- UPS reported second-quarter earnings of $22.8 billion and adjusted earnings per share of $1.76.
- The company raised its full-year guidance to approximately $91.2 billion, up from a prior forecast of $89.7 billion.
- CEO Carol Tomé highlighted a significant performance shift, stating, "Our second-quarter results marked an expected and significant shift in our performance and we delivered both consolidated revenue and non-GAAP adjusted operating profit growth."
- UPS's adjusted earnings are expected to be $7.22 per share, which is ahead of analyst estimates.
- For the second quarter, UPS reported a net income of $604 million, down from $1.28 billion in the same period last year.
- UPS is currently undergoing a turnaround strategy aimed at positioning the company for long-term and sustainable growth.
- The company experienced a 6% increase in domestic revenue and a 12.5% increase in international revenue for the second quarter.
- UPS's supply chain solutions revenue rose 7.8%, partly due to growth in healthcare logistics.
UPS reported a net income of $604 million for the second quarter, down from $1.28 billion a year earlier. Despite this decline, the company achieved a 6% increase in domestic revenue and a 12.5% increase in international revenue, driven by a 9.3% rise in revenue per piece domestically and an 18.9% rise internationally.57
CEO Carol Tomé emphasized the company's turnaround strategy, stating, "Our second-quarter results marked an expected and significant shift in our performance and we delivered both consolidated revenue and non-GAAP adjusted operating profit growth." UPS's consolidated operating profit was reported at $930 million, with a non-GAAP adjusted operating profit of $2.1 billion.36
The company also confirmed expected capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval. UPS's adjusted earnings per share for the quarter were $1.76, and the company anticipates a full-year adjusted diluted EPS of approximately $7.22.14
UPS's strategic shift aims to enhance long-term growth by focusing on more profitable packages, moving away from low-margin e-commerce shipments. The company is set to discuss these results further during a conference call with investors and analysts.
“For Q2 2026, UPS reported revenue of $22.8 billion and adjusted earnings per share of $1.76, despite a drop in net income to $604 million. The company is undergoing a turnaround strategy, with a focus on improving profitability through a shift from low-margin e-commerce to more profitable packages.”
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