Total Revenue

~0.5% increase (from $22,109M " to ~$22,220M " " " )

Modest growth reflects a stabilization in operational yields and volume after previous challenges such as lower fuel surcharges and shifts in service mix observed in earlier quarters; previous Q3 patterns of a 2% decline followed by a 2% rebound indicate the firm has begun offsetting headwinds with improved efficiencies. " " " "

FedEx Express Revenue

~82% increase (from $10,417M " to $18,977M " " )

Exceptional growth is driven by higher deferred and e‑commerce package volumes and improved base yields that built on gradual recoveries seen earlier (with Q3 2024 declines linked to volume weakness " " and Q3 2025 gains thanks to deferred volume rises and yield improvements " " " ), resulting in the large jump this quarter. " " "

FedEx Freight Revenue

Essentially flat (from $2,306M " to $2,297M " " )

The segment remained stable as operational challenges (e.g., lower shipments and weight per shipment as seen in Q3 declines of 3% " " and 5% " " ) were largely offset by base yield improvements and benefits from additional operating days, leading to a near-flat result this quarter. " " "

Other and Eliminations Revenue

~13.6% increase (from $833M " to $946M " )

Improved performance was driven by higher yields and increased volume at FedEx Logistics, Inc., a turnaround from the 17% decline witnessed in Q3 2024, signaling that corrective actions in logistics are having a positive impact. " " " "