FedEx (FDX) Revenue & Revenue Breakdown

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FedEx Revenue Highlights

Latest Revenue (Y)

$87.93B

Latest Revenue (Q)

$22.24B

Main Segment (Y)

Federal Express Segment

Main Geography (Y)

UNITED STATES

FedEx Revenue by Period

FedEx Revenue by Year

Date	Revenue	Change
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	11.38%
2021-05-31	$83.96B	21.30%
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 $87.93B in revenue during NA 2025, up 0.27% compared to the previous quarter, and up 127.03% compared to the same period a year ago.

FedEx Revenue by Quarter

Date	Revenue	Change
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 $22.24B in revenue during Q1 2026, up 0.11% compared to the previous quarter, and up 100.61% compared to the same period a year ago.

FedEx Revenue Breakdown

FedEx Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 25	May 24	May 23	May 22	May 21
Fedex Freight Segment	$247.00M	$266.00M	$264.00M	$235.00M	$190.00M
Federal Express Segment	$23.72B	-	-	-	-
Other International Revenue	$1.04B	$760.00M	$1.05B	$1.91B	$1.16B
Corporate Reconciling Items And Eliminations	$3.73B	$3.24B	-	-	-
Fedex Ground Segment	-	$844.00M	$860.00M	$857.00M	$735.00M
Fedex Express Segment	-	$22.29B	$23.09B	$25.56B	$23.09B
Fedex Services Segment	-	$1.00M	$1.00M	$1.00M	$1.00M

FedEx's latest annual revenue breakdown by segment (product or service), as of May 25: Federal Express Segment (82.53%), Corporate Reconciling Items And Eliminations (12.98%), Other International Revenue (3.63%), and Fedex Freight Segment (0.86%).

Quarterly Revenue by Product

Product/Service	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	May 21	Feb 21	Nov 20
Federal Express Segment	$5.97B	-	$19.18B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other International Revenue	$240.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate Reconciling Items And Eliminations	$871.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fedex Freight Segment	$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	$2.23B	$1.84B	$1.94B
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	$11.28B	$10.79B	$10.37B
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	$8.00M	$8.00M	$8.00M
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	$8.13B	$7.98B	$7.34B

FedEx's latest quarterly revenue breakdown by segment (product or service), as of Aug 25: Federal Express Segment (83.57%), Corporate Reconciling Items And Eliminations (12.20%), Other International Revenue (3.36%), and Fedex Freight Segment (0.87%).

FedEx Revenue Breakdown by Country

Annual Revenue by Country

Country	May 25	May 24	May 23	May 22	May 21
UNITED STATES	$62.92B	$63.53B	$64.89B	$64.94B	$58.79B
Non Us	$25.01B	$24.16B	$25.27B	-	-
Fedex Services Segment	-	$260.00M	-	-	-
Fedex Express Segment	-	$40.86B	-	-	-
Fedex Freight Segment	-	$9.08B	-	-	-
Fedex Ground Segment	-	$34.26B	-	-	-
Corporate Reconciling Items And Eliminations	-	$3.24B	-	-	-

FedEx's latest annual revenue breakdown by geography, as of May 25: UNITED STATES (71.56%), and Non Us (28.44%).

Quarterly Revenue by Country

Country	Aug 25
Non Us	$6.27B
UNITED STATES	$15.97B

FedEx's latest quarterly revenue breakdown by geography, as of Aug 25: UNITED STATES (71.82%), and Non Us (28.18%).

FedEx Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
UPS	United Parcel Service	$91.07B	$21.22B
FDX	FedEx	$87.93B	$22.24B
CMI	Cummins	$34.10B	$8.64B
PCAR	PACCAR	$31.56B	$6.96B
LHX	L3Harris	$21.32B	$5.43B
CNI	Canadian National Railway	$16.83B	$5.73B
URI	United Rentals	$15.35B	$4.23B
NSC	Norfolk Southern	$12.12B	$3.10B
FER	Ferrovial SE	$9.40B	$1.88B
ROP	Roper	$7.04B	$1.94B
AXON	Axon Enterprise	$2.08B	$668.54M

FDX Revenue FAQ

What is FedEx’s yearly revenue?

FedEx's yearly revenue for 2025 was $87.93B, representing an increase of 0.27% compared to 2024. The company's yearly revenue for 2024 was $87.69B, representing a decrease of -2.73% compared to 2023. FDX's yearly revenue for 2023 was $90.16B, representing a decrease of -3.59% compared to 2022.

What is FedEx’s quarterly revenue?

FedEx'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). The company's quarterly revenue for Q4 2025 was $22.22B, a 0.27% increase from the previous quarter (Q3 2025), and a 0.50% increase year-over-year (Q4 2024). FDX's quarterly revenue for Q3 2025 was $22.16B, a 0.88% increase from the previous quarter (Q2 2025), and a 1.94% increase year-over-year (Q3 2024).

What is FedEx’s revenue growth rate?

FedEx's revenue growth rate for the last 3 years (2023-2025) was -2.47%, and for the last 5 years (2021-2025) was 4.72%.

What are FedEx’s revenue streams?

FedEx's revenue streams in y 25 are Fedex Freight Segment, Federal Express Segment, Other International Revenue, and Corporate Reconciling Items And Eliminations. Fedex Freight Segment generated $247M in revenue, accounting 0.86% of the company's total revenue, down -7.14% year-over-year. Federal Express Segment generated $23.72B in revenue, accounting 82.53% of the company's total revenue Other International Revenue generated $1.04B in revenue, accounting 3.63% of the company's total revenue, up 37.24% year-over-year. Corporate Reconciling Items And Eliminations generated $3.73B in revenue, accounting 12.98% of the company's total revenue, up 15.19% year-over-year.

What is FedEx’s main source of revenue?

For the fiscal year ending May 25, the largest source of revenue of FedEx was Federal Express Segment. This segment made a revenue of $23.72B, representing 82.53% of the company's total revenue.