United Parcel Service (UPS) Operating Income (2009 - 2026)
United Parcel Service (UPS) posted quarterly Operating Income of $1.3 billion for Q1 2026, down 23.95% year-over-year from $1.7 billion in Q1 2025, and down 50.8% quarter-over-quarter from $2.6 billion in Q4 2025.
United Parcel Service (UPS) Operating Income (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has reported Operating Income for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 23.95% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $7.5 billion (down 12.36% YoY), while the FY2025 annual figure was $7.9 billion, down 7.1% from the prior year.
- Operating Income slipped to $1.3 billion in Q1 2026 per UPS's latest filing, from $2.6 billion in the prior quarter.
- Across five years, Operating Income topped out at $3.5 billion in Q2 2022 and bottomed at $1.3 billion in Q1 2026.
- Historically, Operating Income has averaged $2.3 billion across 5 years, with a median of $2.5 billion in 2023.
- Annual changes were most pronounced in 2023 — Operating Income plunged 56.86% — and 2024, when it jumped 47.8%.
- United Parcel Service's Operating Income stood at $3.2 billion in 2022, then decreased by 22.47% to $2.5 billion in 2023, then rose by 18.13% to $2.9 billion in 2024, then slipped by 12.0% to $2.6 billion in 2025, then slumped by 50.8% to $1.3 billion in 2026.
- Business Quant data shows UPS's Operating Income at $1.3 billion in Q1 2026, $2.6 billion in Q4 2025, and $1.8 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.95 Bn | 82.30 Bn | 19.65 Bn | 930.00 Mn |
| 2 | Fedex | 77.52 Bn | 64.21 Bn | 18.84 Bn | 1.55 Bn |
| 3 | Hunt J B Transport Services | 25.93 Bn | 25.93 Bn | - | 259.50 Mn |
| 4 | Expeditors International Of Washington | 24.61 Bn | 23.58 Bn | 1.09 Bn | 349.62 Mn |
| 5 | ZTO Express (Cayman) | 17.16 Bn | 12.75 Bn | 469.01 Mn | 368.99 Mn |
| 6 | C. H. Robinson Worldwide | 17.00 Bn | 16.84 Bn | 1.11 Bn | 255.74 Mn |
| 7 | Landstar System | 6.25 Bn | 5.91 Bn | 308.86 Mn | 66.23 Mn |
| 8 | GXO Logistics | 5.23 Bn | 4.46 Bn | 508.00 Mn | 77.00 Mn |
| 9 | Pitney Bowes | 2.20 Bn | 1.92 Bn | 296.14 Mn | -89.87 Mn |
| 10 | Cryoport | 843.40 Mn | 446.71 Mn | 22.82 Mn | -10.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 930.00 Mn |
| Mar 31, 2026 | 1.27 Bn |
| Dec 31, 2025 | 2.58 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 2.93 Bn |
| Sep 30, 2024 | 1.99 Bn |
| Jun 30, 2024 | 1.94 Bn |
| Mar 31, 2024 | 1.61 Bn |
| Dec 31, 2023 | 2.48 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 2.78 Bn |
| Mar 31, 2023 | 2.54 Bn |
| Dec 31, 2022 | 3.20 Bn |
| Sep 30, 2022 | 3.11 Bn |
| Jun 30, 2022 | 3.54 Bn |
| Mar 31, 2022 | 3.25 Bn |
| Dec 31, 2021 | 3.89 Bn |
| Sep 30, 2021 | 2.90 Bn |