stockrowFedEx Corporation
FDX Industrials Integrated Freight & Logistics
FedEx Corporation’s revenue for fiscal 2026 (year ended May 2026) was $94.7 billion, up 7.73% from fiscal 2025.
- Revenue
- +11.9%
- EPS
- −68.5%
- Free cash flow
- +62.2%
- Total debt
- −18.3%
Quarter to September 2026, against a year earlier
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FedEx Corporation (FDX) Gross margin
FedEx Corporation's gross margin over the twelve months to 30 September 2026 was 69.5%, down 1.2 percentage points from fiscal 2026 (70.8%). Over the past ten years it has ranged from 68.7% (fiscal 2022) to 75.5% (fiscal 2016); the current reading is higher than 58% of that period. That is above the Integrated Freight & Logistics industry median of 25.1% and above the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 70.8% | (0.16) |
| FY2025 | 71.0% | 0.18 |
| FY2024 | 70.8% | 1.49 |
| FY2023 | 69.3% | 0.54 |
| FY2022 | 68.7% | (2.01) |
| FY2021 | 70.8% | 0.54 |
| FY2020 | 70.2% | (0.31) |
| FY2019 | 70.5% | (1.25) |
| FY2018 | 71.8% | (1.04) |
| FY2017 | 72.8% | (2.64) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 66.2% | (3.42) |
| May 2026 | 69.6% | (1.46) |
| Feb 2026 | 71.1% | (0.06) |
| Nov 2025 | 71.1% | 1.45 |
| 44 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| UPS United Parcel Service, Inc. compare | 77.3% |
| FDX FedEx Corporation | 69.5% |
| JBHT J.B. Hunt Transport Services, Inc. compare | 42.8% |
| EXPD Expeditors International of Washington, Inc. compare | 31.7% |
| ZTO ZTO Express (Cayman) Inc. compare | 25.1% |
| LSTR Landstar System, Inc. compare | 22.2% |
| CHRW C.H. Robinson Worldwide, Inc. compare | 15.7% |
| GXO GXO Logistics, Inc. compare | 15.0% |
| FDXF FedEx Freight Holding Company Inc. compare | — |
| Integrated Freight & Logistics industry median | 25.1% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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