FedEx Freight (FDXF) financials
FedEx Freight revenue and earnings by year
FedEx Freight's revenue was $8.79 billion in the fiscal year to May 31, 2026, down 1.1% from the year before. Net income was $655 million, 7.4% of revenue. Since the fiscal year to May 31, 2023, revenue has shrunk 4.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 4 fiscal years
| Fiscal year to | May 2026 | May 2025 | May 2024 | May 2023 |
|---|---|---|---|---|
| Revenue | 8.8 | 8.9 | 9.4 | 10.1 |
| Revenue growth | -1.1% | -5.6% | -6.5% | — |
| Gross profit | 2.6 | 2.8 | 3.2 | 3.3 |
| Gross margin | 29.3% | 31.6% | 33.5% | 33.1% |
| Operating income | 0.5 | 1.4 | 1.8 | 1.9 |
| Operating margin | 6.1% | 15.8% | 18.6% | 18.8% |
| Net income | 0.7 | 1.3 | 1.6 | 1.6 |
| Net margin | 7.4% | 15.1% | 16.7% | 15.7% |
| Diluted EPS | $4.38 | $9.00 | $10.53 | $63240.00 |
| Free cash flow | -0.2 | 1.1 | 1.1 | 1.2 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FDXF in Markets.
See also: FDXF valuation and P/E history
No forecast, no recommendation. This page describes FedEx Freight from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.