FedEx (FDX) Revenue & Revenue Breakdown

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FedEx Revenue Highlights

Latest Revenue (Y)

$94.72B

Latest Revenue (Q)

$24.00B

Main Segment (Y)

Federal Express Segment

Main Geography (Y)

UNITED STATES

FedEx Revenue by Period

FedEx Revenue by Year

Date	Revenue	Change
2026-05-31	$94.72B	7.73%
2025-05-31	$87.93B	0.27%
2024-05-31	$87.69B	-2.73%
2023-05-31	$90.16B	-3.59%
2022-05-31	$93.51B	11.60%
2021-05-31	$83.79B	21.06%
2020-05-31	$69.22B	-0.68%
2019-05-31	$69.69B	6.48%
2018-05-31	$65.45B	8.51%
2017-05-31	$60.32B	19.76%
2016-05-31	$50.37B	6.14%
2015-05-31	$47.45B	4.14%
2014-05-31	$45.57B	2.89%
2013-05-31	$44.29B	3.77%
2012-05-31	$42.68B	8.59%
2011-05-31	$39.30B	13.16%
2010-05-31	$34.73B	-2.15%
2009-05-31	$35.50B	-6.47%
2008-05-31	$37.95B	7.78%
2007-05-31	$35.21B	9.04%
2006-05-31	$32.29B	9.98%
2005-05-31	$29.36B	18.83%
2004-05-31	$24.71B	9.89%
2003-05-31	$22.49B	9.12%
2002-05-31	$20.61B	4.98%
2001-05-31	$19.63B	7.52%
2000-05-31	$18.26B	8.84%
1999-05-31	$16.77B	5.67%
1998-05-31	$15.87B	37.79%
1997-05-31	$11.52B	12.13%
1996-05-31	$10.27B	9.39%
1995-05-31	$9.39B	10.76%
1994-05-31	$8.48B	8.60%
1993-05-31	$7.81B	-

FedEx generated $94.72B in revenue during NA 2026, up 7.73% compared to the previous quarter, and up 113.04% compared to the same period a year ago.

FedEx Revenue by Quarter

Date	Revenue	Change
2026-02-28	$24.00B	2.26%
2025-11-30	$23.47B	5.51%
2025-08-31	$22.24B	0.11%
2025-05-31	$22.22B	0.27%
2025-02-28	$22.16B	0.88%
2024-11-30	$21.97B	1.80%
2024-08-31	$21.58B	-2.40%
2024-05-31	$22.11B	1.71%
2024-02-29	$21.74B	-1.93%
2023-11-30	$22.16B	2.23%
2023-08-31	$21.68B	-1.14%
2023-05-31	$21.93B	-1.08%
2023-02-28	$22.17B	-2.83%
2022-11-30	$22.81B	-1.84%
2022-08-31	$23.24B	-4.72%
2022-05-31	$24.39B	3.19%
2022-02-28	$23.64B	1.01%
2021-11-30	$23.40B	6.68%
2021-08-31	$21.94B	-2.78%
2021-05-31	$22.57B	5.05%
2021-02-28	$21.48B	4.82%
2020-11-30	$20.49B	6.07%
2020-08-31	$19.32B	11.31%
2020-05-31	$17.36B	-0.74%
2020-02-29	$17.49B	0.94%
2019-11-30	$17.32B	1.62%
2019-08-31	$17.05B	-4.26%
2019-05-31	$17.81B	4.69%
2019-02-28	$17.01B	-4.57%
2018-11-30	$17.82B	4.53%
2018-08-31	$17.05B	-1.51%
2018-05-31	$17.31B	4.77%
2018-02-28	$16.53B	1.31%
2017-11-30	$16.31B	6.64%
2017-08-31	$15.30B	-2.74%
2017-05-31	$15.73B	4.87%
2017-02-28	$15.00B	0.44%
2016-11-30	$14.93B	1.83%
2016-08-31	$14.66B	12.97%
2016-05-31	$12.98B	2.57%
2016-02-29	$12.65B	1.61%
2015-11-30	$12.45B	1.42%
2015-08-31	$12.28B	1.36%
2015-05-31	$12.11B	3.40%
2015-02-28	$11.72B	-1.87%
2014-11-30	$11.94B	2.18%
2014-08-31	$11.68B	-1.31%
2014-05-31	$11.84B	4.76%
2014-02-28	$11.30B	-0.89%
2013-11-30	$11.40B	3.44%
2013-08-31	$11.02B	-3.59%
2013-05-31	$11.44B	4.40%
2013-02-28	$10.95B	-1.39%
2012-11-30	$11.11B	2.92%
2012-08-31	$10.79B	-1.96%
2012-05-31	$11.01B	4.20%
2012-02-29	$10.56B	-0.22%
2011-11-30	$10.59B	0.63%
2011-08-31	$10.52B	-0.29%
2011-05-31	$10.55B	9.20%
2011-02-28	$9.66B	0.32%
2010-11-30	$9.63B	1.85%
2010-08-31	$9.46B	0.31%
2010-05-31	$9.43B	8.36%
2010-02-28	$8.70B	1.22%
2009-11-30	$8.60B	7.33%
2009-08-31	$8.01B	2.00%
2009-05-31	$7.85B	-3.50%
2009-02-28	$8.14B	-14.69%
2008-11-30	$9.54B	-4.33%
2008-08-31	$9.97B	1.05%
2008-05-31	$9.87B	4.55%
2008-02-29	$9.44B	-

FedEx generated $24.00B in revenue during Q3 2026, up 2.26% compared to the previous quarter, and up 109.25% compared to the same period a year ago.

FedEx Revenue Breakdown

FedEx Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 26	May 25	May 24	May 23	May 22
Corporate Reconciling Items And Eliminations	$3.65B	$3.73B	$3.24B	-	-
Fedex Freight Segment	$243.00M	$247.00M	$266.00M	$264.00M	$235.00M
Other International Revenue	$1.05B	$1.04B	$760.00M	$1.05B	$1.91B
Federal Express Segment	$25.48B	$23.72B	-	-	-
Fedex Services Segment	-	-	$1.00M	$1.00M	$1.00M
Fedex Express Segment	-	-	$22.29B	$23.09B	$25.56B
Fedex Ground Segment	-	-	$844.00M	$860.00M	$857.00M

FedEx's latest annual revenue breakdown by segment (product or service), as of May 26: Federal Express Segment (83.74%), Corporate Reconciling Items And Eliminations (12.00%), Other International Revenue (3.46%), and Fedex Freight Segment (0.80%).

Quarterly Revenue by Product

Product/Service	May 26	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21
Corporate Reconciling Items And Eliminations	$1.03B	$855.00M	$897.00M	$871.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Express Segment	$6.80B	$6.26B	$6.45B	$5.97B	-	$19.18B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fedex Freight Segment	$66.00M	$55.00M	$60.00M	$62.00M	-	$2.09B	$2.18B	$2.33B	-	$2.13B	$2.36B	$2.29B	$2.27B	$2.19B	$2.45B	$2.72B	$2.76B	$2.25B	$2.27B	$2.25B
Other International Revenue	$338.00M	$235.00M	$240.00M	$240.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fedex Express Segment	-	-	-	-	-	-	-	-	-	$10.10B	$10.25B	$10.09B	$10.41B	$10.35B	$10.86B	$11.13B	$11.94B	$11.30B	$11.61B	$10.97B
Fedex Ground Segment	-	-	-	-	-	-	-	-	-	$8.70B	$8.64B	$8.42B	$8.30B	$8.66B	$8.39B	$8.16B	$8.49B	$8.80B	$8.26B	$7.68B
Fedex Services Segment	-	-	-	-	-	-	-	-	-	$64.00M	$65.00M	$72.00M	$76.00M	$87.00M	$68.00M	$70.00M	$76.00M	$65.00M	$77.00M	$35.00M

FedEx's latest quarterly revenue breakdown by segment (product or service), as of May 26: Federal Express Segment (82.59%), Corporate Reconciling Items And Eliminations (12.50%), Other International Revenue (4.11%), and Fedex Freight Segment (0.80%).

FedEx Revenue Breakdown by Country

Annual Revenue by Country

Country	May 26	May 25	May 24	May 23	May 22
UNITED STATES	$67.94B	$62.92B	$63.53B	$64.89B	$64.94B
Non Us	$26.78B	$25.01B	$24.16B	$25.27B	-
Corporate Reconciling Items And Eliminations	-	-	$3.24B	-	-
Fedex Freight Segment	-	-	$9.08B	-	-
Fedex Ground Segment	-	-	$34.26B	-	-
Fedex Express Segment	-	-	$40.86B	-	-
Fedex Services Segment	-	-	$260.00M	-	-

FedEx's latest annual revenue breakdown by geography, as of May 26: UNITED STATES (71.73%), and Non Us (28.27%).

Quarterly Revenue by Country

Country	May 26	Feb 26	Nov 25	Aug 25
Non Us	$7.20B	$6.55B	$6.75B	$6.27B
UNITED STATES	$17.80B	$17.45B	$16.72B	$15.97B

FedEx's latest quarterly revenue breakdown by geography, as of May 26: UNITED STATES (71.20%), and Non Us (28.80%).

FedEx Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FDX	FedEx	$94.72B	$24.00B
UPS	United Parcel Service	$88.66B	$21.41B
CMI	Cummins	$33.67B	$8.40B
PCAR	PACCAR	$28.44B	$6.23B
LHX	L3Harris	$21.86B	$5.74B
CNI	Canadian National Railway	$16.83B	$5.73B
RSG	Republic Services	$16.59B	$4.11B
URI	United Rentals	$16.10B	$4.41B
CP	Canadian Pacific Kansas City	$15.08B	$3.66B
CSX	CSX	$14.09B	$3.94B
NSC	Norfolk Southern	$12.18B	$3.46B

FDX Revenue FAQ

What is FedEx’s yearly revenue?

FedEx's yearly revenue for 2026 was $94.72B, representing an increase of 7.73% compared to 2025. The company's yearly revenue for 2025 was $87.93B, representing an increase of 0.27% compared to 2024. FDX's yearly revenue for 2024 was $87.69B, representing a decrease of -2.73% compared to 2023.

What is FedEx’s quarterly revenue?

FedEx's quarterly revenue for Q3 2026 was $24B, a 2.26% increase from the previous quarter (Q2 2026), and a 8.30% increase year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $23.47B, a 5.51% increase from the previous quarter (Q1 2026), and a 6.84% increase year-over-year (Q2 2025). FDX's quarterly revenue for Q1 2026 was $22.24B, a 0.11% increase from the previous quarter (Q4 2025), and a 3.08% increase year-over-year (Q1 2025).

What is FedEx’s revenue growth rate?

FedEx's revenue growth rate for the last 3 years (2024-2026) was 8.01%, and for the last 5 years (2022-2026) was 1.29%.

What are FedEx’s revenue streams?

FedEx's revenue streams in y 26 are Corporate Reconciling Items And Eliminations, Fedex Freight Segment, Other International Revenue, and Federal Express Segment. Corporate Reconciling Items And Eliminations generated $3.65B in revenue, accounting 12.00% of the company's total revenue, down -2.09% year-over-year. Fedex Freight Segment generated $243M in revenue, accounting 0.80% of the company's total revenue, down -1.62% year-over-year. Other International Revenue generated $1.05B in revenue, accounting 3.46% of the company's total revenue, up 0.96% year-over-year. Federal Express Segment generated $25.48B in revenue, accounting 83.74% of the company's total revenue, up 7.42% year-over-year.

What is FedEx’s main source of revenue?

For the fiscal year ending May 26, the largest source of revenue of FedEx was Federal Express Segment. This segment made a revenue of $25.48B, representing 83.74% of the company's total revenue.