Fedex FDX Revenue Breakdown

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At close: Nov 11, 2026 · 4:00 PM EST
Annual revenue breakdowns for Fedex, fiscal 2012 to 2026, as reported in its filings.
Annual history

Fedex Revenue by Product & Service

Years FY 2015–2026
Lines 6
FY 2026 Total $94.72B

Total U.S. Domestic Package Revenue was Fedex’s largest product and service line in fiscal 2026, bringing in $54.64B of $94.72B (58%).

Fedex revenue by product and service, fiscal 2015 to 2026
Product and Service FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total U.S. Domestic Package Revenue — — $49.41B $54.64B
Total International Export Package Revenue $14.25B $14.11B — $15.56B
U.S. Priority Revenue $10.90B $10.54B $10.52B $11.60B
U.S. Deferred Revenue $5.13B $4.93B $5.01B $5.70B
International Economy $3.31B $4.65B $5.86B $5.93B
Other $1.05B $977.00M $966.00M $1.29B
Total $90.13B $88.77B $87.93B $94.72B
Totals include 13 discontinued lines from earlier reporting.

Fedex revenue by product and service: what the figures show

Fedex brought in $94.72B from its six product and service lines in fiscal 2026, the year ended May 31, 2026. Fedex regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $87.93B. Total U.S. Domestic Package Revenue was the largest at $54.64B (57.7%), ahead of Total International Export Package Revenue at $15.56B (16.4%) and U.S. Priority Revenue at $11.60B (12.2%). The other three lines brought in $12.92B combined.

Compared with fiscal 2025, U.S. Deferred Revenue grew fastest, up 13.8% to $5.70B. Every line above 2% of revenue grew.

Fedex stopped reporting U.S. Ground Revenue ($32.98B in fiscal 2024), Total Freight Revenue ($5.83B in fiscal 2025), International Domestic ($4.50B in fiscal 2025) and four others as separate lines.

Annual history

Fedex Revenue by Segment

Years FY 2012–2026
Lines 3
FY 2026 Total $94.72B

Federal Express Segment was Fedex’s largest segment in fiscal 2026, bringing in $82.27B of $94.72B (87%).

Fedex revenue by segment, fiscal 2012 to 2026
Segment FY 2012 FY 2013 FY 2014 FY 2015 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Federal Express Segment $75.88B $74.66B $75.30B $82.27B
Fedex Freight Segment $10.08B $9.43B $8.89B $8.80B
Other & Eliminations $4.19B $3.60B $3.73B $3.65B
Total $90.16B $87.69B $87.93B $94.72B
Totals include 6 discontinued lines from earlier reporting.

Fedex revenue by segment: what the figures show

Fedex brought in $94.72B from its three segments in fiscal 2026, the year ended May 31, 2026. That was up 7.7% from $87.93B in fiscal 2025. Federal Express Segment was the largest at $82.27B (86.9%), ahead of Fedex Freight Segment at $8.80B (9.3%) and Other & Eliminations at $3.65B (3.9%).

Compared with fiscal 2025, Federal Express Segment grew fastest, up 9.3% to $82.27B, while Other & Eliminations fell the most, down 2.1% to $3.65B. From fiscal 2023 to 2026, combined revenue from these segments grew from $90.16B to $94.72B, a compound annual growth rate of 1.7%. Federal Express Segment's share of the total rose from 84.2% to 86.9%.

Annual history

Fedex Revenue by Geography

Years FY 2015–2026
Lines 2
FY 2026 Total $94.72B

U.S. Pension Plans was Fedex’s largest region in fiscal 2026, bringing in $67.94B of $94.72B (72%).

Fedex revenue by geography, fiscal 2015 to 2026
Geography FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
U.S. Pension Plans $64.89B $63.53B $62.92B $67.94B
International: $25.27B $24.16B $25.01B $26.78B
Total $90.16B $87.69B $87.93B $94.72B
Totals include 3 discontinued lines from earlier reporting.

Fedex revenue by geography: what the figures show

Fedex brought in $94.72B from its two regions in fiscal 2026, the year ended May 31, 2026. That was up 7.7% from $87.93B in fiscal 2025. U.S. Pension Plans was the largest at $67.94B (71.7%), ahead of International: at $26.78B (28.3%).

Compared with fiscal 2025, U.S. Pension Plans grew 8.0% to $67.94B and International: grew 7.1% to $26.78B. From fiscal 2023 to 2026, combined revenue from these regions grew from $90.16B to $94.72B, a compound annual growth rate of 1.7%. U.S. Pension Plans' share held steady at about 71.7%.

Questions

Fedex Revenue Breakdown FAQ

How does Fedex make money?

Fedex (FDX) reports its revenue by product and service, by segment and by geography. In fiscal 2026, Total U.S. Domestic Package Revenue was its largest product and service line, bringing in $54.64B (57.7% of the total), followed by Total International Export Package Revenue at $15.56B (16.4%).

What is Fedex's largest product and service line?

Total U.S. Domestic Package Revenue was Fedex's largest product and service line in fiscal 2026, bringing in $54.64B, or 57.7% of the $94.72B total across its six product and service lines.

What is Fedex's largest segment?

Federal Express Segment was Fedex's largest segment in fiscal 2026, bringing in $82.27B, or 86.9% of the $94.72B total across its three segments.

What is Fedex's largest region?

U.S. Pension Plans was Fedex's largest region in fiscal 2026, bringing in $67.94B, or 71.7% of the $94.72B total across its two regions.

Which Fedex segment is growing the fastest?

Among Fedex's segments that make up at least 2% of revenue, Federal Express Segment grew fastest in fiscal 2026, up 9.3% from $75.30B to $82.27B.

Where does this revenue breakdown data come from?

Every figure comes from Fedex's annual financial filings, as reported. Each line keeps the name Fedex gives it, and years follow its fiscal calendar.

How far back does Fedex's revenue breakdown go?

Fedex's revenue by product and service goes back to fiscal 2015, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.