FedEx Freight Reports Solid Financial Results for the Four-Month Transition Period Ended September 30, 2026
Business Wire•29/10/2026•16:07 ET
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Key Highlights
- ➤Revenue $3.3 billion, up 9.2% year-over-year
- ➤Adjusted operating income $510 million, up 16.4% year-over-year
- ➤Transition-period revenue forecast raised to $5.58 billion-$5.65 billion
- ➤Transition-period adjusted operating income forecast raised to $695 million-$715 million
- ➤December-quarter adjusted operating income forecast is $185 million-$205 million
Expert Statements
John Smith, President and chief executive officer of FedEx Freight
“Our first four months as a standalone company reflect solid execution across the organization and meaningful progress against the clear strategic priorities we outlined earlier this year.”
John Smith, President and chief executive officer of FedEx Freight
“While we are in the early stages of our journey as an independent company, we are encouraged by the momentum we are seeing across our operational, commercial, and technology initiatives.”
John Smith, President and chief executive officer of FedEx Freight
“Guided by a clear and consistent strategy, we remain confident in the opportunities ahead and our ability to continue strengthening the business for long-term success.”
Marshall Witt, Chief financial officer of FedEx Freight
“The operational, commercial, and technology progress we achieved during the period is beginning to translate into tangible financial results.”
Marshall Witt, Chief financial officer of FedEx Freight
“Underlying performance was largely in line with our expectations as our initiatives are strengthening the foundation for improved growth and profitability.”
Marshall Witt, Chief financial officer of FedEx Freight
“We have updated our transition period outlook to reflect fuel tailwinds and slightly higher volume assumptions, and we remain confident in the base business as we approach 2027.”
FedEx Freight Reports Solid Financial Results for the Four-Month Transition Period Ended September 30, 2026
Delivered Solid Financial Performance During Inaugural Period as an Independent Company
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