FedEx Corporation (FDX)

The company now

FedEx reported on 28 October that revenue rose 12 percent to $22.9 billion in the quarter to 30 September 1. Operating income rose to $1.07 billion from $0.97 billion a year earlier 1. Net income fell to $290 million from $645 million, mostly because of a $1.2 billion accounting loss on the stake it kept in FedEx Freight 12.

The company credited higher base prices per package, more packages and continued savings from its cost programs 1. Express International grew fastest, with revenue up 17 percent and freight revenue up 28 percent, while the U.S. business grew 10 percent 1. Chief executive Raj Subramaniam said FedEx is "winning across high-value market segments while we optimize our network" 1.

FedEx raised its outlook for calendar 2026 to revenue growth of about 12 percent, from about 11 percent 1. A new finance chief, Jamere Jackson from AutoZone, starts on 30 November 5. The open questions are the holiday peak and the tariff refunds, of which FedEx held about $2.7 billion for customers at the end of September 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.