United Parcel Service (UPS) income statement
NYSE · Industrials · Integrated Freight & Logistics · 460,000 employees · CEO Carol Tomé
- Price
- $108.25 +0.86%
- Market cap
- $81.1B
- Enterprise value
- $105B
- Last report
- Q3 '26 filed 2026-09-30
- Next report
- 2027-01-26 EPS est. $2.76
United Parcel Service (UPS) reported revenue of $22.9B for Q3 '26 (+6.7% year on year), operating income of $1.74B (7.6% of revenue) and net income of $1.16B. Over the last four quarters revenue was $91.4B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.9B | $21.7B | $21.8B | $22.2B | $25.2B | $21.5B | $21.2B | $21.4B | $24.5B | $21.2B | $22.8B | $22.9B | |
| Cost of revenue | $19.9B | $18.1B | $18B | $18.4B | $20B | $17.9B | $17.4B | $17.9B | $19.4B | $17.8B | $19.8B | $17.9B | |
| Gross profit | $4.93B | $3.57B | $3.78B | $3.79B | $5.25B | $3.68B | $3.78B | $3.49B | $5.08B | $3.36B | $3.03B | $4.91B | |
| Other operating expenses | $0 | -$73M | -$63M | -$75M | $0 | $2.01B | $1.96B | $1.68B | $2.51B | $2.09B | $2.1B | $3.17B | |
| Operating expenses | $2.3B | $1.87B | $1.85B | $1.68B | $2.27B | $2.01B | $1.96B | $1.68B | $2.51B | $2.09B | $2.1B | $3.17B | |
| Operating income | $2.63B | $1.71B | $1.93B | $2.11B | $2.99B | $1.67B | $1.82B | $1.8B | $2.58B | $1.27B | $930M | $1.74B | |
| Interest income | $0 | $123M | $136M | $159M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $206M | $194M | $210M | $229M | $228M | $221M | $236M | $290M | $266M | $266M | $804M | $0 | |
| Other non-operating income (gains on investments, FX ...) | $359M | -$24M | -$150M | -$30M | $631M | -$79M | -$78M | -$94M | -$63M | -$123M | $123M | -$67M | |
| Total non-operating income | -$565M | -$170M | -$60M | -$199M | -$859M | -$143M | -$160M | -$197M | -$203M | -$143M | -$169M | -$173M | |
| Income before tax | $2.06B | $1.54B | $1.87B | $1.91B | $2.13B | $1.52B | $1.66B | $1.61B | $2.37B | $1.12B | $761M | $1.57B | |
| Income tax | $458M | $423M | $460M | $371M | $406M | $336M | $379M | $296M | $581M | $260M | $157M | $408M | |
| Net income | $1.61B | $1.11B | $1.41B | $1.54B | $1.72B | $1.19B | $1.28B | $1.31B | $1.79B | $864M | $604M | $1.16B | |
| EPS (basic) | $1.88 | $1.30 | $1.65 | $1.80 | $2.02 | $1.40 | $1.51 | $1.55 | $2.11 | $1.02 | $0.71 | $1.37 | |
| EPS (diluted) | $1.87 | $1.30 | $1.64 | $1.80 | $2.02 | $1.40 | $1.51 | $1.55 | $2.10 | $1.02 | $0.71 | $1.37 | |
| Shares (basic, weighted) | 856M | 856M | 856M | 853M | 854M | 850M | 847M | 848M | 849M | 850M | 850M | 851M | |
| Shares (diluted, weighted) | 858M | 857M | 857M | 853M | 858M | 850M | 847M | 848M | 853M | 850M | 851M | 852M | |
| Depreciation & amortization | $867M | $898M | $887M | $905M | $919M | $912M | $936M | $926M | $972M | $985M | $980M | $965M | |
| EBITDA | $3.14B | $2.63B | $2.97B | $3.04B | $3.27B | $2.66B | $2.84B | $2.82B | $3.61B | $2.38B | $1.79B | $2.78B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.5B | $66.6B | $71.9B | $73.9B | $84.4B | $97.2B | $100B | $90.7B | $90.9B | $88.7B | |
| Cost of revenue | $48.2B | $53.2B | $57.7B | $57.8B | $62.6B | $79.8B | $80B | $73B | $73.8B | $72.6B | |
| Gross profit | $12.3B | $13.3B | $14.2B | $16.1B | $21.8B | $17.4B | $20.1B | $17.7B | $17.1B | $16B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$311M | $8.16B | |
| Operating expenses | $7.27B | $5.86B | $7.09B | $8.22B | $13.9B | $4.33B | $7.11B | $8.34B | $8.37B | $8.16B | |
| Operating income | $5.07B | $7.49B | $7.07B | $7.88B | $7.84B | $13.1B | $13B | $9.37B | $8.69B | $7.87B | |
| Interest income | $219M | $8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $347M | $417M | $572M | $629M | $684M | $683M | $694M | $775M | $861M | $1.01B | |
| Other non-operating income (gains on investments, FX ...) | -$412M | -$60M | $483M | $1.6B | $5.31B | -$4.17B | -$2.55B | $23M | $382M | -$314M | |
| Total non-operating income | $65M | -$357M | -$1.06B | -$2.22B | -$5.99B | $3.49B | $1.86B | -$798M | -$1.24B | -$703M | |
| Income before tax | $5.14B | $7.14B | $6.02B | $5.65B | $1.84B | $16.6B | $14.8B | $8.57B | $7.44B | $7.16B | |
| Income tax | $1.71B | $2.23B | $1.23B | $1.21B | $501M | $3.71B | $3.28B | $1.87B | $1.66B | $1.59B | |
| Net income | $3.43B | $4.91B | $4.79B | $4.44B | $1.34B | $12.9B | $11.5B | $6.71B | $5.78B | $5.57B | |
| EPS (basic) | $3.89 | $5.63 | $5.53 | $5.14 | $1.55 | $14.75 | $13.26 | $7.81 | $6.76 | $6.56 | |
| EPS (diluted) | $3.87 | $5.61 | $5.51 | $5.11 | $1.54 | $14.68 | $13.20 | $7.80 | $6.76 | $6.56 | |
| Shares (basic, weighted) | 883M | 871M | 866M | 864M | 867M | 874M | 871M | 859M | 855M | 849M | |
| Shares (diluted, weighted) | 887M | 875M | 870M | 869M | 871M | 878M | 871M | 860M | 856M | 850M | |
| Depreciation & amortization | $2.22B | $2.28B | $2.21B | $2.36B | $2.7B | $2.95B | $3.19B | $3.37B | $3.61B | $3.75B | |
| EBITDA | $7.71B | $9.84B | $8.8B | $8.64B | $5.23B | $20.2B | $18.7B | $12.7B | $11.9B | $11.9B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01