FedEx Corporation income statement & cash flow
In the fiscal year ended May 31, 2026, FedEx Corporation reported net income of $4.43B on revenue of $94.72B. Operating cash flow was $8.93B.
Income statement and cash flow summary
| Fiscal year ended | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.32B | $65.45B | $69.69B | $69.22B | $83.96B | $93.51B | $90.16B | $87.69B | $87.93B | $94.72B |
| Operating income | $4.57B | $4.27B | $4.47B | $2.42B | $5.86B | $6.25B | $4.91B | $5.56B | $5.22B | $5.46B |
| Net income | $3.00B | $4.57B | $540.00M | $1.29B | $5.23B | $3.83B | $3.97B | $4.33B | $4.09B | $4.43B |
| Diluted EPS | $11.07 | $16.79 | $2.03 | $4.90 | $19.45 | $14.33 | $15.48 | $17.21 | $16.81 | $18.55 |
| Operating cash flow | $4.93B | $4.67B | $5.61B | $5.10B | $10.13B | $9.83B | $8.85B | $8.31B | $7.04B | $8.93B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| May 2026 | — | 5.8% | 4.7% |
| May 2025 | — | 5.9% | 4.7% |
| May 2024 | — | 6.3% | 4.9% |
| May 2023 | — | 5.4% | 4.4% |
| May 2022 | — | 6.7% | 4.1% |
Source: SEC EDGAR XBRL company facts for CIK 1048911 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.