FedEx FedEx Freight Segment — Total Costs & Expenses decreased by 3.2% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $1.83B to $1.98B. Over 2 years (FY 2024 to FY 2026), FedEx Freight Segment — Total Costs & Expenses shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests margin compression or rising operational inefficiencies, while a decrease may indicate improved cost management or reduced volume.
This metric represents the total operating costs and expenses incurred by the less-than-truckload (LTL) shipping divisio...
Comparable to operating expenses in the LTL or heavy-freight segments of logistics competitors like UPS or Old Dominion Freight Line.
fdx_segment_fedex_freight_segment_costs_and_expenses| 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 | $2.04B | $2.04B | $2.04B | $2.04B | $1.90B | $1.90B | $1.90B | $1.90B | $1.89B | $1.87B | $1.83B | $1.82B | $1.90B | $2.05B | $1.98B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -6.6% | +0.0% | +0.0% | +0.0% | -0.6% | -1.3% | -2.0% | -0.4% | +4.2% | +8.0% | -3.2% |
| YoY Change | — | — | — | — | -6.6% | -6.6% | -6.6% | -6.6% | -0.6% | -1.9% | -3.9% | -4.3% | +0.4% | +9.9% | +8.5% |