Revenue $22.83B, up 7.6% on a year earlier. International Package revenue $5.04B, up 12.5%. Supply Chain & Freight revenue $2.86B, up 7.8%. Diluted EPS $0.71 against $1.51.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $22.83B | $21.20B | $21.22B | +7.6% |
| Operating income | $930.00M | $1.27B | $1.82B | -49.0% |
| Net income | $604.00M | $864.00M | $1.28B | -52.9% |
| Diluted EPS | $0.71 | $1.02 | $1.51 | |
| Operating cash flow | $859.00M | $2.22B | $348.00M | +146.8% |
| Capital expenditures | -$693.00M | -$1.03B | -$1.12B | |
| Free cash flow | $166.00M | $1.19B | -$775.00M | |
| Dividend per share | $1.64 | $1.64 | $1.64 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| International Package revenue | $5.04B | $4.49B | +12.5% |
| Supply Chain & Freight revenue | $2.86B | $2.65B | +7.8% |
| U.S. Domestic Package revenue | $14.93B | $14.08B | +6.0% |
| Consolidated revenue growth | 7.6% | -2.7% | |
| Average Revenue Per Piece (Consolidated) | $16 | $14 | +11.3% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “United Parcel Service (UPS) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/UPS/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
