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UPS

United Parcel·NYSE
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UPS fundamentals

United Parcel (UPS) released its earnings on Jan 27, 2026: revenue was 24.50B (YoY -3.16%), beat estimates; EPS was 2.38 (YoY -13.45%), beat estimates.
Revenue / YoY
24.50B
-3.16%
EPS / YoY
2.38
-13.45%
Report date
Jan 27, 2026
UPS Earnings Call Summary for Q4,2025
  • Revenue Resilience: Q4 2025 revenue of $24.5 billion, operating margin of 11.8%, despite Amazon volume decline. Full-year 2025 operating margin of 9.8%.
  • Amazon Glide-Down Success: Saved $3.5 billion in 2025, targeting $3 billion in 2026. 2026 U.S. Domestic revenue flat but SMB and enterprise growth expected in H2.
  • Automation Benefits: 127 automated U.S. facilities with 28% lower cost per piece. 24 new buildings to be automated in 2026.
  • 2026 Outlook: Flat consolidated revenue of $89.7 billion, operating margin of 9.6%. First-half cost pressures from MD-11 transition and Amazon glide-down.
  • Health Care Growth: $11.2 billion in health care logistics revenue in 2025, targeting #1 global provider.
EPS
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Q1,2020
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Q1,2021
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Q4,2021
Q1,2022
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Q3,2022
Q4,2022
Q1,2023
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Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
1.152.132.282.662.773.062.713.593.053.292.993.622.22.541.572.471.431.791.762.751.491.551.742.38
Forecast
1.24051.07261.89962.1441.73412.80532.55023.10012.88993.15922.84183.58022.19652.48861.52642.45591.28481.99061.63932.53131.37981.5631.29132.2
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-7.30%
+98.58%
+20.03%
+24.07%
+59.74%
+9.08%
+6.27%
+15.80%
+5.54%
+4.14%
+5.22%
+1.11%
+0.16%
+2.07%
+2.86%
+0.57%
+11.30%
-10.08%
+7.36%
+8.64%
+7.99%
-0.83%
+34.75%
+8.18%
Revenue
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Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
------------------------------18.04B20.46B21.24B24.90B22.91B23.42B23.18B27.77B24.38B24.77B24.16B27.03B22.93B22.05B21.06B24.92B21.70B21.80B22.20B25.30B21.50B21.20B21.40B24.50B
Forecast
------------------------------17.26B17.50B20.21B22.87B20.58B23.19B22.57B27.06B23.82B24.65B24.29B28.08B22.99B23.04B21.40B25.40B21.84B22.17B22.10B25.41B21.00B20.85B20.84B24.01B
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+4.46%
+16.93%
+5.11%
+8.85%
+11.30%
+1.02%
+2.71%
+2.63%
+2.33%
+0.48%
-0.55%
-3.73%
-0.28%
-4.27%
-1.59%
-1.89%
-0.65%
-1.65%
+0.45%
-0.43%
+2.36%
+1.66%
+2.68%
+2.02%

Earnings Call