FedEx Corporation revenue by year
Over the 10 fiscal years shown, revenue went from $60.32B (year ended May 31, 2017) to $94.72B (year ended May 31, 2026), a compound annual growth rate of 5.1%. The fastest growth was +21.3% in the year ended May 31, 2021; the weakest year was −3.6% (year ended May 31, 2023).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| May 31, 2026 | $94.72B | +7.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 20, 2026 |
| May 31, 2025 | $87.93B | +0.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 20, 2026 |
| May 31, 2024 | $87.69B | −2.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 20, 2026 |
| May 31, 2023 | $90.16B | −3.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 21, 2025 |
| May 31, 2022 | $93.51B | +11.4% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 15, 2024 |
| May 31, 2021 | $83.96B | +21.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 17, 2023 |
| May 31, 2020 | $69.22B | −0.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 18, 2022 |
| May 31, 2019 | $69.69B | +6.5% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Jul 19, 2021 |
| May 31, 2018 | $65.45B | +8.5% | Revenues | 10-K filed Jul 16, 2018 |
| May 31, 2017 | $60.32B | +19.8% | Revenues | 10-K filed Jul 16, 2018 |
FedEx Corporation reported revenue under 2 different XBRL concepts across these years (often after the 2018 change in revenue-recognition rules, ASC 606). Each row shows the concept used, so you can judge comparability.
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $22.86B | +11.9% | 10-Q filed Oct 28, 2026 |
| 3 months ended Feb 28, 2026 | $24.00B | +8.3% | 10-Q filed Mar 19, 2026 |
| 3 months ended Nov 30, 2025 | $23.47B | +6.8% | 10-Q filed Dec 18, 2025 |
| 3 months ended Sep 30, 2025 | $20.43B | — | 10-Q filed Oct 28, 2026 |
| 3 months ended Aug 31, 2025 | $22.24B | +3.1% | 10-Q filed Sep 18, 2025 |
| 3 months ended Feb 28, 2025 | $22.16B | +1.9% | 10-Q filed Mar 19, 2026 |
| 3 months ended Nov 30, 2024 | $21.97B | −0.9% | 10-Q filed Dec 18, 2025 |
| 3 months ended Aug 31, 2024 | $21.58B | −0.5% | 10-Q filed Sep 18, 2025 |
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.