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.
An increase indicates higher shipping volumes or improved pricing power in the LTL market, while a decrease suggests weakening demand or competitive pressure.
This represents the total gross income generated by the less-than-truckload (LTL) shipping operations. It reflects the d...
Comparable to LTL revenue metrics reported by competitors like Old Dominion Freight Line or XPO.
fdx_segment_fedex_freight_segment_revenue| 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 | $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% |