$UPS · UNITED PARCEL SERVICE INC
UPS reported Q3 2026 earnings with consolidated revenue of $22.9B (+6.7% YoY), non-GAAP adjusted diluted EPS of $1.69, and raised full-year 2026 guidance across all key metrics. GAAP results included $279M in net charges from transformation costs and a Supply Chain Solutions goodwill impairment. The company now expects FY2026 revenue of ~$92.6B, non-GAAP adjusted operating profit of ~$8.75B, and non-GAAP adjusted EPS of ~$7.28.
- Q3 2026 consolidated revenue rose 6.7% YoY to $22.9B, with growth across all three segments.
- Non-GAAP adjusted diluted EPS was $1.69 vs. GAAP diluted EPS of $1.37, reflecting $0.32 in net charges.
- U.S. Domestic revenue increased 4.5% driven by a 6.1% increase in revenue per piece.
- International revenue jumped 7.1% with a 15.0% surge in revenue per piece.
- Full-year 2026 guidance raised: revenue to ~$92.6B, non-GAAP adjusted operating profit to ~$8.75B, non-GAAP adjusted EPS to ~$7.28, and free cash flow to ~$6.1B.
Extended-hours trading shows UPS at $102.30, up +2.10% vs the regular-session close of $100.20, indicating a positive initial reaction to the guidance raise and broad-based revenue growth.
UPS delivered broad-based revenue growth and raised full-year guidance across every major metric, signaling accelerating business momentum entering peak season.
UPS's 6.7% consolidated revenue growth and guidance raise signal strengthening freight and logistics demand heading into peak holiday season, a positive read-through for the broader transport sector.
Supply Chain Solutions GAAP operating profit fell sharply to $92M from $525M YoY, including a $182M goodwill impairment charge. The $279M in total net charges (transformation costs plus impairment) highlights ongoing restructuring drag.