Form 10-Q · Quarterly report
United Parcel Service 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0001090727
- Accession no.
- 0001628280-26-070246
Summary
UPS reported third-quarter 2026 revenue of $22.85 billion, up 6.7% from a year earlier, while operating profit fell 3.3% to $1.74 billion and net income fell 11.3% to $1.16 billion. For the first nine months of 2026, revenue rose 4.2% to $66.89 billion, but operating profit fell 25.5% to $3.94 billion and net income fell 30.4% to $2.63 billion.
Key points
- Third-quarter 2026 diluted earnings per share were $1.37, and non-GAAP adjusted diluted earnings per share were $1.69.
- UPS received about $500 million in IEEPA tariff refunds after the U.S. Supreme Court invalidated certain tariffs, with about $270 million not yet passed through to customers as of September 30, 2026.
- UPS closed 47 leased or owned buildings in the first nine months of 2026 and recorded about $1.2 billion in separation costs under the Driver Choice Program.
- Average daily package volume in global small package operations fell 4.2% in the quarter, partly from a planned more-than-50% reduction in volume from UPS’s largest customer versus 2024 levels.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.Management's Discussion Overview During the third quarter and the first nine months of 2026, we took several steps in furtherance of our Customer First, People Led and Innovation Driven strategy to grow in the most attractive parts of the market including healthcare, small and medium-sized businesses ("SMBs") and international. We continued to invest in our healthcare and international markets, including through the integration of Andlauer Healthcare Group ("AHG"), which we acquired in the fourth quarter of 2025 and which has expanded our healthcare logistics network and capabilities, and investments in temperature-controlled cross-dock facilities. …
An excerpt of the text as filed with the SEC, cut for length.
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