What were UPS's (NYSE:UPS) total revenue and operating profit for Q1 2026?

UPS reported consolidated revenues of $21.2 billion for Q1 2026, with a consolidated operating profit of $1.27 billion. The non-GAAP adjusted operating profit was $1.32 billion, representing a 6.2% adjusted margin.

What were UPS's diluted earnings per share (EPS) for Q1 2026?

GAAP diluted EPS for Q1 2026 were $1.02. On an adjusted basis, diluted EPS reached $1.07, which accounted for $42 million in after-tax transformation charges related to network modernization and organizational restructuring.

How did UPS manage global macroeconomic pressures in Q1 2026?

UPS navigated global macroeconomic pressures by maintaining a disciplined approach to cost management and focusing on revenue quality. This strategy helped the company sustain profitability in line with its internal expectations.

What is UPS's guidance for full-year 2026 revenue and operating margin?

UPS reaffirmed its full-year 2026 financial guidance, expecting consolidated revenue in the range of $92 billion to $94.5 billion. The company also expects an adjusted operating margin between 10% and 10.6% for the full year.

Transport and logistics

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UPS reaffirms FY guidance following $21.2B Q1 revenue

Written by Brie CarterPublished Apr 28, 2026, 12:00 AMLast Updated Jul 4, 2026, 2:02 PM

UPS (NYSE:UPS) announced its first-quarter 2026 financial results on Tuesday, April 28, reporting consolidated revenues of $21.2 billion.

The Atlanta-based logistics giant posted a consolidated operating profit of $1.27 billion, with a non-GAAP adjusted consolidated operating profit of $1.32 billion, representing a 6.2% adjusted margin.

For the quarter ended March 31, 2026, GAAP diluted earnings per share (EPS) were $1.02.

On an adjusted basis, diluted EPS reached $1.07, which accounts for $42 million in after-tax transformation charges related to the company’s ongoing network modernization and "Fit to Serve" organizational restructuring.

The results reflect a stabilizing global volume environment as UPS continues to lean into high-growth segments, including healthcare and small-to-medium-sized businesses (SMBs).

While global macroeconomic pressures remain a factor, the company’s disciplined approach to cost management and revenue quality helped maintain profitability in line with internal expectations.

Looking ahead, UPS reaffirmed its full-year 2026 financial guidance, which targets consolidated revenue ranging from approximately $92 billion to $94.5 billion.

The company also expects a consolidated adjusted operating margin between 10% and 10.6% for the full year.

Capital expenditures are projected to remain around $4.5 billion, with dividend payments totaling approximately $5.4 billion, subject to Board approval