FedEx Corporation (FDX)FDXFedEx Corporation

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly Report	TTM	05/31/2026	02/28/2026	11/30/2025	08/31/2025	05/31/2025	02/28/2025	11/30/2024	08/31/2024
Revenue	94.720B	25.007B	24.000B	23.469B	22.244B	22.220B	22.160B	21.967B	21.579B
Cost of Goods Sold	69.729B	17.145B	17.765B	17.269B	17.550B	16.911B	17.429B	17.388B	17.203B
Gross Profit	24.991B	7.862B	6.235B	6.200B	4.694B	5.309B	4.731B	4.579B	4.376B
Gross Profit Margin	31.4%	31.4%	26.0%	26.4%	21.1%	23.9%	21.3%	20.8%	20.3%
Total Operating Expenses	89.257B	76.152B	4.887B	4.822B	3.396B	3.322B	3.260B	3.201B	3.168B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	8.218B	0.00	0.00	4.822B	3.396B	3.322B	3.260B	3.201B	3.168B
Operating Income (EBIT)	5.463B	1.439B	1.348B	1.378B	1.298B	1.987B	1.471B	1.378B	1.208B
Operating Margin	5.8%	5.8%	5.6%	5.9%	5.8%	8.9%	6.6%	6.3%	5.6%
Income Before Tax (EBT)	5.794B	2.108B	1.263B	1.289B	1.134B	2.223B	1.181B	981.000M	1.056B
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	254.000M	—	—	135.000M	119.000M	124.000M	116.000M	102.000M	84.000M
Other Income/Expense	330.000M	668.000M	-85.000M	-89.000M	-164.000M	236.000M	-290.000M	-397.000M	-152.000M
Net Income	4.434B	1.598B	1.056B	956.000M	824.000M	1.648B	909.000M	741.000M	794.000M
Income Tax Expense	1.360B	510.000M	207.000M	333.000M	310.000M	575.000M	272.000M	240.000M	262.000M
Net Profit Margin	6.4%	6.4%	4.4%	4.1%	3.7%	7.4%	4.1%	3.4%	3.7%
EBITDA	10.162B	3.085B	2.375B	2.357B	2.345B	3.404B	2.363B	2.146B	2.218B
EBITDA Margin	12.3%	12.3%	9.9%	10.0%	10.5%	15.3%	10.7%	9.8%	10.3%
Depreciation & Amortization	4.369B	1.097B	1.112B	1.068B	1.092B	1.057B	1.066B	1.063B	1.078B
EPS Basic	18.36	6.60	4.35	3.93	3.48	6.92	3.79	3.07	3.24
EPS Diluted	18.34	6.60	4.35	3.93	3.46	6.88	3.76	3.03	3.21
Shares Outstanding	241.000M	241.000M	243.000M	243.000M	243.000M	238.000M	240.000M	242.000M	247.352M
Diluted Shares Outstanding	241.000M	241.000M	243.000M	243.000M	243.000M	238.000M	244.000M	244.000M	247.352M

Annual Income Statement (USD)

Annual Report	05/31/2026	05/31/2025	05/31/2024	05/31/2023	05/31/2022	05/31/2021	05/31/2020	05/31/2019
Revenue	94.720B	87.926B	87.693B	90.155B	93.512B	83.794B	69.217B	69.693B
Cost of Goods Sold	69.729B	68.931B	68.741B	70.989B	73.345B	66.005B	55.873B	54.866B
Gross Profit	24.991B	18.995B	18.952B	19.166B	20.167B	17.789B	13.344B	14.827B
Gross Profit Margin	26.4%	21.6%	21.6%	21.3%	21.6%	21.2%	19.3%	21.3%
Total Operating Expenses	89.257B	12.913B	12.597B	13.828B	13.644B	11.771B	10.492B	10.041B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.00	12.913B	12.597B	13.828B	13.644B	11.771B	10.492B	10.041B
Operating Income (EBIT)	5.463B	6.082B	6.355B	5.338B	6.523B	6.018B	2.852B	4.786B
Operating Margin	5.8%	6.9%	7.2%	5.9%	7.0%	7.2%	4.1%	6.9%
Income Before Tax (EBT)	5.793B	5.441B	5.836B	5.363B	4.896B	6.674B	1.669B	655.000M
Interest Income	—	363.000M	370.000M	198.000M	53.000M	52.000M	55.000M	59.000M
Interest Expense	—	789.000M	745.000M	694.000M	689.000M	793.000M	672.000M	588.000M
Other Income/Expense	330.000M	-641.000M	-519.000M	25.000M	-1.627B	656.000M	-1.183B	-4.131B
Net Income	4.433B	4.092B	4.331B	3.972B	3.826B	5.231B	1.286B	540.000M
Income Tax Expense	1.360B	1.349B	1.505B	1.391B	1.070B	1.443B	383.000M	115.000M
Net Profit Margin	4.7%	4.7%	4.9%	4.4%	4.1%	6.2%	1.9%	0.8%
EBITDA	10.162B	10.494B	10.868B	10.233B	9.555B	11.260B	5.956B	4.596B
EBITDA Margin	10.7%	11.9%	12.4%	11.4%	10.2%	13.4%	8.6%	6.6%
Depreciation & Amortization	4.369B	4.264B	4.287B	4.176B	3.970B	3.793B	3.615B	3.353B
EPS Basic	18.55	16.96	17.44	15.61	14.52	19.77	4.92	2.06
EPS Diluted	18.55	16.81	17.21	15.49	14.36	19.48	4.90	2.04
Shares Outstanding	239.000M	243.000M	248.000M	254.000M	263.000M	264.000M	261.000M	262.000M
Diluted Shares Outstanding	239.000M	243.000M	251.000M	256.000M	266.000M	268.000M	262.000M	265.000M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About FedEx Corporation

FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, technological, and e-commerce transportation services. FedEx Ground focuses on reliable, scheduled delivery services for both commercial clients and individual households. The FedEx Freight unit manages less-than-truckload (LTL) cargo shipments, supported by a significant infrastructure that, as of May 31, 2022, included approximately 30,000 vehicles and 400 service centers. FedEx Services provides essential internal support functions across the company, such as sales, marketing, information technology, communications, customer and technical assistance, billing, collections, and other vital administrative operations. Finally, the Corporate, Other, and Eliminations segment broadens FedEx's offerings to include integrated supply chain management, specialized transportation, customs brokerage, global ocean and air freight forwarding, document and business services, and convenient retail access points for its package delivery operations. Established in 1971, FedEx Corporation maintains its headquarters in Memphis, Tennessee.

Memphis, TN

306,000 employees

www.fedex.com

Industrials / Integrated Freight & Logistics

Sector: Industrials
Industry: Integrated Freight & Logistics
CEO: Rajesh Subramaniam

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