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What changed in Fedex Corp's latest annual report

In the year ended 31 May 2026, Fedex Corp's revenue rose 7.7% to USD 94.72bn, from USD 87.93bn; net income rose 8.3% to USD 4.43bn, from USD 4.09bn; cash and cash equivalents rose 141.9% to USD 13.31bn, from USD 5.50bn.

Year ended 31 May 2026. Source: 10-K filed 20 Jul 2026, read it on SEC EDGAR.

USD 87.93bn to USD 94.72bn

Revenue, up 7.7% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue87.93bn94.72bnUp 7.7%
Net income4.09bn4.43bnUp 8.3%
Total assets87.63bn98.94bnUp 12.9%
Long-term debt19.15bn23.29bnUp 21.6%
Cash and cash equivalents5.50bn13.31bnUp 141.9%
Shareholders' equity28.07bn31.65bnUp 12.7%

Questions people ask

Did Fedex Corp's revenue grow last year?

Revenue grew 7.7%, from USD 87.93bn to USD 94.72bn in the year ended 31 May 2026.

Is Fedex Corp profitable?

Yes. Net income was USD 4.43bn in the year ended 31 May 2026. The year before: USD 4.09bn.

How much cash and debt does Fedex Corp have?

At its latest year end (31 May 2026), Fedex Corp reported cash and cash equivalents of USD 13.31bn and long-term debt of USD 23.29bn.

Where do these numbers come from?

From Fedex Corp's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Fedex Corp (FDX) 10-K: what changed year on year | LYNORIQ Insights