UPS Q3 revenue rises 6.7%, lifts 2026 outlook
UPS•United Parcel Service’s third-quarter revenue rose 6.7% year over year to $22.9 billion, with adjusted earnings per share of $1.69. The company raised its 2026 outlook, forecasting revenue of about $92.6 billion and adjusted operating profit of about $8.75 billion.
1. Quarterly results
UPS reported third-quarter revenue of $22.9 billion, up 6.7% year over year, and adjusted earnings per share of $1.69. It said revenue growth was driven by higher revenue per piece across segments.
2. Raised outlook
UPS expects fourth-quarter revenue of about $25.7 billion and adjusted operating profit of about $3.3 billion. For 2026, it now expects revenue of about $92.6 billion, adjusted operating profit of about $8.75 billion, adjusted diluted EPS of about $7.28 and adjusted free cash flow of about $6.1 billion.
3. Business drivers
The company said Supply Chain Solutions revenue grew mainly due to forwarding and logistics, including healthcare. It also cited increased automation and network efficiency as contributors to results.
