United Parcel Service (UPS) Cost of Revenue (2009 - 2026)

United Parcel Service (UPS) has 18 years of Cost of Revenue data on file, last reported at $2.8 billion in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $2.8 billion, up 1.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.3 billion (up 2135.43% YoY), and the FY2025 annual result was $10.6 billion, up 142.51% from the prior year.
• Cost of Revenue eased to $2.8 billion in Q1 2026 per UPS's latest filing, from $7.4 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $7.4 billion in Q4 2025 and troughed at -$5.5 billion in Q4 2024.
• A 5-year average of $1.8 billion and a median of $1.7 billion in 2022 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 845.38% in 2023, then slumped 220.07% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $487.0 million in 2022, then surged by 845.38% to $4.6 billion in 2023, then tumbled by 220.07% to -$5.5 billion in 2024, then surged by 233.88% to $7.4 billion in 2025, then tumbled by 62.65% to $2.8 billion in 2026.
• Business Quant data shows UPS's Cost of Revenue at $2.8 billion in Q1 2026, $7.4 billion in Q4 2025, and $1.1 billion in Q3 2025.