What was FEDEX CORP's revenue in fiscal 2026?

FEDEX CORP reported revenue of $94.72B for fiscal 2026, up 7.7% from fiscal 2025.

What is FEDEX CORP's net margin?

Operating margin was 5.8% and net margin was 4.7%.

What is FEDEX CORP's diluted EPS?

Diluted EPS was $18.55, up 10.4% from the prior year.

Are FEDEX CORP insiders buying or selling shares?

Over the past 12 months, insiders reported 9 open-market sales totalling $20.2M on Form 4.

Which institutions hold FEDEX CORP stock?

2,705 institutions reported holding FEDEX CORP shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Vanguard Capital Management's.

Overview

FEDEX CORP

FDXNYSEIndustrialsAir Courier ServicesCIK 0001048911Large-cap benchmark

Latest 10-K: FY2026, filed Jul 20, 2026 · Open the 10-K (Inline XBRL) ↗

Ask about FDX in Workspace

Revenue: $94.72B; 7.7%YoYup from FY2025; TotalRevenue
Gross profit: Not reported
Operating income: $5.46B; 4.7%YoYup from FY2025; OperatingIncome
Net income: $4.43B; 8.3%YoYup from FY2025; NetIncome
Diluted EPS: $18.55; 10.4%YoYup from FY2025; EPSDiluted
Diluted shares: 239.0M; 1.6%YoYdown from FY2025; WeightedAvgSharesDiluted

At a glance

Growth

FEDEX CORP reported revenue of $94.72B for fiscal 2026, up 7.7% from fiscal 2025.
Revenue grew faster than the median S&P 500 member in 1 of the last 4 fiscal years.

Profitability

Operating margin was 5.8% and net margin was 4.7%.

Per share

Diluted EPS was $18.55, up 10.4% from the prior year.

Insiders & holders

Over the past 12 months, insiders reported 9 open-market sales totalling $20.2M on Form 4.
2,705 institutions reported holding FEDEX CORP shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Vanguard Capital Management's.

Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K, Form 4, 13F

Quick answers

What was FEDEX CORP's revenue in fiscal 2026?: FEDEX CORP reported revenue of $94.72B for fiscal 2026, up 7.7% from fiscal 2025.
What is FEDEX CORP's net margin?: Operating margin was 5.8% and net margin was 4.7%.
What is FEDEX CORP's diluted EPS?: Diluted EPS was $18.55, up 10.4% from the prior year.
Are FEDEX CORP insiders buying or selling shares?: Over the past 12 months, insiders reported 9 open-market sales totalling $20.2M on Form 4.
Which institutions hold FEDEX CORP stock?: 2,705 institutions reported holding FEDEX CORP shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Vanguard Capital Management's.

Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line item	FY2026	FY2025	FY2024	FY2023	FY2022	4Y CAGR
Revenue	$94.72B7.7%up	$87.93B0.3%up Benchmark median 6.4%	$87.69B2.7%down Benchmark median 4.5%	$90.16B3.6%down Benchmark median 4.8%	$93.51B11.4%up Benchmark median 10.3%	0.3%
Gross Profit Median of 315 / 498	—	—	—	—	—	—
Operating Income Median of 373 / 498	$5.46B4.7%up	$5.22B6.2%down Benchmark median 7.3%	$5.56B13.2%up Benchmark median 7.4%	$4.91B21.3%down Benchmark median 4.9%	$6.25B6.6%up Benchmark median 7.5%	-3.3%
Net Income	$4.43B8.3%up	$4.09B5.5%down Benchmark median 4.8%	$4.33B9.0%up Benchmark median 5.7%	$3.97B3.8%up Benchmark median 1.9%	$3.83B26.9%down Benchmark median 1.3%	3.8%
EPS (Diluted)	$18.5510.4%up	$16.812.3%down Benchmark median 6.2%	$17.2111.2%up Benchmark median 7.9%	$15.488.0%up Benchmark median 1.9%	$14.3326.3%down Benchmark median 1.5%	6.7%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line item	FY2026	FY2025	FY2024	FY2023	FY2022	4Y CAGR
Total Assets	$98.94B12.9%up	$87.63B0.7%up Benchmark median 5.6%	$87.01B0.2%down Benchmark median 3.4%	$87.14B1.3%up Benchmark median 4.1%	$85.99B3.9%up Benchmark median 2.2%	3.6%
Total Liabilities Median of 357 / 498	—	—	—	—	—	—
Stockholders' Equity	$31.65B12.7%up	$28.07B1.8%up Benchmark median 6.8%	$27.58B5.7%up Benchmark median 5.4%	$26.09B4.6%up Benchmark median 7.3%	$24.94B3.2%up Benchmark median 2.5%	6.1%
Cash & Equivalents	$13.31B141.9%up	$5.50B15.4%down Benchmark median 5.2%	$6.50B5.2%down Benchmark median 1.9%	$6.86B0.6%down Benchmark median 6.7%	$6.90B2.7%down Benchmark median -8.6%	17.9%
Total Debt	$24.97B21.3%up	$20.58B1.9%up Benchmark median 2.1%	$20.20B1.8%down Benchmark median 0.2%	$20.58B1.6%up Benchmark median 0.3%	$20.26B2.9%down Benchmark median 0.1%	5.4%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line item	FY2026	FY2025	FY2024	FY2023	FY2022	4Y CAGR
Operating Cash Flow	$8.93B26.8%up	$7.04B15.4%down Benchmark median 6.3%	$8.31B6.1%down Benchmark median 4.8%	$8.85B10.0%down Benchmark median 9.9%	$9.83B3.0%down Benchmark median -0.7%	-2.4%
Capital Expenditures	$3.81B6.1%down	$4.05B21.7%down Benchmark median 5.4%	$5.18B16.2%down Benchmark median 2.8%	$6.17B8.7%down Benchmark median 11.3%	$6.76B14.9%up Benchmark median 14.0%	-13.4%
Free Cash Flow Median of 378 / 498	$5.12B71.6%up	$2.98B4.9%down Benchmark median 7.3%	$3.14B17.3%up Benchmark median 6.1%	$2.67B12.9%down Benchmark median 8.8%	$3.07B27.8%down Benchmark median -11.3%	13.6%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2026

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

5.6%

Wall Street

on net earnings

FY2025 9.6%

6.5%

Value investor

on free cash flow

FY2025 7.0%

Gap +0.9 pts: Value-investor figure 0.9 points higher

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 17.9×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

Cash & capital allocation

Where the cash went in FY2026, from the 10-K cash flow statement.

Operating cash flow: $8.93B
Capex: $3.81B
Free cash flow: $5.12B
R&D: —
Buybacks: $796.00M
Dividends: $1.37B
Debt repaid: $2.05B
Debt issued: $5.29B
Net debt change: $3.24B

Uses of operating cash flow, FY2026

Buybacks8.9%
Dividends15.4%
Capex42.7%
Debt repayment23.0%

Each use is shown against operating cash flow on its own; the uses overlap.

Buybacks + dividends exceeded free cash flow in FY2025, FY2024, FY2023.

Free cash flow by year

FY21$4.25B
FY22$3.07B
FY23$2.67B
FY24$3.14B
FY25$2.98B
FY26$5.12B

Buybacks by year

FY21—
FY22$2.25B
FY23$1.50B
FY24$2.50B
FY25$3.02B
FY26$796.00M

Smart money

Who is trading and holding FEDEX CORP, from Form 4, 13F and 13D/13G filings.

Insiders

Insider activity · past 12 months

Open-market trades reported on Form 4 in the past 365 days.

Buys: 0; none reported
Sales: 9; 6 insiders
Value sold: $20.2M
Shares sold: 55,846
Net shares: -55,846; bought minus sold
Last trade: Jun 30, 2026

Purchases 0% of valueSales 100% of value

Latest open-market insider trades from Form 4
Insider	Type	Date	Shares	Price	Value	Filing
WALSH PAUL SDirector	Sell	Jun 30, 2026	5,042	$324.56	$1,636,432	View filing on SEC EDGAR
Brightman Tracy BEVP - Chief People Officer	Sell	Apr 15, 2026	5,094	$363.33	$1,850,803	View filing on SEC EDGAR
Brightman Tracy BEVP - Chief People Officer	Sell	Apr 15, 2026	9,084	$363.61	$3,303,033	View filing on SEC EDGAR

See plans

Open-market purchases (code P) and sales (code S) only. Grants, option exercises and tax withholding are excluded. Sales may be made under pre-arranged Rule 10b5-1 plans.

Ownership

Largest institutional holders

13F

Quarter ended Jun 30, 2026; change versus Mar 31, 2026.

Institutions reporting: 2,705
Top 3 hold: 13.6%; of 239.00M diluted shares, FY2026 10-K

Top 3 holders, share of diluted sharesof 100%

Vanguard Capital Management5.9%
14,181,180 sh · $4.4BAdded 2.0%13F-HR · Jun 30, 2026 on SEC EDGAR
STATE STREET CORP4.2%
10,053,615 sh · $3.2BAdded 3.2%13F-HR · Jun 30, 2026 on SEC EDGAR
PRIMECAP MANAGEMENT CO/CA/3.4%
8,156,799 sh · $2.6BTrimmed 1.8%13F-HR · Jun 30, 2026 on SEC EDGAR

See plans

Some filers' amendments could not be read, so a few holders may be counted twice.

Bars: share of diluted shares on a shared scale; the tick marks 5%. 13F filings are due 45 days after quarter end, so this is the latest fully reported quarter. Amended filings are counted once.

Blockholders, 5% and over

13D/G

SC 13D / 13G, latest filing per filer.

Filers at 5%+: 5
Combined: 31.8%; sum of latest filings
Activist (13D): 0

5%+ filers, share of the class as filedof 100%

Frederick W. Smith8.3%
Passive · 13GLast filed 2 yrs agoSC 13G/A · Feb 9, 2024 on SEC EDGAR
Vanguard Capital Management6.75%
Passive · 13GSC 13G · Apr 29, 2026 on SEC EDGAR
BlackRock, Inc.6.2%
Passive · 13GLast filed 2 yrs agoSC 13G/A · Jan 29, 2024 on SEC EDGAR

See plans

No filer switched from a passive 13G to an activist 13D in the last 365 days.

Percent of the class as each filer last reported it; filings older than a year may no longer reflect the stake. Latest filing per filer within three years; a later filing reporting 0% removes the filer.

Full history, every insider and 13F filer, 13D/G activist stakes, and webhooks are on Institutional.

See Institutional

Smart money

Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Restatement Radar

6 numbers FEDEX CORP later changed — same XBRL tag, both filings linked.

numbers changed: 6
restating filings: 2
came with an amendment or a non-reliance notice: 0

Jul 14, 2015 · 10-K
changed 3 numbers
No amendment filed
Open filing
- Pretax incomeFY 2013$2.5B restated to $4.3B+76.7%
  As reported · Jul 15, 2013us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
- Net income to commonFY 2013$1.6B restated to $2.7B+74.0%
  As reported · Jul 15, 2013us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
- Net incomeFY 2013$1.6B restated to $2.7B+74.0%
  As reported · Jul 15, 2013us-gaap:NetIncomeLossAny P/E built on the original was 42.5% too high.
Jul 14, 2015 · 10-K
changed 3 numbers
No amendment filed
Open filing
- Pretax incomeFY 2013$508M restated to $1.7B+236.2%
  As reported · Jul 15, 2013us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
- Net incomeFY 2013$330M restated to $1.1B+222.4%
  As reported · Jul 15, 2013us-gaap:NetIncomeLossAny P/E built on the original was 69.0% too high.
- Operating incomeFY 2013$554M restated to $1.8B+216.6%
  As reported · Jul 15, 2013us-gaap:OperatingIncomeLoss

FDX is not the only one.

See every restatement we've found across the market — or get an alert the next time FDX revises a number.

Restatement Radar Alert me

Restatements are detected by comparing every vintage of a fact across all of FEDEX CORP's filings back to 1993. A revision is not by itself a sign of wrongdoing — companies re-file for many legitimate reasons. This list is not exhaustive: it shows FDX's most significant revisions, and a figure absent from it has not been certified as unrevised.

Peers, filings & research

Sector Peers

Uber Technologies, Inc

HONEYWELL INTERNATIONAL INC

Recent SEC filings

The six newest, periodic reports and 8-Ks together. Dates are SEC filing dates.

All filings on EDGAR

Six most recent SEC filings, newest first
Form	Filing	Filed	Document
8-K	Current report (material events) · Event dated Oct 28, 2026 0001048911-26-000126 · accepted 20:05 UTC	Oct 28, 2026	Open	Filed Oct 28, 2026 · 0001048911-26-000126
8-K	Current report (material events) · Event dated Oct 28, 2026 0001048911-26-000128 · accepted 20:12 UTC	Oct 28, 2026	Open	Filed Oct 28, 2026 · 0001048911-26-000128
10-K	Annual report · Fiscal year ended May 31, 2026 0001048911-26-000105 · accepted 20:14 UTC	Jul 20, 2026	Open	Filed Jul 20, 2026 · 0001048911-26-000105
10-Q	Quarterly report · Quarter ended Feb 28, 2026 0001048911-26-000011 · accepted 20:15 UTC	Mar 19, 2026	Open	Filed Mar 19, 2026 · 0001048911-26-000011
10-K/A	Annual report amendment · Fiscal year ended May 31, 2019 0001193125-19-222475 · accepted 20:15 UTC	Aug 15, 2019	Open	Filed Aug 15, 2019 · 0001193125-19-222475
10-Q/A	Quarterly report amendment · Quarter ended Nov 30, 2013 0001193125-14-057092 · accepted 21:22 UTC	Feb 18, 2014	Open	Filed Feb 18, 2014 · 0001193125-14-057092

“Open” goes to the Inline XBRL viewer when the filing has one, else the primary document. The accession opens the EDGAR index.

Research Reports

No published research on FDX yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on FDX and publish the result to your public profile.

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The data behind this page

27 tables, history 1993–present. Every figure above is a row you can query.

Fundamentals

Standardized financial facts, ratios and filings.

fact: 121.4Mrows
ratio: 15.8Mrows
filing: 3.71Mrows
entity: 33,316rows

350+ standard concepts.

Built from these SEC forms

10-K
10-K/A
10-K405
10-K405/A
10-KT
10-KT/A
10-Q
10-Q/A
10-QT
10-QT/A
20-F
20-F/A
40-F
40-F/A
8-K
8-K/A
6-K
6-K/A
S-1
S-1/A
S-3
S-3/A
S-4
S-4/A
S-11
S-11/A
F-1
F-1/A
F-3
F-3/A
F-4
F-4/A
POS AM
10-KSB
10-KSB/A
10-QSB
10-QSB/A
DEF 14Asoon
DEF 14Csoon
DEFA14Asoon
PRE 14Asoon
DEFM14Asoon
425soon
SC TO-Tsoon
SC TO-Isoon
SC 14D9soon
SC 13E3soon
CORRESPsoon
NT 10-Ksoon
NT 10-Qsoon
NT 20-Fsoon
N-PORT-Psoon

Smart money

Insider and institutional filings.

institutional_holding: 88.6Mrows
insider_transaction: 12.1Mrows
insider_filing: 5.55Mrows
insider_ownership: 1.98Mrows

109M+ smart-money rows in all.

Built from these SEC forms

Form 3
Form 3/A
Form 4
Form 4/A
Form 5
Form 5/A
13F-HR
13F-HR/A
13F-NT
13F-NT/A
SC 13D
SC 13D/A
SC 13G
SC 13G/A
Form 144
Form 144/A

One real fact row for FEDEX CORP

Fact receiptOperatingCashFlow

Operating cash flow · FY2026

$8.93B

8,925,000,000 USD

FEDEX CORP reported Operating cash flow of $8.9B for fiscal year 2026 in its 10-K filed Jul 20, 2026.

Fiscal period: 2026 FY
Period end: 2026-05-31
Form: 10-K
Filed: Jul 20, 2026
Entity (CIK): 0001048911

Provenance trail

Filed with the SEC
Form 10-K, filed Jul 20, 2026.
Accession 0001048911-26-000105
Open in the Inline XBRL viewer for 0001048911-26-000105
Reported in the filing
Operating cash flow for fiscal year 2026, the period ended 2026-05-31, in USD. Valuein maps the filed line to the standard concept OperatingCashFlow.
Stored as one fact row
Every channel returns this row with the same id.
fact_id 499d51afa88f81a3fbdc9eeec5a80c14013a5d6e1c1de9c01da2a2ba37d2be06
Shown on this page
The same $8.93B appears in the Cash Flow Statement and in Cash & capital allocation.

fact rowjson

{  "entity_id": "0001048911",  "standard_concept": "OperatingCashFlow",  "fiscal_year": 2026,  "fiscal_period": "FY",  "period_end": "2026-05-31",  "numeric_value": 8925000000,  "unit": "USD",  "accession": "0001048911-26-000105",  "fact_id": "499d51afa88f81a3fbdc9eeec5a80c14013a5d6e1c1de9c01da2a2ba37d2be06"}

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bash

# Fact-level Parquet over HTTPS, every row traced to its filingcurl -H "Authorization: Bearer $VALUEIN_API_KEY" \  https://data.valuein.biz/v1/pro/fact/0001048911.parquet \  -o fdx.parquet

Read the API docs

Terminalbash

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Python

from valuein_sdk import ValueinClient with ValueinClient() as client:    sql = """        SELECT fiscal_year, numeric_value FROM fact        WHERE entity_id = '0001048911'          AND standard_concept = 'TotalRevenue'          AND fiscal_period = 'FY'    """    print(client.run_query(sql))

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bash

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Cite this page

Data as of Oct 30, 2026. Canonical address: https://valuein.biz/data/FDX

APA-style text

Valuein. (2026, October 30). FEDEX CORP (FDX) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/FDX

BibTeX

@misc{valuein_fdx_2026,
  author = {{Valuein}},
  title = {FEDEX CORP (FDX) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/FDX}},
  note = {Data as of 2026-10-30; source: SEC EDGAR filings}
}

Open 10-K in SEC Inline XBRL viewer

10-K filed Jul 20, 2026 · accession 0001048911-26-000105

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

View FDX filings on SEC EDGAR

Index names are trademarks of their owners; Valuein is not affiliated with or endorsed by any index provider.

At a glance

Growth

Profitability

Per share

Insiders & holders

02Financial statements

Income Statement

Balance Sheet

Cash Flow Statement

Ratios & valuation

03Cash & capital allocation

Uses of operating cash flow, FY2026

Free cash flow by year

Buybacks by year

04Smart money

Insiders

Insider activity · past 12 months

Ownership

Largest institutional holders

Blockholders, 5% and over

Smart money

Jul 14, 2015 · 10-K

Jul 14, 2015 · 10-K

06Peers, filings & research

Sector Peers

Recent SEC filings

Research Reports

07The data behind this page

Fundamentals

Built from these SEC forms

Smart money

Built from these SEC forms

One real fact row for FEDEX CORP

Provenance trail

Get the same data

08Cite this page

Insiders & holders

03Cash & capital allocation

Uses of operating cash flow, FY2026

Free cash flow by year

Buybacks by year

04Smart money

Insiders

Insider activity · past 12 months

Ownership

Largest institutional holders

Blockholders, 5% and over

Jul 14, 2015 · 10-K

Jul 14, 2015 · 10-K

Sector Peers

Recent SEC filings

07The data behind this page

Fundamentals

Built from these SEC forms

Smart money

Built from these SEC forms

One real fact row for FEDEX CORP

Provenance trail

Get the same data

Financial statements

Cash & capital allocation

Smart money

Peers, filings & research

The data behind this page

Cite this page

Cash & capital allocation

Smart money

The data behind this page