FedEx reports robust results for the third quarter of fiscal year 2026 and upgrades its full-year forecast.

FedEx Corporation reported strong fiscal Q3 2026 results, highlighting its global network and strategic execution. Revenue reached $24 billion, an 8% year-over-year increase, while adjusted operating income rose 7% to $1.62 billion. FedEx Express performed particularly well, with revenue up 10% and operating income up 18%. However, FedEx Freight faced challenges, with a 5% revenue decline. The company is focusing on transformation initiatives, targeting $2 billion in savings by 2027, and has raised its adjusted earnings outlook for the year. The planned spin-off of FedEx Freight is set for June 1, 2026.