FedEx · Q4 FY2026 · June 23, 2026
FedEx (FDX) Q4 FY2026 Earnings: Stronger Q4, Freight Spin-Off & CY2026 Outlook
A structured quarterly research file based on the earnings release and cited primary documents. Consensus, transcript, Q&A, and price-reaction fields are shown only when verified data are available.
Official Earnings ReleaseSnowballHare AnalysisStandard Research Page
Reported result
Reported result
Reported result
Reported result
Investment read
Q4 revenue: $25.0B Adjusted margin: 8.4% The next research checkpoint is strong reported earnings, but the forward comparison changes after the Freight spin-off.
Results check
Reported results
Investor focus
What investors are likely to focus on
Potential result drivers
- Q4 revenue: $25.0B
- Adjusted margin: 8.4%
- Adjusted EPS: $6.31 Q4; $20.24 FY2026
- CY2026 guide: ~11% revenue growth; $16.90-$18.10 adjusted EPS
Verified after-hours, next-day, and benchmark-relative price data are not stored in this record. The factors above are research considerations, not a measured attribution of the stock move.
Next quarter
What to watch next
| Indicator | Current baseline | Next check | Source |
|---|---|---|---|
| Q4 revenue | $25.0B | Revenue growth improved, helped by package yields and volume. | Primary source |
| Adjusted margin | 8.4% | A cleaner view of operating performance after spin-off and optimization costs. | Primary source |
| Adjusted EPS | $6.31 | Strong reported earnings, but the forward comparison changes after the Freight spin-off. | Primary source |
| CY2026 guide | $16.90 | The market will judge whether a slimmer FedEx can grow earnings and free cash flow. | Primary source |
Primary documents
Sources and documents
FAQ
Reader questions
What did FedEx report for Q4 revenue?
Q4 revenue: $25.0B
What did FedEx report for Adjusted margin?
Adjusted margin: 8.4%
What did FedEx report for Adjusted EPS?
Adjusted EPS: $6.31 Q4; $20.24 FY2026