FedEx Freight Holding Company issued recast financial results for fiscal year 2025 following its spin-off from FedEx Corporation. The results reflect a shift to a December 31 fiscal year-end and a revised income statement presentation that aggregates various costs into operating supplies and expenses.
Key Highlights
- Full year 2025 revenue declined 3.5% year-over-year to $8.78 billion, down from $9.09 billion in 2024.
- Operating income was significantly impacted by $206 million in separation-related costs, resulting in a margin compression from 16.9% in 2024 to 11.6% in 2025.
- Total shipment volume fell 3.1% to 22.36 million units, driven primarily by declines in Priority shipment demand.