Trick Takeaways: 
- Net income of $ 824 million marked a rise from $ 794 million in the 2024 duration.
- Total Earnings climbed to $ 22 2 billion from $ 21 6 billion in the year-earlier duration.
- FedEx Freight remains on the right track to be dilated right into an openly traded company by June 2026
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FedEx Corp.’s earnings and profits raised in the 3 months finishing Aug. 31 , the company announced Sept. 18 in its first-quarter 2026 revenues report.
The Memphis, Tenn.-based bundle shipment gigantic published take-home pay of $ 824 million, or $ 3 46 a watered down share. That compared with $ 794 million, $ 3 21, throughout the very same time the previous year. Overall earnings increased 3 % to $ 22 2 billion from $ 21 6 billion.
“Our profits growth emphasizes the success of our calculated efforts , as we are flexing our network and reducing our cost-to-serve, while more enhancing our value suggestion and customer experience,” FedEx chief executive officer Raj Subramaniam said. “Our calculated efforts, coupled with our one-of-a-kind functional data system from relocating 17 million packages through our network daily, position us well to serve our clients in any kind of setting and to create lasting value for our stockholders.”
The report noted that the improvement in running results reflected stamina in domestic plan revenue and proceeded structural price reductions, and likewise highlighted that the outcomes were unfavorably affected by a non-recurring income tax expenditure. The record also gave a short update on the planned offshoot of FedEx Products right into a new openly traded company, with the initiative being on track for conclusion by June 2026
Earnings by Section
• FedEx Freight: Down 3 % to $ 2 26 billion from $ 2 33 billion during the very same time in 2014. The sector operating results reduced throughout the quarter because of reduced earnings, greater wage prices and the hiring of added devoted less-than-truckload sales experts. Running earnings lowered 18 % to $ 360 million from $ 439 million last year.
• Federal Express: Increased 4 % to $ 19 1 billion from $ 18 3 billion the previous year. The renovation in running outcomes was driven by greater united state domestic and international priority bundle yields, proceeded cost savings from improvement efforts and enhanced domestic plan quantities. This was partially countered by higher wage and bought transport prices, the international profession environment and the expiry of the united state Postal Service agreement. Running revenue boosted 19 % to $ 1 14 billion from $ 953 million.
FedEx rankings No. 2 on the Transport Topics Top 100 listing of the biggest for-hire carriers in The United States and Canada, No. 2 on the TT Top 50 checklist of the largest worldwide freight providers and No. 43 on the TT Top 100 list of the biggest logistics companies