United Parcel Service Inc Q2 2026: Revenue $22.83B, EPS $0.71— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.United Parcel Service Inc reported Q2 2026 revenue of $22.83B, up 7.6% year-over-year, driven by fuel surcharges and the AHG acquisition. However, net income fell 52.9% to $604M, and diluted EPS declined 53.0% to $0.71 due to lower package volumes and $1.1B in separation costs. The company continues its network reconfiguration efforts, closing 45 buildings in H1, while launching 'Efficiency Reimagined' with expected annual benefits of $3B.
United Parcel Service Inc reported second-quarter 2026 results with revenue of $22.83B, up 7.6% from the year-ago quarter, while net income fell to $604M and diluted EPS declined to $0.71 as the company navigated lower volumes and separation-related costs.
Financial Highlights
- Revenue was $22.83B for Q2 2026, compared with $21.22B in the year‑ago quarter; YoY change 7.6%.
- Net income was $604M for Q2 2026, compared with $1.28B in the year‑ago quarter; YoY change (52.9%).
- Diluted EPS was $0.71 for Q2 2026, compared with $1.51 in the year‑ago quarter; YoY change (53.0%).
Business Highlights
- Consolidated revenue growth of about 7.6% in Q2 (3.0% YTD) was driven by higher fuel surcharges, improved revenue quality and the impact of the AHG acquisition.
- Average daily package volume declined ~3.7% in Q2 (5.7% YTD) due to planned large-customer reductions and e-commerce quality actions.
- Strength in healthcare, small- and mid-sized businesses and international corridors; AHG integration expanded healthcare logistics and temperature-controlled capabilities.
- Operational progress on Network Reconfiguration/Network of the Future with 45 buildings closed in H1, retirement of the MD-11 fleet, and ongoing investments in aircraft and automation.
- Launched Efficiency Reimagined and recorded $1.1B of separation costs (Driver Choice); company expects roughly $3B of annual benefits from network initiatives.
Original SEC Filing: UNITED PARCEL SERVICE INC [ UPS ] - 10-Q - Aug. 05, 2026