UPS Revenue surges to $22.9 billion in third quarter

UPS (NYSE:UPS) reported third-quarter 2026 revenue of $22.9 billion, up 6.7% year over year, as growth across all business segments supported higher financial guidance.

Consolidated operating profit was $1.7 billion, while adjusted operating profit reached $2.1 billion, with the adjusted operating margin at 9%.

“Our third-quarter results demonstrate the continued strengthening of our business fundamentals, driven by premium growth and greater network efficiency,” said UPS Chief Executive Officer Carol Tomé.

GAAP results included a net charge of $279 million, or $0.32 per diluted share, comprising $130 million in after-tax transformation costs and a $182 million goodwill impairment charge in Supply Chain Solutions, partly offset by a $33 million gain from the sale of MD-11 assets.

Diluted earnings per share were $1.37, compared with adjusted diluted earnings per share of $1.69, while UPS raised its full-year revenue outlook to approximately $92.6 billion.

The company also increased its full-year adjusted operating profit target to approximately $8.75 billion, adjusted diluted earnings per share target to approximately $7.28 and adjusted free cash flow target to approximately $6.1 billion.

UPS said it was entering the holiday shipping season with improved network efficiency.