FedEx Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Revenue	94,720	87,926	87,693	90,155	93,512
Revenue Growth (YoY)	7.73%	0.27%	-2.73%	-3.59%	11.38%
Cost of Revenue	69,729	64,667	64,454	66,813	69,375
Gross Profit	24,991	23,259	23,239	23,342	24,137
Depreciation & Amortization Expenses	4,369	4,264	4,287	4,176	3,970
Other Operating Expenses	15,159	13,778	13,393	14,254	13,922
Total Operating Expenses	19,528	18,042	17,680	18,430	17,892
Operating Income	5,463	5,217	5,559	4,912	6,245
Interest Income	-	363	370	198	53
Interest Expense	-533	-789	-745	-694	-689
Other Non-Operating Income (Expense)	863	650	652	947	-713
Total Non-Operating Income (Expense)	330	224	277	451	-1,349
Pretax Income	5,793	5,441	5,836	5,363	4,896
Provision for Income Taxes	1,360	1,349	1,505	1,391	1,070
Net Income	4,433	4,092	4,331	3,972	3,826
Net Income to Common	4,433	4,092	4,331	3,972	3,826
Net Income Growth	8.33%	-5.52%	9.04%	3.82%	-26.86%
Shares Outstanding (Basic)	239	241	248	254	263
Shares Outstanding (Diluted)	239	243	251	256	266
Shares Change (YoY)	-1.65%	-3.19%	-1.95%	-3.76%	-0.75%
EPS (Basic)	18.55	16.96	17.41	15.60	14.54
EPS (Diluted)	18.55	16.81	17.21	15.48	14.33
EPS Growth	10.35%	-2.32%	11.18%	8.03%	-26.32%
Free Cash Flow	5,116	2,981	3,136	2,674	3,069
Free Cash Flow Growth	71.62%	-4.94%	17.28%	-12.87%	-27.81%
Free Cash Flow Per Share	21.41	12.27	12.49	10.45	11.54
Dividends Per Share	-	5.590	5.160	4.710	3.400
Dividend Growth	-	8.33%	9.55%	38.53%	25.93%
Gross Margin	26.38%	26.45%	26.50%	25.89%	25.81%
Operating Margin	5.77%	5.93%	6.34%	5.45%	6.68%
Profit Margin	4.68%	4.65%	4.94%	4.41%	4.09%
FCF Margin	5.40%	3.39%	3.58%	2.97%	3.28%
EBITDA	9,832	9,481	9,846	9,088	10,215
EBITDA Margin	10.38%	10.78%	11.23%	10.08%	10.92%
EBIT	5,463	5,217	5,559	4,912	6,245
EBIT Margin	5.77%	5.93%	6.34%	5.45%	6.68%
Effective Tax Rate	23.48%	24.79%	25.79%	25.94%	21.85%

SEC Filings: 10-K · 10-Q