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FedEx Corp

FDX
Exchange
NYSE
Industry
Air Courier Services
SEC CIK
0001048911

In the last 90 days, FedEx Corp insiders filed 0 open-market purchases and 2 sales; 1,973 institutions reported holding it in 13F filings for Q2 2026, worth $59.9B in total; 3 superinvestors hold it, including Gates Foundation Trust and Viking Global Investors.

Currency
USD
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 29, 2026, 1:13 AM ET

Revenue flow, FY2026

Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of FedEx Corp, annual
Line itemFY2026FY2025FY2024FY2023FY2022
Period endMay 31, 2026May 31, 2025May 31, 2024May 31, 2023May 31, 2022
Filing10-K10-K10-K10-K10-K
ReportedJun 23, 2026Jun 24, 2025Jun 25, 2024Jun 20, 2023Jun 23, 2022
Revenue$94.7B$87.9B$87.7B$90.2B$93.5B
Operating income$5.46B$5.22B$5.56B$4.91B$6.25B
Interest expense––$745.0M$694.0M$689.0M
Income tax$1.36B$1.35B$1.50B$1.39B$1.07B
Net income$4.43B$4.09B$4.33B$3.97B$3.83B
EPS, basic$18.71$16.96$17.41$15.60$14.54
EPS, diluted$18.55$16.81$17.21$15.48$14.33
Weighted shares, basic237.0M241.0M248.0M254.0M263.0M
Weighted shares, diluted239.0M243.0M251.0M256.0M266.0M
Margins and growth
Operating margin5.8%5.9%6.3%5.4%6.7%
Net margin4.7%4.7%4.9%4.4%4.1%
Revenue growth, year over year+7.7%+0.3%−2.7%−3.6%+11.4%
Net income growth, year over year+8.3%−5.5%+9.0%+3.8%−26.9%

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of FedEx Corp, annual
Line itemFY2026FY2025FY2024FY2023FY2022
Period endMay 31, 2026May 31, 2025May 31, 2024May 31, 2023May 31, 2022
Filing10-K10-K10-K10-K10-K
ReportedJun 23, 2026Jun 24, 2025Jun 25, 2024Jun 20, 2023Jun 23, 2022
Cash and equivalents$13.3B$5.50B$6.50B$6.86B$6.90B
Accounts receivable$12.7B$11.4B$10.1B$10.2B$11.9B
Total current assets$27.9B$18.4B$18.2B$18.6B$20.4B
Property, plant and equipment–$41.6B$41.5B$40.7B$38.1B
Goodwill$6.73B$6.60B$6.42B$6.43B$6.54B
Intangible assets$153.0M$205.0M$181.0M$234.0M$301.0M
Total assets$98.9B$87.6B$87.0B$87.1B$86.0B
Accounts payable$4.33B$3.69B$3.19B$3.85B$4.03B
Short-term debt$745.0M––––
Total current liabilities$18.9B$15.4B$13.4B$13.6B$14.3B
Long-term debt$23.3B$19.9B$19.8B$19.8B$19.8B
Shareholders' equity$31.6B$28.1B$27.6B$26.1B$24.9B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of FedEx Corp, annual
Line itemFY2026FY2025FY2024FY2023FY2022
Period endMay 31, 2026May 31, 2025May 31, 2024May 31, 2023May 31, 2022
Filing10-K10-K10-K10-K10-K
ReportedJun 23, 2026Jun 24, 2025Jun 25, 2024Jun 20, 2023Jun 23, 2022
Operating cash flow$8.93B$7.04B$8.31B$8.85B$9.83B
Capital expenditures$3.81B$4.05B$5.18B$6.17B$6.76B
Free cash flow$5.12B$2.98B$3.14B$2.67B$3.07B
Depreciation and amortization$4.37B$4.26B$4.29B$4.18B$3.97B
Stock-based compensation$177.0M$154.0M$163.0M$182.0M$190.0M
Dividends paid$1.37B$1.34B$1.26B$1.18B$793.0M
Share buybacks$796.0M$3.02B$2.50B$1.50B$2.25B
Investing cash flow-$3.91B-$4.09B-$5.20B-$6.17B-$6.82B
Financing cash flow$2.75B-$4.02B-$3.43B-$2.60B-$3.02B
Net change in cash$7.81B-$999.0M-$355.0M-$41.0M-$190.0M
Ratio
Stock-based compensation, % of revenue0.2%0.2%0.2%0.2%0.2%

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for FedEx Corp by cover date
Cover dateShares outstandingChange in a yearFiling
Oct 26, 2026234.2M−0.7%SEC
Jul 16, 2026236.6M+0.3%SEC
Mar 17, 2026238.6M−0.4%SEC
Dec 16, 2025235.1M−2.4%SEC
Sep 16, 2025236.0M−3.4%SEC
Jul 17, 2025235.9M−3.4%SEC
Mar 18, 2025239.6M−2.6%SEC
Dec 17, 2024240.9M−3.6%SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.