Business Segments · Operating Income (Loss)

Fedex Freight — Operating Income (Loss)

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.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2013
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong pricing power, effective cost control, and high asset utilization within the freight division.

Detailed definition

This metric measures the profitability of the freight segment by subtracting operating expenses from segment revenue. It...

Peer comparison

Comparable to segment operating profit for LTL divisions of major global logistics and trucking companies.

Metric ID: fdx_segment_fedex_freight_segment_operating_income_loss

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$8.00M$651.00M
CAGR-55.1%
Avg YoY Growth-7.5%
Median YoY Growth-10.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is FedEx's fedex freight — operating income (loss)?
FedEx (FDX) reported fedex freight — operating income (loss) of $8.00M in Q1 2026.
How has FedEx's fedex freight — operating income (loss) changed year-over-year?
FedEx's fedex freight — operating income (loss) decreased by 96.9% year-over-year, from $261.00M to $8.00M.
What is the long-term trend for FedEx's fedex freight — operating income (loss)?
Over 4 years (2022 to 2026), FedEx's fedex freight — operating income (loss) has grown at a -9.9% compound annual growth rate (CAGR), from $1.42B to $935.00M.
What does fedex freight — operating income (loss) mean?
The profit or loss generated specifically by the freight shipping business segment.