FedEx Reports Third Quarter Results, Completes $2 Billion Repurchase and Raises 2026 Outlook
FedEx reported its third quarter financial results for the period ended September 30, 2026, showing revenue of $22.9 billion and diluted earnings per share of $1.21 on a GAAP basis. The company completed $2.0 billion in share repurchases and raised its full-year calendar 2026 revenue and adjusted earnings per share outlook. Additionally, FedEx completed the sale of FedEx Supply Chain to CMA CGM Group for approximately $1.4 billion.
Key points
- Revenue reached $22.9 billion for the quarter ended September 30, 2026, compared to $20.4 billion in the prior-year period.
- FedEx completed $2.0 billion of share repurchases and raised its calendar 2026 adjusted diluted EPS forecast to $18.00 to $18.60.
- The sale of FedEx Supply Chain to CMA CGM Group was completed on October 1, 2026, for approximately $1.4 billion.
- Parcel shipping rates are scheduled to increase by an average of 5.9% effective January 4, 2027.
The filing
Written by AI (Google Gemini, gemini-3.5-flash-lite) on Oct 29, 2026, 3:00 AM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.