Expeditors International of Washington, Inc. reported a revenue increase of 4% for the fiscal year ended December 31, 2025, totaling $11.07 billion, compared to $10.60 billion in 2024. The company's operating income rose slightly by 1% to $1.05 billion, while net earnings attributable to shareholders remained stable at approximately $810.3 million. Earnings per share increased by 4% to $5.95, reflecting a solid performance despite challenges in the ocean freight segment, which saw an 11% decline in revenue due to decreased average sell rates and capacity imbalances.
The company experienced notable growth in its airfreight and customs brokerage services, with revenues increasing by 9% and 13%, respectively. This growth was driven by strong demand from technology customers, particularly in the context of rising investments in artificial intelligence infrastructure. However, the ocean freight segment faced challenges, with a significant drop in average rates leading to an overall revenue decline. The dynamic trade environment, characterized by changing tariffs and shifting trade volumes, contributed to this volatility, impacting both sell and buy rates.
Expeditors continues to focus on strategic growth through organic means rather than acquisitions, maintaining a workforce of approximately 20,000 employees across 172 district offices worldwide. The company emphasizes a culture of employee development and customer service, which it believes is critical to its success. In 2025, the company invested in technology enhancements and expanded its operational capabilities to meet increasing customer demands, particularly in customs brokerage and logistics services.
Looking ahead, Expeditors anticipates ongoing challenges due to geopolitical tensions, inflationary pressures, and evolving trade regulations. The company is committed to adapting its strategies to navigate these uncertainties while continuing to invest in technology and operational efficiencies. Management remains optimistic about the potential for growth in its core service areas, particularly as it leverages its expertise in customs brokerage and airfreight services to meet the needs of its diverse customer base.
About EXPEDITORS INTERNATIONAL OF WASHINGTON INC
Expeditors International of Washington, Inc. is a global third-party logistics provider offering transportation, customs brokerage, warehousing, and supply chain solutions. Its services include airfreight, ocean freight, order management, and specialized project cargo. The company leverages proprietary technology and a worldwide network of offices to deliver tailored, efficient logistics services to diverse industries, emphasizing quality, compliance, and customer-centric innovation.
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