FEDEX CORP

For the period ended Feb 28, 2026. Filed Mar 19, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Feb 28, 2026 · Filed Mar 19, 2026

FDX$319.48+0.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

	Three Months Ended		Nine Months Ended
	February 28, 2026	February 28, 2025	February 28, 2026	February 28, 2025
REVENUE	$24,000	$22,160	$69,713	$65,706
OPERATING EXPENSES:
Salaries and employee benefits	8,819	7,879	25,276	23,543
Purchased transportation	6,084	5,634	17,457	16,409
Rentals and landing fees	1,235	1,178	3,638	3,507
Depreciation and amortization	1,112	1,066	3,272	3,207
Fuel	856	889	2,618	2,911
Maintenance and repairs	771	783	2,503	2,443
Separation and other costs	202	5	460	5
Business optimization costs	65	179	162	633
Other	3,508	3,255	10,415	9,624
	22,652	20,868	65,801	62,282
OPERATING INCOME	1,348	1,292	3,912	3,424
OTHER (EXPENSE) INCOME:
Interest, net	(138)	(116)	(392)	(302)
Other retirement plans, net	59	50	178	149
Other, net	(6)	(45)	(12)	(53)
	(85)	(111)	(226)	(206)
INCOME BEFORE INCOME TAXES	1,263	1,181	3,686	3,218
PROVISION FOR INCOME TAXES	207	272	850	774
NET INCOME	$1,056	$909	$2,836	$2,444
EARNINGS PER COMMON SHARE:
Basic	$4.46	$3.79	$12.01	$10.09
Diluted	$4.41	$3.76	$11.91	$9.99
DIVIDENDS DECLARED PER COMMON SHARE	$1.45	$1.38	$5.80	$5.52

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ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.