FedEx Corporation (FDX)
NYSE: FDX · Real-Time Price · USD
318.57
+2.70 (0.85%)
At close: Aug 7, 2026, 4:00 PM EDT
319.22
+0.65 (0.20%)
After-hours: Aug 7, 2026, 7:53 PM EDT
FedEx Cash Flow Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Operating Activities
Fiscal Quarter | Q4 2026 | Q3 2026 | Q4 2025 | Q2 2026 | Q3 2025 | Q1 2026 | Q2 2025 | Q4 2025 | Q1 2025 | Q3 2025 | Q4 2024 | Q2 2025 | Q3 2024 | Q1 2025 | Q2 2024 | Q4 2024 | Q1 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Dec '25 Dec 31, 2025 | Nov '25 Nov 30, 2025 | Sep '25 Sep 30, 2025 | Aug '25 Aug 31, 2025 | Jun '25 Jun 30, 2025 | May '25 May 31, 2025 | Mar '25 Mar 31, 2025 | Feb '25 Feb 28, 2025 | Dec '24 Dec 31, 2024 | Nov '24 Nov 30, 2024 | Sep '24 Sep 30, 2024 | Aug '24 Aug 31, 2024 | Jun '24 Jun 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 |
Net Income | 1,597 | 1,056 | 1,279 | 956 | 1,279 | 824 | 767.5 | 1,648 | 767.5 | 909 | 1,177 | 741 | 1,177 | 794 | 989 | 1,474 | 989 | 879 | 900 | 1,078 |
Depreciation & Amortization | 1,097 | 1,112 | 1,062 | 1,068 | 1,062 | 1,092 | 1,071 | 1,057 | 1,071 | 1,066 | 1,088 | 1,063 | 1,088 | 1,078 | 1,056 | 1,104 | 1,056 | 1,072 | 1,040 | 1,071 |
Stock-Based Compensation | 41 | 37 | 35 | 43 | 35 | 56 | 42 | 38 | 42 | 32 | 33.5 | 36 | 33.5 | 48 | 48 | 33 | 48 | 34 | 40 | 56 |
Other Adjustments | 1,111 | 969 | 926.5 | 949 | 926.5 | 854 | 982 | 953 | 982 | 889 | 848.5 | 1,087 | 848.5 | 877 | 807.5 | 876 | 807.5 | 799 | 857 | 758 |
Change in Receivables | -1,157 | 225 | -350.5 | -979 | -350.5 | -336 | -539.5 | -1,088 | -539.5 | 387 | 208.5 | -774 | 208.5 | -305 | -343.5 | -160 | -343.5 | 577 | -561 | -126 |
Changes in Other Operating Activities | 1,168 | -1,406 | -221.5 | -247 | -221.5 | -774 | -1,099 | 871 | -1,099 | -1,271 | -789 | -870 | -789 | -1,305 | -554.5 | 158 | -554.5 | -1,751 | -502 | -607 |
Operating Cash Flow | 3,265 | 1,993 | 2,266 | 1,951 | 2,266 | 1,716 | 1,253 | 2,519 | 1,253 | 2,012 | 2,154 | 1,318 | 2,154 | 1,187 | 2,002 | 2,698 | 2,002 | 1,610 | 1,774 | 2,230 |
Operating Cash Flow Growth (YoY) | 44.12% | 16.14% | 80.88% | -22.55% | 80.88% | -14.71% | -41.85% | 91.12% | -41.85% | 69.50% | 7.59% | -51.15% | 7.59% | -26.27% | 12.85% | 20.99% | -41.92% | -29.26% | 16.86% | 38.77% |
Investing Activities
Fiscal Quarter | Q4 2026 | Q3 2026 | Q4 2025 | Q2 2026 | Q3 2025 | Q1 2026 | Q2 2025 | Q4 2025 | Q1 2025 | Q3 2025 | Q4 2024 | Q2 2025 | Q3 2024 | Q1 2025 | Q2 2024 | Q4 2024 | Q1 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Dec '25 Dec 31, 2025 | Nov '25 Nov 30, 2025 | Sep '25 Sep 30, 2025 | Aug '25 Aug 31, 2025 | Jun '25 Jun 30, 2025 | May '25 May 31, 2025 | Mar '25 Mar 31, 2025 | Feb '25 Feb 28, 2025 | Dec '24 Dec 31, 2024 | Nov '24 Nov 30, 2024 | Sep '24 Sep 30, 2024 | Aug '24 Aug 31, 2024 | Jun '24 Jun 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 |
Capital Expenditures | -1,474 | -955 | -1,235 | -757 | -1,235 | -623 | -792.5 | -1,473 | -792.5 | -997 | -1,291 | -818 | -1,291 | -767 | -1,298 | -1,202 | -1,298 | -1,379 | -1,305 | -1,290 |
Sale of Property, Plant & Equipment | 24 | 24 | 40.5 | 41 | 40.5 | 8 | 17 | 73 | 17 | 8 | 26 | 21 | 26 | 13 | 31 | 20 | 31 | 32 | 50 | 12 |
Purchases of Investments | -255 | -101 | -77.5 | -292 | -77.5 | -34 | -53.5 | -65 | -53.5 | -90 | -50.5 | -46 | -50.5 | -61 | -37.5 | -66 | -37.5 | -35 | -73 | -2 |
Proceeds from Sale of Investments | 229 | 77 | 29 | 147 | 29 | 30 | 26 | 33 | 26 | 25 | 19 | 39 | 19 | 13 | - | 14 | - | 24 | - | - |
Investing Cash Flow | -1,476 | -955 | -1,243 | -861 | -1,243 | -619 | -803 | -1,432 | -803 | -1,054 | -1,296 | -804 | -1,296 | -802 | -1,304 | -1,234 | -1,304 | -1,358 | -1,328 | -1,280 |
Financing Activities
Fiscal Quarter | Q4 2026 | Q3 2026 | Q4 2025 | Q2 2026 | Q3 2025 | Q1 2026 | Q2 2025 | Q4 2025 | Q1 2025 | Q3 2025 | Q4 2024 | Q2 2025 | Q3 2024 | Q1 2025 | Q2 2024 | Q4 2024 | Q1 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Dec '25 Dec 31, 2025 | Nov '25 Nov 30, 2025 | Sep '25 Sep 30, 2025 | Aug '25 Aug 31, 2025 | Jun '25 Jun 30, 2025 | May '25 May 31, 2025 | Mar '25 Mar 31, 2025 | Feb '25 Feb 28, 2025 | Dec '24 Dec 31, 2024 | Nov '24 Nov 30, 2024 | Sep '24 Sep 30, 2024 | Aug '24 Aug 31, 2024 | Jun '24 Jun 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 |
Long-Term Debt Issued | 600 | 3,692 | - | 0 | - | 997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | -1,335 | -67 | -55 | -22 | -55 | -625 | -23.5 | -68 | -23.5 | -42 | -26.5 | -13 | -26.5 | -34 | -47 | -4 | -47 | -49 | -28 | -66 |
Net Long-Term Debt Issued (Repaid) | -735 | 3,625 | -55 | -22 | -55 | 372 | -23.5 | -68 | -23.5 | -42 | -26.5 | -13 | -26.5 | -34 | -47 | -4 | -47 | -49 | -28 | -66 |
Issuance of Common Stock | 218 | 724 | 42 | 32 | 42 | 18 | 220 | 52 | 220 | 32 | 140 | 36 | 140 | 404 | 105.5 | 226 | 105.5 | 54 | 54 | 157 |
Repurchase of Common Stock | 0 | 0 | -498.5 | -296 | -498.5 | -500 | -1,010 | -500 | -1,010 | -497 | -750 | -1,020 | -750 | -1,000 | -500 | -500 | -500 | -1,000 | -500 | -500 |
Net Common Stock Issued (Repurchased) | 218 | 724 | -456.5 | -264 | -456.5 | -482 | -790 | -448 | -790 | -465 | -610 | -984 | -610 | -596 | -394.5 | -274 | -394.5 | -946 | -446 | -343 |
Common Dividends Paid | -346 | -341 | -331.5 | -342 | -331.5 | -345 | -338 | -331 | -338 | -332 | -312 | -337 | -312 | -339 | -317.5 | -310 | -317.5 | -314 | -317 | -318 |
Other Financing Activities | -6 | -40 | -12 | -4 | -12 | -5 | -3 | 0 | -3 | -24 | -5.5 | -6 | -5.5 | - | - | -4 | - | -7 | - | - |
Financing Cash Flow | -127 | 3,968 | -855 | -632 | -855 | -460 | -1,155 | -847 | -1,155 | -863 | -954 | -1,340 | -954 | -969 | -759 | -592 | -759 | -1,316 | -791 | -727 |
Net Cash Flow
Fiscal Quarter | Q4 2026 | Q3 2026 | Q4 2025 | Q2 2026 | Q3 2025 | Q1 2026 | Q2 2025 | Q4 2025 | Q1 2025 | Q3 2025 | Q4 2024 | Q2 2025 | Q3 2024 | Q1 2025 | Q2 2024 | Q4 2024 | Q1 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Dec '25 Dec 31, 2025 | Nov '25 Nov 30, 2025 | Sep '25 Sep 30, 2025 | Aug '25 Aug 31, 2025 | Jun '25 Jun 30, 2025 | May '25 May 31, 2025 | Mar '25 Mar 31, 2025 | Feb '25 Feb 28, 2025 | Dec '24 Dec 31, 2024 | Nov '24 Nov 30, 2024 | Sep '24 Sep 30, 2024 | Aug '24 Aug 31, 2024 | Jun '24 Jun 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 |
Foreign Exchange Rate Adjustments | -39 | 112 | 69 | -54 | 69 | 27 | -31 | 127 | -31 | 11 | -18 | -88 | -18 | 26 | -2.5 | -15 | -2.5 | -21 | 19 | -24 |
Net Cash Flow | 1,623 | 5,118 | 236.5 | 404 | 236.5 | 664 | -736 | 367 | -736 | 106 | -114 | -914 | -114 | -558 | -63.5 | 857 | -63.5 | -1,085 | -326 | 199 |
Free Cash Flow
Fiscal Quarter | Q4 2026 | Q3 2026 | Q4 2025 | Q2 2026 | Q3 2025 | Q1 2026 | Q2 2025 | Q4 2025 | Q1 2025 | Q3 2025 | Q4 2024 | Q2 2025 | Q3 2024 | Q1 2025 | Q2 2024 | Q4 2024 | Q1 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Dec '25 Dec 31, 2025 | Nov '25 Nov 30, 2025 | Sep '25 Sep 30, 2025 | Aug '25 Aug 31, 2025 | Jun '25 Jun 30, 2025 | May '25 May 31, 2025 | Mar '25 Mar 31, 2025 | Feb '25 Feb 28, 2025 | Dec '24 Dec 31, 2024 | Nov '24 Nov 30, 2024 | Sep '24 Sep 30, 2024 | Aug '24 Aug 31, 2024 | Jun '24 Jun 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 |
Free Cash Flow | 1,791 | 1,038 | 1,031 | 1,194 | 1,031 | 1,093 | 460 | 1,046 | 460 | 1,015 | 863.5 | 500 | 863.5 | 420 | 704.5 | 1,496 | 704.5 | 231 | 469 | 940 |
Free Cash Flow Growth (YoY) | 73.80% | -5.03% | 124.02% | 14.15% | 124.02% | 7.69% | -46.73% | 109.20% | -46.73% | 141.67% | 22.57% | -66.58% | 22.57% | 81.82% | 50.21% | 59.15% | -58.39% | -76.85% | - | 191.02% |
FCF Margin | 7.16% | 4.32% | 4.43% | 5.09% | 5.04% | 4.91% | 2.33% | 4.71% | 2.42% | 4.58% | 4.05% | 2.28% | 4.45% | 1.95% | 3.62% | 6.77% | 3.72% | 1.06% | 2.12% | 4.34% |
Free Cash Flow Per Share | 7.43 | 4.34 | 4.29 | 5.06 | 4.29 | 4.59 | 1.87 | 4.39 | 1.87 | 4.19 | 3.49 | 2.05 | 3.49 | 1.70 | 2.77 | 6.11 | 2.77 | 0.92 | 1.85 | 3.70 |
Levered Free Cash Flow | 1,653 | 3,432 | 969 | 998 | 470 | 891 | 533.5 | 2,035 | -13.5 | -335 | 150 | 103 | -229 | -234 | 404.5 | 1,530 | 165.5 | -1,228 | 105 | 186 |
Unlevered Free Cash Flow | 1,967 | -121.93 | 1,058 | 1,086 | 290.93 | 556.78 | -152.79 | 1,784 | -210.52 | -207.56 | -31.12 | 169.63 | -592.17 | -181.95 | -335.89 | 1,190 | -177.78 | -1,134 | 188.41 | 298.97 |