AI English summary of an SEC filing — figures as filed
The company said that, effective June 1, 2026, it changed its fiscal year end from May 31 to December 31, and that on the same day it completed the spin-off of FedEx Freight, which it is presenting as discontinued operations.
Key points
AI summaryThe company said that, effective June 1, 2026, it changed its fiscal year end from May 31 to December 31, and that on the same day it completed the spin-off of FedEx Freight, which it is presenting as discontinued operations.
FedEx said that, beginning in the first quarter after the spin-off, it split the former Federal Express segment into two reportable segments, Express U.S. Domestic and Express International. It also said the change had no impact on its consolidated results of operations or financial position.
FedEx reported recast total revenue of 20,788 million for Q1 and 22,930 million for Q2 in calendar 2026, with total operating income of 919 million and 1,327 million, respectively.
The company said it completed the sale of its FedEx Supply Chain business to CMA CGM Group on October 1, 2026 for $1.4 billion, and that it no longer consolidates the business.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Change in Fiscal Year End and FedEx Freight Spin-Off
The company said that, effective June 1, 2026, it changed its fiscal year end from May 31 to December 31, and that on the same day it completed the spin-off of FedEx Freight, which it is presenting as discontinued operations.
Source · Based on the filing body and exhibits
New Reportable Segments: Express U.S. Domestic and Express International
FedEx said that, beginning in the first quarter after the spin-off, it split the former Federal Express segment into two reportable segments, Express U.S. Domestic and Express International. It also said the change had no impact on its consolidated results of operations or financial position.
Source · Based on the filing body and exhibits
Recast Results for Calendar 2026 1 and Q2
FedEx reported recast total revenue of 20,788 million for Q1 and 22,930 million for Q2 in calendar 2026, with total operating income of 919 million and 1,327 million, respectively.
Source · Based on the filing body and exhibits
FedEx Supply Chain Sale Completed
The company said it completed the sale of its FedEx Supply Chain business to CMA CGM Group on October 1, 2026 for $1.4 billion, and that it no longer consolidates the business.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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