FedEx Q4 revenue $25B (+12.6% YoY), adjusted EPS $6.31; FY2026 revenue $94.7B; Freight spin-off closed

FEDEX CORP

Q4 revenue $25.0B vs $22.2B YoY; GAAP diluted EPS $6.60, adjusted $6.31.
Full-year fiscal 2026 revenue $94.7B, adjusted diluted EPS $20.24, operating income $6.61B.
FedEx Freight spin-off completed June 1; FedEx received $4.1B cash dividend.
Capital spending $3.8B (lowest % of revenue in history); returned $2.2B via buybacks and dividends.
CY2026 outlook: revenue growth ~11%, adjusted EPS $16.90-$18.10, capex $3.9B.

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