FedEx Freight Financial Statements
NYSE: FDXFConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FedEx Freight revenue and earnings
In fiscal 2026, FedEx Freight generated $8.79 billion in revenue, down 1.1% from fiscal 2025, its first annual decline since 2025. Net income was $655.0 million (-51.3% year over year), for a net margin of 7.4% versus a median of 15.9% in the prior 2 years. Operating margin was 6.1%.
Diluted earnings per share came in at $4.38, down from $9.00. Over the last 2 fiscal years, FDXF's revenue has grown at a -3.4% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
FedEx Freight income statement (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 |
|---|---|---|---|
| Revenue | 8.79B | 8.89B | 9.42B |
| Revenue growth (YoY) | -1.09% | -5.65% | — |
| Operating Income | 540.00M | 1.40B | 1.75B |
| Interest Expense | 57.00M | 0 | 0 |
| Other Income (Expense) | 344.00M | 398.00M | 326.00M |
| Pretax Income | 884.00M | 1.80B | 2.08B |
| Income Tax | 229.00M | 456.00M | 505.00M |
| Net Income | 655.00M | 1.35B | 1.57B |
| Net Income growth (YoY) | -51.34% | -14.49% | — |
| EPS (Basic) | 4.38 | 9.00 | 10.53 |
| EPS (Diluted) | 4.38 | 9.00 | 10.53 |
| Shares Outstanding (Basic) | 149.51M | 149.51M | 149.51M |
| Shares Outstanding (Diluted) | 149.51M | 149.51M | 149.51M |
| EBITDA | 1.05B | 1.88B | 2.21B |
| Operating Margin | 6.14% | 15.79% | 18.60% |
| Net Margin | 7.45% | 15.14% | 16.70% |
This table shows 3 annual periods of FedEx Freight's income statement, from FY 2026 back to FY 2024, across 14 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow FDXF's reporting calendar. What is a income statement?