FedEx Corporation
FDX
$277.55 1.19%
Exchange: NYSE | Sector: Industrials | Industry: Integrated Freight Logistics
Q3 2025
Published: Mar 20, 2025

Earnings Highlights

  • Revenue of $22.16B up 1.9% year-over-year
  • EPS of $3.76 increased by 6.8% from previous year
  • Gross margin of 26.2%
  • Net income of 909.00M
  • ""Our DRIVE savings continue to build sequentially and we achieved $600 million of savings in the quarter," said Raj Subramaniam, President & CEO." - Raj Subramaniam
FDX
FedEx Corporation

Executive Summary

In the third quarter of fiscal 2025, FedEx Corporation (FDX) reported significant improvements in revenue and operating income despite ongoing challenges in the macroeconomic environment. Revenue increased by 2% year-over-year to $22.16 billion, marking the first positive growth this fiscal year. Adjusted operating income grew 12%, bolstered by ongoing DRIVE savings initiatives, which accrued $600 million in this quarter, demonstrating FedEx's commitment to operational efficiency. Management indicated challenges related to the expiration of the U.S. Postal Service contract and a weaker industrial economy affecting broader B2B demand. However, FedEx is well-positioned to capitalize on future recovery in the industrial sector, with robust digital solutions and a diversified service offering. Strategic investments in enhancing operational flexibility and efficiency, such as the Network 2.0 initiative, are expected to drive long-term value for stakeholders.

Key Performance Indicators

Revenue
Increasing
22.16B
QoQ: 0.88% | YoY: 1.94%
Gross Profit
Increasing
5.80B
26.16% margin
QoQ: 2.75% | YoY: 27.72%
Operating Income
Increasing
1.29B
QoQ: 22.81% | YoY: 3.94%
Net Income
Increasing
909.00M
QoQ: 22.67% | YoY: 3.41%
EPS
Increasing
3.79
QoQ: 23.45% | YoY: 6.76%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 22,244.00 3.46 +0.6% View
Q3 2025 22,160.00 3.76 +1.9% View
Q2 2025 21,967.00 3.05 -0.9% View
Q1 2025 21,579.00 3.21 -0.5% View
Q4 2024 22,109.00 5.94 +0.8% View