United Parcel Service raises its 2026 outlook as third-quarter revenue rises 6.7%

United Parcel Service reported results for the quarter ended September 30, 2026, on October 27, 2026, and raised its fourth-quarter and full-year 2026 financial guidance.

For the third quarter, consolidated revenue increased 6.7% to $22.9 billion. Consolidated operating profit was $1.7 billion, and non-GAAP adjusted operating profit was $2.1 billion. GAAP diluted earnings per share were $1.37, and non-GAAP adjusted diluted earnings per share were $1.69.

GAAP results include a net charge of $279 million, or $0.32 per diluted share. The charge comprises $130 million of after-tax transformation strategy costs and a $182 million goodwill impairment in Supply Chain Solutions, partly offset by a $33 million gain on the sale of MD-11 assets.

U.S. Domestic revenue rose 4.5% to $14.865 billion, driven by a 6.1% increase in revenue per piece. International revenue increased 7.1% to $5.007 billion, driven by a 15.0% increase in revenue per piece. Supply Chain Solutions revenue increased 18.2% to $2.981 billion, primarily due to growth in forwarding and logistics, including healthcare.

For the fourth quarter of 2026, the company said it expects consolidated revenue of approximately $25.7 billion and non-GAAP adjusted operating profit of approximately $3.3 billion. For full-year 2026, it now expects consolidated revenue of approximately $92.6 billion, non-GAAP adjusted operating profit of approximately $8.75 billion, non-GAAP adjusted diluted EPS of approximately $7.28 and non-GAAP adjusted free cash flow of approximately $6.1 billion.