Business Segments · Revenue

Fedex Freight — Revenue

FedEx Fedex Freight — Revenue decreased by 6.9% to $1.99B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $2.09B to $1.99B. Over 4 years (FY 2022 to FY 2026), Fedex Freight — Revenue shows relatively stable performance with a -0.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2013
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher shipping volumes or improved pricing power in the LTL market, while a decrease suggests weakening demand or competitive pressure.

Detailed definition

This represents the total gross income generated by the less-than-truckload (LTL) shipping operations. It reflects the d...

Peer comparison

Comparable to LTL revenue metrics reported by competitors like Old Dominion Freight Line or XPO.

Metric ID: fdx_segment_fedex_freight_segment_revenue

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$2.24B$2.25B$2.27B$2.25B$2.76B$2.72B$2.45B$2.19B$2.27B$2.29B$2.36B$2.13B$2.31B$2.33B$2.18B$2.09B$2.30B$2.26B$2.14B$1.99B
QoQ Change+0.7%+0.9%-0.8%+22.3%-1.2%-9.9%-10.9%+3.8%+1.0%+3.0%-10.0%+8.5%+1.0%-6.5%-4.0%+10.0%-1.7%-5.2%-6.9%
YoY Change+23.3%+21.0%+8.0%-3.0%-17.7%-15.9%-3.8%-2.8%+1.6%+1.7%-7.8%-1.7%-0.4%-3.1%-1.7%-4.7%
Range$1.99B$2.76B
CAGR-2.4%
Avg YoY Growth-0.4%
Median YoY Growth-2.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is FedEx's fedex freight — revenue?
FedEx (FDX) reported fedex freight — revenue of $1.99B in Q1 2026.
How has FedEx's fedex freight — revenue changed year-over-year?
FedEx's fedex freight — revenue decreased by 4.7% year-over-year, from $2.09B to $1.99B.
What is the long-term trend for FedEx's fedex freight — revenue?
Over 4 years (2022 to 2026), FedEx's fedex freight — revenue has grown at a -0.9% compound annual growth rate (CAGR), from $9.01B to $8.68B.
What does fedex freight — revenue mean?
Total sales revenue generated specifically by the freight shipping business segment.