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 2025	FY 2024	FY 2024
Period Ending	May '26 May 31, 2026	Dec '25 Dec 31, 2025	May '25 May 31, 2025	Dec '24 Dec 31, 2024	May '24 May 31, 2024
Revenue	94,720	82,463	87,926	79,130	87,693
Revenue Growth	14.86%	-6.21%	11.12%	-9.77%	-2.73%
Cost of Revenue	69,729	60,691	64,667	58,893	64,454
Gross Profit	24,991	21,772	23,259	20,237	23,239
Depreciation & Amortization Expenses	4,369	3,867	4,264	3,883	4,287
Other Operating Expenses	15,159	13,351	13,778	13,082	13,393
Total Operating Expenses	19,528	17,218	18,042	16,965	17,680
Operating Income	5,463	4,554	5,217	3,272	5,559
Interest Income	437	-	363	-	370
Interest Expense	-970	-497	-789	-384	-745
Other Non-Operating Income (Expense)	863	590	650	674	652
Total Non-Operating Income (Expense)	330	93	224	290	277
Pretax Income	5,793	4,647	5,441	3,562	5,836
Provision for Income Taxes	1,360	1,165	1,349	916	1,505
Net Income	4,433	3,482	4,092	2,646	4,331
Earnings From Discontinued Operations	-	1,066	-	1,568	-
Net Income to Common	4,433	4,548	4,092	4,214	4,331
Net Income Growth	-2.53%	11.14%	-2.90%	-2.70%	9.04%
Shares Outstanding (Basic)	237	237	241	244	248
Shares Outstanding (Diluted)	239	238	243	247	251
Shares Change	0.32%	-1.96%	-1.51%	-1.70%	-1.95%
EPS (Basic)	18.71	19.21	16.96	17.27	17.41
EPS (Diluted)	18.55	19.09	16.81	17.08	17.21
EPS Growth	-2.83%	13.56%	-1.58%	-0.76%	11.18%

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2025	FY 2024	FY 2024
Period Ending	May '26 May 31, 2026	Dec '25 Dec 31, 2025	May '25 May 31, 2025	Dec '24 Dec 31, 2024	May '24 May 31, 2024
Free Cash Flow	5,116	2,981	2,981	3,136	3,136
Free Cash Flow Growth	71.62%	0%	-4.94%	0%	17.28%
Free Cash Flow Per Share	21.41	12.51	12.27	12.71	12.49
Dividends Per Share	5.570	-	5.590	-	5.160
Dividend Growth	-	-	-	-	9.55%
Gross Margin	26.38%	26.40%	26.45%	25.57%	26.50%
Operating Margin	5.77%	5.52%	5.93%	4.13%	6.34%
Profit Margin	4.68%	4.22%	4.65%	3.34%	4.94%
FCF Margin	5.40%	3.61%	3.39%	3.96%	3.58%
EBITDA	9,832	8,818	9,481	7,559	9,846
EBITDA Margin	10.38%	10.69%	10.78%	9.55%	11.23%
EBIT	5,463	4,554	5,217	3,272	5,559
EBIT Margin	5.77%	5.52%	5.93%	4.13%	6.34%
Effective Tax Rate	23.48%	25.07%	24.79%	25.72%	25.79%

SEC Filings: 10-K · 10-Q