The Business StudyHow FedEx makes money
FedEx brought in $94.7 billion in revenue in the year ended May 31, 2026 and kept $4.4 billion as profit: $4.68 of every $100. Its biggest source of money was Federal Express, at $82.3 billion (87% of the total).
From FedEx's Form 10-K for the year ended May 31, 2026. Page updated November 8, 2026.
Out of every $100 FedEx took in, it kept
Where FedEx's money comes from. 2 lines in its 10‑K.
The lines shown add up to $91.1 billion of the $94.7 billion total; the rest is smaller items and adjustments the 10-K does not split out.
6 years of FedEx's revenue and profit.
Fiscal years as FedEx reports them; the latest ended May 31, 2026. Profit is net income.
Quick answers about FedEx.
How does FedEx make money?
FedEx moves packages and freight: express, ground and international parcels (Federal Express) and truck freight (FedEx Freight). The biggest line in its latest 10-K is Federal Express ($82.3 billion).
How much money does FedEx make a year?
$94.7 billion in revenue in the year ended May 31, 2026, and $4.4 billion in net profit. That's up 8% from the year before.
Is FedEx profitable?
Yes. FedEx made $4.4 billion in net profit in the year ended May 31, 2026, which is $4.68 of every $100 it took in.
How many employees does FedEx have?
About 452,000 employees at Federal Express as of May 31, 2026. That works out to $209,558 in revenue per employee.
Is FedEx growing?
Yes. Revenue went from $84.0 billion in 2020 to $94.7 billion in 2025, up 13%.
Compare FedEx.
Source: FedEx Corporation, annual report on Form 10-K for the fiscal year ended May 31, 2026, filed with the SEC on July 20, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.