FedEx (FDX) income statement
NYSE · Industrials · Integrated Freight & Logistics · 530,000 employees · CEO Rajesh Subramaniam
- Price
- $313.28 +1.77%
- Market cap
- $73.4B
- Enterprise value
- $99.5B
- Last report
- Q1 '27 filed 2026-10-28
- Next report
- 2027-02-02 EPS est. $6.40
FedEx (FDX) reported revenue of $22.9B for Q1 '27 (+2.7% year on year), operating income of $1.07B (4.7% of revenue) and net income of $290M. Over the last four quarters revenue was –.
Income statement
| Income statement | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.2B | $21.7B | $22.1B | $21.6B | $22B | $22.2B | $22.2B | $22.2B | $23.5B | $24B | $25B | $22.9B | |
| Cost of revenue | $17.6B | $17.2B | $17B | $17.2B | $17.4B | $17.4B | $16.9B | $17.6B | $17.3B | $18.9B | $19.3B | $21.8B | |
| Gross profit | $4.58B | $4.54B | $5.12B | $4.38B | $4.58B | $4.73B | $5.31B | $4.69B | $6.2B | $5.12B | $5.67B | $1.07B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.58B | $0 | |
| Operating expenses | $3.16B | $3.18B | $3.14B | $3.17B | $3.2B | $3.26B | $3.32B | $3.4B | $4.82B | $3.51B | $3.58B | $0 | |
| Operating income | $1.42B | $1.36B | $1.99B | $1.21B | $1.38B | $1.47B | $1.99B | $1.3B | $1.38B | $1.62B | $2.09B | $1.07B | |
| Interest expense | $97M | $91M | $96M | $84M | $102M | $116M | $124M | $119M | $135M | $138M | $140M | $66M | |
| Other non-operating income (gains on investments, FX ...) | $122M | $83M | -$137M | $68M | $295M | $174M | -$360M | $45M | $89M | $0 | $0 | $577M | |
| Total non-operating income | -$219M | -$174M | $41M | -$152M | -$397M | -$290M | $236M | -$164M | -$89M | -$352M | $19M | -$643M | |
| Income before tax | $1.2B | $1.18B | $2.03B | $1.06B | $981M | $1.18B | $2.22B | $1.13B | $1.29B | $1.26B | $2.11B | $424M | |
| Income tax | $302M | $304M | $554M | $262M | $240M | $272M | $575M | $310M | $333M | $207M | $510M | $134M | |
| Net income | $900M | $879M | $1.47B | $794M | $741M | $909M | $1.65B | $824M | $956M | $1.06B | $1.6B | $290M | |
| EPS (basic) | $3.59 | $3.55 | $5.94 | $3.24 | $3.07 | $3.79 | $6.92 | $3.48 | $3.93 | $4.35 | $6.60 | $1.23 | |
| EPS (diluted) | $3.55 | $3.51 | $5.94 | $3.21 | $3.03 | $3.76 | $6.88 | $3.46 | $3.93 | $4.35 | $6.60 | $1.21 | |
| Shares (basic, weighted) | 250M | 247M | 246M | 247M | 242M | 240M | 238M | 243M | 243M | 243M | 241M | 236M | |
| Shares (diluted, weighted) | 253M | 250M | 248M | 247M | 244M | 244M | 238M | 243M | 243M | 243M | 241M | 239M | |
| Depreciation & amortization | $1.04B | $1.07B | $1.1B | $1.08B | $1.06B | $1.07B | $1.06B | $1.09B | $1.07B | $1.11B | $1.1B | $967M | |
| EBITDA | $2.34B | $2.35B | $3.23B | $2.22B | $2.15B | $2.36B | $3.4B | $2.35B | $2.36B | $2.73B | $3.19B | $1.46B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.3B | $65.5B | $69.7B | $69.2B | $83.8B | $93.5B | $90.2B | $87.7B | $87.9B | $94.7B | |
| Cost of revenue | $46.6B | $51.3B | $54.9B | $55.9B | $66B | $73.3B | $71B | $68.7B | $68.9B | $74.1B | |
| Gross profit | $13.8B | $14.1B | $14.8B | $13.3B | $17.8B | $20.2B | $19.2B | $19B | $19B | $20.6B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14B | |
| Operating expenses | $8.34B | $8.97B | $10B | $10.5B | $11.8B | $13.6B | $13.8B | $12.6B | $12.9B | $14B | |
| Operating income | $5.43B | $5.13B | $4.79B | $2.85B | $6.02B | $6.52B | $5.34B | $6.36B | $6.08B | $6.62B | |
| Interest income | $33M | $48M | $59M | $55M | $52M | $53M | $198M | $370M | $363M | $0 | |
| Interest expense | $512M | $558M | $588M | $672M | $793M | $689M | $694M | $745M | $789M | $533M | |
| Other non-operating income (gains on investments, FX ...) | $334M | $218M | $3.54B | $511M | -$1.45B | $938M | -$719M | -$226M | -$148M | -$140M | |
| Total non-operating income | -$846M | -$776M | -$4.13B | -$1.18B | $656M | -$1.63B | $25M | -$519M | -$641M | -$830M | |
| Income before tax | $4.58B | $4.35B | $655M | $1.67B | $6.67B | $4.9B | $5.36B | $5.84B | $5.44B | $5.79B | |
| Income tax | $1.58B | -$219M | $115M | $383M | $1.44B | $1.07B | $1.39B | $1.51B | $1.35B | $1.36B | |
| Net income | $3B | $4.57B | $540M | $1.29B | $5.23B | $3.83B | $3.97B | $4.33B | $4.09B | $4.43B | |
| EPS (basic) | $11.24 | $17.12 | $2.06 | $4.92 | $19.77 | $14.52 | $15.61 | $17.44 | $16.96 | $18.55 | |
| EPS (diluted) | $11.07 | $16.81 | $2.04 | $4.90 | $19.48 | $14.36 | $15.49 | $17.21 | $16.81 | $18.55 | |
| Shares (basic, weighted) | 266M | 267M | 262M | 261M | 264M | 263M | 254M | 248M | 243M | 239M | |
| Shares (diluted, weighted) | 270M | 272M | 265M | 262M | 268M | 266M | 256M | 251M | 243M | 239M | |
| Depreciation & amortization | $3B | $3.1B | $3.35B | $3.62B | $3.79B | $3.97B | $4.18B | $4.29B | $4.26B | $4.37B | |
| EBITDA | $8.09B | $8.01B | $4.6B | $5.96B | $11.3B | $9.56B | $10.2B | $10.9B | $10.5B | $11.1B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-K 2026-05-31, 10-Q 2026-02-28, 10-Q 2025-11-30, 10-Q 2025-08-31, 10-K 2025-05-31, 10-Q 2025-02-28, 10-Q 2024-11-30, 10-Q 2024-08-31
Data as of 2026-11-01