Source: FedEx Freight's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2024
FY2025
FY2026
Revenue
$9.42B
$8.89B
$8.79B
Operating income
$1.75B
$1.40B
$540.00M
Interest expense
$0
$0
$57.00M
Pre-tax income
$2.08B
$1.80B
$884.00M
Income tax
$505.00M
$456.00M
$229.00M
Net income
$1.57B
$1.35B
$655.00M
EBITDA
$2.21B
$1.88B
$1.05B
EPS (basic)
$10.53
$9.00
$4.38
EPS (diluted)
$10.53
$9.00
$4.38
Diluted shares
149.51M
149.51M
149.51M
Operating margin
18.6%
15.8%
6.1%
Net margin
16.7%
15.1%
7.4%
Balance sheet
fiscal years · USD
Fiscal year
FY2024
FY2025
FY2026
Cash & equivalents
—
$109.00M
$251.00M
Receivables
—
$132.00M
$1.15B
Total current assets
—
$284.00M
$1.51B
Goodwill
$602.00M
$602.00M
$602.00M
Total assets
—
$5.02B
$6.88B
Total current liabilities
—
$773.00M
$993.00M
Short-term debt
—
$7.00M
$43.00M
Long-term debt
—
$66.00M
$4.30B
Total debt
—
$73.00M
$4.34B
Total liabilities
—
$2.63B
$7.38B
Shareholders' equity
$2.12B
$2.39B
-$497.00M
Cash flow
fiscal years · USD
Fiscal year
FY2024
FY2025
FY2026
Operating cash flow
$1.54B
$1.53B
$167.00M
Capital expenditures
$461.00M
$437.00M
$379.00M
Free cash flow
$1.08B
$1.09B
-$212.00M
Investing cash flow
-$403.00M
-$385.00M
-$363.00M
Financing cash flow
-$1.13B
-$1.14B
$335.00M
Dividends paid
$0
$0
$48.00M
Stock-based compensation
$12.00M
$10.00M
$13.00M
Depreciation & amortization
$455.00M
$471.00M
$512.00M
Income statement
quarters · USD
Quarter ended
Sep 2025
Sep 2026
Revenue
$2.26B
$2.44B
Operating income
$290.00M
$253.00M
Interest expense
$0
$55.00M
Pre-tax income
$391.00M
$204.00M
Income tax
$100.00M
$57.00M
Net income
$291.00M
$147.00M
EBITDA
$415.00M
$367.00M
EPS (basic)
$1.95
$0.98
EPS (diluted)
$1.95
$0.98
Diluted shares
149.50M
149.90M
Operating margin
12.8%
10.4%
Net margin
12.9%
6.0%
Balance sheet
quarters · USD
Quarter ended
Sep 2025
Sep 2026
Cash & equivalents
—
$388.00M
Receivables
—
$1.26B
Total current assets
—
$1.85B
Goodwill
—
$602.00M
Total assets
—
$7.22B
Total current liabilities
—
$1.14B
Short-term debt
—
$45.00M
Long-term debt
—
$4.20B
Total debt
—
$4.25B
Total liabilities
—
$7.47B
Shareholders' equity
$1.74B
-$252.00M
Cash flow
quarters · USD
Quarter ended
Sep 2025
Sep 2026
Stock-based compensation
$3.00M
$9.00M
Depreciation & amortization
$125.00M
$114.00M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.