United Parcel Service, Inc.: Beat — EPS $1.69, Revenue $22.9B
Earnings BeatQ3 2026 · Pre-market
Did United Parcel Service, Inc. (UPS) beat earnings today?
Yes, United Parcel Service, Inc. (UPS) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+4.32% surprise
$1.69Actual
Expected: $1.62
vs. year ago -2.9%
Total Revenue+2.78% surprise
$22.9BActual
Expected: $22.28B
vs. year ago +6.7%
Released Oct 27 · 6:00 AM ET
Earning Report
| Metric | 3Q 2026 | 3Q 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $22.90B | - | +6.7% |
| Revenue detail — reported lines | |||
| └─U.S. Domestic | $14.87B | $14.22B | +4.5% |
| └─International | $5.01B | $4.67B | +7.1% |
| └─Supply Chain Solutions | $2.98B | $2.52B | +18.2% |
| Net Income | $1.16B | $1.31B | -11.3% |
| Diluted EPS | $1.37 | $1.55 | -11.6% |
| Adj. Diluted EPS | $1.69 | $1.74 | -2.9% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY 2026 Outlook |
|---|---|---|
| Revenue | ~$25.7B | ~$92.6B |
| Non-GAAP Adj. Operating Profit | ~$3.3B | ~$8.75B |
| Non-GAAP Adj. Diluted EPS | — | ~$7.28 |
| Non-GAAP Adj. Free Cash Flow | — | ~$6.1B |
| Capital expenditures | — | ~$3.0B |
| Dividend payments | — | ~$5.4B |
| Pension contributions | — | $1.3B |
Business Highlights
- ➤Holiday shipping season begins with UPS’s most automated and efficient network in its history.
- ➤Network of the Future advances U.S. Domestic Package efficiency through automation and operational sort consolidation.
- ➤Network Reconfiguration consolidates facilities, vehicles, aircraft and workforce following planned volume declines.
- ➤Efficiency Reimagined is executing an end-to-end process redesign and is expected to conclude in Q4 2027.
- ➤Planned volume reductions from UPS’s largest customer were completed in Q2 2026.
- ➤UPS provides integrated logistics solutions in more than 200 countries and territories.
- ➤The company’s strategy is Customer First. People Led. Innovation Driven.
Management Commentary
Carol Tomé, UPS chief executive officer
“I want to thank all UPSers for their unwavering commitment to our customers and for delivering another quarter of strong performance. Our third-quarter results demonstrate the continued strengthening of our business fundamentals, driven by premium growth and greater network efficiency. As momentum builds, we are entering the holiday shipping season from a position of strength, with the most automated and efficient network in our history. Given the strength we see in the business, we are raising our full-year financial guidance.”