United Parcel Service Inc (UPS) stock
UPSNYSETrucking & Courier Services (No Air)Fiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 15/309% below fair value
$108.25+0.92 (+0.86%)
Close on Oct 30, 2026Market cap $92.10BP/E 20.1Yield 6.06%
Earnings
United Parcel Service's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Jan 26, 2027
Q4 FY2026 · estimated, before the open
Revenue, Q3 FY2026
$22.90B
+7.0% on a year earlier
non-GAAP adjusted diluted earnings per share, Q3 FY2026
$1.69
$1.74 a year earlier
Latest guidance
Lowered
Oct 27, 2026 · 10 items
Quarterly results
Revenue and earnings per share from each of United Parcel Service's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Jan 26, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 27, 2026before the open | $22.90B | +7.0% | $1.37 | $1.69 | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 28, 2026before the open | $22.80B | +7.5% | $0.71 | $1.76 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 28, 2026before the open | $21.20B | -1.4% | $1.02 | $1.07 | Release |
| Q4 FY2025ended Dec 31, 2025 | Jan 27, 2026before the open | $24.50B | -3.2% | $2.10 | $2.38 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 28, 2025before the open | $21.40B | -3.6% | $1.55 | $1.74 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 29, 2025before the open | $21.20B | -2.8% | $1.51 | $1.55 | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 29, 2025before the open | $21.50B | -0.9% | $1.40 | $1.49 | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 30, 2025before the open | $25.30B | +1.6% | $2.01 | $2.75 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 24, 2024before the open | $22.20B | +5.2% | $1.80 | $1.76 | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 23, 2024before the open | $21.80B | -1.4% | $1.65 | $1.79 | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 23, 2024before the open | $21.70B | -5.2% | $1.30 | $1.43 | Release |
| Q4 FY2023ended Dec 31, 2023 | Jan 30, 2024before the open | $24.90B | -7.8% | $1.87 | $2.47 | Release |
| Q3 FY2023ended Sep 30, 2023 | Oct 26, 2023before the open | $21.10B | -12.8% | $1.31 | $1.57 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023before the open | $22.10B | -10.9% | $2.42 | $2.54 | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 25, 2023before the open | $22.90B | -6.1% | $2.19 | $2.20 | Release |
| Q4 FY2022ended Dec 31, 2022 | Jan 31, 2023before the open | $27.00B | -2.9% | $3.96 | $3.62 | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 25, 2022before the open | $24.20B | +4.3% | $2.96 | $2.99 | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 26, 2022before the open | $24.80B | – | $3.25 | $3.29 | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 26, 2022before the open | $24.40B | – | $3.03 | $3.05 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 1, 2022before the open | $27.80B | – | $3.52 | $3.59 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 26, 2021before the open | $23.20B | – | $2.65 | $2.71 | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 27, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 27, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 2, 2021before the open | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 28, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
United Parcel Service's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| revenue | Q4 FY2026 | $25.70B | – | New | Oct 27, 2026 |
| non-GAAP adjusted operating profitnon-GAAP | Q4 FY2026 | $3.30B | – | New | Oct 27, 2026 |
| consolidated revenue | FY2026 | $92.60B | – | New | Oct 27, 2026 |
| consolidated revenue | FY2026 | $91.20B | $89.70B | Raised | Jul 28, 2026 |
| consolidated non-GAAP adjusted operating profitnon-GAAP | FY2026 | $8.65B | – | New | Jul 28, 2026 |
| non-GAAP adjusted operating profitnon-GAAP | FY2026 | $8.75B | – | New | Oct 27, 2026 |
| non-GAAP adjusted operating marginnon-GAAP | FY2026 | 9.6% | 9.6% | Reaffirmed | Apr 28, 2026 |
| non-GAAP adjusted diluted EPSnon-GAAP | FY2026 | $7.28 | – | New | Oct 27, 2026 |
| non-GAAP adjusted diluted EPSnon-GAAP | FY2026 | $7.22 | – | New | Jul 28, 2026 |
| non-GAAP adjusted free cash flownon-GAAP | FY2026 | $6.10B | – | New | Oct 27, 2026 |
| capital expenditures | FY2026 | $3.00B | $3.00B | Reaffirmed | Jul 28, 2026 |
| Capital expenditures | FY2026 | $3.00B | – | New | Oct 27, 2026 |
| dividend payments | FY2026 | $5.40B | $5.40B | Reaffirmed | Apr 28, 2026 |
| Dividend payments | FY2026 | $5.40B | – | New | Oct 27, 2026 |
| effective tax rate | FY2026 | 23% | 23% | Reaffirmed | Jul 28, 2026 |
| Effective tax rate | FY2026 | 23% | – | New | Oct 27, 2026 |
| non-GAAP adjusted operating expense to excludenon-GAAP | FY2026 | $1.30B – $1.50B | – | New | Apr 28, 2026 |
| pension contributions | FY2026 | $1.30B | – | Lowered | Oct 27, 2026 |
Guidance vs results
The last range United Parcel Service gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q4 FY2025 | Revenue | $24.00B | $24.50B | Above range |
Guidance history
Every forecast United Parcel Service put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 27, 2026 | Capital expenditures | FY2026 | $3.00B | New |
| Oct 27, 2026 | non-GAAP adjusted diluted EPS | FY2026 | $7.28 | New |
| Oct 27, 2026 | non-GAAP adjusted free cash flow | FY2026 | $6.10B | New |
| Oct 27, 2026 | non-GAAP adjusted operating profit | Q4 FY2026 | $3.30B | New |
| Oct 27, 2026 | non-GAAP adjusted operating profit | FY2026 | $8.75B | New |
| Oct 27, 2026 | Effective tax rate | FY2026 | 23% | New |
| Oct 27, 2026 | Dividend payments | FY2026 | $5.40B | New |
| Oct 27, 2026 | pension contributions | FY2026 | $1.30B | Lowered |
| Oct 27, 2026 | revenue | Q4 FY2026 | $25.70B | New |
| Oct 27, 2026 | consolidated revenue | FY2026 | $92.60B | New |
| Jul 28, 2026 | capital expenditures | FY2026 | $3.00B | Reaffirmed |
| Jul 28, 2026 | non-GAAP adjusted diluted EPS | FY2026 | $7.22 | New |
| Jul 28, 2026 | consolidated non-GAAP adjusted operating profit | FY2026 | $8.65B | New |
| Jul 28, 2026 | effective tax rate | FY2026 | 23% | Reaffirmed |
| Jul 28, 2026 | consolidated revenue | FY2026 | $91.20B | Raised |
| Apr 28, 2026 | capital expenditures | FY2026 | $3.00B | Reaffirmed |
| Apr 28, 2026 | non-GAAP adjusted operating margin | FY2026 | 9.6% | Reaffirmed |
| Apr 28, 2026 | dividend payments | FY2026 | $5.40B | Reaffirmed |
| Apr 28, 2026 | effective tax rate | FY2026 | 23% | Reaffirmed |
| Apr 28, 2026 | non-GAAP adjusted operating expense to exclude | FY2026 | $1.30B – $1.50B | New |
| Apr 28, 2026 | revenue | FY2026 | $89.70B | Reaffirmed |
| Jan 27, 2026 | capital expenditures | FY2026 | $3.00B | New |
| Jan 27, 2026 | non-GAAP adjusted operating margin | FY2026 | 9.6% | New |
| Jan 27, 2026 | effective tax rate | FY2026 | 23% | New |
| Jan 27, 2026 | dividend payments | FY2026 | $5.40B | New |
| Jan 27, 2026 | revenue | FY2026 | $89.70B | New |
| Oct 28, 2025 | Capital expenditures | FY2025 | $3.50B | Reaffirmed |
| Oct 28, 2025 | non-GAAP adjusted operating margin | Q4 FY2025 | 11% – 11.5% | New |
| Oct 28, 2025 | Effective tax rate | FY2025 | 23.75% | Raised |
| Oct 28, 2025 | revenue | Q4 FY2025 | $24.00B | New |
| Jul 29, 2025 | Capital expenditures | FY2025 | $3.50B | New |
| Jul 29, 2025 | Effective tax rate | FY2025 | 23.5% | New |
| Jul 29, 2025 | Dividend payments | FY2025 | $5.50B | New |
| Jul 29, 2025 | pension contributions | FY2025 | $1.40B | Lowered |
| Jul 29, 2025 | expected expense reductions | FY2025 | $3.50B | Raised |
| Jul 29, 2025 | non-GAAP adjusted expense | FY2025 | $400.00M – $650.00M | New |
| Jan 30, 2025 | capital expenditures | FY2025 | $3.50B | New |
| Jan 30, 2025 | operating margin | FY2025 | 10.8% | New |
| Jan 30, 2025 | effective tax rate | FY2025 | 23.5% | New |
| Jan 30, 2025 | dividend payments | FY2025 | $5.50B | New |
| Jan 30, 2025 | share repurchases | FY2025 | $1.00B | Lowered |
| Jan 30, 2025 | revenue | FY2025 | $89.00B | New |
| Oct 24, 2024 | Capital expenditures | FY2024 | $4.00B | Reaffirmed |
| Oct 24, 2024 | consolidated non-GAAP adjusted operating margin | FY2024 | 9.6% | Raised |
| Oct 24, 2024 | Dividend payments | FY2024 | $5.40B | Raised |
| Oct 24, 2024 | Consolidated revenue | FY2024 | $91.10B | Lowered |
| Jul 23, 2024 | Capital expenditures | FY2024 | $4.00B | Lowered |
| Jul 23, 2024 | Consolidated adjusted operating margin | FY2024 | 9.4% | Lowered |
| Jul 23, 2024 | share repurchases | FY2024 | $500.00M | Lowered |
| Jul 23, 2024 | Consolidated revenue | FY2024 | $93.00B | Narrowed |
| Apr 23, 2024 | Capital expenditures | FY2024 | $4.50B | Reaffirmed |
| Apr 23, 2024 | Consolidated adjusted operating margin | FY2024 | 10% – 10.6% | Reaffirmed |
| Apr 23, 2024 | Consolidated revenue | FY2024 | $92.00B – $94.50B | Reaffirmed |
| Jan 30, 2024 | capital expenditures | FY2024 | $4.50B | New |
| Jan 30, 2024 | consolidated adjusted operating margin | FY2024 | 10% – 10.6% | New |
| Jan 30, 2024 | effective tax rate | FY2024 | 23.5% | New |
| Jan 30, 2024 | dividend payments | FY2024 | $5.40B | New |
| Jan 30, 2024 | revenue | FY2024 | $92.00B – $94.50B | New |
| Oct 26, 2023 | planned capital expenditures | FY2023 | $5.30B | Reaffirmed |
| Oct 26, 2023 | consolidated adjusted operating margin | FY2023 | 10.8% – 11.3% | Lowered |
| Oct 26, 2023 | effective tax rate | FY2023 | 22% | Lowered |
| Oct 26, 2023 | dividend payment expectations | FY2023 | $5.40B | Raised |
| Oct 26, 2023 | share repurchases | FY2023 | $2.25B | Lowered |
| Oct 26, 2023 | consolidated revenue | FY2023 | $91.30B – $92.30B | Lowered |
| Aug 8, 2023 | capital expenditures | FY2023 | $5.30B | Reaffirmed |
| Aug 8, 2023 | adjusted operating margin | FY2023 | 11.8% | Lowered |
| Aug 8, 2023 | dividend payments | FY2023 | $5.40B | Raised |
| Aug 8, 2023 | share repurchases | FY2023 | $3.00B | Lowered |
| Aug 8, 2023 | consolidated revenue | FY2023 | $93.00B | Lowered |
| Apr 25, 2023 | Capital expenditures | FY2023 | $5.30B | New |
| Apr 25, 2023 | Consolidated adjusted operating margin | FY2023 | 12.8% | Lowered |
| Apr 25, 2023 | Dividend payments | FY2023 | $5.40B | Raised |
| Apr 25, 2023 | Share repurchases | FY2023 | $3.00B | Lowered |
| Apr 25, 2023 | Consolidated revenue | FY2023 | $97.00B | New |
| Jan 31, 2023 | capital expenditures | FY2023 | $5.30B | New |
| Jan 31, 2023 | consolidated adjusted operating margin | FY2023 | 12.8% – 13.6% | New |
| Jan 31, 2023 | effective tax rate | FY2023 | 23.5% | New |
| Jan 31, 2023 | dividend payments | FY2023 | $5.40B | New |
| Jan 31, 2023 | share repurchases | FY2023 | $3.00B | Lowered |
| Jan 31, 2023 | revenue | FY2023 | $97.00B – $99.40B | New |
| Oct 25, 2022 | capital expenditures | FY2022 | $5.00B | New |
| Oct 25, 2022 | adjusted operating margin | FY2022 | 13.7% | Reaffirmed |
| Oct 25, 2022 | adjusted return on invested capital | FY2022 | 30% | Reaffirmed |
| Oct 25, 2022 | revenue | FY2022 | $102.00B | Reaffirmed |
| Jul 26, 2022 | Capital expenditures | FY2022 | $5.50B | Reaffirmed |
| Jul 26, 2022 | Consolidated adjusted operating margin | FY2022 | 13.7% | Reaffirmed |
| Jul 26, 2022 | Adjusted return on invested capital | FY2022 | 30% | Reaffirmed |
| Jul 26, 2022 | Dividend payments | FY2022 | $5.20B | Raised |
| Jul 26, 2022 | targeted share repurchases | FY2022 | $3.00B | Lowered |
| Jul 26, 2022 | Consolidated revenue | FY2022 | $102.00B | Reaffirmed |
| Apr 26, 2022 | Capital expenditures | FY2022 | $5.50B | Reaffirmed |
| Apr 26, 2022 | Consolidated adjusted operating margin | FY2022 | 13.7% | Reaffirmed |
| Apr 26, 2022 | Adjusted return on invested capital | FY2022 | 30% | Raised |
| Apr 26, 2022 | Dividend payments | FY2022 | $5.20B | Raised |
| Apr 26, 2022 | share repurchases | FY2022 | $2.00B | Lowered |
| Apr 26, 2022 | Consolidated revenue | FY2022 | $102.00B | Reaffirmed |
| Feb 1, 2022 | capital expenditures | FY2022 | $5.50B | New |
| Feb 1, 2022 | adjusted operating margin | FY2022 | 13.7% | New |
| Feb 1, 2022 | adjusted return on invested capital | FY2022 | 30% | New |
| Feb 1, 2022 | effective tax rate | FY2022 | 23% | Lowered |
| Feb 1, 2022 | dividend payments | FY2022 | $5.20B | New |
| Feb 1, 2022 | share repurchases | FY2022 | $1.00B | Lowered |
| Feb 1, 2022 | consolidated revenue | FY2022 | $102.00B | New |
| Oct 26, 2021 | Capital expenditures | FY2021 | $4.20B | New |
| Oct 26, 2021 | consolidated adjusted operating margin | FY2021 | 13% | New |
| Oct 26, 2021 | effective tax rate | FY2021 | 22.5% | New |
| Oct 26, 2021 | adjusted return on invested capital | FY2021 | 29% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases United Parcel Service filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Update
- Results
- Results