0001628280-26-031154
SEC filingRevenue was $21.2B (-1.6%) Operating Income was $1.3B (-23.9%) Net Income was $864.0M (-27.2%) Eps was $1.02 (-27.1%)
Net income dropped 27.2% to $864 million, with diluted EPS declining 27.1% to $1.02 from $1.40, as profitability challenges compounded the topline pressures. Pension income provided some support through higher expected returns on assets, though offset by rising interest costs from plan growth and demographic changes.
Operationally, two aircraft were temporarily idled for approximately seven months as of March 31, 2026, to better match integrated air and ground network capacity with current demand. Management noted ongoing reviews of volume changes, potentially leading to additional workforce reductions and building closures. These actions position UPS to enhance efficiency and adapt to evolving demand patterns while executing its transformation strategy.