FedEx Reports First Quarter Earnings Growth Year-Over-Year
Core Viewpoint - FedEx Corp. reported consolidated results for the first quarter of fiscal 2026, showing revenue growth compared to the previous year, with adjusted operating income also increasing [1]. Financial Performance - Revenue for the first quarter of fiscal 2026 was $22.2 billion, up from $21.6 billion in fiscal 2025, indicating a year-over-year increase of approximately 2.8% [1]. - Operating income for the first quarter of fiscal 2026 was reported at $1.19 billion, compared to $1.08 billion in the same quarter of fiscal 2025, reflecting a growth of about 10.2% [1]. - The operating margin improved to 5.3% in fiscal 2026 from 5.0% in fiscal 2025, indicating enhanced operational efficiency [1].