🔹 Revenue: $23.5B (Est. $22.8B) 🟢
🔹 Adj. EPS: $4.82 (Est. $4.12) 🟢
🔹 Adj. Operating Income: $1.61B (Est. $1.36B) 🟢
🔹 Adj. Operating Margin: 6.9% (Est. 6.07%) 🟢
Guidance (FY26):
🔹 Adj. EPS: $17.80–$19.00 (Prior $17.20–$19.00) 🟢
🔹 Revenue Growth: +5% to +6% YoY (Prior +4% to +6%) 🟢
🔹 Capex: $4.5B (Prior $4.5B; Est. $4.5B) 🟡
Segment Performance (Q2'26):
🔹 FedEx Express Revenue: $20.43B (Est. $19.72B) 🟢
🔹 FedEx Freight Revenue: $2.14B (Est. $2.14B) 🟡
Other Metrics:
🔹 GAAP EPS: $4.04 (vs $3.03 prior year)
🔹 GAAP Operating Income: $1.38B; Margin 5.9%
🔹 Cash on Hand: $6.6B
Capital Return:
🔹 Buybacks: $276M (≈1.2M shares; +$0.05 to EPS)
Commentary:
🔸 “FedEx delivered an outstanding second quarter as we successfully executed our growth strategy and advanced our network transformation.”
🔸 Company remains on track to spin off FedEx Freight on June 1, 2026.