FedEx Freight (FDXF) financial statements
−6.7%since 2024
- FY2026 revenue
- $8.8B▼ −1.1%
- FY2026 net income
- $655M▼ −51.3%
- FY2026 diluted EPS
- $4.38▼ −51.3%
- FY2026 free cash flow
- −$212M▼ −119.4%
FedEx Freight income statement
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 31 May 2026 | 31 May 2025 | 31 May 2024 |
| Revenue | 8,795 | 8,892 | 9,424 |
| Operating income | 540 | 1,404 | 1,753 |
| Pretax income | 884 | 1,802 | 2,079 |
| Net income | 655 | 1,346 | 1,574 |
| Diluted earnings per share | 4.38 | 9.00 | 10.53 |
FedEx Freight balance sheet
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 31 May 2026 | 31 May 2025 | 31 May 2024 |
| Cash and cash equivalents | 251 | 109 | n/a |
| Total assets | 6,884 | 5,022 | n/a |
| Total liabilities (derived) | 7,381 | 2,629 | n/a |
| Total equity | -497 | 2,393 | 2,124 |
| Long-term debt | 4,484 | 66 | n/a |
FedEx Freight cash flow statement
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 31 May 2026 | 31 May 2025 | 31 May 2024 |
| Operating cash flow | 167 | 1,531 | 1,541 |
| Capital expenditure | -379 | -437 | -461 |
| Free cash flow (derived) | -212 | 1,094 | 1,080 |
| Dividends paid | -48 | 0 | 0 |
Quarterly highlights
| USD millions | Q4 FY2026 | Q4 FY2025 | Q4 FY2024 | Q4 FY2023 |
|---|---|---|---|---|
| Period ended | 31 May 2026 | 31 May 2025 | 31 May 2024 | 31 May 2023 |
| Total assets | 6,884 | 5,022 | n/a | n/a |
FedEx Freight major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| FedEx Corporation | 19.9% | 29,751,545 | 7 August 2026 |
| BlackRock, Inc. | 5.9% | 8,843,510 | 27 October 2026 |
| Vanguard Capital Management | 5.5% | 8,194,621 | 31 July 2026 |
FedEx Freight 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 29 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 29 October 2026 | 8-K | Current report | Current report |
| 2 October 2026 | 8-K | Current report | FORM 8-K |
| 2 September 2026 | 8-K | Current report | FORM 8-K |
| 6 August 2026 | 8-K | Current report | Current report |
| 5 August 2026 | 10-K | Annual report | Annual report |
| 26 June 2026 | 8-K | Current report | FORM 8-K |
| 25 June 2026 | 8-K | Current report | Current report |
Common questions
What was FedEx Freight's revenue in fiscal 2026?
FedEx Freight reported $8.8 billion in revenue for fiscal 2026, the year ended 31 May 2026, down 1.1% from fiscal 2025.
What was FedEx Freight's net income in fiscal 2026?
FedEx Freight reported net income of $655 million for fiscal 2026, the year ended 31 May 2026, down 51.3% from fiscal 2025. Diluted earnings per share were $4.38.
What was FedEx Freight's free cash flow in fiscal 2026?
FedEx Freight had negative free cash flow of $212 million in fiscal 2026. Operating cash flow was $167 million and capital expenditure was $379 million.
What were FedEx Freight's total assets at the end of fiscal 2026?
FedEx Freight reported total assets of $6.9 billion at the end of fiscal 2026, the year ended 31 May 2026.
How much FedEx Freight history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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