Quarterly ResultApr 28, 2026, 06:18 AM
UPS Q1 Revenue $21.2B, EPS $1.02; Reaffirms FY26 Guidance
AI Summary
UPS reported first-quarter 2026 consolidated revenues of $21.2 billion, a 1.6% decrease year-over-year, with diluted earnings per share of $1.02, down 27.1% from Q1 2025. Despite declines in U.S. Domestic and International segments, the Supply Chain Solutions segment saw a significant increase in operating profit. The company reaffirmed its full-year 2026 financial targets, including approximately $89.7 billion in revenue and a 9.6% non-GAAP adjusted operating margin, with the CEO anticipating a return to growth in the second quarter.
Key Highlights
- Consolidated Revenues were $21.2 billion, a 1.6% decrease year-over-year.
- Diluted EPS was $1.02, a 27.1% decrease compared to Q1 2025.
- Non-GAAP Adjusted Diluted EPS was $1.07, down 28.2% from Q1 2025.
- U.S. Domestic Segment revenue declined 2.3% to $14.125 billion; operating profit fell 47.4% to $515 million.
- International Segment revenue increased 3.8% to $4.540 billion; operating profit decreased 14.7% to $547 million.
- Supply Chain Solutions revenue declined 6.5% to $2.537 billion, but operating profit surged 345.7% to $205 million.
- Company reaffirmed full-year 2026 revenue guidance of approximately $89.7 billion.
- Reaffirmed full-year 2026 non-GAAP adjusted operating margin guidance of approximately 9.6%.