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FedEx FDX FedEx Freight And FedEx Express Segments — Revenue

Other segment segments

Total Federal Express segment
$21.57B+13.7%
FedEx Freight segment
$2.41B+4.8%

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Other financials

Income statement

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Revenue$25.0B+12.5%
Operating income$1.6B-13.5%
Net income$1.6B-3.1%
EPS (diluted)$6.64-2.6%

Balance sheet

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Cash & equivalents$13.3B+142%
Total debt$42.8B+16.7%
Total equity$31.6B+12.7%
Total assets$98.9B+12.9%

Cash flow

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Operating cash flow$3.3B+29.6%
CapEx$1.5B+0.1%
Free cash flow$1.8B+71.2%

Valuation

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Market cap$72.73B+42.6%
Enterprise value$102.2B+24.4%
P/E16.4×+3.9×
P/S0.8×+0.2×

Profitability

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Gross margin76%
Operating margin5.8%-0.2pp
Net margin4.7%0.0pp
FCF margin5.4%+2.0pp

Returns & leverage

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Return on equity14.8%+0.1pp
Debt / equity1.4×0.0×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by FedEx in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: FedEx’s 10-K, filed July 20, 2026.

Filed
Jul 20, 2026, 4:14 PM EDT
Fiscal year
FY2026
Accession
0001048911-26-000105
Line item202620252024
Reconciliation of segment revenue:
Total Federal Express and FedEx Freight revenue$91,068$84,196$84,092
Other revenues(1)3,6523,7303,601
Total consolidated revenue$94,720$87,926$87,693
Reconciliation of segment operating income to income before income taxes:
Total Federal Express and FedEx Freight operating income$6,528$6,374$6,640
Other operating loss(1)(1,065)(1,157)(1,081)
Operating income5,4635,2175,559

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is FedEx's fedex freight and fedex express segments — revenue?
FedEx (FDX) reported fedex freight and fedex express segments — revenue of $23.98B in Q1 2026.
How has FedEx's fedex freight and fedex express segments — revenue changed year-over-year?
FedEx's fedex freight and fedex express segments — revenue increased by 12.7% year-over-year, from $21.27B to $23.98B.
What is the long-term trend for FedEx's fedex freight and fedex express segments — revenue?
Over 2 years (2024 to 2026), FedEx's fedex freight and fedex express segments — revenue has grown at a 4.1% compound annual growth rate (CAGR), from $84.09B to $91.07B.
What does fedex freight and fedex express segments — revenue mean?
This metric represents the aggregate top-line revenue generated by the company's primary express delivery and less-than-truckload freight shipping segments. It captures the total value of services provided to customers for time-definite, global, and regional logistics solutions. This figure serves as a key indicator of market demand and the company's ability to capture volume across its core transportation networks.

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