United Parcel Service, Inc. (UPS) Earnings Call Transcripts

United Parcel Service, Inc.'s Latest Earnings Call - Q3 FY2026

In the third quarter of 2026, United Parcel Service, Inc. (UPS) reported consolidated revenue of $22.9 billion, a 6.7% increase year-over-year, and operating profit of $2.1 billion. The company raised its full-year revenue guidance to approximately $92.6 billion and operating profit to approximately $8.75 billion, reflecting strong performance across all segments. Notably, the U.S. Domestic segment saw a 14% increase in operating profit, indicating successful execution of its premium growth strategy, which could positively influence stock performance moving forward.

Reported metrics

Guidance from management

UPS raised its full-year 2026 revenue guidance to approximately $92.6 billion and operating profit to approximately $8.75 billion, reflecting confidence in continued operational momentum.

What management said

So it's Scott. So we absolutely think that we will be able to show steady improvement in margin as we move forward. What you see going from Q2 to Q3 and into Q4 is consistent margin improvement year-over-year. as we lap into next year and we get past a lot of the noise on Amazon, yes, look, this kind of 50 to 100 basis point spread in RPP and CPP is going to help us continue to drive consistent margin improvement. Th...

So that's the way you should think about it is every year, improving margin every year, improving the margin. No, go from 7.5% to 10% in a year, but every year, improve the margin because we're going to continue to lean into premium, the premium opportunity is big. We're going to continue to drive productivity. So every year, margins should get better.

What analysts pressed on

Analysts expressed concerns about the potential impact of Amazon's pricing strategies on UPS's B2B segment and the visibility of volume trends moving into 2027. There was also inquiry regarding the sustainability of margin improvements amidst ongoing competitive pressures.

Main topics on the call

• Revenue Growth Across Segments — UPS achieved consolidated revenue of $22.9 billion, up 6.7% from the previous year, with all three segments contributing to this growth. Management stated, "Revenue grew across all 3 segments driving consolidated revenue...
• U.S. Domestic Segment Performance — The U.S. Domestic segment reported a 14% increase in operating profit, driven by a 4.5% rise in revenue to $14.9 billion. Management noted, "The U.S. Domestic segment delivered over $1 billion in operating profit, a 14.3...
• International Segment Recovery — The International segment returned to year-over-year operating profit growth for the first time in six quarters, generating $5 billion in revenue, up 7.1%. Management highlighted, "International generated $5 billion in r...
• Supply Chain Solutions Growth — Supply Chain Solutions revenue increased by $459 million year-over-year, driven by demand in high-tech and healthcare sectors. Management stated, "Total Supply Chain Solutions revenue was $3 billion, an increase of $459 ...

Read the full United Parcel Service, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 35 United Parcel Service, Inc. earnings call transcripts on record, spanning January 30, 2020 to October 27, 2026. Based on this history, United Parcel Service, Inc. reports quarterly. The most recent call on file is dated October 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

UPS

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Air Freight and Logistics

Calls on record

35

First call

January 30, 2020

Most recent

October 27, 2026

Reporting cadence

quarterly