FDX Q1 2023 Earnings — FedEx Corporation Revenue & Financial Results | Market Cap Arena

FDXFedEx Corporation

$86B

Q1 2023 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$23.2B+5.9% YoY

Gross Profit

$4.7B20.3% margin

Operating Income

$1.2B5.3% margin

Net Income

$875M3.8% margin

EPS (Diluted)

$3.34

QoQ Revenue Growth

-4.7%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$323M

Stock-Based Comp.

$68M

Balance Sheet

Total Assets

$85.8B

Total Liabilities

$60.7B

Stockholders' Equity

$25.1B

Cash & Equivalents

$6.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23.2B	$21.9B	+5.9%
Gross Profit	$4.7B	$4.5B	+4.1%
Operating Income	$1.2B	$1.4B	-13.0%
Net Income	$875M	$1.1B	-21.3%

Revenue Segments

Fedex Express Segment

$11.1B48%

Fedex Ground Segment

$8.2B35%

Fedex Freight Segment

$2.7B12%

Corporate Reconciling Items And Eliminations

$1.2B5%

Fedex Services Segment

$70M0%