55/100B321.24
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FedEx net income 1986–2027What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
FedEx earned 290.00M USD in Q1 FY2027, the three months to 30 September 2026, with no change to compare on the same quarter a year before. FedEx earned a net income of 4.43B USD in fiscal year 2026, up 8.3% on the year before.
Last updated 12 Nov 2026 · Next report 2 Feb 2027
Net income
Net income · +9.3% a year over 10 yearsNet margin
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| FY2026 | 31 May 2026 | 4.43B | +8.33% | 4.68% | 94.72B |
| FY2025 | 31 May 2025 | 4.09B | -5.52% | 4.65% | 87.93B |
| FY2024 | 31 May 2024 | 4.33B | +9.04% | 4.94% | 87.69B |
| FY2023 | 31 May 2023 | 3.97B | +3.82% | 4.41% | 90.16B |
| FY2022 | 31 May 2022 | 3.83B | -26.86% | 4.09% | 93.51B |
| FY2021 | 31 May 2021 | 5.23B | +306.77% | 6.24% | 83.79B |
| FY2020 | 31 May 2020 | 1.29B | +138.15% | 1.86% | 69.22B |
| FY2019 | 31 May 2019 | 540.00M | -88.19% | 0.77% | 69.69B |
| FY2018 | 31 May 2018 | 4.57B | +52.55% | 6.99% | 65.45B |
| FY2017 | 31 May 2017 | 3.00B | +64.67% | 4.97% | 60.32B |
| FY2016 | 31 May 2016 | 1.82B | +73.33% | 3.61% | 50.37B |
| FY2015 | 31 May 2015 | 1.05B | -49.93% | 2.21% | 47.45B |
| FY2014 | 31 May 2014 | 2.10B | +34.34% | 4.60% | 45.57B |
| FY2013 | 31 May 2013 | 1.56B | -23.18% | 3.52% | 44.29B |
| FY2012 | 31 May 2012 | 2.03B | +39.94% | 4.76% | 42.68B |
| FY2011 | 31 May 2011 | 1.45B | +22.64% | 3.69% | 39.30B |
| FY2010 | 31 May 2010 | 1.18B | +1,108.16% | 3.41% | 34.73B |
| FY2009 | 31 May 2009 | 98.00M | -91.29% | 0.28% | 35.50B |
| FY2008 | 31 May 2008 | 1.13B | -44.20% | 2.96% | 37.95B |
| FY2007 | 31 May 2007 | 2.02B | +11.63% | 5.72% | 35.21B |
| FY2006 | 31 May 2006 | 1.81B | +24.64% | 5.59% | 32.29B |
| FY2005 | 31 May 2005 | 1.45B | +72.91% | 4.93% | 29.36B |
| FY2004 | 31 May 2004 | 838.00M | +0.96% | 3.39% | 24.71B |
| FY2003 | 31 May 2003 | 830.00M | +16.90% | 3.69% | 22.49B |
| FY2002 | 31 May 2002 | 710.00M | +21.50% | 3.45% | 20.61B |
| FY2001 | 31 May 2001 | 584.37M | -15.10% | 2.98% | 19.63B |
| FY2000 | 31 May 2000 | 688.34M | +9.03% | 3.77% | 18.26B |
| FY1999 | 31 May 1999 | 631.33M | +25.51% | 3.76% | 16.77B |
| FY1998 | 31 May 1998 | 503.03M | +39.27% | 3.17% | 15.87B |
| FY1997 | 31 May 1997 | 361.20M | +17.35% | 3.14% | 11.52B |
| FY1996 | 31 May 1996 | 307.80M | +3.43% | 3.00% | 10.27B |
| FY1995 | 31 May 1995 | 297.60M | +45.60% | 3.17% | 9.39B |
| FY1994 | 31 May 1994 | 204.40M | +279.22% | 2.41% | 8.48B |
| FY1993 | 31 May 1993 | 53.90M | — | 0.69% | 7.81B |
| FY1992 | 31 May 1992 | -113.80M | -2,028.81% | -1.51% | 7.55B |
| FY1991 | 31 May 1991 | 5.90M | -94.91% | 0.08% | 7.69B |
| FY1990 | 31 May 1990 | 115.80M | -30.45% | 1.65% | 7.02B |
| FY1989 | 31 May 1989 | 166.50M | -11.29% | 3.22% | 5.17B |
| FY1988 | 31 May 1988 | 187.70M | — | 4.83% | 3.88B |
| FY1987 | 31 May 1987 | -65.50M | -149.70% | -2.06% | 3.18B |
| FY1986 | 31 May 1986 | 131.80M | — | 5.06% | 2.61B |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q1 FY2027 | 30 Sept 2026 | 290.00M | — | 1.27% | 22.86B |
| Q4 FY2026 | 31 May 2026 | 1.60B | -3.03% | 6.39% | 25.01B |
| Q3 FY2026 | 28 Feb 2026 | 1.06B | +16.17% | 4.40% | 24.00B |
| Q2 FY2026 | 30 Nov 2025 | 956.00M | +29.01% | 4.07% | 23.47B |
| Q1 FY2026 | 31 Aug 2025 | 824.00M | +3.78% | 3.70% | 22.24B |
| Q4 FY2025 | 31 May 2025 | 1.65B | +11.80% | 7.42% | 22.22B |
| Q3 FY2025 | 28 Feb 2025 | 909.00M | +3.41% | 4.10% | 22.16B |
| Q2 FY2025 | 30 Nov 2024 | 741.00M | -17.67% | 3.37% | 21.97B |
| Q1 FY2025 | 31 Aug 2024 | 794.00M | -26.35% | 3.68% | 21.58B |
| Q4 FY2024 | 31 May 2024 | 1.47B | -4.16% | 6.67% | 22.11B |
| Q3 FY2024 | 29 Feb 2024 | 879.00M | +14.01% | 4.04% | 21.74B |
| Q2 FY2024 | 30 Nov 2023 | 900.00M | +14.21% | 4.06% | 22.17B |
| Q1 FY2024 | 31 Aug 2023 | 1.08B | +23.20% | 4.97% | 21.68B |
| Q4 FY2023 | 31 May 2023 | 1.54B | +175.63% | 7.01% | 21.93B |
| Q3 FY2023 | 28 Feb 2023 | 771.00M | -30.67% | 3.48% | 22.17B |
| Q2 FY2023 | 30 Nov 2022 | 788.00M | -24.52% | 3.45% | 22.81B |
| Q1 FY2023 | 31 Aug 2022 | 875.00M | -21.31% | 3.76% | 23.24B |
| Q4 FY2022 | 31 May 2022 | 558.00M | -70.13% | 2.29% | 24.39B |
| Q3 FY2022 | 28 Feb 2022 | 1.11B | +24.66% | 4.70% | 23.64B |
| Q2 FY2022 | 30 Nov 2021 | 1.04B | -14.85% | 4.46% | 23.40B |
| Q1 FY2022 | 31 Aug 2021 | 1.11B | -10.68% | 5.07% | 21.94B |
| Q4 FY2021 | 31 May 2021 | 1.87B | — | 8.28% | 22.57B |
| Q3 FY2021 | 28 Feb 2021 | 892.00M | +183.17% | 4.15% | 21.48B |
| Q2 FY2021 | 30 Nov 2020 | 1.23B | +118.93% | 5.98% | 20.49B |
| Q1 FY2021 | 31 Aug 2020 | 1.25B | +67.11% | 6.44% | 19.32B |
| Q4 FY2020 | 31 May 2020 | -334.00M | — | -1.92% | 17.36B |
| Q3 FY2020 | 29 Feb 2020 | 315.00M | -57.37% | 1.80% | 17.49B |
| Q2 FY2020 | 30 Nov 2019 | 560.00M | -40.11% | 3.23% | 17.32B |
| Q1 FY2020 | 31 Aug 2019 | 745.00M | -10.78% | 4.37% | 17.05B |
| Q4 FY2019 | 31 May 2019 | -1.97B | -274.71% | -11.06% | 17.81B |
| Q3 FY2019 | 28 Feb 2019 | 739.00M | -64.37% | 4.34% | 17.01B |
| Q2 FY2019 | 30 Nov 2018 | 935.00M | +20.65% | 5.25% | 17.82B |
| Q1 FY2019 | 31 Aug 2018 | 835.00M | +40.10% | 4.90% | 17.05B |
| Q4 FY2018 | 31 May 2018 | 1.13B | +10.49% | 6.51% | 17.31B |
| Q3 FY2018 | 28 Feb 2018 | 2.07B | +269.04% | 12.55% | 16.53B |
| Q2 FY2018 | 30 Nov 2017 | 775.00M | +10.71% | 4.75% | 16.31B |
| Q1 FY2018 | 31 Aug 2017 | 596.00M | -16.64% | 3.90% | 15.30B |
| Q4 FY2017 | 31 May 2017 | 1.02B | — | 6.49% | 15.73B |
| Q3 FY2017 | 28 Feb 2017 | 562.00M | +10.85% | 3.75% | 15.00B |
| Q2 FY2017 | 30 Nov 2016 | 700.00M | +1.30% | 4.69% | 14.93B |
| Q1 FY2017 | 31 Aug 2016 | 715.00M | +3.32% | 4.88% | 14.66B |
| Q4 FY2016 | 31 May 2016 | -70.00M | — | -0.54% | 12.98B |
| Q3 FY2016 | 29 Feb 2016 | 507.00M | -12.59% | 4.01% | 12.65B |
| Q2 FY2016 | 30 Nov 2015 | 691.00M | +12.18% | 5.55% | 12.45B |
| Q1 FY2016 | 31 Aug 2015 | 692.00M | +14.19% | 5.64% | 12.28B |
| Q4 FY2015 | 31 May 2015 | -752.00M | -203.01% | -6.21% | 12.11B |
| Q3 FY2015 | 28 Feb 2015 | 580.00M | +53.44% | 4.95% | 11.72B |
| Q2 FY2015 | 30 Nov 2014 | 616.00M | +23.20% | 5.16% | 11.94B |
| Q1 FY2015 | 31 Aug 2014 | 606.00M | +23.93% | 5.19% | 11.68B |
| Q4 FY2014 | 31 May 2014 | 730.00M | +140.92% | 6.17% | 11.84B |
| Q3 FY2014 | 28 Feb 2014 | 378.00M | +4.71% | 3.34% | 11.30B |
| Q2 FY2014 | 30 Nov 2013 | 500.00M | +14.16% | 4.38% | 11.40B |
| Q1 FY2014 | 31 Aug 2013 | 489.00M | +6.54% | 4.44% | 11.02B |
| Q4 FY2013 | 31 May 2013 | 303.00M | -44.91% | 2.65% | 11.44B |
| Q3 FY2013 | 28 Feb 2013 | 361.00M | -30.71% | 3.30% | 10.95B |
| Q2 FY2013 | 30 Nov 2012 | 438.00M | -11.87% | 3.94% | 11.11B |
| Q1 FY2013 | 31 Aug 2012 | 459.00M | -1.08% | 4.25% | 10.79B |
| Q4 FY2012 | 31 May 2012 | 550.00M | -1.43% | 5.00% | 11.01B |
| Q3 FY2012 | 29 Feb 2012 | 521.00M | +125.54% | 4.93% | 10.56B |
| Q2 FY2012 | 30 Nov 2011 | 497.00M | +75.62% | 4.69% | 10.59B |
| Q1 FY2012 | 31 Aug 2011 | 464.00M | +22.11% | 4.41% | 10.52B |
| Q4 FY2011 | 31 May 2011 | 558.00M | +33.17% | 5.29% | 10.55B |
| Q3 FY2011 | 28 Feb 2011 | 231.00M | -3.35% | 2.39% | 9.66B |
| Q2 FY2011 | 30 Nov 2010 | 283.00M | -17.97% | 2.94% | 9.63B |
| Q1 FY2011 | 31 Aug 2010 | 380.00M | +109.94% | 4.02% | 9.46B |
| Q4 FY2010 | 31 May 2010 | 419.00M | — | 4.44% | 9.43B |
| Q3 FY2010 | 28 Feb 2010 | 239.00M | +146.39% | 2.75% | 8.70B |
| Q2 FY2010 | 30 Nov 2009 | 345.00M | -30.02% | 4.01% | 8.60B |
| Q1 FY2010 | 31 Aug 2009 | 181.00M | -52.86% | 2.26% | 8.01B |
| Q4 FY2009 | 31 May 2009 | -876.00M | — | -11.16% | 7.85B |
| Q3 FY2009 | 28 Feb 2009 | 97.00M | -75.32% | 1.19% | 8.14B |
| Q2 FY2009 | 30 Nov 2008 | 493.00M | +2.92% | 5.17% | 9.54B |
| Q1 FY2009 | 31 Aug 2008 | 384.00M | -22.27% | 3.85% | 9.97B |
| Q4 FY2008 | 31 May 2008 | -241.00M | -139.51% | -2.44% | 9.87B |
| Q3 FY2008 | 29 Feb 2008 | 393.00M | -6.43% | 4.16% | 9.44B |
| Q2 FY2008 | 30 Nov 2007 | 479.00M | -6.26% | 5.07% | 9.45B |
| Q1 FY2008 | 31 Aug 2007 | 494.00M | +4.00% | 5.37% | 9.20B |
| Q4 FY2007 | 31 May 2007 | 610.00M | +7.39% | 6.67% | 9.15B |
| Q3 FY2007 | 28 Feb 2007 | 420.00M | -1.87% | 4.89% | 8.59B |
| Q2 FY2007 | 30 Nov 2006 | 511.00M | +8.49% | 5.72% | 8.93B |
| Q1 FY2007 | 31 Aug 2006 | 475.00M | +40.12% | 5.56% | 8.55B |
| Q4 FY2006 | 31 May 2006 | 568.00M | +26.79% | 6.69% | 8.49B |
| Q3 FY2006 | 28 Feb 2006 | 428.00M | +35.02% | 5.35% | 8.00B |
| Q2 FY2006 | 30 Nov 2005 | 471.00M | +33.05% | 5.82% | 8.09B |
| Q1 FY2006 | 31 Aug 2005 | 339.00M | +2.73% | 4.40% | 7.71B |
| Q4 FY2005 | 31 May 2005 | 448.00M | +8.74% | 5.81% | 7.72B |
| Q3 FY2005 | 28 Feb 2005 | 317.00M | +53.14% | 4.32% | 7.34B |
| Q2 FY2005 | 30 Nov 2004 | 354.00M | +289.01% | 4.83% | 7.33B |
| Q1 FY2005 | 31 Aug 2004 | 330.00M | +157.81% | 4.73% | 6.98B |
| Q4 FY2004 | 31 May 2004 | 412.00M | +47.14% | 5.85% | 7.04B |
| Q3 FY2004 | 29 Feb 2004 | 207.00M | +40.82% | 3.41% | 6.06B |
| Q2 FY2004 | 30 Nov 2003 | 91.00M | -62.86% | 1.54% | 5.92B |
| Q1 FY2004 | 31 Aug 2003 | 128.00M | -18.99% | 2.25% | 5.69B |
| Q4 FY2003 | 31 May 2003 | 280.00M | +18.64% | 4.80% | 5.83B |
| Q3 FY2003 | 28 Feb 2003 | 147.00M | +22.50% | 2.65% | 5.55B |
| Q2 FY2003 | 30 Nov 2002 | 245.00M | 0.00% | 4.32% | 5.67B |
| Q1 FY2003 | 31 Aug 2002 | 158.00M | +44.95% | 2.90% | 5.45B |
| Q4 FY2002 | 31 May 2002 | 236.00M | +108.45% | 4.36% | 5.42B |
| Q3 FY2002 | 28 Feb 2002 | 120.00M | +10.41% | 2.39% | 5.02B |
| Q2 FY2002 | 30 Nov 2001 | 245.00M | +26.42% | 4.77% | 5.14B |
| Q1 FY2002 | 31 Aug 2001 | 109.00M | -35.37% | 2.16% | 5.04B |
| Q4 FY2001 | 31 May 2001 | 113.22M | -53.79% | 2.21% | 5.12B |
| Q3 FY2001 | 28 Feb 2001 | 108.69M | -3.92% | 2.25% | 4.84B |
| Q2 FY2001 | 30 Nov 2000 | 193.80M | +13.21% | 3.96% | 4.89B |
| Q1 FY2001 | 31 Aug 2000 | 168.66M | +6.08% | 3.53% | 4.78B |
| Q4 FY2000 | 31 May 2000 | 244.99M | +10.69% | 5.05% | 4.85B |
| Q3 FY2000 | 29 Feb 2000 | 113.13M | +45.41% | 2.50% | 4.52B |
| Q2 FY2000 | 30 Nov 1999 | 171.18M | -6.36% | 3.75% | 4.57B |
| Q1 FY2000 | 31 Aug 1999 | 159.00M | +6.43% | 3.68% | 4.32B |
| Q4 FY1999 | 31 May 1999 | 221.33M | +29.64% | 5.05% | 4.38B |
| Q3 FY1999 | 28 Feb 1999 | 77.80M | +339.55% | 1.90% | 4.10B |
| Q2 FY1999 | 30 Nov 1998 | 182.80M | +70.84% | 4.34% | 4.21B |
| Q1 FY1999 | 31 Aug 1998 | 149.40M | +4.26% | 3.66% | 4.08B |
| Q4 FY1998 | 31 May 1998 | 170.73M | +28.85% | 4.19% | 4.08B |
| Q3 FY1998 | 28 Feb 1998 | 17.70M | -71.90% | 0.44% | 3.99B |
| Q2 FY1998 | 30 Nov 1997 | 107.00M | +3.18% | 3.24% | 3.30B |
| Q1 FY1998 | 31 Aug 1997 | 143.30M | +131.13% | 4.35% | 3.30B |
| Q4 FY1997 | 31 May 1997 | 132.50M | +14.82% | 4.32% | 3.07B |
| Q3 FY1997 | 28 Feb 1997 | 63.00M | +131.62% | 2.17% | 2.91B |
| Q2 FY1997 | 30 Nov 1996 | 103.70M | +15.35% | 3.64% | 2.85B |
| Q1 FY1997 | 31 Aug 1996 | 62.00M | -17.66% | 2.30% | 2.69B |
| Q4 FY1996 | 31 May 1996 | 115.40M | +32.34% | 4.22% | 2.74B |
| Q3 FY1996 | 29 Feb 1996 | 27.20M | -56.89% | 1.07% | 2.54B |
| Q2 FY1996 | 30 Nov 1995 | 89.90M | +4.41% | 3.53% | 2.55B |
| Q1 FY1996 | 31 Aug 1995 | 75.30M | +23.24% | 3.07% | 2.45B |
| Q4 FY1995 | 31 May 1995 | 87.20M | +8.05% | 3.53% | 2.47B |
| Q3 FY1995 | 28 Feb 1995 | 63.10M | +102.24% | 2.71% | 2.33B |
| Q2 FY1995 | 30 Nov 1994 | 86.10M | +44.22% | 3.65% | 2.36B |
| Q1 FY1995 | 31 Aug 1994 | 61.10M | +85.71% | 2.74% | 2.23B |
| Q4 FY1994 | 31 May 1994 | 80.70M | — | 3.56% | 2.26B |
| Q3 FY1994 | 28 Feb 1994 | 31.20M | +197.14% | 1.50% | 2.08B |
| Q2 FY1994 | 30 Nov 1993 | 59.70M | +57.52% | 2.81% | 2.12B |
| Q1 FY1994 | 31 Aug 1993 | 32.90M | +169.67% | 1.63% | 2.02B |
| Q4 FY1993 | 31 May 1993 | -6.80M | -118.99% | -0.33% | 2.04B |
| Q3 FY1993 | 28 Feb 1993 | 10.50M | — | 0.54% | 1.94B |
| Q2 FY1993 | 30 Nov 1992 | 37.90M | +43.02% | 1.93% | 1.96B |
| Q1 FY1993 | 31 Aug 1992 | 12.20M | -29.07% | 0.65% | 1.86B |
| Q4 FY1992 | 31 May 1992 | 35.80M | +15.48% | 1.89% | 1.89B |
| Q3 FY1992 | 29 Feb 1992 | -193.40M | — | -10.24% | 1.89B |
| Q2 FY1992 | 30 Nov 1991 | 26.50M | -29.14% | 1.36% | 1.94B |
| Q1 FY1992 | 31 Aug 1991 | 17.20M | -60.09% | 0.94% | 1.83B |
| Q4 FY1991 | 31 May 1991 | 31.00M | -28.24% | 1.62% | 1.91B |
| Q3 FY1991 | 28 Feb 1991 | -105.60M | -2,130.77% | -5.66% | 1.86B |
| Q2 FY1991 | 30 Nov 1990 | 37.40M | +1.08% | 1.88% | 1.99B |
| Q1 FY1991 | 31 Aug 1990 | 43.10M | +41.78% | 2.25% | 1.92B |
| Q4 FY1990 | 31 May 1990 | 43.20M | +5.37% | 2.26% | 1.91B |
| Q3 FY1990 | 28 Feb 1990 | 5.20M | -79.03% | 0.30% | 1.73B |
| Q2 FY1990 | 30 Nov 1989 | 37.00M | -29.52% | 2.15% | 1.72B |
| Q1 FY1990 | 31 Aug 1989 | 30.40M | -36.93% | 1.85% | 1.65B |
| Q4 FY1989 | 31 May 1989 | 41.00M | -25.18% | 2.46% | 1.67B |
| Q3 FY1989 | 28 Feb 1989 | 24.80M | -32.05% | 1.93% | 1.28B |
| Q2 FY1989 | 30 Nov 1988 | 52.50M | +19.32% | 4.62% | 1.14B |
| Q1 FY1989 | 31 Aug 1988 | 48.20M | -8.02% | 4.47% | 1.08B |
| Q4 FY1988 | 31 May 1988 | 54.80M | +41.60% | 5.21% | 1.05B |
| Q3 FY1988 | 29 Feb 1988 | 36.50M | +1.67% | 3.74% | 977.20M |
| Q2 FY1988 | 30 Nov 1987 | 44.00M | — | 4.66% | 943.60M |
| Q1 FY1988 | 31 Aug 1987 | 52.40M | +111.29% | 5.76% | 909.40M |
| Q4 FY1987 | 31 May 1987 | 38.70M | -0.51% | 4.45% | 869.70M |
| Q3 FY1987 | 28 Feb 1987 | 35.90M | +36.50% | 4.49% | 798.90M |
| Q2 FY1987 | 30 Nov 1986 | -164.90M | -572.49% | -21.04% | 783.70M |
| Q1 FY1987 | 31 Aug 1986 | 24.80M | -21.52% | 3.42% | 726.00M |
| Q4 FY1986 | 31 May 1986 | 38.90M | — | 5.38% | 723.20M |
| Q3 FY1986 | 28 Feb 1986 | 26.30M | — | 3.94% | 668.10M |
| Q2 FY1986 | 30 Nov 1985 | 34.90M | — | 5.58% | 625.50M |
| Q1 FY1986 | 31 Aug 1985 | 31.60M | — | 5.36% | 589.30M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about FedEx's profit
Source: Financial Modeling Prep