Revenue breakdown by Products & Services
Revenue breakdown by Geography

FedEx Corporation's Revenue by Segment

In fiscal year 2025, FedEx Corporation's revenue by segment (products & services) are as follows:

  • Corporate Reconciling Items And Eliminations: $3.73 B
  • Federal Express Segment: $23.72 B
  • Fedex Freight Segment: $247.00 M
  • Other International Revenue: $1.04 B

Learn more about FedEx Corporation’s Revenue by Geography

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The above chart shows FedEx Corporation's revenue percentage share by segment (products and services).

In fiscal year 2023, FedEx Corporation's revenue by segment is as follows:

  • Fedex Express Segment generated $42.74 B in revenue, representing 49.6% of its total revenue.
  • Fedex Freight Segment generated $9.63 B in revenue, representing 11.18% of its total revenue.
  • Fedex Ground Segment generated $33.51 B in revenue, representing 38.88% of its total revenue.
  • Fedex Services Segment generated $301.00 M in revenue, representing 0.35% of its total revenue.

The biggest segment for FedEx Corporation is the Fedex Express Segment, which represents 49.6% of its total revenue.
The smallest segment for FedEx Corporation is the Fedex Services Segment, which represents 0.35% of its total revenue.

The above chart shows FedEx Corporation's revenue percentage share by segment (products and services).

In fiscal year 2024, FedEx Corporation's revenue by segment is as follows:

  • Corporate Reconciling Items And Eliminations generated $3.24 B in revenue, representing 11.82% of its total revenue.
  • Fedex Express Segment generated $22.29 B in revenue, representing 81.35% of its total revenue.
  • Fedex Freight Segment generated $266.00 M in revenue, representing 0.97% of its total revenue.
  • Fedex Ground Segment generated $844.00 M in revenue, representing 3.08% of its total revenue.
  • Fedex Services Segment generated $1,000.00 in revenue, representing 0% of its total revenue.
  • Other International Revenue generated $760.00 M in revenue, representing 2.77% of its total revenue.

The biggest segment for FedEx Corporation is the Fedex Express Segment, which represents 81.35% of its total revenue.
The smallest segment for FedEx Corporation is the Fedex Services Segment, which represents 0% of its total revenue.

The above chart shows FedEx Corporation's revenue percentage share by segment (products and services).

In fiscal year 2025, FedEx Corporation's revenue by segment is as follows:

  • Corporate Reconciling Items And Eliminations generated $3.73 B in revenue, representing 12.98% of its total revenue.
  • Federal Express Segment generated $23.72 B in revenue, representing 82.53% of its total revenue.
  • Fedex Freight Segment generated $247.00 M in revenue, representing 0.86% of its total revenue.
  • Other International Revenue generated $1.04 B in revenue, representing 3.63% of its total revenue.

The biggest segment for FedEx Corporation is the Federal Express Segment, which represents 82.53% of its total revenue.
The smallest segment for FedEx Corporation is the Fedex Freight Segment, which represents 0.86% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Fedex Express Segment 49.6% 81.35% -
Fedex Services Segment 0.35% 0% -
Fedex Ground Segment 38.88% 3.08% -
Fedex Freight Segment 11.18% 0.97% 0.86%
Corporate Reconciling Items And Eliminations - 11.82% 12.98%
Other International Revenue - 2.77% 3.63%
Federal Express Segment - - 82.53%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of FedEx Corporation.

In fiscal year 2025, the Federal Express Segment generated the most revenue ($23.72 B), and the Fedex Freight Segment generated the least revenue ($247.00 M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Corporate Reconciling Items And Eliminations revenue increased 15.19% ($492.00 M) from $3.24 B (in 2024) to $3.73 B (in 2025).
  • Federal Express Segment revenue increased 100% ($23.72 B) from $0.00 (in 2024) to $23.72 B (in 2025).
  • Fedex Express Segment revenue decreased -100% ($22.29 B) from $22.29 B (in 2024) to $0.00 (in 2025).
  • Fedex Freight Segment revenue decreased -7.14% ($19.00 M) from $266.00 M (in 2024) to $247.00 M (in 2025).
  • Fedex Ground Segment revenue decreased -100% ($844.00 M) from $844.00 M (in 2024) to $0.00 (in 2025).
  • Fedex Services Segment revenue decreased -100% ($1,000.00) from $1,000.00 (in 2024) to $0.00 (in 2025).
  • Other International Revenue revenue increased 37.24% ($283.00 M) from $760.00 M (in 2024) to $1.04 B (in 2025).
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    Summary Table

    Products & Services 2023 2024 2025
    Corporate Reconciling Items And Eliminations - - $3.24 B - $3.73 B
    15.19%
    Federal Express Segment - - - - $23.72 B -
    Fedex Express Segment $42.74 B - $22.29 B
    47.85%
    - -
    Fedex Freight Segment $9.63 B - $266.00 M
    97.24%
    $247.00 M
    7.14%
    Fedex Ground Segment $33.51 B - $844.00 M
    97.48%
    - -
    Fedex Services Segment $301.00 M - $1.00 M
    99.67%
    - -
    Other International Revenue - - $760.00 M - $1.04 B
    37.24%
    Total Revenue $86.18 B - $27.40 B
    68.21%
    $28.74 B
    4.89%