FedEx posts $25B Q4 revenue, completes Freight spin-off

• FedEx (NYSE:FDX) reported $25 billion in Q4 FY2026 revenue and adjusted EPS of $6.60, topping Wall Street expectations.
• Full-year revenue rose to $94.7 billion, while adjusted EPS came in at $20.24 for FY2026.
• The company completed the spin-off of FedEx Freight and exceeded its cost-cutting target with over $1 billion in structural savings.

FedEx (NYSE:FDX) reported fourth-quarter fiscal 2026 revenue of $25 billion and adjusted earnings per share of $6.60, driven by higher volumes and cost efficiency initiatives.

The company’s revenue increased 12.6% year-over-year, while adjusted EPS declined from $6.88 in the same quarter last year, reflecting mixed profitability trends despite stronger top-line performance.

During the period under review, FedEx reported net income of $1.6 billion for the quarter and full-year revenue of $94.7 billion, alongside adjusted EPS of $20.24 for fiscal 2026.

FedEx also completed the spin-off of its Freight segment on June 1, 2026, with the unit paying a $4.1 billion cash dividend to the parent company as part of the separation process.

The company also exceeded its DRIVE transformation targets with more than $1 billion in cost savings and reduced capital spending to $3.8 billion, equal to 4% of revenue, the lowest in its history.

Looking ahead, FedEx guided fiscal 2027 revenue growth of about 11%, with adjusted EPS projected between $16.90 and $18.10.