Inferra AI / Company / FDXF
FedEx Freight
FDXF · Industrials
Last earnings Oct 29, 2026
Key results
Revenuequarter
$3.3 billion
Prior Year Revenue of $3.3 billion, a 9.2% increase
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Operating incomequarter
$383 million
Operating income of $383 million, a 6.1% decrease adjusted
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
operating income of $510 million, a 16.4% increase
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Operating marginquarter
11.7%
Operating margin of 11.7%, a 190 bps decrease adjusted
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
operating margin of 15.5%, a 90 bps increase
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
EPSquarter
$1.54
Diluted EPS of $1.54 , a 43 % decrease adjusted
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
diluted EPS of $2.15, a 24.6% decrease Average daily shipments of 88.9 thousand , a 1.4% decrease Revenue per shipment of $413.00, a 10.1% increase revenue per shipment excluding fuel of $318.23, a 1.6% increase Revenue per hundredweight of $44.03, an 8.6% increase revenue per hundredweight excluding fuel of $33.93
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
FedEx Freight revenuequarter
9.2%
FedEx Freight revenue increased 9.2% year-over-year for the four months ended September 30, 2026.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
AI analysis
Q3 2026 · reported Oct 29, 2026
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $3.3 billion | — | — |
| Operating income | $383 million | — | — |
| Operating margin | 11.7% | — | — |
| EPS | $1.54 | — | — |
| FedEx Freight revenue | 9.2% | — | — |
Guidance · company-stated
No guidance located in the held release
“1 FedEx Freight Reports Solid Financial Results for the Four-Month Transition Period Ended September 30, 2026 Delivered Solid Financial Performance During Inaugural Period as an Independent Company Achieved Second Consecutive Quarter of Record-Low Claims Ratio, Reflecting Improved Customer Experience Introduces Positive Outlook for Three Months Ending December 31, 2026 MEMPHIS, Tenn.”
Margin
Capital allocation
The company remains committed to returning capital to shareholders and is on track to announce its dividend and share repurchase plan for calendar year 2027, subject to board approval.
During the period, the company repaid $100 million of outstanding debt ahead of schedule with cash generated from operations.
Event summary
Results include the month of June and the three months ended September 30, 2026
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
The company remains committed to returning capital to shareholders and is on track to announce its dividend and share repurchase plan for calendar year 2027, subject to board approval.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
During the period, the company repaid $100 million of outstanding debt ahead of schedule with cash generated from operations.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Capital expenditures for the four months ended September 30, 2026 were $151 million, and the company expects aggregate capital expenditures for the Transition Period (June 1 through December 31, 2026) to total approximately $365 million.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Capital expenditures will be focused on investments in equipment, technology, and facilities that support safety, service, and operational efficiency.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Strategy & priorities
Our first four months as a standalone company reflect solid execution across the organization and meaningful progress against the clear strategic priorities we outlined earlier this year, said John Smith, president and chief executive officer, FedEx Freight.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
While we are in the early stages of our journey as an independent company, we are encouraged by the momentum we are seeing across our operational, commercial, and technology initiatives.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Guided by a clear and consistent strategy, we remain confident in the opportunities ahead and our ability to continue strengthening the business for long-term success.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Underlying performance was largely in line with our expectations as our initiatives are strengthening the foundation for improved growth and profitability.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Capital Allocation Priorities FedEx Freight maintains a disciplined approach to capital allocation, prioritizing an investment-grade balance sheet, steady investment in the business, and returning capital to shareholders.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Risks & headwinds
Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements.
SEC original ↗FedEx Freight — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Earnings deck slides
3 decks with slide viewCompetitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
11 documentsEarnings releases
9 documentsPresentations
3 documents
Transcripts
0 documentsNo transcripts for FedEx Freight are held in this edition of the library.
Mentioned by
5 companiesOther tracked companies whose held documents mention FedEx Freight by name or ticker. A mention is counted once per document, from the document text the library holds.
“, driven… …traded company was finalized on June 1, 2026. In connection with the spin-off, FedEx Freight paid a cash dividend of approximately $4.1 billion to FedEx Corporation from the proceeds of the $3.7 billion senior notes… …continuing operations”
“vely operate,… … basis to holders of FedEx common stock. In connection with the Spin-Off, FedEx Freight paid a cash dividend of approximately $4.1 billion to FedEx (the “FedEx Freight Dividend”), the proceeds of which will be… …related to FedEx’s goo”
Live Nation Entertainment (LYV)
“free cash flow, and long-term stockholder value MEMPHIS, Tenn. — Jun. 1, 2026 — FedEx Freight Holding Company,… …certain FedEx debt held by FedEx creditors and/or through distributions to stockholders of FedEx as dividends or in exchange fo”
“meaning of the Private Securities Litigation Reform Act, such as statements regarding the FedEx Freight business following its separation from FedEx…”
“… previously announced separation of the FedEx Freight business. The FedEx Board declared a pro rata dividend of 80.1% of the outstanding shares of common stock of FedEx Freight Holding Company, Inc. (”
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