AI brief of an SEC Form 8-K · FedEx (FDX)

FedEx first-quarter EPS rose 8% to $3.46; company initiates fiscal 2026 outlook

Positive Impact 3 of 5 earnings Written later

FedEx reported fiscal first-quarter results for the period ended August 31, 2025, with revenue of $22.2 billion, up 3% from a year earlier, and GAAP diluted EPS of $3.46, up from $3.21. The company also initiated full-year fiscal 2026 EPS guidance of $14.20 to $16.00 before pension mark-to-market adjustments, and reaffirmed its cost-reduction and capital spending targets. Shareholders are affected by the $0.5 billion of share repurchases in the quarter and the planned FedEx Freight spin-off by June 2026.

Key points

  • Revenue was $22.2 billion versus $21.6 billion a year earlier; GAAP operating income was $1.19 billion versus $1.08 billion.
  • GAAP diluted EPS was $3.46 versus $3.21; adjusted diluted EPS was $3.83 versus $3.60.
  • Fiscal 2026 EPS guidance is $14.20 to $16.00 before MTM pension adjustments, or $17.20 to $19.00 after excluding certain costs; revenue growth is forecast at 4% to 6%.
  • $0.5 billion of shares were repurchased in the quarter, with $1.6 billion remaining under the 2024 authorization as of August 31, 2025.

The filing

CompanyFedEx (FDX)
Form8-K, current report
Filed with the SECSep 18, 2025, 4:13 PM ET
Accession number0001048911-25-000042

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 18, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.