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FedEx (FDX) Q4 2026 earnings

A FedEx delivery van in London, England on May 27, 2026.

Peter Dazeley | Getty Images

Fedex On Tuesday, it reported earnings that beat Wall Street expectations on both the top and bottom lines.

The earnings report marked the company’s latest quarter, which included its shipping business and spun off into a separate publicly traded company. FedEx Shipping FedEx Freight paid approximately $4.1 billion in cash dividends to FedEx Corporation in connection with the spinoff, the company said.

Here’s how the company performed in the fourth fiscal quarter compared to analysts’ expectations, according to a survey conducted by LSEG:

  • Earnings per share: $6.31 adjusted, expected $5.96
  • Revenues: $25.01 billion against expectations of $24.04 billion

For the period ending May 31, FedEx reported FedEx Express revenue of $21.57 billion, beating StreetAccount’s estimates of $20.75 billion. The company reported a 3% year-over-year increase in domestic volume and a 3% increase in U.S. priority volume.

For the full fiscal year, FedEx reported revenue of $94.7 billion, up from $87.9 billion the year before.

“Our profitable growth strategy is working,” CEO Raj Subramaniam said in a statement. “We are gaining momentum across our global industrial network, pioneering structural improvements, and winning in high-value growth markets. With the successful spin-off of FedEx Freight, we enter this next chapter to grow while further optimizing our network, lowering our cost to serve, creating meaningful long-term value, and generating strong free cash flow.”

The company also announced that it will change its fiscal year end from May 31 to December 31, effective from the beginning of this month.

FedEx said it expects 11% year-over-year revenue growth for the full year and diluted earnings per share of between $16.90 and $18.10.

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