Filing Flows › FedEx (FDX) › Q4 FY26 › vs Q4 FY25
FedEx (FDX) Q4 FY26 vs Q4 FY25 (year over year)
FedEx's revenue rose $2.8B (+13%) from $22.2B in Q4 FY25 to $25.0B in Q4 FY26. Operating margin 6.2% against 8.1% (-1.9 pts).
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 draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Operating margin | 6.2% | 8.1% | -1.9 pts |
| Net margin | 6.4% | 7.4% | -1.0 pts |
| Free cash flow margin | 7.2% | 4.7% | +2.5 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $25.0B | $22.2B | $2.8B | +13% |
| Other income, net | $556M | $430M | $126M | +29% |
| Operating profit | $1.6B | $1.8B | −$242M | -13% |
| Costs & expenses | $23.5B | $20.4B | $3.0B | +15% |
| Pre-tax earnings | $2.1B | $2.2B | −$116M | -5% |
| Net earnings | $1.6B | $1.6B | −$51.0M | -3% |
| Income tax | $510M | $575M | −$65.0M | -11% |
| Depreciation & amortization | $1.1B | $1.1B | $40.0M | +4% |
| Share-based compensation | $41.0M | $38.0M | $3.0M | +8% |
| Working capital & other | $530M | −$224M | $754M | — |
| Operating cash flow | $3.3B | $2.5B | $746M | +30% |
| Free cash flow (OCF − capex) | $1.8B | $1.0B | $745M | +71% |
| Capital expenditures | $1.5B | $1.5B | $1.0M | +0.1% |
Questions
How much did FedEx's revenue grow year over year in Q4 FY26?
FedEx's revenue rose $2.8B (+13%) from $22.2B in Q4 FY25 to $25.0B in Q4 FY26. Operating margin 6.2% against 8.1% (-1.9 pts).