Expeditors International of Washington (EXPD) Revenue — Quarter Ended Sep 30, 2024
Revenue increased during the quarter, reversing the trend from the prior sequential quarter. The reported amount also rose compared to the same quarter a year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased during the quarter, reversing the trend from the prior sequential quarter. The reported amount also rose compared to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+23.0%
Change from the immediately preceding quarter.
Year-over-year
+37.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.9B
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 |
|---|---|---|
| Dec 31, 2023 | $2.3B | -33.8% |
| Mar 31, 2024 | $2.2B | -14.9% |
| Jun 30, 2024 | $2.4B | +8.9% |
| Sep 30, 2024 | $3B | +37.0% |
Revenue performance
Revenue for the quarter was higher than the immediately preceding quarter, marking a sequential improvement. On a year-over-year basis, the quarter's revenue exceeded the same period from a year ago.
Quarterly comparison
Compared to the prior quarter, revenue moved higher after a decline in the previous sequential comparison. Relative to the same quarter one year earlier, revenue was also higher.
What to watch
The filing contains forward-looking statements related to risks including slowing economy and demand drop, which may affect future revenue trends.