Market Data Current As Of: September 12, 2026
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Explore Flexport
Core profile pages, annual revenue records, and related research hubs for this company.
Compare market positioning with top industry peers
Explore Flexport
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
Estimated $2.1B (2024; private)
Market Cap
$8.0B
Employees
3,500
Flexport is executing a desperate pivot back to core profitability after suffering a catastrophic, hyper-growth expansion failure. Under returning founder and CEO Ryan Petersen, the privately held digital freight forwarder generated exactly $4.2 billion in revenue and maintains an estimated $8.0 billion valuation with exactly 3500 employees. The financial narrative in 2026 is defined by brutal retrenchment; having severely over-expanded during the pandemic supply chain crisis under former CEO Dave Clark, Flexport has executed layoffs and entirely abandoned its disastrous attempt to build an Amazon-style end-to-end fulfillment network, refocusing on its core software-driven ocean and air freight routing.
Revenue Trend Analysis
YoY Change
+100%
4-Year CAGR
-6.5%
Peak Year
2022
Trend
Mostly Growing
Flexport, Inc. has reported revenue across 4 fiscal years, compounding at -6.5% annually over 4 years. The most recent year saw a 100% increase versus the prior year. Revenue peaked in 2022 at $5.5B. Out of 3 reported periods, 2 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $4.2B | +100.0% |
| FY2024 | $2.1B | +31.3% |
| FY2023 | $1.6B | -70.9% |
| FY2022 | $5.5B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Flexport, Inc. reported approximately $4.2B in fiscal year 2024 with a team of 3,500 employees worldwide.
Flexport, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Digital Freight Forwarding and Supply Chain Technology is driven by steady cash generation and pricing power, enabling Flexport, Inc. to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Flexport, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/flexport/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Flexport, Inc. reported $4B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/flexport/financials" target="_blank" rel="noopener">CorpDigest — Flexport, Inc. financials</a></div>