FedEx Federal Express segment — Total Costs & Expenses increased by 3.7% to $19.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $17.89B to $19.58B. Over 2 years (FY 2024 to FY 2026), Federal Express segment — Total Costs & Expenses shows relatively stable performance with a 2.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue indicates improved operational efficiency, whereas an increase may signal rising input costs or scaling challenges.
This metric aggregates all operating costs directly attributable to the express delivery segment, including fuel, labor,...
Comparable to 'Operating Expenses' or 'Cost of Services' for specific business segments in the transportation and logistics industry.
fdx_segment_total_federal_express_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 | $17.92B | $17.92B | $17.92B | $17.92B | $17.46B | $17.46B | $17.46B | $17.46B | $17.35B | $17.79B | $17.89B | $17.39B | $17.98B | $18.88B | $19.58B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -2.6% | +0.0% | +0.0% | +0.0% | -0.6% | +2.5% | +0.6% | -2.8% | +3.4% | +5.0% | +3.7% |
| YoY Change | — | — | — | — | -2.6% | -2.6% | -2.6% | -2.6% | -0.6% | +1.9% | +2.4% | -0.4% | +3.6% | +6.1% | +9.5% |