FedEx Corporation (FDX) FY2025 Q1 P&L / Income Statement

FedEx Corporation (FDX) FY2025 Q1 P&L / Income Statement

Income statement for 2024-06-01 through 2024-08-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

REVENUE

21,579,000,000 US dollars

OPERATING EXPENSES

20,499,000,000 US dollars

OPERATING INCOME

1,080,000,000 US dollars

OTHER (EXPENSE) INCOME

negative 24,000,000 US dollars

INCOME BEFORE INCOME TAXES

1,056,000,000 US dollars

PROVISION FOR INCOME TAXES

262,000,000 US dollars

NET INCOME

794,000,000 US dollars

Federal Express Segment

18,305,000,000 US dollars

FedEx Freight Segment

2,329,000,000 US dollars

Salaries and employee benefits

7,785,000,000 US dollars

Purchased transportation

5,275,000,000 US dollars

Rentals and landing fees

1,161,000,000 US dollars

Depreciation and amortization

1,078,000,000 US dollars

Fuel

1,075,000,000 US dollars

Maintenance and repairs

829,000,000 US dollars

Business optimization costs

128,000,000 US dollars

Other

3,168,000,000 US dollars

Revenue before reconciliation (calculated)

20,634,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Other and eliminations

945,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.