FedEx Quarterly Income Statement
NYSE: FDXConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FedEx revenue and earnings
In the quarter ended May 31, 2026, FedEx generated $25.01 billion in revenue, up 12.5% from the same quarter a year earlier. Net income was $1.60 billion (-3.1% year over year), for a net margin of 6.4% versus a median of 4.1% in the prior 5 quarters. Operating margin was 6.2%.
Diluted earnings per share came in at $6.64, down from $6.81.
Summary generated from market data by MetaCap's automated system. Methodology
FedEx income statement (quarterly)
| Quarter (USD) | Q4 20262026-05-31 | Q3 20262026-02-28 | Q2 20262025-11-30 | Q1 20262025-08-31 | Q4 20252025-05-31 | Q3 20252025-02-28 | Q2 20252024-11-30 | Q1 20252024-08-31 | Q4 20242024-05-31 | Q3 20242024-02-29 | Q2 20242023-11-30 | Q1 20242023-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.01B | 24.00B | 23.47B | 22.24B | 22.22B | 22.16B | 21.97B | 21.58B | 22.11B | 21.74B | 22.16B | 21.68B |
| Revenue growth (YoY) | +12.54% | +8.30% | +6.84% | +3.08% | +0.50% | +1.94% | -0.89% | -0.47% | +0.82% | -1.94% | -2.84% | -6.72% |
| Operating Income | 1.55B | 1.35B | 1.38B | 1.19B | 1.79B | 1.29B | 1.05B | 1.08B | 1.55B | 1.24B | 1.28B | 1.49B |
| Other Income (Expense) | 556.00M | -85.00M | -89.00M | -52.00M | 430.00M | -111.00M | -71.00M | -24.00M | 473.00M | -60.00M | -74.00M | -62.00M |
| Pretax Income | 2.11B | 1.26B | 1.29B | 1.13B | 2.22B | 1.18B | 981.00M | 1.06B | 2.03B | 1.18B | 1.20B | 1.42B |
| Income Tax | 510.00M | 207.00M | 333.00M | 310.00M | 575.00M | 272.00M | 240.00M | 262.00M | 554.00M | 304.00M | 302.00M | 345.00M |
| Net Income | 1.60B | 1.06B | 956.00M | 824.00M | 1.65B | 909.00M | 741.00M | 794.00M | 1.47B | 879.00M | 900.00M | 1.08B |
| Net Income growth (YoY) | -3.09% | +16.17% | +29.01% | +3.78% | +11.80% | +3.41% | -17.67% | -26.35% | -4.16% | +14.01% | +14.21% | +23.20% |
| EPS (Basic) | 6.70 | 4.46 | 4.07 | 3.48 | 6.87 | 3.79 | 3.06 | 3.24 | 5.99 | 3.55 | 3.59 | 4.28 |
| EPS (Diluted) | 6.64 | 4.41 | 4.04 | 3.46 | 6.81 | 3.76 | 3.03 | 3.21 | 5.92 | 3.51 | 3.55 | 4.23 |
| Shares Outstanding (Basic) | — | 236.00M | 235.00M | 236.00M | — | 240.00M | 242.00M | 244.00M | — | 247.00M | 250.00M | 251.00M |
| Shares Outstanding (Diluted) | — | 239.00M | 236.00M | 238.00M | — | 242.00M | 244.00M | 247.00M | — | 250.00M | 253.00M | 254.00M |
| EBITDA | 2.65B | 2.46B | 2.45B | 2.28B | 2.85B | 2.36B | 2.12B | 2.16B | 2.66B | 2.31B | 2.32B | 2.56B |
| Operating Margin | 6.20% | 5.62% | 5.87% | 5.33% | 8.07% | 5.83% | 4.79% | 5.00% | 7.03% | 5.72% | 5.76% | 6.85% |
| Net Margin | 6.39% | 4.40% | 4.07% | 3.70% | 7.42% | 4.10% | 3.37% | 3.68% | 6.67% | 4.04% | 4.06% | 4.97% |
This table shows 12 quarterly periods of FedEx's income statement, from Q4 2026 back to Q1 2024, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FDX's reporting calendar. What is a income statement?