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FedEx (FDX) capital expenditures by quarter

FedEx's capital expenditures were $1.5B in Q4 FY26 (fourth quarter fiscal 2026), +54% from Q3 FY26. Over the last 6 quarters it ranged from $623M (Q1 FY26) to $1.5B (Q4 FY26).

FedEx capital expenditures by quarterFedEx capital expenditures by quarter$997MQ3 FY25$1.5BQ4 FY25$623MQ1 FY26$757MQ2 FY26$955MQ3 FY26$1.5BQ4 FY26
QuarterCapital expendituresQ/QY/Y
Q4 FY26$1.5B+54%+0.1%
Q3 FY26$955M+26%-4%
Q2 FY26$757M+22%—
Q1 FY26$623M-58%—
Q4 FY25$1.5B+48%—
Q3 FY25$997M——

Q4 FY26 at a glance

FedEx, Q4 FY26: revenue $25.0B (+12% year over year), operating margin 6.2%, net earnings $1.6B, operating cash flow $3.3B. The chart follows the revenue to costs, profit and cash.

Questions

What is FedEx's capital expenditures?

FedEx's capital expenditures were $1.5B in Q4 FY26 (fourth quarter fiscal 2026), +54% from Q3 FY26.

How has FedEx's capital expenditures changed?

Over the last 6 quarters it ranged from $623M (Q1 FY26) to $1.5B (Q4 FY26).

Q4 FY26 results → · How FedEx makes money →