Revenue
22.9 billion USD
2026 Q3 · USD
Exact inputs and evidence
- Revenue: 22855000000 USD Source
Fundies. English
FEDEX CORP
EDGARAnnual consolidated revenue for 2026: about USD 94.72B, using the latest reported figures. The previous period, 2025, was about USD 87.93B.
Latest quarter
- Cash and cash equivalents
- 7.96 billion USD Source
Exact value
7961000000 USD
- Long-term debt including current maturities
- 23.5 billion USD Source
Exact value
23455000000 USD
- Shares outstanding
- Not available
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Operating cash flow
8.93 billion USD
2025-06-01 – 2026-05-31
Exact inputs and evidence
- Operating cash flow: 1716000000 USD · 2025-06-01 – 2025-08-31 Source
- Operating cash flow: 3667000000 USD · 2025-06-01 – 2025-11-30 Source
- Operating cash flow: 1716000000 USD · 2025-06-01 – 2025-08-31 Source
- Operating cash flow: 5660000000 USD · 2025-06-01 – 2026-02-28 Source
- Operating cash flow: 3667000000 USD · 2025-06-01 – 2025-11-30 Source
- Operating cash flow: 8925000000 USD · 2025-06-01 – 2026-05-31 Source
- Operating cash flow: 5660000000 USD · 2025-06-01 – 2026-02-28 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-28.
Financial data available through: 2026-05-31.
Coverage by financial measure
- Revenue: 11 of 11 periods available· newest 2026-05-31
- Operating income: 11 of 11 periods available· newest 2026-05-31
- Net income: 11 of 11 periods available· newest 2026-05-31
- Operating cash flow: 11 of 11 periods available· newest 2026-05-31
- capital expenditure: No compatible figures in this window
- Total assets: 11 of 11 periods available· newest 2026-05-31
- liabilities: No compatible figures in this window
- Current assets: 11 of 11 periods available· newest 2026-05-31
- Current liabilities: 11 of 11 periods available· newest 2026-05-31
- Cash and cash equivalents: 11 of 11 periods available· newest 2026-05-31
- Long-term debt including current maturities: 11 of 11 periods available· newest 2026-05-31
- shares outstanding: No compatible figures in this window
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+7.7%Prior period
USD 87.93 billion
–
Current period
USD 94.72 billion
–
Exact inputs and evidence
94720000000 − 87926000000 = 6794000000 USD
87926000000 USD · 2024-06-01 – 2025-05-31
Inspect prior input Prior source94720000000 USD · 2025-06-01 – 2026-05-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+8.3%Prior period
USD 4.09 billion
–
Current period
USD 4.43 billion
–
Exact inputs and evidence
4433000000 − 4092000000 = 341000000 USD
4092000000 USD · 2024-06-01 – 2025-05-31
Inspect prior input Prior source4433000000 USD · 2025-06-01 – 2026-05-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+26.8%Prior period
USD 7.04 billion
–
Current period
USD 8.93 billion
–
Exact inputs and evidence
8925000000 − 7036000000 = 1889000000 USD
7036000000 USD · 2024-06-01 – 2025-05-31
Inspect prior input Prior source8925000000 USD · 2025-06-01 – 2026-05-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2026 2025-06-01 – 2026-05-31
- Revenue USD 94.72 billion 100% of revenue
- Operating costs Derived USD 89.26 billion 94% of revenue
- Operating income USD 5.46 billion 5.8% of revenue
- Tax, interest and other Derived USD 1.03 billion 1.1% of revenue
- Net income USD 4.43 billion 4.7% of revenue
Cash
- Operating cash flow USD 8.93 billion 9.4% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2017 92%
- 2018 Net income was higher than operating income, so the split is not drawn.
- 2019 94%
- 2020 97%
- 2021 93%
- 2022 93%
- 2023 95%
- 2024 94%
- 2025 94%
- 2026 94%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2017 2016-06-01 – 2017-05-31 | 60319000000 | 55753000000 Derived | 4566000000 | 1569000000 Derived | 2997000000 | Unavailable | Source
|
| 2018 2017-06-01 – 2018-05-31 | 65450000000 | 61178000000 Derived | 4272000000 | -300000000 Derived | 4572000000 | Unavailable | Source
|
| 2019 2018-06-01 – 2019-05-31 | 69693000000 | 65227000000 Derived | 4466000000 | 3926000000 Derived | 540000000 | Unavailable | Source
|
| 2020 2019-06-01 – 2020-05-31 | 69217000000 | 66800000000 Derived | 2417000000 | 1131000000 Derived | 1286000000 | Unavailable | Source
|
| 2021 2020-06-01 – 2021-05-31 | 83959000000 | 78102000000 Derived | 5857000000 | 626000000 Derived | 5231000000 | Unavailable | Source
|
| 2022 2021-06-01 – 2022-05-31 | 93512000000 | 87267000000 Derived | 6245000000 | 2419000000 Derived | 3826000000 | Unavailable | Source
|
| 2023 2022-06-01 – 2023-05-31 | 90155000000 | 85243000000 Derived | 4912000000 | 940000000 Derived | 3972000000 | Unavailable | Source
|
| 2024 2023-06-01 – 2024-05-31 | 87693000000 | 82134000000 Derived | 5559000000 | 1228000000 Derived | 4331000000 | Unavailable | Source
|
| 2025 2024-06-01 – 2025-05-31 | 87926000000 | 82709000000 Derived | 5217000000 | 1125000000 Derived | 4092000000 | Unavailable | Source
|
| 2026 2025-06-01 – 2026-05-31 | 94720000000 | 89257000000 Derived | 5463000000 | 1030000000 Derived | 4433000000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 94.7B 2026
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Revenue | 60319000000 |
|
| 2018 | Revenue | 65450000000 |
|
| 2019 | Revenue | 69693000000 |
|
| 2020 | Revenue | 69217000000 |
|
| 2021 | Revenue | 83959000000 |
|
| 2022 | Revenue | 93512000000 |
|
| 2023 | Revenue | 90155000000 |
|
| 2024 | Revenue | 87693000000 |
|
| 2025 | Revenue | 87926000000 |
|
| 2026 | Revenue | 94720000000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
7.7% 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Year over year | 19.8% |
|
| 2018 | Year over year | 8.5% |
|
| 2019 | Year over year | 6.5% |
|
| 2020 | Year over year | -0.7% |
|
| 2021 | Year over year | 21.3% |
|
| 2022 | Year over year | 11.4% |
|
| 2023 | Year over year | -3.6% |
|
| 2024 | Year over year | -2.7% |
|
| 2025 | Year over year | 0.3% |
|
| 2026 | Year over year | 7.7% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 5.8% 2026
Net margin 4.7% 2026
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Operating margin | 7.6% |
|
| 2018 | Operating margin | 6.5% |
|
| 2019 | Operating margin | 6.4% |
|
| 2020 | Operating margin | 3.5% |
|
| 2021 | Operating margin | 7% |
|
| 2022 | Operating margin | 6.7% |
|
| 2023 | Operating margin | 5.4% |
|
| 2024 | Operating margin | 6.3% |
|
| 2025 | Operating margin | 5.9% |
|
| 2026 | Operating margin | 5.8% |
|
| 2017 | Net margin | 5% |
|
| 2018 | Net margin | 7% |
|
| 2019 | Net margin | 0.8% |
|
| 2020 | Net margin | 1.9% |
|
| 2021 | Net margin | 6.2% |
|
| 2022 | Net margin | 4.1% |
|
| 2023 | Net margin | 4.4% |
|
| 2024 | Net margin | 4.9% |
|
| 2025 | Net margin | 4.7% |
|
| 2026 | Net margin | 4.7% |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
| 2026 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 8.9B 2026
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Operating cash flow | 4930000000 |
|
| 2018 | Operating cash flow | 4674000000 |
|
| 2019 | Operating cash flow | 5613000000 |
|
| 2020 | Operating cash flow | 5097000000 |
|
| 2021 | Operating cash flow | 10135000000 |
|
| 2022 | Operating cash flow | 9832000000 |
|
| 2023 | Operating cash flow | 8848000000 |
|
| 2024 | Operating cash flow | 8312000000 |
|
| 2025 | Operating cash flow | 7036000000 |
|
| 2026 | Operating cash flow | 8925000000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
| 2026 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017-05-31 | Liabilities / assets | Not reported |
|
| 2018-05-31 | Liabilities / assets | Not reported |
|
| 2019-05-31 | Liabilities / assets | Not reported |
|
| 2020-05-31 | Liabilities / assets | Not reported |
|
| 2021-05-31 | Liabilities / assets | Not reported |
|
| 2022-05-31 | Liabilities / assets | Not reported |
|
| 2023-05-31 | Liabilities / assets | Not reported |
|
| 2024-05-31 | Liabilities / assets | Not reported |
|
| 2025-05-31 | Liabilities / assets | Not reported |
|
| 2026-05-31 | Liabilities / assets | Not reported |
|
Current assets to current liabilities
Current assets divided by current liabilities.
1.48× 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Current assets / current liabilities | 1.59× |
|
| 2018 | Current assets / current liabilities | 1.39× |
|
| 2019 | Current assets / current liabilities | 1.45× |
|
| 2020 | Current assets / current liabilities | 1.58× |
|
| 2021 | Current assets / current liabilities | 1.51× |
|
| 2022 | Current assets / current liabilities | 1.43× |
|
| 2023 | Current assets / current liabilities | 1.37× |
|
| 2024 | Current assets / current liabilities | 1.36× |
|
| 2025 | Current assets / current liabilities | 1.19× |
|
| 2026 | Current assets / current liabilities | 1.48× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2017 2016-06-01 – 2017-05-31 | USD 3 billion Exact valueExact value: 2997000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.93 billion Exact valueExact value: 4930000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2017-06-01 – 2018-05-31 | USD 4.57 billion Exact valueExact value: 4572000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.67 billion Exact valueExact value: 4674000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2018-06-01 – 2019-05-31 | USD 540 million Exact valueExact value: 540000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.61 billion Exact valueExact value: 5613000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2019-06-01 – 2020-05-31 | USD 1.29 billion Exact valueExact value: 1286000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.1 billion Exact valueExact value: 5097000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2020-06-01 – 2021-05-31 | USD 5.23 billion Exact valueExact value: 5231000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 10.14 billion Exact valueExact value: 10135000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2021-06-01 – 2022-05-31 | USD 3.83 billion Exact valueExact value: 3826000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 9.83 billion Exact valueExact value: 9832000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2022-06-01 – 2023-05-31 | USD 3.97 billion Exact valueExact value: 3972000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.85 billion Exact valueExact value: 8848000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2023-06-01 – 2024-05-31 | USD 4.33 billion Exact valueExact value: 4331000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.31 billion Exact valueExact value: 8312000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2024-06-01 – 2025-05-31 | USD 4.09 billion Exact valueExact value: 4092000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 7.04 billion Exact valueExact value: 7036000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2026 2025-06-01 – 2026-05-31 | USD 4.43 billion Exact valueExact value: 4433000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.93 billion Exact valueExact value: 8925000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
168 filings · 14,385 latest values · 14,385 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001048911, 1048911, FDX, edgar:1048911
Also known as FDX CORP, FEDEX CORP, FEDEX CORPORATION, FedEx Corporation