For the quarter ending 2026-02-28, FDX had $5,118M increase in cash & cash equivalents over the period. $1,038M in free cash flow.
| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Net income | 1,056 | 956 | 824 | 4,092 |
| Depreciation and amortization | 1,112 | 1,068 | 1,092 | 1,057 |
| Provision for uncollectible accounts | 225 | 250 | 219 | 139 |
| Other noncash items including leases and deferred income taxes | -760 | -719 | -718 | -803 |
| Stock-based compensation | 37 | 43 | 56 | 38 |
| Retirement plans mark-to-market adjustments | - | - | - | -515 |
| Goodwill and other asset impairment charges | - | - | - | 21 |
| Separation and other costs, net of payments | -17 | 119 | 27 | - |
| Business optimization and realignment costs, net of payments | - | - | - | -43 |
| Business optimization costs, net of payments | 12 | -434 | 293 | - |
| Receivables | -225 | 979 | 336 | 1,088 |
| Other current assets | - | - | - | -90 |
| Pension and postretirement healthcare assets and liabilities, net | - | - | - | -553 |
| Other assets | -55 | -19 | 315 | - |
| Accounts payable and other liabilities | -1,419 | -154 | -571 | 938 |
| Other, net | -1 | -42 | 43 | 56 |
| Cash provided by operating activities | 1,993 | 1,951 | 1,716 | 2,519 |
| Capital expenditures | 955 | 757 | 623 | 1,473 |
| Purchase of investments | 101 | 292 | 34 | 65 |
| Proceeds from sale of investments | 77 | 147 | 30 | 33 |
| Proceeds from asset dispositions and other investing activities, net | 24 | 41 | 8 | 73 |
| Cash used in investing activities | -955 | -861 | -619 | -1,432 |
| Proceeds from debt issuances | 3,692 | 0 | 997 | - |
| Principal payments on debt | 67 | 22 | 625 | 68 |
| Proceeds from stock issuances | 724 | 32 | 18 | 52 |
| Dividends paid | 341 | 342 | 345 | 331 |
| Purchases of common stock | 0 | 296 | 500 | 500 |
| Other | -40 | -4 | -5 | 0 |
| Cash provided by (used in) financing activities | 3,968 | -632 | -460 | -847 |
| Effect of exchange rate changes on cash | 112 | -54 | 27 | 127 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 5,118 | 404 | 664 | 367 |
| Cash, cash equivalents, and restricted cash at beginning of period | 6,570 | 6,166 | 5,502 | 5,135 |
| Cash, cash equivalents, and restricted cash at end of period | 11,688 | 6,570 | 6,166 | 5,502 |
FEDEX CORP (FDX)
FEDEX CORP (FDX)