FedEx Fedex Freight — Operating Income (Loss) decreased by 91.1% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 96.9%, from $261.00M to $8.00M. Over 4 years (FY 2022 to FY 2026), Fedex Freight — Operating Income (Loss) shows a downward trend with a -9.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income indicates strong pricing power, effective cost control, and high asset utilization within the freight division.
This metric measures the profitability of the freight segment by subtracting operating expenses from segment revenue. It...
Comparable to segment operating profit for LTL divisions of major global logistics and trucking companies.
fdx_segment_fedex_freight_segment_operating_income_loss| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $360.00M | $390.00M | $334.00M | $337.00M | $602.00M | $651.00M | $440.00M | $386.00M | $448.00M | $481.00M | $487.00M | $340.00M | $506.00M | $439.00M | $312.00M | $261.00M | $477.00M | $360.00M | $90.00M | $8.00M |
| QoQ Change | — | +8.3% | -14.4% | +0.9% | +78.6% | +8.1% | -32.4% | -12.3% | +16.1% | +7.4% | +1.2% | -30.2% | +48.8% | -13.2% | -28.9% | -16.3% | +82.8% | -24.5% | -75.0% | -91.1% |
| YoY Change | — | — | — | — | +67.2% | +66.9% | +31.7% | +14.5% | -25.6% | -26.1% | +10.7% | -11.9% | +12.9% | -8.7% | -35.9% | -23.2% | -5.7% | -18.0% | -71.2% | -96.9% |