Fedex (FDX) Free Cash Flow (2009 - 2026)

Fedex has disclosed Free Cash Flow across 18 years of filings, most recently posting $1.0 billion for Q1 2026.

• Free Cash Flow for Q1 2026 came in at $1.0 billion, up 2.27% year-over-year; the trailing twelve-month figure through Feb 2026 was $4.4 billion (up 27.4% YoY), and the FY2025 annual result was $3.0 billion, down 4.94% from the prior year.
• Free Cash Flow came in at $1.0 billion for Q1 2026 at Fedex, down from $1.2 billion in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $1.7 billion in Q2 2023 to a low of -$340.0 million in Q4 2022.
• The 5-year median for Free Cash Flow is $1.0 billion (2022), against an average of $838.0 million.
• Across the five-year window, Free Cash Flow tumbled 180.0% in 2022 and soared 339.39% in 2025, its largest moves.
• Fedex's Free Cash Flow stood at -$340.0 million in 2022, then jumped by 237.94% to $469.0 million in 2023, then gained by 6.61% to $500.0 million in 2024, then jumped by 138.8% to $1.2 billion in 2025, then decreased by 13.07% to $1.0 billion in 2026.
• The last three Free Cash Flow figures came in at $1.0 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.