FedEx Corporation (FDX) FY2026 Annual P&L / Income Statement
2025-06-01 to 2026-05-31
Revenue by Geography
2025-06-01 to 2026-05-31
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FedEx Corporation (FDX) FY2026 Annual P&L / Income Statement
Income statement for 2025-06-01 through 2026-05-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- REVENUE
- 94,720,000,000 US dollars
- Total operating expenses
- 89,257,000,000 US dollars
- OPERATING INCOME
- 5,463,000,000 US dollars
- Total other (expense) income
- 330,000,000 US dollars
- INCOME BEFORE INCOME TAXES
- 5,793,000,000 US dollars
- PROVISION FOR INCOME TAXES
- 1,360,000,000 US dollars
- NET INCOME
- 4,433,000,000 US dollars
- UNITED STATES
- 67,944,000,000 US dollars
- International
- 26,776,000,000 US dollars
- Salaries and employee benefits
- 33,844,000,000 US dollars
- Purchased transportation
- 23,620,000,000 US dollars
- Rentals and landing fees
- 4,883,000,000 US dollars
- Depreciation and amortization
- 4,369,000,000 US dollars
- Fuel
- 4,052,000,000 US dollars
- Maintenance and repairs
- 3,330,000,000 US dollars
- Separation and other costs
- 771,000,000 US dollars
- Business optimization and realignment costs
- 366,000,000 US dollars
- Goodwill and other asset impairment charges
- 23,000,000 US dollars
- Other
- 13,999,000,000 US dollars
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.

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Operating margin
5.8%
Operating profit / revenue
Cash conversion
201.3%
Operating cash / net income, same period
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