FINHUB Insights

FDX · Q1 FY26 · Jun 1 – Aug 31, 2025

FedEx Q1 FY26: where the revenue came from and where it went

FedEx Q1 FY26: revenue $22.2B (+3% year over year). Net profit $0.8B. Largest cohort US $16.0B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 1 – Aug 31, 2025
Reported
Sep 18, 2025 10-Q
Sankey diagram of FedEx's income statement for Q1 FY26: revenue of $22.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$22.2B +3% year over year
Operating profit$1.1B 5% margin
Net profit$0.8B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Aug 31, 2025).
ItemValueShare of revenueYear over year
Revenue 22.2 100% +3%
US 16.0 72% +3%
Non US 6.3 28% +3%
Salaries and employee benefits−8.237%+0pp
Purchased transportation−5.525%+0pp
Other−3.415%+0pp
Rentals and landing fees−1.25%+0pp
Depreciation and amortization−1.15%+0pp
Other−1.88%+0pp
Operating profit1.15% margin+0pp
Tax−0.3
Net profit0.84%+0pp
Filing on EDGAR More quarters of FDX

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.