Expeditors International of Washington (EXPD) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter ended December 31, 2024 declined slightly from the preceding quarter but rose substantially compared to the same quarter a year earlier. The filing context notes changes in working capital and investments to finance business growth during the second half of the year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter ended December 31, 2024 declined slightly from the preceding quarter but rose substantially compared to the same quarter a year earlier. The filing context notes changes in working capital and investments to finance business growth during the second half of the year.
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
-1.5%
Change from the immediately preceding quarter.
Year-over-year
+29.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.6B
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 |
|---|---|---|
| Mar 31, 2024 | $2.2B | -14.9% |
| Jun 30, 2024 | $2.4B | +8.9% |
| Sep 30, 2024 | $3B | +37.0% |
| Dec 31, 2024 | $3B | +29.7% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, while it increased significantly from the same quarter one year earlier.
Quarterly comparison
The sequential decline was modest, and the year-over-year gain was substantial.
What to watch
The filing context discusses that increases in duty rates could increase the amount of cash advances made on behalf of customers.