← United Parcel Service, Inc. (UPS)

financials.json

Published

{
  "ticker": "UPS",
  "cik": "0001090727",
  "company": "United Parcel Service, Inc.",
  "business_type": "industrial",
  "schema_template": "standard industrial (revenue / operating expense / operating profit); UPS reports no cost of revenue or gross profit line, so operating expenses and operating profit carry the margin picture",
  "reporting_currency": "USD",
  "converted_to_usd": false,
  "units": "actual dollars (not millions); per-share amounts in actual dollars; share counts in actual shares",
  "units_notes_seen": {
    "FY2025 10-K consolidated balance sheets": "(In millions)",
    "FY2025 10-K statements of consolidated income": "(In millions, except per share amounts)",
    "FY2025 10-K statements of consolidated cash flows": "(In millions)",
    "FY2025 10-K segment results of operations (note 14)": "Segment results of operations for 2025, 2024 and 2023 were as follows (in millions)",
    "FY2025 10-K earnings per share note (note 16)": "(in millions, except per share amounts)",
    "Q2 2026 10-Q consolidated balance sheets": "June 30, 2026 (unaudited) and December 31, 2025 (in millions)",
    "Q2 2026 10-Q statements of consolidated income": "(In millions, except per share amounts) (unaudited)",
    "Q2 2026 10-Q statements of consolidated cash flows": "(In millions, unaudited)",
    "Q2 2026 10-Q segment information (note 12)": "Segment results of operations for the three and six months ended June 30, 2026 and 2025 were as follows (in millions)",
    "Q2 2026 10-Q earnings per share note (note 13)": "(in millions, except per share amounts)"
  },
  "adjustments": {
    "splits_applied": [],
    "adr_ratio": null,
    "fx": "none - UPS reports in U.S. dollars"
  },
  "annual": [
    {
      "fiscal_year": 2025,
      "label": "FY2025",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "period_type": "fiscal year",
      "source_accession": "0001628280-26-008432",
      "income_statement": {
        "revenue": 88661000000,
        "depreciation_and_amortization": 3746000000,
        "total_operating_expenses": 80794000000,
        "operating_profit": 7867000000,
        "interest_expense": -1017000000,
        "total_other_income_expense": -703000000,
        "income_before_income_taxes": 7164000000,
        "income_tax_expense": 1592000000,
        "net_income": 5572000000,
        "basic_eps": 6.56,
        "diluted_eps": 6.56,
        "basic_shares": 849000000,
        "diluted_shares": 850000000
      },
      "balance_sheet": {
        "cash_and_cash_equivalents": 5887000000,
        "accounts_receivable_net": 11209000000,
        "total_current_assets": 19045000000,
        "property_plant_and_equipment_net": 37731000000,
        "goodwill": 5837000000,
        "intangible_assets_net": 4021000000,
        "total_assets": 73090000000,
        "current_maturities_of_long_term_debt_and_finance_leases": 608000000,
        "total_current_liabilities": 15620000000,
        "long_term_debt_and_finance_leases": 23519000000,
        "retained_earnings": 20151000000,
        "total_equity": 16255000000,
        "total_debt": 24127000000,
        "total_liabilities": 56835000000
      },
      "cash_flow": {
        "operating_cash_flow": 8450000000,
        "capex": -3685000000,
        "acquisitions_net_of_cash_acquired": -1968000000,
        "net_cash_used_in_investing_activities": -4735000000,
        "net_cash_used_in_financing_activities": -4141000000,
        "dividends_paid": -5398000000,
        "free_cash_flow": 4765000000
      },
      "segment_results": {
        "us_domestic_package_revenue": 59519000000,
        "us_domestic_package_operating_profit": 3926000000,
        "international_package_revenue": 18576000000,
        "international_package_operating_profit": 2873000000,
        "supply_chain_solutions_and_other_revenue": 10566000000,
        "supply_chain_solutions_and_other_operating_profit": 1068000000
      }
    },
    {
      "fiscal_year": 2024,
      "label": "FY2024",
      "period_start": "2024-01-01",
      "period_end": "2024-12-31",
      "period_type": "fiscal year",
      "source_accession": "0001628280-26-008432",
      "income_statement": {
        "revenue": 91070000000,
        "depreciation_and_amortization": 3609000000,
        "total_operating_expenses": 82602000000,
        "operating_profit": 8468000000,
        "interest_expense": -866000000,
        "total_other_income_expense": -1026000000,
        "income_before_income_taxes": 7442000000,
        "income_tax_expense": 1660000000,
        "net_income": 5782000000,
        "basic_eps": 6.76,
        "diluted_eps": 6.75,
        "basic_shares": 855000000,
        "diluted_shares": 856000000
      },
      "balance_sheet": {
        "cash_and_cash_equivalents": 6112000000,
        "accounts_receivable_net": 10871000000,
        "total_current_assets": 19310000000,
        "property_plant_and_equipment_net": 37179000000,
        "goodwill": 4300000000,
        "intangible_assets_net": 3064000000,
        "total_assets": 70070000000,
        "current_maturities_of_long_term_debt_and_finance_leases": 1838000000,
        "total_current_liabilities": 16441000000,
        "long_term_debt_and_finance_leases": 19446000000,
        "retained_earnings": 20882000000,
        "total_equity": 16743000000,
        "total_debt": 21284000000,
        "total_liabilities": 53327000000
      },
      "cash_flow": {
        "operating_cash_flow": 10122000000,
        "capex": -3909000000,
        "acquisitions_net_of_cash_acquired": -71000000,
        "net_cash_used_in_investing_activities": -217000000,
        "net_cash_used_in_financing_activities": -6850000000,
        "dividends_paid": -5399000000,
        "free_cash_flow": 6213000000
      },
      "segment_results": {
        "us_domestic_package_revenue": 60376000000,
        "us_domestic_package_operating_profit": 4345000000,
        "international_package_revenue": 17960000000,
        "international_package_operating_profit": 3191000000,
        "supply_chain_solutions_and_other_revenue": 12734000000,
        "supply_chain_solutions_and_other_operating_profit": 932000000
      }
    },
    {
      "fiscal_year": 2023,
      "label": "FY2023",
      "period_start": "2023-01-01",
      "period_end": "2023-12-31",
      "period_type": "fiscal year",
      "source_accession": "0001628280-26-008432",
      "income_statement": {
        "revenue": 90958000000,
        "depreciation_and_amortization": 3366000000,
        "total_operating_expenses": 81817000000,
        "operating_profit": 9141000000,
        "interest_expense": -787000000,
        "total_other_income_expense": -568000000,
        "income_before_income_taxes": 8573000000,
        "income_tax_expense": 1865000000,
        "net_income": 6708000000,
        "basic_eps": 7.81,
        "diluted_eps": 7.8,
        "basic_shares": 859000000,
        "diluted_shares": 860000000
      },
      "cash_flow": {
        "operating_cash_flow": 10238000000,
        "capex": -5158000000,
        "acquisitions_net_of_cash_acquired": -1329000000,
        "net_cash_used_in_investing_activities": -7133000000,
        "net_cash_used_in_financing_activities": -5534000000,
        "dividends_paid": -5372000000,
        "free_cash_flow": 5080000000
      },
      "segment_results": {
        "us_domestic_package_revenue": 60205000000,
        "us_domestic_package_operating_profit": 5156000000,
        "international_package_revenue": 17831000000,
        "international_package_operating_profit": 3231000000,
        "supply_chain_solutions_and_other_revenue": 12922000000,
        "supply_chain_solutions_and_other_operating_profit": 754000000
      }
    }
  ],
  "quarterly": [
    {
      "label": "Q2 2026",
      "period_start": "2026-04-01",
      "period_end": "2026-06-30",
      "period_type": "three months",
      "source_accession": "0001628280-26-053249",
      "income_statement": {
        "revenue": 22834000000,
        "depreciation_and_amortization": 980000000,
        "total_operating_expenses": 21904000000,
        "operating_profit": 930000000,
        "interest_expense": -272000000,
        "total_other_income_expense": -169000000,
        "income_before_income_taxes": 761000000,
        "income_tax_expense": 157000000,
        "net_income": 604000000,
        "basic_eps": 0.71,
        "diluted_eps": 0.71,
        "basic_shares": 851000000,
        "diluted_shares": 851000000
      },
      "balance_sheet": {
        "cash_and_cash_equivalents": 4653000000,
        "accounts_receivable_net": 10710000000,
        "total_current_assets": 17545000000,
        "property_plant_and_equipment_net": 37894000000,
        "goodwill": 5770000000,
        "intangible_assets_net": 3954000000,
        "total_assets": 71267000000,
        "current_maturities_of_long_term_debt_and_finance_leases": 634000000,
        "total_current_liabilities": 14881000000,
        "long_term_debt_and_finance_leases": 23850000000,
        "retained_earnings": 18830000000,
        "total_equity": 15099000000,
        "total_debt": 24484000000,
        "total_liabilities": 56168000000
      },
      "segment_results": {
        "us_domestic_package_revenue": 14930000000,
        "us_domestic_package_operating_profit": 16000000,
        "international_package_revenue": 5044000000,
        "international_package_operating_profit": 623000000,
        "supply_chain_solutions_and_other_revenue": 2860000000,
        "supply_chain_solutions_and_other_operating_profit": 291000000
      }
    },
    {
      "label": "Q2 2025",
      "period_start": "2025-04-01",
      "period_end": "2025-06-30",
      "period_type": "three months",
      "source_accession": "0001628280-26-053249",
      "income_statement": {
        "revenue": 21221000000,
        "depreciation_and_amortization": 936000000,
        "total_operating_expenses": 19399000000,
        "operating_profit": 1822000000,
        "interest_expense": -238000000,
        "total_other_income_expense": -160000000,
        "income_before_income_taxes": 1662000000,
        "income_tax_expense": 379000000,
        "net_income": 1283000000,
        "basic_eps": 1.51,
        "diluted_eps": 1.51,
        "basic_shares": 847000000,
        "diluted_shares": 847000000
      },
      "segment_results": {
        "us_domestic_package_revenue": 14083000000,
        "us_domestic_package_operating_profit": 916000000,
        "international_package_revenue": 4485000000,
        "international_package_operating_profit": 672000000,
        "supply_chain_solutions_and_other_revenue": 2653000000,
        "supply_chain_solutions_and_other_operating_profit": 234000000
      }
    }
  ],
  "year_to_date": {
    "label": "Six months ended June 30, 2026",
    "period_start": "2026-01-01",
    "period_end": "2026-06-30",
    "period_type": "six months",
    "source_accession": "0001628280-26-053249",
    "income_statement": {
      "revenue": 44036000000,
      "depreciation_and_amortization": 1965000000,
      "total_operating_expenses": 41839000000,
      "operating_profit": 2197000000,
      "interest_expense": -538000000,
      "total_other_income_expense": -312000000,
      "income_before_income_taxes": 1885000000,
      "income_tax_expense": 417000000,
      "net_income": 1468000000,
      "basic_eps": 1.73,
      "diluted_eps": 1.73,
      "basic_shares": 850000000,
      "diluted_shares": 851000000
    },
    "cash_flow": {
      "operating_cash_flow": 3083000000,
      "capex": -1724000000,
      "acquisitions_net_of_cash_acquired": 0,
      "net_cash_used_in_investing_activities": -1510000000,
      "net_cash_used_in_financing_activities": -2757000000,
      "dividends_paid": -2708000000,
      "free_cash_flow": 1359000000
    },
    "segment_results": {
      "us_domestic_package_revenue": 29055000000,
      "us_domestic_package_operating_profit": 531000000,
      "international_package_revenue": 9584000000,
      "international_package_operating_profit": 1170000000,
      "supply_chain_solutions_and_other_revenue": 5397000000,
      "supply_chain_solutions_and_other_operating_profit": 496000000
    },
    "prior_year_comparative": {
      "label": "Six months ended June 30, 2025",
      "period_start": "2025-01-01",
      "period_end": "2025-06-30",
      "period_type": "six months",
      "source_accession": "0001628280-26-053249",
      "income_statement": {
        "revenue": 42767000000,
        "depreciation_and_amortization": 1848000000,
        "total_operating_expenses": 39279000000,
        "operating_profit": 3488000000,
        "interest_expense": -460000000,
        "total_other_income_expense": -303000000,
        "income_before_income_taxes": 3185000000,
        "income_tax_expense": 715000000,
        "net_income": 2470000000,
        "basic_eps": 2.91,
        "diluted_eps": 2.91,
        "basic_shares": 849000000,
        "diluted_shares": 849000000
      },
      "cash_flow": {
        "operating_cash_flow": 2666000000,
        "capex": -1999000000,
        "acquisitions_net_of_cash_acquired": -479000000,
        "net_cash_used_in_investing_activities": -2278000000,
        "net_cash_used_in_financing_activities": -519000000,
        "dividends_paid": -2697000000,
        "free_cash_flow": 667000000
      },
      "segment_results": {
        "us_domestic_package_revenue": 28543000000,
        "us_domestic_package_operating_profit": 1895000000,
        "international_package_revenue": 8858000000,
        "international_package_operating_profit": 1313000000,
        "supply_chain_solutions_and_other_revenue": 5366000000,
        "supply_chain_solutions_and_other_operating_profit": 280000000
      }
    }
  },
  "trailing_twelve_months": {
    "label": "Trailing twelve months ended June 30, 2026",
    "period_start": "2025-07-01",
    "period_end": "2026-06-30",
    "period_type": "trailing twelve months",
    "source_accession": "0001628280-26-008432; 0001628280-26-053249",
    "income_statement": {
      "revenue": 89930000000,
      "depreciation_and_amortization": 3863000000,
      "total_operating_expenses": 83354000000,
      "operating_profit": 6576000000,
      "interest_expense": -1095000000,
      "total_other_income_expense": -712000000,
      "income_before_income_taxes": 5864000000,
      "income_tax_expense": 1294000000,
      "net_income": 4570000000,
      "diluted_shares": 852000000,
      "basic_shares": 850000000,
      "diluted_eps": 5.36,
      "basic_eps": 5.38
    },
    "cash_flow": {
      "operating_cash_flow": 8867000000,
      "capex": -3410000000,
      "acquisitions_net_of_cash_acquired": -1489000000,
      "net_cash_used_in_investing_activities": -3967000000,
      "net_cash_used_in_financing_activities": -6379000000,
      "dividends_paid": -5409000000,
      "free_cash_flow": 5457000000
    }
  },
  "notes": [
    "Sources: the FY2025 10-K filed 17 February 2026 (accession 0001628280-26-008432) and the Q2 2026 10-Q filed 5 August 2026 (accession 0001628280-26-053249). No figure here comes from any other filing.",
    "Schema: a standard industrial template. UPS presents no cost of revenue and no gross profit line, so revenue, total operating expenses and operating profit carry the margin picture, with segment revenue and segment operating profit alongside.",
    "All amounts are stated in actual dollars. The filings print their statements in millions (per-share amounts in dollars, share counts in millions), and those scales have been applied.",
    "Periods presented: the 10-K's income statement and cash flow statement show 2025, 2024 and 2023; its balance sheet shows only 31 December 2025 and 31 December 2024, so FY2023 carries no balance sheet here. The 10-Q shows the three months and six months ended 30 June 2026 and 2025, and a balance sheet at 30 June 2026.",
    "The quarterly list holds discrete three-month periods only. The six-month figures the 10-Q prints alongside them are kept in the separate year-to-date block, with the prior-year six months nested inside it as its own dated period.",
    "The trailing-twelve-month block covers 1 July 2025 to 30 June 2026 and is derived as full-year 2025 plus the six months ended 30 June 2026 less the six months ended 30 June 2025, using the columns of the two filings named above. Its diluted and basic earnings per share are computed from that derived net income over the weighted-average share counts combined the same way; they are not amounts either filing prints.",
    "Cash flow is not available for a discrete quarter. The 10-Q's cash flow statement presents six months only, so the quarterly entries carry no cash flow block; the six-month figures sit in the year-to-date block.",
    "Free cash flow is stated here as net cash from operating activities less capital expenditures, both taken from the cash flow statements. Neither the FY2025 10-K nor the Q2 2026 10-Q presents a free cash flow line of its own, so this is a computed measure rather than a reported one.",
    "Total debt is the sum of the balance sheet's current maturities of long-term debt and finance leases and its non-current long-term debt and finance leases. Total liabilities is total assets less total shareowners' equity, since the balance sheet prints no total-liabilities subtotal.",
    "Total equity is total shareowners' equity, which includes noncontrolling interests ($32 million at 30 June 2026, $28 million at 31 December 2025 and $25 million at 31 December 2024).",
    "Capital expenditures, dividends, acquisitions and the investing and financing subtotals are carried with the sign the cash flow statement prints, so outflows are negative.",
    "Segment figures: UPS reports two reportable segments, U.S. Domestic Package and International Package. Its remaining businesses, reported as Supply Chain Solutions, fall below the reportable thresholds and the filings present them as other revenue and other profit in the reconciliations; they are labelled here as Supply Chain Solutions and other. Segment revenue and segment operating profit sum to the consolidated lines in every period shown.",
    "The 10-K states that from the fourth quarter of 2024 U.S. air cargo results are presented within the U.S. Domestic Package segment rather than Supply Chain Solutions, and that prior periods were recast to conform, with no change to consolidated results. The 2023 and 2024 segment figures here are the recast amounts as printed in the FY2025 10-K.",
    "Segment operating profit is defined by UPS as income before investment income and other, interest expense and income tax expense. Other pension income and expense is reconciled below segment operating profit rather than within it.",
    "No stock splits apply to any period here, the company is not an ADR issuer, and it reports in U.S. dollars, so no split, depositary-ratio or currency adjustment has been made."
  ],
  "uncertainties": [
    "Neither filing publishes a cash flow statement for a discrete three-month period, so no operating cash flow, capital expenditure or free cash flow figure is reported for Q2 2026 or Q2 2025. Only the six-month view in the year-to-date block is sourced.",
    "The 10-Q presents no balance sheet at 30 June 2025, so the Q2 2025 entry carries income statement and segment figures only.",
    "The first quarters of 2026 and 2025 are not presented as discrete three-month columns by either filing and are not reported here; they were not derived by differencing, because no first-quarter column was in front of these statements.",
    "The FY2025 10-K's balance sheet presents only 31 December 2025 and 2024, so no balance sheet is reported for FY2023.",
    "Trailing-twelve-month earnings per share and the trailing-twelve-month weighted-average share counts are arithmetic constructions from the annual and interim columns, not amounts UPS publishes. Because weighted-average share counts are not additive across periods in the strict sense, treat the trailing-twelve-month per-share figures as close approximations rather than reported results."
  ],
  "headline": {
    "period": "Q2 FY2026",
    "period_end_words": "June 30, 2026",
    "metrics": [
      {
        "label": "Revenue",
        "format": "usd",
        "value": 22834000000,
        "text": "$22.83 billion",
        "exact": "$22,834,000,000",
        "compact": "$22.83B",
        "abs": "$22.83 billion",
        "prior_value": 21221000000,
        "prior": "$21.22 billion",
        "priorabs": "$21.22 billion",
        "yoy": "up 7.6%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.revenue",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      },
      {
        "label": "Net income",
        "format": "usd",
        "value": 604000000,
        "text": "$604 million",
        "exact": "$604,000,000",
        "compact": "$604.00M",
        "abs": "$604 million",
        "prior_value": 1283000000,
        "prior": "$1.28 billion",
        "priorabs": "$1.28 billion",
        "yoy": "down 52.9%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.net_income",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      },
      {
        "label": "Diluted EPS",
        "format": "eps",
        "value": 0.71,
        "text": "$0.71",
        "exact": "$0.71",
        "compact": "$0.71",
        "abs": "$0.71",
        "prior_value": 1.51,
        "prior": "$1.51",
        "priorabs": "$1.51",
        "yoy": "down 53.0%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.diluted_eps",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      },
      {
        "label": "Operating profit",
        "format": "usd",
        "value": 930000000,
        "text": "$930 million",
        "exact": "$930,000,000",
        "compact": "$930.00M",
        "abs": "$930 million",
        "prior_value": 1822000000,
        "prior": "$1.82 billion",
        "priorabs": "$1.82 billion",
        "yoy": "down 49.0%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.operating_profit",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      },
      {
        "label": "US Domestic Package operating profit",
        "format": "usd",
        "value": 16000000,
        "text": "$16 million",
        "exact": "$16,000,000",
        "compact": "$16.00M",
        "abs": "$16 million",
        "prior_value": 916000000,
        "prior": "$916 million",
        "priorabs": "$916 million",
        "yoy": "down 98.3%",
        "source": {
          "array": "quarterly",
          "field": "segment_results.us_domestic_package_operating_profit",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      },
      {
        "label": "International Package revenue",
        "format": "usd",
        "value": 5044000000,
        "text": "$5.04 billion",
        "exact": "$5,044,000,000",
        "compact": "$5.04B",
        "abs": "$5.04 billion",
        "prior_value": 4485000000,
        "prior": "$4.49 billion",
        "priorabs": "$4.49 billion",
        "yoy": "up 12.5%",
        "source": {
          "array": "quarterly",
          "field": "segment_results.international_package_revenue",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      },
      {
        "label": "International Package operating profit",
        "format": "usd",
        "value": 623000000,
        "text": "$623 million",
        "exact": "$623,000,000",
        "compact": "$623.00M",
        "abs": "$623 million",
        "prior_value": 672000000,
        "prior": "$672 million",
        "priorabs": "$672 million",
        "yoy": "down 7.3%",
        "source": {
          "array": "quarterly",
          "field": "segment_results.international_package_operating_profit",
          "index": 0,
          "period_label": "Q2 2026",
          "period_end": "2026-06-30",
          "period_start": "2026-04-01",
          "span_days": 90,
          "source_accession": "0001628280-26-053249",
          "prior_index": 1,
          "prior_period_label": "Q2 2025",
          "prior_period_end": "2025-06-30",
          "prior_period_start": "2025-04-01",
          "prior_span_days": 90,
          "prior_source_accession": "0001628280-26-053249",
          "gap_days": 365
        }
      }
    ],
    "summary": "United Parcel Service reported $22.83 billion in revenue for Q2 FY2026, the quarter ended June 30, 2026, up 7.6% from a year earlier, while net income fell to $604 million from $1.28 billion and diluted earnings per share to $0.71 from $1.51. The profit decline came from separation costs under the Driver Choice Program, a voluntary separation program within the company's network reconfiguration and efficiency initiatives, which took consolidated operating profit down 49.0% to $930 million and left the U.S. Domestic Package segment with operating profit of $16 million, down 98.3% from $916 million. Revenue growth was aided by higher fuel surcharges following Middle East disruption, which also raised costs, and UPS completed its planned reduction of volume from its largest customer during the quarter.",
    "qa": [
      {
        "q": "How much revenue did UPS report in Q2 FY2026?",
        "a": "United Parcel Service reported $22.83 billion in revenue for Q2 FY2026, the quarter ended June 30, 2026. That is up 7.6% from $21.22 billion in the same quarter a year earlier, with higher fuel surcharges a substantial part of the increase."
      },
      {
        "q": "What was UPS earnings per share in Q2 FY2026?",
        "a": "United Parcel Service reported diluted earnings per share of $0.71 for Q2 FY2026, down from $1.51 a year earlier, on net income of $604 million."
      },
      {
        "q": "Why did UPS profit fall in Q2 FY2026?",
        "a": "United Parcel Service's consolidated operating profit was $930 million in Q2 FY2026, down 49.0% from $1.82 billion, because of separation costs under the Driver Choice Program, a voluntary separation program within the company's network reconfiguration and efficiency initiatives. Excluding those costs, UPS said its underlying second-quarter profitability improved."
      },
      {
        "q": "How did the UPS U.S. Domestic Package segment perform in Q2 FY2026?",
        "a": "The U.S. Domestic Package segment of United Parcel Service earned operating profit of $16 million in Q2 FY2026, down 98.3% from $916 million, as the voluntary separation charge landed almost entirely in that segment."
      },
      {
        "q": "How is UPS International Package doing in Q2 FY2026?",
        "a": "United Parcel Service's International Package segment generated revenue of $5.04 billion in Q2 FY2026, up 12.5% from $4.49 billion, driven by higher revenue per piece and fuel surcharges against a decline in average daily volume. Segment operating profit did not follow the top line: it was $623 million, down 7.3% from $672 million, so the segment's operating margin narrowed even as revenue grew."
      }
    ]
  },
  "company_details": {
    "Name": "United Parcel Service Inc",
    "Ticker": "UPS",
    "CIK": "0001090727",
    "Exchange": "NYSE",
    "State": "Georgia",
    "Incorporation": "Delaware",
    "SIC": "4210",
    "Office": "Energy & Transportation",
    "Industry": "Trucking & Courier Services (No Air)"
  },
  "next_filing": {
    "predicted_date": "2026-11-04",
    "predicted_type": "10-Q"
  },
  "fiscal_period": {
    "fiscal_year": 2026,
    "fiscal_period": "Q2",
    "tag": "FY26Q2",
    "period_end": "2026-06-30",
    "form": "10-Q",
    "accession": "0001628280-26-053249",
    "fiscal_year_end": "1231",
    "source": "facts"
  },
  "source_filings": [
    {
      "role": "annual",
      "current": false,
      "form": "10-K",
      "fiscal_year": 2025,
      "fiscal_period": "FY",
      "tag": "FY25",
      "period_end": "2025-12-31",
      "filed": "2026-02-17",
      "accession": "0001628280-26-008432",
      "url": "https://www.sec.gov/Archives/edgar/data/1090727/000162828026008432/0001628280-26-008432-index.htm",
      "source": "reported"
    },
    {
      "role": "quarterly",
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      "form": "10-Q",
      "fiscal_year": 2026,
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      "period_end": "2026-06-30",
      "filed": "2026-08-05",
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      "source": "facts"
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}