United Parcel Service UPS Revenue Breakdown

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Annual revenue breakdowns for United Parcel Service, fiscal 2008 to 2025, as reported in its filings.
Annual history

United Parcel Service Revenue by Segment

Years FY 2016–2025
Lines 10
FY 2025 Total $88.66B

Ground was United Parcel Service’s largest segment in fiscal 2025, bringing in $44.18B of $88.66B (50%).

United Parcel Service revenue by segment, fiscal 2016 to 2025
Segment FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Ground $47.54B $44.97B $45.35B $44.18B
Export $15.34B $14.00B $14.14B $14.48B
Next Day Air — $9.89B $9.70B $9.65B
Forwarding $8.94B $5.53B $4.73B $2.92B
Deferred $5.97B $5.09B $4.76B $4.45B
Logistics $5.35B $5.93B $6.44B $5.86B
Domestic $3.35B $3.14B $3.19B $3.40B
Other $1.74B $1.46B $1.57B $1.80B
Cargo $1.01B $684.00M $632.00M $696.00M
Cargo Other $402.00M $247.00M $569.00M $1.24B
Total $89.64B $90.96B $91.07B $88.66B
Totals include 1 discontinued line from earlier reporting.

United Parcel Service revenue by segment: what the figures show

United Parcel Service brought in $88.66B from its 10 segments in fiscal 2025, the year ended December 31, 2025. That was down 2.6% from $91.07B in fiscal 2024. Ground was the largest at $44.18B (49.8%), ahead of Export at $14.48B (16.3%) and Next Day Air at $9.65B (10.9%). The other seven segments brought in $20.35B combined.

Compared with fiscal 2024, Other grew fastest, up 14.4% to $1.80B, while Forwarding fell the most, down 38.3% to $2.92B.

Annual history

United Parcel Service Revenue by Statement Business Segments

Years FY 2008–2025
Lines 3
FY 2025 Total $64.52B

U.S. Domestic Package was United Parcel Service’s largest segment in fiscal 2025, bringing in $44.18B of $64.52B (68%).

United Parcel Service revenue by statement business segments, fiscal 2008 to 2025
Statement Business Segments FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
U.S. Domestic Package $10.70B $44.97B $45.35B $44.18B
International Package $19.70B $14.00B $14.14B $14.48B
Supply Chain  Solutions $16.03B $5.93B $6.44B $5.86B
Total $66.12B $64.90B $65.93B $64.52B
Totals include 5 discontinued lines from earlier reporting.

United Parcel Service revenue by statement business segments: what the figures show

United Parcel Service brought in $64.52B from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $88.66B it reports by segment, so these segments do not cover all of its revenue. U.S. Domestic Package was the largest at $44.18B (68.5%), ahead of International Package at $14.48B (22.4%) and Supply Chain  Solutions at $5.86B (9.1%).

Compared with fiscal 2024, International Package grew fastest, up 2.4% to $14.48B, while Supply Chain  Solutions fell the most, down 9.0% to $5.86B.

United Parcel Service stopped reporting International as a separate segment after fiscal 2022, when it brought in $19.70B.

Annual history

United Parcel Service Revenue by Geography

Years FY 2011–2025
Lines 2
FY 2025 Total $88.66B

United States was United Parcel Service’s largest region in fiscal 2025, bringing in $67.43B of $88.66B (76%).

United Parcel Service revenue by geography, fiscal 2011 to 2025
Geography FY 2011 FY 2012 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2023 FY 2024 FY 2025
United States $71.75B $70.39B $67.43B
International $19.21B $20.68B $21.23B
Total $90.96B $91.07B $88.66B
Totals include 1 discontinued line from earlier reporting.

United Parcel Service revenue by geography: what the figures show

United Parcel Service brought in $88.66B from its two regions in fiscal 2025, the year ended December 31, 2025. That was down 2.6% from $91.07B in fiscal 2024. United States was the largest at $67.43B (76.1%), ahead of International at $21.23B (23.9%).

Compared with fiscal 2024, International grew 2.6% to $21.23B, while United States fell 4.2% to $67.43B. From fiscal 2023 to 2025, combined revenue from these regions fell from $90.96B to $88.66B, a compound annual decline of 1.3%. United States' share of the total fell from 78.9% to 76.1%.

Questions

United Parcel Service Revenue Breakdown FAQ

How does United Parcel Service make money?

United Parcel Service (UPS) reports its revenue by segment, by statement business segments and by geography. In fiscal 2025, Ground was its largest segment, bringing in $44.18B (49.8% of the total), followed by Export at $14.48B (16.3%).

What is United Parcel Service's largest segment?

Ground was United Parcel Service's largest segment in fiscal 2025, bringing in $44.18B, or 49.8% of the $88.66B total across its 10 segments.

What is United Parcel Service's largest region?

United States was United Parcel Service's largest region in fiscal 2025, bringing in $67.43B, or 76.1% of the $88.66B total across its two regions.

Which United Parcel Service segment is growing the fastest?

Among United Parcel Service's segments that make up at least 2% of revenue, Other grew fastest in fiscal 2025, up 14.4% from $1.57B to $1.80B.

Where does this revenue breakdown data come from?

Every figure comes from United Parcel Service's annual financial filings, as reported. Each line keeps the name United Parcel Service gives it, and years follow its fiscal calendar.

How far back does United Parcel Service's revenue breakdown go?

United Parcel Service's revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.