Skip to content
Business Segments · Operating Income (Loss)

FedEx Freight segment — Operating Income (Loss)

FedEx FedEx Freight segment — Operating Income (Loss) decreased by 91.1% to $8M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 96.9%, from $261M to $8M. Over 4 years (FY 2021 to FY 2025), FedEx Freight segment — Operating Income (Loss) shows an upward trend with a 10.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2026Mar 19, 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
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$360M$390M$334M$337M$602M$651M$440M$386M$459M$482M$491M$341M$507M$439M$312M$261M$477M$360M$90M$8M
QoQ Change+8.3%-14.4%+0.9%+78.6%+8.1%-32.4%-12.3%+18.9%+5.0%+1.9%-30.5%+48.7%-13.4%-28.9%-16.3%+82.8%-24.5%-75.0%-91.1%
YoY Change+67.2%+66.9%+31.7%+14.5%-23.8%-26.0%+11.6%-11.7%+10.5%-8.9%-36.5%-23.5%-5.9%-18.0%-71.2%-96.9%
Range$8M$651M
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 segment — operating income (loss)?
FedEx (FDX) reported fedex freight segment — operating income (loss) of $8M in Q4 2025.
How has FedEx's fedex freight segment — operating income (loss) changed year-over-year?
FedEx's fedex freight segment — operating income (loss) decreased by 96.9% year-over-year, from $261M to $8M.
What is the long-term trend for FedEx's fedex freight segment — operating income (loss)?
Over 4 years (2021 to 2025), FedEx's fedex freight segment — operating income (loss) has grown at a 10.3% compound annual growth rate (CAGR), from $1.01B to $1.49B.
What does fedex freight segment — operating income (loss) mean?
The profit or loss generated specifically by the freight shipping business segment.