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Business Segments · Operating Income (Loss)

Total Federal Express segment — Operating Income (Loss)

FedEx Total Federal Express segment — Operating Income (Loss) increased by 1.4% to $1.57B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.5%, from $1.29B to $1.57B. Over 2 years (FY 2023 to FY 2025), Total Federal Express segment — Operating Income (Loss) shows an upward trend with a 7.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026Mar 19, 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong pricing power and effective cost management within the express network.

Detailed definition

This metric measures the profitability of the express delivery segment by subtracting operating expenses from segment re...

Peer comparison

Equivalent to 'Segment Operating Profit' or 'EBIT' for business units at major global shipping and freight companies.

Metric ID: fdx_segment_total_federal_express_segment_operating_income_loss

Historical Data

15 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.05B$1.05B$1.05B$1.05B$1.31B$1.04B$1.17B$1.31B$953M$1.05B$1.29B$1.59B$1.14B$1.55B$1.57B
QoQ Change+0.0%+0.0%+0.0%+24.6%-20.8%+13.3%+11.3%-27.0%+10.4%+23.0%+22.6%-28.2%+36.3%+1.4%
YoY Change+24.6%-1.3%+11.9%+24.5%-27.0%+1.6%+10.3%+21.5%+19.4%+47.4%+21.5%
Range$953M$1.59B
CAGR+12.3%
Avg YoY Growth+14.0%
Median YoY Growth+19.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is FedEx's total federal express segment — operating income (loss)?
FedEx (FDX) reported total federal express segment — operating income (loss) of $1.57B in Q4 2025.
How has FedEx's total federal express segment — operating income (loss) changed year-over-year?
FedEx's total federal express segment — operating income (loss) increased by 21.5% year-over-year, from $1.29B to $1.57B.
What is the long-term trend for FedEx's total federal express segment — operating income (loss)?
Over 2 years (2023 to 2025), FedEx's total federal express segment — operating income (loss) has grown at a 7.9% compound annual growth rate (CAGR), from $4.19B to $4.89B.
What does total federal express segment — operating income (loss) mean?
The profit or loss generated by the express delivery segment from its core operations.