Filing Flows › FedEx (FDX) › Q4 FY25
FedEx (FDX) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jul 21, 2025
FedEx (FDX) reported revenue of $22.2B for the fourth quarter fiscal 2025 (Q4 FY25), +0.5% from a year earlier and +0.3% from the quarter before. Operating margin was 8.1%, net earnings $1.6B (7.4% of revenue).
FedEx, Q4 FY25: revenue $22.2B (+0.5% year over year), operating margin 8.1%, net earnings $1.6B, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.2B | +0.3% | +0.5% |
| Operating profit | $1.8B | +39% | +15% |
| Net earnings | $1.6B | +81% | +12% |
| Operating cash flow | $2.5B | +25% | -7% |
| Free cash flow | $1.0B | +3% | -30% |
What changed
Revenue was $22.2B in Q4 FY25, up 1% year over year and roughly flat from the previous quarter.
Operating profit was $1.8B, a 8.1% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 214% reached operating profit, above the 7% margin then. Total costs fell 1% while revenue rose 1%. Net earnings were $1.6B, up 12% year over year. The effective tax rate was 25.9%.
Operating cash flow was $2.5B (down 7% year over year), 153% of net earnings. Non-cash charges added back $1.1B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.22B. Capital expenditures of $1.5B left free cash flow of $1.0B.
Questions
What was FedEx's revenue in the fourth quarter fiscal 2025?
FedEx (FDX) reported revenue of $22.2B for the fourth quarter fiscal 2025 (Q4 FY25), +0.5% from a year earlier and +0.3% from the quarter before.
Was FedEx profitable in the fourth quarter fiscal 2025?
Operating profit was $1.8B (8.1% of revenue) and net earnings $1.6B.
Source: FedEx 10-K on SEC EDGAR.