FedEx Federal Express segment — Intercompany allocations increased by 10.0% to -$206.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from -$199.00M to -$206.00M. Over 2 years (FY 2024 to FY 2026), Federal Express segment — Intercompany allocations shows a downward trend with a 12.5% CAGR.
Changes reflect shifts in corporate cost-sharing policies or the scale of shared services provided to the segment.
This reflects the net impact of shared services, corporate overhead, or cross-segment support costs allocated to the exp...
Comparable to corporate overhead allocations at diversified conglomerates.
fdx_segment_total_federal_express_segment_intercompany_allocations| 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 | -$172.25M | -$172.25M | -$172.25M | -$172.25M | -$171.00M | -$171.00M | -$171.00M | -$171.00M | -$187.00M | -$205.00M | -$199.00M | -$200.00M | -$233.00M | -$229.00M | -$206.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.7% | +0.0% | +0.0% | +0.0% | -9.4% | -9.6% | +2.9% | -0.5% | -16.5% | +1.7% | +10.0% |
| YoY Change | — | — | — | — | +0.7% | +0.7% | +0.7% | +0.7% | -9.4% | -19.9% | -16.4% | -17.0% | -24.6% | -11.7% | -3.5% |