results [9]. - The overall transportation industry is experiencing pressures from oversupply in ocean freight, which is contributing to downward pressure on rates [8][9]. Historical Performance - In the previous four quarters, Expeditors has consistently beaten earnings estimates, with an average surprise of 13.9% [4]. - The most recent third-quarter results showed earnings of $1.64 per share, exceeding the consensus estimate of $1.40, although total revenues decreased by 4% year-over-year [10].

Core Viewpoint - Expeditors International (EXPD) shares experienced a significant increase of 4.2% in the last trading session, closing at $146.5, following a period of 14.2% loss over the past four weeks, indicating a potential recovery driven by optimism around upcoming earnings and cost-cutting measures [1][2]. Group 1: Stock Performance - The stock's recent rise was supported by solid trading volume, with more shares changing hands than usual, suggesting increased investor interest [1]. - The stock rebounded on February 13 after a sell-off on February 12, which was attributed to concerns related to AI [2]. Group 2: Earnings Expectations - Expeditors International is expected to report quarterly earnings of $1.46 per share, reflecting a year-over-year decline of 13.1%, with revenues anticipated at $2.8 billion, down 5.4% from the previous year [3]. - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating a lack of upward revisions in earnings estimates, which typically correlates with stock price movements [4]. Group 3: Industry Context - Expeditors International holds a Zacks Rank of 3 (Hold), while another company in the transportation services industry, Kuehne & Nagel International Ag (KHNGY), saw a 2.9% increase in its stock price, closing at $43.99, despite a -7.4% return over the past month [5]. - Kuehne & Nagel International's consensus EPS estimate has also remained unchanged at $0.4, representing a year-over-year decline of 29.8%, and it currently holds a Zacks Rank of 2 (Buy) [6].