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The financials
United Parcel Service by the numbers
United Parcel Service (UPS) reported revenue of $22.8B in Q2 2026 (quarter ended Jun 30, 2026), up 7.6% from the same quarter a year earlier. That came with net income of $604M (2.6% of revenue). For the full year FY2025, revenue was $88.7B (−2.6% year on year) and net income $5.57B. Its largest product in Q2 2026 was Ground at $10.9B, 48% of the disclosed total, well ahead of Export at 18%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $22.8B | $21.2B | +7.6% |
| Operating income | $930M | $1.82B | −49% |
| Net income | $604M | $1.28B | −53% |
| Diluted EPS | $0.71 | $1.51 | −53% |
| Product | Revenue | Share |
|---|---|---|
| Ground | $10.9B | 48% |
| Export | $3.96B | 18% |
| Next Day Air | $2.58B | 11% |
| Logistic | $1.54B | 6.8% |
| Deferred | $1.10B | 4.9% |
| Domestic | $869M | 3.8% |
| Forwarding | $791M | 3.5% |
| Product And Service Other | $529M | 2.3% |
| Cargo | $342M | 1.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $22.62B (+7.5%)
Cargo grew +21% year on yearGround +4.0% year on year
Segment Latestquarter on quarteryear on year
- Ground$10.91B$10.91BQoQ +4.5%year on year +4.0%+4.5%+4.0%
- Export$3.96B$3.96BQoQ +12%year on year +14%+12%+14%
- Next Day Air$2.58B$2.58BQoQ +9.5%year on year +12%+9.5%+12%
- Logistic$1.54B$1.54BQoQ +9.3%year on year +4.3%+9.3%+4.3%
- Deferred$1.10B$1.10BQoQ +5.5%year on year +7.6%+5.5%+7.6%
- Domestic$869.0M$869.0MQoQ +4.1%year on year +4.7%+4.1%+4.7%
- Forwarding$791.0M$791.0MQoQ +21%year on year +8.1%+21%+8.1%
- Product And Service Other$529.0M$529.0MQoQ +12%year on year +19%+12%+19%
- Cargo$342.0M$342.0MQoQ +19%year on year +21%+19%+21%
Integrated Freight & Logistics
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