FedEx Corporation (FDX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FDX Revenue Growth
Revenue Breakdown (FY 2025)
FDX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FDX Revenue Analysis (2014–2025)
As of May 8, 2026, FedEx Corporation (FDX) generated trailing twelve-month (TTM) revenue of $91.93 billion, reflecting solid growth of +8.3% year-over-year. The most recent quarter (Q3 2026) recorded $24.00 billion in revenue, up 2.3% sequentially.
Looking at the longer-term picture, FDX's 5-year compound annual growth rate (CAGR) stands at +4.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $93.51 billion in 2022.
Revenue diversification analysis shows FDX's business is primarily driven by Federal Express Segment (83%), Corporate Reconciling Items And Eliminations (13%), and Other International Revenue (4%). With over half of revenue concentrated in Federal Express Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including UPS (-2.7% YoY), XPO (+3.6% YoY), and ODFL (-5.5% YoY), FDX has outperformed the peer group in terms of revenue growth. Compare FDX vs UPS →
FDX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FDXCurrent | $91.9B | +8.3% | +4.9% | 6.9% | |
 UPS | $88.6B | -2.7% | +1.0% | 9.6% | |
 XPO | $8.2B | +3.6% | +5.7% | 8.9% | |
 ODFL | $5.5B | -5.5% | +6.5% | 24.8% | |
 SAIA | $3.2B | +0.3% | +12.2% | 10.9% | |
 JBHT | $12.0B | -0.7% | +4.5% | 7.2% |
FDX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $87.93B | +0.3% | $19.00B | 21.6% | $6.08B | 6.9% |
| 2024 | $87.69B | -2.7% | $18.95B | 21.6% | $6.36B | 7.2% |
| 2023 | $90.16B | -3.6% | $19.17B | 21.3% | $5.34B | 5.9% |
| 2022 | $93.51B | +11.6% | $20.17B | 21.6% | $6.52B | 7.0% |
| 2021 | $83.79B | +21.1% | $17.79B | 21.2% | $6.02B | 7.2% |
| 2020 | $69.22B | -0.7% | $13.34B | 19.3% | $2.85B | 4.1% |
| 2019 | $69.69B | +6.5% | $14.83B | 21.3% | $4.79B | 6.9% |
| 2018 | $65.45B | +8.5% | $14.10B | 21.5% | $5.13B | 7.8% |
| 2017 | $60.32B | +19.8% | $13.77B | 22.8% | $5.42B | 9.0% |
| 2016 | $50.37B | +6.1% | $11.83B | 23.5% | $3.52B | 7.0% |
Full FDX Stock Analysis
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Start ComparisonFDX — Frequently Asked Questions
Quick answers to the most common questions about buying FDX stock.
Is FDX's revenue growth accelerating or slowing?
FDX maintains +8.3% revenue growth, in line with its 5-year CAGR of +4.9%. TTM revenue stands at $91.9B. Growth rate remains consistent with historical average.
What is FDX's long-term revenue growth rate?
FedEx Corporation's 5-year revenue CAGR of +4.9% reflects the sustained expansion pattern. Current YoY growth of +8.3% is near this long-term average.
How is FDX's revenue distributed by segment?
FDX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.