Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · FedEx (FDX)

FedEx recasts 2025 results after Freight spin-off and fiscal year change

Positive Impact 3 of 5 earnings Written later

FedEx filed unaudited supplemental historical financials recast for its new December fiscal year end and the June 1, 2026 spin-off of FedEx Freight, which is now presented as discontinued operations. On a recast basis, calendar 2025 revenue rose to $82.5 billion from $79.1 billion in 2024, and diluted earnings per share rose to $19.09 from $17.08. The figures are for information only and do not restate previously issued statements.

Key points

  • Fiscal year changed from May 31 to December 31, effective June 1, 2026; a seven-month transition period runs through December 31, 2026, covered in a Transition Report on Form 10-K.
  • Calendar 2025 recast total revenue was $82,463 million vs. $79,130 million in 2024; total operating income was $4,554 million vs. $3,272 million.
  • Diluted EPS for calendar 2025 was $19.09 vs. $17.08 in 2024; continuing operations diluted EPS was $14.62 vs. $10.74.
  • FedEx announced on July 1, 2026 that it will sell FedEx Supply Chain to CMA CGM Group for $1.4 billion, with closing expected in the second half of calendar 2026.

The filing

CompanyFedEx (FDX)
Form8-K, current report
Filed with the SECJul 21, 2026, 4:09 PM ET
Accession number0001048911-26-000108

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 July 21, 2026.

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.