Short answer
FedEx (FDX) filed its Q3 2025 10-Q quarterly report on Sep 18, 2025 for the quarter ended Aug 31, 2025. Quarterly revenue was $22.2B (up 3.1% year over year) with net income of $824M.
Q3 2025 key financials · XBRL
- Revenue
- $22.2B
- +3.1% YoY
- Net income
- $824M
- +3.8% YoY
- Operating margin
- 5.3%
- EPS (diluted)
- $3.46
- +7.8% YoY
Source: XBRL data from the FedEx (FDX) Q3 2025 10-Q on SEC EDGAR. USD.
FedEx Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- No profitability or margin percentages provided or discussed in MD&A section provided
- Voluntary $200 million pension contribution in Q1 2026; anticipate up to $200 million more in 2026; pension plan has $3.0 billion credit balance
- Board declared quarterly dividend $1.45/share payable Oct 1, 2025; credit ratings stable; no updated financial guidance or near-term headwinds specifically quantified
Risk Factors
- New separation and spin-off costs totaling $14 million in Q1 2026, absent in prior 10-K, triggered by planned FedEx Freight spin-off
- Operating income increased 19% in Federal Express segment driven by improved yields, volume growth, offset by USPS contract expiration and higher wage rates
- Pilot contract negotiations ongoing since July 2023 without operational impact; potential labor risk noted amid failed ratification of tentative agreement
- FedEx Freight segment volume declined 2% and operating margin contracted 280 bp to 16.0% mainly due to macroeconomic weakness and yield pressure
- Liquidity strong with $6.2B cash at August 31, 2025; issued €850M senior unsecured debt, repaid €500M maturing notes, and reduced share repurchases to $500M from $1B prior year
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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