FDX Q2 2023 Earnings — FedEx Corporation Revenue & Financial Results | Market Cap Arena

FDXFedEx Corporation

$86B

Q2 2023 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$22.8B-2.5% YoY

Gross Profit

$4.6B20.3% margin

Operating Income

$1.2B5.3% margin

Net Income

$788M3.5% margin

EPS (Diluted)

$3.07

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

-$340M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$85.6B

Total Liabilities

$61.5B

Stockholders' Equity

$24.1B

Cash & Equivalents

$4.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22.8B	$23.4B	-2.5%
Gross Profit	$4.6B	$4.9B	-4.7%
Operating Income	$1.2B	$1.6B	-22.9%
Net Income	$788M	$1.0B	-24.5%

Revenue Segments

Fedex Express Segment

$10.9B48%

Fedex Ground Segment

$8.4B37%

Fedex Freight Segment

$2.5B11%

Corporate Reconciling Items And Eliminations

$1.0B5%

Fedex Services Segment

$68M0%