Expeditors International of Washington (EXPD) Revenue — Quarter Ended Jun 30, 2024
Revenue rose compared to both the prior quarter and the same period last year. This positive move reversed a series of sequential declines seen in recent quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue rose compared to both the prior quarter and the same period last year. This positive move reversed a series of sequential declines seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+10.5%
Change from the immediately preceding quarter.
Year-over-year
+8.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $2.2B | -49.8% |
| Dec 31, 2023 | $2.3B | -33.8% |
| Mar 31, 2024 | $2.2B | -14.9% |
| Jun 30, 2024 | $2.4B | +8.9% |
Revenue performance
The reported revenue reflects an upturn from the previous quarter and a year-over-year increase, indicating improved demand.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. Versus the same quarter one year earlier, revenue also grew.
What to watch
Monitor whether the company can sustain the growth trajectory amid evolving trade conditions.