United Parcel Service (UPS) Gross Margin (2009 - 2026)

United Parcel Service (UPS) has reported Gross Margin for 18 consecutive years, with 86.04% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 207.0% year-over-year to 86.04% in Q2 2026; TTM through Jun 2026 was 87.45%, a 109.0% increase from a year earlier, with the FY2025 full-year figure at 88.06%, up 298.0% from the prior year.
• Gross Margin was 86.04% for Q2 2026 at United Parcel Service, down from 86.96% in the prior quarter.
• Over five years, Gross Margin peaked at 88.5% in Q3 2025 and troughed at 81.1% in Q1 2022.
• A 5-year average of 85.28% and a median of 85.13% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 410 bps in 2022 and slumped 207 bps in 2026, its largest moves.
• Over 5 years, Gross Margin stood at 83.39% in 2022, then gained by 2 bps to 84.69% in 2023, then increased by 1 bps to 85.4% in 2024, then gained by 3 bps to 88.26% in 2025, then declined by 3 bps to 86.04% in 2026.
• The last three Gross Margin figures came in at 86.04% (Q2 2026), 86.96% (Q1 2026), and 88.26% (Q4 2025), per Business Quant data.