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United Parcel Service (UPS) Cost of Revenue (2016 - 2026)

United Parcel Service has reported Cost of Revenue over the past 17 years, most recently at -$1.3 billion for Q4 2025.

  • Quarterly Cost of Revenue fell 128.87% to -$1.3 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.7 billion through Dec 2025, down 73.02% year-over-year, with the annual reading at $4.3 billion for FY2025, 45.28% down from the prior year.
  • Cost of Revenue was -$1.3 billion for Q4 2025 at United Parcel Service, down from $1.1 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $4.6 billion in Q3 2021 and troughed at -$5.1 billion in Q4 2023.
  • The 5-year median for Cost of Revenue is $1.7 billion (2021), against an average of $1.4 billion.
  • Year-over-year, Cost of Revenue skyrocketed 248.3% in 2021 and then crashed 311.43% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $1.2 billion in 2021, then soared by 103.32% to $2.4 billion in 2022, then crashed by 311.43% to -$5.1 billion in 2023, then surged by 191.74% to $4.6 billion in 2024, then crashed by 128.87% to -$1.3 billion in 2025.
  • Per Business Quant, the three most recent readings for UPS's Cost of Revenue are -$1.3 billion (Q4 2025), $1.1 billion (Q3 2025), and $2.0 billion (Q2 2025).