FedEx Reports Strong Third Quarter Results
Business Wire•28/10/2026•16:09 ET
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Key Highlights
- ➤Revenue $22.9B, adjusted operating income $1.20B, adjusted EPS $3.74
- ➤2026 adjusted EPS outlook raised to $18.00-$18.60 from $16.90-$18.10
- ➤FedEx completed $2.0B share repurchases, with $4.3B authorization remaining
- ➤FedEx sold Supply Chain subsidiary to CMA CGM for approximately $1.4B
- ➤January 2027 parcel shipping rates increase by average 5.9%
Expert Statements
Raj Subramaniam, President and Chief Executive Officer of FedEx Corp.
“As our strong operating results and adjusted free cash flow demonstrate, FedEx is winning across high-value market segments while we optimize our network, driving an increase to our full-year outlook”
Raj Subramaniam, President and Chief Executive Officer of FedEx Corp.
“As we advance our transformation, we remain committed to disciplined operational execution to reduce our cost-to-serve while focusing on profitable growth. We have the right strategy in place to continue to be the world’s premier B2B parcel and air freight provider, leverage our digital insights to unlock new markets, and use disciplined capital allocation to create additional stockholder value.”
Claude Russ, Enterprise Vice President and Interim Chief Financial Officer of FedEx Corp.
“Our solid third quarter results and higher 2026 financial outlook reflect the focused execution of our strategy, demonstrating momentum toward our 2029 financial targets.”
Claude Russ, Enterprise Vice President and Interim Chief Financial Officer of FedEx Corp.
“Our decision to repurchase $2 billion of FedEx stock displays our conviction in achieving our 2029 financial targets and our commitment to deploy our strong free cash flow to increase stockholder returns.”
Completed $2 Billion of Share Repurchases in June-September Period
FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the quarter ended September 30 (adjusted measures exclude the items listed below): Three Months Ended
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