FedEx Targets $98B in Revenue by 2029, Q3 Earnings Above Expectations

Logistics giant plans digital innovation, automation, and European expansion to boost performance.

Published on Feb. 13, 2026

Got story updates? Submit your updates here. ›

FedEx has set ambitious growth targets, aiming for $98 billion in consolidated revenue by 2029, up from an expected $93.5 billion in fiscal year 2026. The company plans to achieve this through digital innovation, automation, and an expansion of its European operations, including the recent acquisition of InPost. FedEx also reported that its third-quarter earnings per share are expected to top the $3.99 consensus, helped by a strong holiday season.

Why it matters

FedEx's growth targets and strategic initiatives demonstrate the company's commitment to staying competitive in the rapidly evolving logistics industry. The focus on digital transformation, automation, and international expansion signals FedEx's efforts to improve efficiency, reduce costs, and better serve its global customer base amidst increasing competition from rivals like UPS and Amazon.

The details

FedEx plans to transform itself into a more technologically advanced and efficient operator, with a goal of $8 billion in operating profit and an 8% operating margin by 2029. The company's European expansion, including the acquisition of InPost, is a key part of this strategy, as FedEx aims to achieve the same level of profitability in its international operations as it does domestically. Investments in digital technologies are also a priority, as FedEx sees these as a way to differentiate itself and drive growth.

  • FedEx reported its third-quarter earnings on February 13, 2026.
  • FedEx is targeting revenue of about $93.5 billion for fiscal year 2026.
  • FedEx is aiming for $98 billion in consolidated revenue by 2029.

The players

FedEx

A global logistics company that provides transportation, e-commerce, and business services.

Raj Subramaniam

The Chief Executive Officer of FedEx.

InPost

A Polish e-commerce logistics company that FedEx recently acquired.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

FedEx's ambitious growth targets and strategic initiatives, including digital innovation, automation, and international expansion, demonstrate the company's commitment to staying competitive in the rapidly evolving logistics industry. These efforts aim to improve efficiency, reduce costs, and better serve FedEx's global customer base.