FedEx

FDX Industrials Market cap $73.9B as of Sep 14, 2026 16:00 ET S&P 500

Q4 FY26 Mar 1 – May 31, 2026 reported Jul 20, 2026

Revenue$25.0B +13% year over year

Operating profit$2.1B 8% margin

Net profit−$2.8B −11% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q4 FY26 (period ends May 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	25.0	100%	+13%
US	17.8	71%	+12%
Non US	7.2	29%	+14%
Operating expenses	−22.9	92%
Compensation	−8.6	34%	+0pp
D&A	−1.1	5%	+0pp
Underwriting	−3.6	14%	−1pp
Other	−9.7	39%	+0pp
Operating profit	2.1	8% margin	−2pp
Interest & other costs	−4.4
Tax	−0.5
Net profit	−2.8	−11% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Feb 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	24.0	100%	+8%
US	17.4	73%	+8%
Non US	6.6	27%	+9%
Operating expenses	−22.7	95%
Salaries and employee benefits	−8.9	37%	+0pp
Purchased transportation	−6.1	25%	+0pp
Other	−3.5	15%	+0pp
Rentals and landing fees	−1.2	5%	+0pp
Depreciation and amortization	−1.1	5%	+0pp
Other	−1.9	8%	+0pp
Operating profit	1.3	5% margin	+0pp
Tax	−0.2
Net profit	1.1	4% margin	+0pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Nov 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	23.5	100%	+7%
US	16.7	71%	+9%
Non US	6.7	29%	+2%
Operating expenses	−22.2	95%
Salaries and employee benefits	−8.4	36%	+0pp
Purchased transportation	−5.9	25%	+0pp
Other	−3.5	15%	+0pp
Rentals and landing fees	−1.2	5%	+0pp
Depreciation and amortization	−1.1	5%	+0pp
Other	−2.1	9%	+0pp
Operating profit	1.3	5% margin	+1pp
Tax	−0.3
Net profit	1.0	4% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Aug 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	22.2	100%	+3%
US	16.0	72%	+3%
Non US	6.3	28%	+3%
Operating expenses	−21.1	95%
Salaries and employee benefits	−8.2	37%	+0pp
Purchased transportation	−5.5	25%	+0pp
Other	−3.4	15%	+0pp
Rentals and landing fees	−1.2	5%	+0pp
Depreciation and amortization	−1.1	5%	+0pp
Other	−1.8	8%	+0pp
Operating profit	1.1	5% margin	+0pp
Tax	−0.3
Net profit	0.8	4% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q4 FY26 Mar 1 – May 31, 2026 reported Jul 20, 2026 Operating margin 8% Net profit −$2.8B	Mar 1 – May 31, 2026	Jul 20, 2026	$25.0B	+13%	8%	−$2.8B	−11%
Q3 FY26 Dec 1, 2025 – Feb 28, 2026 reported Mar 19, 2026 Operating margin 5% Net profit $1.1B	Dec 1, 2025 – Feb 28, 2026	Mar 19, 2026	$24.0B	+8%	5%	$1.1B	4%
Q2 FY26 Sep 1 – Nov 30, 2025 reported Dec 18, 2025 Operating margin 5% Net profit $1.0B	Sep 1 – Nov 30, 2025	Dec 18, 2025	$23.5B	+7%	5%	$1.0B	4%
Q1 FY26 Jun 1 – Aug 31, 2025 reported Sep 18, 2025 Operating margin 5% Net profit $0.8B	Jun 1 – Aug 31, 2025	Sep 18, 2025	$22.2B	+3%	5%	$0.8B	4%