联邦快递 2026年季度报告

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED February28, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO__________Commission File Number: 1-15829 FedEx Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction ofincorporation or organization) (I.R.S. EmployerIdentification No.) 942 South Shady Grove Road, Memphis, Tennessee(Address of principal executive offices) Registrant’s telephone number, including area code:(901) 818-7500Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subjectto such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☑Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Table of Contents Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. Outstanding Shares at March17, 2026238,606,756 Common StockCommon Stock, par value $0.10 per share FEDEX CORPORATION INDEX PART I. FINANCIAL INFORMATION ITEM 1. Financial StatementsCondensed Consolidated Balance SheetsFebruary28, 2026 and May31, 2025Condensed Consolidated Statements of IncomeThree and Nine Months Ended February28, 2026 and February28, 2025Condensed Consolidated Statements of Comprehensive IncomeThree and Nine Months Ended February28, 2026 and February28, 2025Condensed Consolidated Statements of Cash FlowsNine Months Ended February28, 2026 and February28, 2025Condensed Consolidated Statements of Changes In Common Stockholders’ InvestmentThree and Nine Months Ended February28, 2026 and February28, 2025Notes to Condensed Consolidated Financial StatementsReport of Independent Registered Public Accounting FirmITEM 2. Management’s Discussion and Analysis of Results of Operations and Financial ConditionITEM 3. Quantitative and Qualitative Disclosures About Market RiskITEM 4. Controls and Procedures PART II. OTHER INFORMATION ITEM 1. Legal ProceedingsITEM 1A. Risk FactorsITEM 2. Unregistered Sales of Equity Securities and Use of ProceedsITEM 5. Other InformationITEM 6. ExhibitsSignature FEDEX CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(IN MILLIONS) The accompanying notes are an integral part of these condensed consolidated financial statements. FEDEX CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(IN MILLIONS, EXCEPT SHARE DATA) FEDEX CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF INCOME(UNAUDITED)(IN MILLIONS, EXCEPT PER SHARE AMOUNTS) FEDEX CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(UNAUDITED)(IN MILLIONS) The accompanying notes are an integral part of these condensed consolidated financial statements. FEDEX CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED)(IN MILLIONS) FEDEX CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN COMMON STOCKHOLDERS’ INVESTMENT(UNAUDITED)(IN MILLIONS, EXCEPT SHARE DATA) The accompanying notes are an integral part of these condensed consolidated financial statements. FEDEX CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) NOTE 1: DESCRIPTION OF BUSINESS SEGMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES DESCRIPTION OF BUSINESS SEGMENTS.FedEx Corporation (“FedEx”) provides a broad portfolio of transportation, e-commerce,and business services, offering integrated business solutions utilizing our flexible, efficient, and intelligent global network. Ourprimary opera