Fedex (FDX) Cost of Revenue (2009 - 2026)

Fedex has reported Cost of Revenue for 18 years, with the latest figure at $6.2 billion in Q2 2026.

• Quarterly Cost of Revenue fell 49.25% year-over-year to $6.2 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $23.6 billion (down 10.69% YoY) and the FY2026 annual result came in at $23.6 billion, up 8.51% from the prior year.
• Cost of Revenue grew to $6.2 billion in Q2 2026 per FDX's latest filing, from $6.1 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $14.2 billion in Q2 2022 and troughed at $3.1 billion in Q3 2023.
• A 5-year average of $5.9 billion and a median of $5.4 billion in 2023 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 349.41% in 2022, then slumped 65.19% in 2023.
• Over 5 years, Cost of Revenue stood at $3.4 billion in 2022, then surged by 57.33% to $5.4 billion in 2023, then gained by 1.95% to $5.5 billion in 2024, then advanced by 7.0% to $5.9 billion in 2025, then increased by 4.72% to $6.2 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $6.2 billion, $6.1 billion, and $5.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.