FedEx Corporation reported strong third quarter fiscal 2026 results with $24.0 billion revenue, $1.62 billion adjusted operating income, and $5.25 adjusted diluted EPS, surpassing prior year figures. The company raised its full-year fiscal 2026 earnings outlook to $19.30-$20.10 diluted EPS excluding certain items and confirmed FedEx Freight spin-off on track for June 1, 2026.
Key takeaways
Q3 FY2026 revenue $24.0 billion, up from $22.2 billion in Q3 FY2025
Q3 FY2026 adjusted diluted EPS $5.25, up from $4.51 in Q3 FY2025
Raised FY2026 diluted EPS guidance to $19.30-$20.10 excluding spin-off costs, business optimization, fiscal year change, and MTM adjustments
FedEx Freight spin-off on track for June 1, 2026
FedEx Freight issued $3.7 billion senior notes on February 5, 2026
Reached conditional agreement for InPost privatization offer at €15.60 per share, expected close H2 2026