FedEx Corp
Close on Nov 2, 2026Market cap $75.29BP/E 17.2Yield 1.82%
FedEx Continuing Operations Non-GAAP Adjusted Operating Income by Quarter
Continuing Operations Non-GAAP Adjusted Operating Income ($M) ($M)
FedEx Continuing Operations Non-GAAP Adjusted Operating Income: $1,197M in Q3 26, up 15.9% from a year earlier.
Where the Q3 26 figure comes from
Source: FedEx 8-K-2.02 (2026-10-28) ↗
Excludes business optimization / DRIVE / Network 2.0 restructuring costs, mark-to-market retirement plan adjustments, and spin-off / European integration charges.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Continuing Operations Non-GAAP Adjusted Operating Income ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q3 26 | Sep 30, 2026 | 1,197 | +15.9% | FedEx 8-K-2.02 (2026-10-28) ↗ |
| Q2 26 | Jun 30, 2026 | 1,622 | +49.9% | FedEx 8-K-2.02 (2026-10-28) ↗ |
| Q1 26 | Mar 31, 2026 | 1,001 | +5.8% | FedEx 8-K-2.02 (2026-10-28) ↗ |
| Q4 25 | Dec 31, 2025 | 1,949 | +25.4% | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q3 25 | Sep 30, 2025 | 1,033 | +42.5% | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q2 25 | Jun 30, 2025 | 1,082 | +21.2% | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q1 25 | Mar 31, 2025 | 946 | -6.8% | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q4 24 | Dec 31, 2024 | 1,554 | – | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q3 24 | Sep 30, 2024 | 725 | – | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q2 24 | Jun 30, 2024 | 893 | – | FedEx 8-K-2.02 (2026-07-21) ↗ |
| Q1 24 | Mar 31, 2024 | 1,015 | – | FedEx 8-K-2.02 (2026-07-21) ↗ |
Breakdown
What makes up continuing Operations Non-GAAP Adjusted Operating Income
- Continuing Operations Non-GAAP Adjusted Operating Margin (%, reported)5.3% · Q3 26
- Continuing Operations GAAP Operating Margin (%, reported)4.7% · Q3 26
- Express U.S. Domestic Non-GAAP Adjusted Operating Income ($M)972 · Q3 26
- Express International Non-GAAP Adjusted Operating Income ($M)297 · Q3 26
- Restructuring, Exit & Business Optimization Costs ($M)130 · Q3 26
Cite this data
StockData. (2026). FedEx Continuing Operations Non-GAAP Adjusted Operating Income ($M), quarterly Q1 24–Q3 26 [Data set]. Compiled from FedEx SEC filings and investor materials. https://stockdatahq.com/stocks/fdx/kpis/nongaap-adj-opinc
See every metric in the FedEx KPI table. Data updated Nov 1, 2026.