Overview
FedEx Corporation (FDX) Financial Statements FY2021-FY2026 Transition Q3
FedEx's income statement and balance sheet, FY2021 through FY2026TQ3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part o… Ledger notes
Financial position
Net worth and the accounts that make it up
Money movement
Monthly income and spending by account category
Recent activity
Posting-aware activity from the journal
Income vs Expenses
Period data
| Period | Income | Expenses | Net Profit |
|---|---|---|---|
| 2026-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-09-30 | 22,212 MUSD | 21,922 MUSD | 290 MUSD |
Balance Sheet
Breakdown
| Account | Amount | Share of total |
|---|---|---|
| Assets:NonCurrent:PropertyPlantEquipment | 39,686 MUSD | 42.71% |
| Assets:NonCurrent:Other | 28,237 MUSD | 30.39% |
| Assets:Current:ShortTermInvestments | 3,254 MUSD | 3.5% |
| Assets:Current:Other | 2,902 MUSD | 3.12% |
| Assets:Current:Cash | 7,961 MUSD | 8.57% |
| Assets:Current:AccountsReceivable | 10,886 MUSD | 11.71% |
Breakdown
| Account | Amount | Share of total |
|---|---|---|
| Liabilities:NonCurrent:Other | 22,214 MUSD | 38.07% |
| Liabilities:NonCurrent:LongTermDebt | 17,304 MUSD | 29.65% |
| Liabilities:Current:ShortTermDebt | 2,051 MUSD | 3.51% |
| Liabilities:Current:Other | 9,813 MUSD | 16.82% |
| Liabilities:Current:AccountsPayable | 6,959 MUSD | 11.92% |
| Other | 17 MUSD | 0.03% |
Cash Flow
Loading account roles…
FedEx Corporation (FDX) Financial Statements in Beancount — Open Ledger
FedEx's income statement and balance sheet, FY2021 through FY2026TQ3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part of the Open Ledger project on beancount.io.
Browse it live: beancount.io/ledger/open_ledger/fedex
Latest analysis: FedEx FY2026 Q4 Earnings: $94.7 Billion on $1 Billion of Cuts and a Freight Spin
Key Figures
| Period | Period end | Revenue | Net income |
|---|---|---|---|
| FY2021 | 2021-05-31 | 83,959 | 5,231 |
| FY2022 | 2022-05-31 | 93,512 | 3,826 |
| FY2023 | 2023-05-31 | 90,155 | 3,972 |
| FY2024 | 2024-05-31 | 87,693 | 4,331 |
| FY2025 | 2025-05-31 | 87,926 | 4,092 |
| FY2026 | 2026-05-31 | 94,720 | 4,433 |
| FY2026TQ3 | 2026-09-30 | 22,855 | 290 |
Amounts in MUSD (millions of US dollars), exactly as the ledger records them.
What's Inside
| Period | File | Source |
|---|---|---|
| FY2021 | FY2021/FY2021.bean | sec.gov filing |
| FY2022 | FY2022/FY2022.bean | sec.gov filing |
| FY2023 | FY2023/FY2023.bean | sec.gov filing |
| FY2024 | FY2024/FY2024.bean | sec.gov filing |
| FY2025 | FY2025/FY2025.bean | sec.gov filing |
| FY2026 | FY2026/FY2026.bean | sec.gov filing |
| FY2026TQ3 | FY2026T/FY2026TQ3.bean | sec.gov filing |
Fiscal years end May 31 through FY2026 (SEC CIK 0001048911); FedEx moved its year end to December 31 effective June 1, 2026, so June 1 – December 31, 2026 is a transition period (FY2026T). FY2021–FY2026 are full fiscal years, each linked to the EDGAR index of that year's annual filing; FY2026TQ3 is the July – September 2026 quarter from the Form 10-Q, numbered by the new calendar, and folds into FY2026T.bean when the transition report on Form 10-K is filed. The one-month June 2026 stub is not a period; its figures are in a comment in the quarter file.
Quick Start
uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
"SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.
Methodology
- Balance sheet —
pad/balancedirectives assert each period-end
figure against the filing named in that period file's source banner. - Income statement — one zero-sum transaction per period:
Income
negative (credit),Expensespositive (debit), with the arithmetic check in
a comment directly above it. - Unit —
MUSD;94,720 MUSDmeans 94,720 million US dollars.
Analysis
Corrections
Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.
About Open Ledger
Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.
Disclaimer
This ledger is an independent reconstruction of FedEx Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by FedEx Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.