FedEx Corp (FDX) Financial Statements
Industry: Air Courier Services
In fiscal 2026, FedEx reported revenue of $94.72B, up 7.7% from $87.93B the year before. Net income was $4.43B (a 4.7% net margin), or $18.55 per diluted share. Gross margin was 5.8% and operating margin was 5.8%. Operating activities generated $8.93B of cash, leaving $5.12B of free cash flow. At fiscal year end, FedEx held $98.94B in total assets against $67.29B in total liabilities, including $13.31B of cash and equivalents.
Open the full interactive FedEx financials → Quarterly statements, key ratios, valuation history and price charts.
FedEx Key Stats
| Share Price | $290.59 |
|---|---|
| Market Cap | $69.45B |
| P/E Ratio | 15.7 |
| Dividend Yield | 1.98% |
| Revenue YoY Growth | +7.7% |
| 52-Week Range | $181.97 – $338.02 |
| Shares Outstanding | 237.0 million (basic, 2026 Q4) |
FedEx Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $83.96B | $93.51B | $90.16B | $87.69B | $87.93B | $94.72B |
| Cost of Goods Sold | $78.10B | $87.27B | $85.24B | $82.13B | $82.71B | $89.26B |
| Gross Profit | $5.86B | $6.25B | $4.91B | $5.56B | $5.22B | $5.46B |
| Operating Income | $5.86B | $6.25B | $4.91B | $5.56B | $5.22B | $5.46B |
| Pre-Tax Income | $6.67B | $4.90B | $5.36B | $5.84B | $5.44B | $5.79B |
| Income Tax | $1.44B | $1.07B | $1.39B | $1.50B | $1.35B | $1.36B |
| Net Income | $5.23B | $3.83B | $3.97B | $4.33B | $4.09B | $4.43B |
| Diluted EPS | $19.45 | $14.33 | $15.48 | $17.21 | $16.81 | $18.55 |
FedEx Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $22.24B | $23.47B | $24.00B | $25.01B |
| Net Income | $824.0M | $956.0M | $1.06B | $1.60B |
| Diluted EPS | $3.46 | $4.04 | $4.41 | $6.68 |
FedEx Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.09B | $6.90B | $6.86B | $6.50B | $5.50B | $13.31B |
| Current Assets | $20.58B | $20.36B | $18.61B | $18.21B | $18.39B | $27.90B |
| Total Assets | $82.78B | $85.99B | $87.14B | $87.01B | $87.63B | $98.94B |
| Current Liabilities | $13.66B | $14.27B | $13.59B | $13.36B | $15.41B | $18.91B |
| Total Long-Term Debt | $20.88B | $20.26B | $20.58B | $20.20B | $20.58B | $24.97B |
| Total Liabilities | $58.61B | $61.05B | $61.05B | $59.42B | $59.55B | $67.29B |
| Shareholders' Equity | $24.17B | $24.94B | $26.09B | $27.58B | $28.07B | $31.65B |
FedEx Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $10.13B | $9.83B | $8.85B | $8.31B | $7.04B | $8.93B |
| Cash From Investing | -$6.01B | -$6.82B | -$6.17B | -$5.20B | -$4.09B | -$3.91B |
| Cash From Financing | -$2.09B | -$3.02B | -$2.60B | -$3.43B | -$4.02B | $2.75B |
| Free Cash Flow | $4.25B | $3.07B | $2.67B | $3.14B | $2.98B | $5.12B |
| Dividends Paid | $686.0M | $793.0M | $1.18B | $1.26B | $1.34B | $1.37B |
Figures from FedEx's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full FedEx financials page for every line item.
FedEx Company Profile
| Ticker | FDX |
|---|---|
| Exchange | NYSE |
| Industry | Air Courier Services |
| Headquarters | Memphis, Tennessee |
| Incorporated in | Delaware |
| Fiscal Year End | May 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001048911 |
Frequently Asked Questions
What was FedEx's revenue in fiscal 2026?
FedEx (FDX) reported revenue of $94.72B for fiscal 2026.
What is FedEx's annual revenue history?
FedEx's annual revenue by fiscal year: 2021: $83.96B; 2022: $93.51B; 2023: $90.16B; 2024: $87.69B; 2025: $87.93B; 2026: $94.72B.
What was FedEx's net income in fiscal 2026?
FedEx reported net income of $4.43B for fiscal 2026.
What was FedEx's earnings per share (EPS) in fiscal 2026?
FedEx's diluted EPS was $18.55 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did FedEx generate in fiscal 2026?
FedEx generated $5.12B of free cash flow in fiscal 2026.
What was FedEx's revenue last quarter?
In its most recent reported quarter (2026 Q4), FedEx reported revenue of $25.01B.
How much debt does FedEx have?
FedEx reported $24.97B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of FedEx are outstanding?
FedEx reported a weighted average of 237.0 million basic shares outstanding in 2026 Q4.
What is FedEx's market cap?
Based on its latest closing price, FedEx (FDX) has a market capitalization of about $69.45B.
When does FedEx's fiscal year end?
FedEx's fiscal year end, as registered with the SEC, is May 31.
Where is FedEx headquartered?
FedEx lists its business address in Memphis, Tennessee in its SEC filings.