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Business Segments · Total Costs & Expenses

Total Federal Express segment — Total Costs & Expenses

FedEx Total Federal Express segment — Total Costs & Expenses increased by 3.7% to $19.58B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $17.89B to $19.58B. Over 2 years (FY 2023 to FY 2025), Total Federal Express segment — Total Costs & Expenses shows relatively stable performance with a -0.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ3 2026Mar 19, 2026

How to read this metric

A decrease relative to revenue indicates improved operational efficiency, whereas an increase may signal rising input costs or scaling challenges.

Detailed definition

This metric aggregates all operating costs directly attributable to the express delivery segment, including fuel, labor,...

Peer comparison

Comparable to 'Operating Expenses' or 'Cost of Services' for specific business segments in the transportation and logistics industry.

Metric ID: fdx_segment_total_federal_express_segment_costs_and_expenses

Historical Data

15 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '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%
Range$17.35B$19.58B
CAGR+2.6%
Avg YoY Growth+1.1%
Median YoY Growth-0.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is FedEx's total federal express segment — total costs & expenses?
FedEx (FDX) reported total federal express segment — total costs & expenses of $19.58B in Q4 2025.
How has FedEx's total federal express segment — total costs & expenses changed year-over-year?
FedEx's total federal express segment — total costs & expenses increased by 9.5% year-over-year, from $17.89B to $19.58B.
What is the long-term trend for FedEx's total federal express segment — total costs & expenses?
Over 2 years (2023 to 2025), FedEx's total federal express segment — total costs & expenses has grown at a -0.9% compound annual growth rate (CAGR), from $71.69B to $70.42B.
What does total federal express segment — total costs & expenses mean?
The total operating expenses incurred to run the express delivery business segment.