EXPD Expeditors International

Q3 2025 10-Q
Filed: Nov 6, 2025Period ending Sep 30, 2025
Industrials
Arrangement of Transportation of Freight & CargoSEC EDGAR

Expeditors International (EXPD) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Revenue $2.89B Q3 2025, down 4% YoY from $3.01B in Q3 2024; ocean freight revenue fell 27% to $746M, customs brokerage up 13% to $1.13B
  • Operating income $288M Q3 2025, down 4% YoY from $302M; operating margin approx. 10.0% vs 10.0% YoY (calculated from revenues and operating income)
+3 more insights

Risk Factors

  • New risk: increased tariffs and trade disputes from U.S. tariff rebalancing, impacting volumes, with China exports revenue 22% in 2024, declining in 2025
  • Updated regulatory risk: U.S. 2025 Tax Act and OECD Pillar Two tax rules causing uncertainty in effective tax rate and liabilities
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$2.9B

-3.5% YoY +9.2% QoQ

Net Income

$222M

-3.2% YoY +21.1% QoQ

Operating Margin

10.0%

-10bp YoY +61bp QoQ

Net Margin

7.7%

+3bp YoY +76bp QoQ

ROE

9.7%

Total Assets

$4.8B

EPS (Diluted)

$1.64

+0.6% YoY +21.5% QoQ

Operating Cash Flow

$201M

+123.8% YoY +12.4% QoQ

Source: XBRL data from Expeditors International Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

Other Expeditors International Quarterly Reports

Get deeper insights on Expeditors International

Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.