FedEx (FDX) Revenue — Quarter Ended Nov 30, 2025
Revenue increased during the quarter. Growth was observed both sequentially and year-over-year.
Key takeaway
Quarter ended Nov 30, 2025 · FY2026 Q2
Revenue increased during the quarter. Growth was observed both sequentially and year-over-year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$23.5B
Revenue reported for this quarter.
Quarter-over-quarter
+5.5%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$90.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 28, 2025 | $22.2B | +1.9% |
| May 31, 2025 | $22.2B | +0.5% |
| Aug 31, 2025 | $22.2B | +3.1% |
| Nov 30, 2025 | $23.5B | +6.8% |
Revenue performance
Revenue for the quarter was higher than both the prior quarter and the same period last year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a sequential increase. Year-over-year, revenue was also higher than the same quarter one year earlier.
What to watch
Accounts receivable net of allowances increased compared to the fiscal year-end, which may warrant monitoring.