Business Segments · Operating Income (Loss)

Federal Express — Operating Income (Loss)

FedEx Federal Express — Operating Income (Loss) increased by 1.4% to $1.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.5%, from $1.29B to $1.57B. Over 2 years (FY 2024 to FY 2026), Federal Express — Operating Income (Loss) shows an upward trend with a 13.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2022
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong pricing power and effective cost management within the express network.

Detailed definition

This metric measures the profitability of the express delivery segment by subtracting operating expenses from segment re...

Peer comparison

Equivalent to 'Segment Operating Profit' or 'EBIT' for business units at major global shipping and freight companies.

Metric ID: fdx_segment_total_federal_express_segment_operating_income_loss

Historical Data

15 periods
 Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.05B$1.05B$1.05B$1.05B$1.31B$1.04B$1.17B$1.31B$953.00M$1.05B$1.29B$1.59B$1.14B$1.55B$1.57B
QoQ Change+0.0%+0.0%+0.0%+24.6%-20.8%+13.3%+11.3%-27.0%+10.4%+23.0%+22.6%-28.2%+36.3%+1.4%
YoY Change+24.6%-1.3%+11.9%+24.5%-27.0%+1.6%+10.3%+21.5%+19.4%+47.4%+21.5%
Range$953.00M$1.59B
CAGR+12.3%
Avg YoY Growth+14.0%
Median YoY Growth+19.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is FedEx's federal express — operating income (loss)?
FedEx (FDX) reported federal express — operating income (loss) of $1.57B in Q1 2026.
How has FedEx's federal express — operating income (loss) changed year-over-year?
FedEx's federal express — operating income (loss) increased by 21.5% year-over-year, from $1.29B to $1.57B.
What is the long-term trend for FedEx's federal express — operating income (loss)?
Over 2 years (2024 to 2026), FedEx's federal express — operating income (loss) has grown at a 13.2% compound annual growth rate (CAGR), from $4.56B to $5.85B.
What does federal express — operating income (loss) mean?
The profit or loss generated by the express delivery segment from its core operations.