FedEx Corp.'s results for third quarter 2026 (ended Sep 30, 2026; within the Jun–Dec 2026 transition period) come from the company's own earnings release, filed with the SEC on 2026-10-28. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $22,855 million (+11.9% vs a year earlier) |
| Diluted EPS (GAAP) | $1.21 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $3.74 |
| Full-year guidance | Raised |
Guidance
Raised calendar 2026 outlook: revenue growth ~12% (from ~11%), adjusted EPS $18.00–$18.60 (from $16.90–$18.10); capex $3.9 billion unchanged.
Why this label: 'Raises Full-year Calendar 2026 Earnings Outlook': revenue growth ~12% vs prior ~11%, adjusted EPS $18.00-18.60 vs $16.90-18.10; nothing core lower.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| revenue growth | calendar 2026 | ~12% YoY | ~11% |
| adjusted diluted EPS (continuing operations) | calendar 2026 | $18.00–$18.60 | $16.90–$18.10 |
| diluted EPS (GAAP, continuing operations) | calendar 2026 | $35.30–$35.90 | $16.55–$17.75 (excluded FedEx Freight investment MTM and debt-extinguishment gain) |
| effective tax rate | calendar 2026 | ~22.5% | ~23% |
| capital spending | calendar 2026 | $3.9 billion | $3.9 billion |
| pension contributions | calendar 2026 | $475 million | $475 million |
From the release
Revenue: "Total Revenue · 22,855 · 20,432 · 12"
Earnings per share: "Diluted EPS · $1.21 · $3.74 · $2.73 · $2.93"
revenue growth: "Revenue Growth · ~12% YoY · Compared to the prior forecast of ~11%."
adjusted diluted EPS (continuing operations): "Adjusted Diluted EPS (Continuing Operations) · $18.00 to $18.60 · Compared to the prior forecast of $16.90 to $18.10 per diluted share."
diluted EPS (GAAP, continuing operations): "Diluted EPS (Continuing Operations) · $35.30 to $35.90 · Compared to the prior forecast of $16.55 to $17.75 per diluted share"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised calendar 2026 adjusted EPS outlook to $18.00–$18.60; Q3 adjusted EPS $3.74.
Source
FedEx Corp. earnings release (SEC filing), accession 0001048911-26-000128, filed 2026-10-28.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.