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

- Company: FedEx Corporation (FDX)
- Period: 2024-06-01 to 2024-08-31
- Filing: Q1 FY2025 10-Q, filed 2024-09-19, accession number 0000950170-24-108107
- Page: https://plicit.ai/financials/fdx/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/fdx-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.