TTM
$21.7B
YoY change
+8.6%
5Y CAGR
+3.0%
Peak year (FY2004)
$20.9B
Cumulative gross profit
$439B
Gross Profit history chart for FedEx (FDX) from 2017 to 2026
Latest: $20.6B
Gross Profit growth chart for FedEx (FDX) from 2017 to 2026
Latest: +8.6%
Gross Profit history table for FedEx (FDX) from 1986 to 2026
| FY2026 | $20.6B | +8.6% | +$1.63B | ||
| FY2025 | $19B | +0.2% | +$43M | ||
| FY2024 | $19B | -1.1% | -$214M | ||
| FY2023 | $19.2B | -5.0% | -$1B | ||
| FY2022 | $20.2B | +13.4% | +$2.38B | ||
| FY2021 | $17.8B | +33.3% | +$4.45B | ||
| FY2020 | $13.3B | -10.0% | -$1.48B | ||
| FY2019 | $14.8B | +5.1% | +$725M | ||
| FY2018 | $14.1B | +2.4% | +$337M | ||
| FY2017 | $13.8B | +16.4% | +$1.94B | ||
| FY2016 | $11.8B | +10.0% | +$1.08B | ||
| FY2015 | $10.7B | +14.7% | +$1.38B | ||
| FY2014 | $9.37B | +5.5% | +$490M | ||
| FY2013 | $8.88B | +2.0% | +$173M | ||
| FY2012 | $8.71B | +11.8% | +$921M | ||
| FY2011 | $7.79B | +13.9% | +$948M | ||
| FY2010 | $6.84B | -3.4% | -$242M | ||
| FY2009 | $7.08B | -14.2% | -$1.17B | ||
| FY2008 | $8.25B | +2.8% | +$222M | ||
| FY2007 | $8.03B | +7.1% | +$532M | ||
| FY2006 | $7.5B | +12.1% | +$807M | ||
| FY2005 | $6.69B | -67.9% | -$14.2B | ||
| FY2004 | $20.9B | +10.6% | +$1.99B | ||
| FY2003 | $18.9B | +10.8% | +$1.83B | ||
| FY2002 | $17B | +4.4% | +$718M | ||
| FY2001 | $16.3B | +7.6% | +$1.15B | ||
| FY2000 | $15.2B | -1.3% | -$197M | ||
| FY1999 | $15.4B | +5.4% | +$790M | ||
| FY1998 | $14.6B | +165.2% | +$9.09B | ||
| FY1997 | $5.5B | +9.9% | +$497M | ||
| FY1996 | $5B | +3.2% | +$154M | ||
| FY1995 | $4.85B | -7.4% | -$385M | ||
| FY1994 | $5.23B | +10.2% | +$483M | ||
| FY1993 | $4.75B | +5.8% | +$261M | ||
| FY1992 | $4.49B | +2.7% | +$118M | ||
| FY1991 | $4.37B | +11.1% | +$436M | ||
| FY1990 | $3.94B | +15.8% | +$538M | ||
| FY1989 | $3.4B | +97.8% | +$1.68B | ||
| FY1988 | $1.72B | -22.3% | -$493M | ||
| FY1987 | $2.21B | +14.8% | +$285M | ||
| FY1986 | $1.93B | — | — |
- FY2026$20.6B+8.6%
- FY2025$19B+0.2%
- FY2024$19B-1.1%
- FY2023$19.2B-5.0%
- FY2022$20.2B+13.4%
- FY2021$17.8B+33.3%
- FY2020$13.3B-10.0%
- FY2019$14.8B+5.1%
- FY2018$14.1B+2.4%
- FY2017$13.8B+16.4%
- FY2016$11.8B+10.0%
- FY2015$10.7B+14.7%
- FY2014$9.37B+5.5%
- FY2013$8.88B+2.0%
- FY2012$8.71B+11.8%
- FY2011$7.79B+13.9%
- FY2010$6.84B-3.4%
- FY2009$7.08B-14.2%
- FY2008$8.25B+2.8%
- FY2007$8.03B+7.1%
- FY2006$7.5B+12.1%
- FY2005$6.69B-67.9%
- FY2004$20.9B+10.6%
- FY2003$18.9B+10.8%
- FY2002$17B+4.4%
- FY2001$16.3B+7.6%
- FY2000$15.2B-1.3%
- FY1999$15.4B+5.4%
- FY1998$14.6B+165.2%
- FY1997$5.5B+9.9%
- FY1996$5B+3.2%
- FY1995$4.85B-7.4%
- FY1994$5.23B+10.2%
- FY1993$4.75B+5.8%
- FY1992$4.49B+2.7%
- FY1991$4.37B+11.1%
- FY1990$3.94B+15.8%
- FY1989$3.4B+97.8%
- FY1988$1.72B-22.3%
- FY1987$2.21B+14.8%
- FY1986$1.93B—
Gross Profit values are taken from FedEx's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at FedEx (FDX)
According to FedEx's latest reported financial statements, the company's current gross profit (TTM) is $21.7B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2026 fiscal year, FedEx (FDX) reported gross profit of $20.6B – grew 8.6% year-over-year.
FedEx gross profit compound annual growth for the 2021–2026 (5 years) window is +3.0%, sustaining 2 straight years of year-over-year growth.
Between 2004 and 2026, FedEx gross profit edged down 1.2%, falling from $20.9B to $20.6B.
Across the available history, gross profit reached its high of $20.9B in 2004 and its low of $1.72B in 1988.
FedEx Gross Profit by Year
FedEx Gross Profit 2026: $20.6B
2026's gross profit for FedEx came in at $20.6B, grew 8.6% from 2025.
FedEx Gross Profit 2025: $19B
FedEx posted gross profit of $19B in 2025, edged up 0.2% from 2024.
FedEx Gross Profit 2024: $19B
In 2024, FedEx reported gross profit of $19B, edged down 1.1% below 2023.
FedEx Gross Profit 2023: $19.2B
FedEx gross profit in 2023 was $19.2B, edged down 5.0% below 2022.
FedEx Gross Profit 2022: $20.2B
FedEx gross profit in 2022 was $20.2B.
See more financial history for FedEx (FDX).
Sector peers by Gross Profit
Industrials peers of FedEx (FDX), ranked by their latest gross profit
| $21.9B | |
| $17.8B | |
| $16.9B | |
| $16.3B | |
| $14.6B | |
| $10.3B | |
| $9.22B | |
| $4.29B |
- $21.9B
- $17.8B
- $16.9B
- $16.3B
- $14.6B
- $10.3B
- $9.22B
- $4.29B
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- Buybacks0.98% TTM
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- Stock Split History6 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.