---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-036952"
form_type: "8-K"
ticker: "EXPD"
cik: "0000746515"
company_name: "EXPEDITORS INTERNATIONAL OF WASHINGTON INC"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:44:41.297405+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Expeditors Q3 EPS $2.54 (+22% YoY); air tonnage -13%, ocean -10%; sees demand weakness ahead

## Summary
- Diluted EPS $2.54 (+22% YoY); net earnings $414M (+15%); operating income $527M (+8%).
- Revenue $4.4B (+1% YoY); airfreight tonnage -13%, ocean container volume -10%.
- CEO cites inflation, high energy costs, inventory destocking pressuring supply chains; expects conditions to continue into 2023.
- Company focusing on cost control amid declining rates and capacity rebalancing.

## SEC filing metadata
- accession: 0001564590-22-036952
- form_type: 8-K
- ticker: EXPD
- cik: 0000746515
- company_name: EXPEDITORS INTERNATIONAL OF WASHINGTON INC
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746515/000156459022036952/0001564590-22-036952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746515/000156459022036952/expd-8k_20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-036952
- JSON: https://secwatch.observer/filing/0001564590-22-036952.json
- Plain text: https://secwatch.observer/filing/0001564590-22-036952.txt

## Key facts
- Earnings Releases
  EXPEDITORS INTERNATIONAL OF WASHINGTON INC reported third quarter 2022 results: revenue $4.4 billion, net income $414 million, EPS $2.54.
  - Period: third quarter 2022
  - Revenue: $4.4 billion
  - Net income: $414 million
  - EPS: $2.54
  - Result: reported results
  source text: 1 ) increased 22% to $2.54 • Net Earnings Attributable to Shareholders increased 15% to $414 million • Operating Income increased 8% to $527 million • Revenues increased 1% to $4.4 billion • Airfreight tonnage volume and ocean container volume decreased 13% and 10%, respectively “We continued to perform at a very high level, generating another strong quarter of
  evidence_url: https://www.sec.gov/Archives/edgar/data/746515/000156459022036952/0001564590-22-036952-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.