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Operating Expenses

Total costs & expenses

FedEx Total costs & expenses increased by 2.5% to $22.65B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $20.87B to $22.65B. Over 4 years (FY 2021 to FY 2025), Total costs & expenses shows relatively stable performance with a 1.4% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2015
Last reportedQ3 2026Mar 19, 2026
Metric ID: total_costs_and_expenses

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$20.77B$20.61B$21.88B$22.32B$22.47B$22.05B$21.64B$21.13B$20.43B$20.2B$20.89B$20.5B$20.55B$20.5B$20.92B$20.87B$20.43B$21.06B$22.09B$22.65B
QoQ Change-0.8%+6.2%+2.0%+0.7%-1.9%-1.9%-2.4%-3.3%-1.1%+3.4%-1.9%+0.3%-0.3%+2.0%-0.2%-2.1%+3.1%+4.9%+2.5%
YoY Change+8.2%+7.0%-1.1%-5.3%-9.1%-8.4%-3.5%-3.0%+0.6%+1.5%+0.1%+1.8%-0.6%+2.7%+5.6%+8.5%
Range$20.2B$22.65B
CAGR+1.8%
Avg YoY Growth+0.3%
Median YoY Growth+0.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is FedEx's total costs & expenses?
FedEx (FDX) reported total costs & expenses of $22.65B in Q4 2025.
How has FedEx's total costs & expenses changed year-over-year?
FedEx's total costs & expenses increased by 8.5% year-over-year, from $20.87B to $22.65B.
What is the long-term trend for FedEx's total costs & expenses?
Over 4 years (2021 to 2025), FedEx's total costs & expenses has grown at a 1.4% compound annual growth rate (CAGR), from $78.1B to $82.71B.