UPS · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
UNITED PARCEL SERVICE INC · 2026-08-05 · Importance 48 · Surprise 40 · Matches filing data
Second-quarter 2026 revenue increased 7.6% year over year to $22.834 billion, while first-half revenue increased 3.0% to $44.036 billion. Average daily package volume decreased 3.7% in the quarter and 5.7% year to date, primarily because UPS reduced its largest customer’s volume by more than 50% from 2024 levels. Average revenue per piece increased 11.3% in the quarter and 9.6% year to date, reflecting higher fuel surcharges, revenue-quality actions and higher-yielding volume. International Package revenue rose 12.5% to $5.044 billion in the quarter and 8.2% to $9.584 billion year to date, while U.S. Domestic Package revenue rose 6.0% to $14.930 billion in the quarter but only 1.8% to $29.055 billion year to date.
Key facts
- International Package total revenue for the three months ended June 30, 2026 was $5,044 million versus $4,485 million in 2025, an increase of 12.5%. source
- Consolidated revenue for the three months ended June 30, 2026 was $22,834 million, up $1,613 million or 7.6% versus $21,221 million in 2025. source
- Consolidated revenue for the six months ended June 30, 2026 was $44,036 million, up $1,269 million or 3.0% versus $42,767 million in 2025. source
- U.S. Domestic Package total revenue for the three months ended June 30, 2026 was $14,930 million versus $14,083 million in 2025, an increase of 6.0%. source
- Total SCS revenue for the three months ended June 30, 2026 was $2,860 million versus $2,653 million in 2025, an increase of 7.8%. source
- Average revenue per piece for the three months ended June 30, 2026 was $15.96 versus $14.34 in 2025, an increase of $1.62 or 11.3%. source
- U.S. Domestic Package revenue per piece increased 9.3% for the quarter and 8.0% year to date, driven by a 5.9% net increase in base and accessorial rates implemented throughout 2025, higher fuel surcharges and favorable customer mix. source
- Average revenue per piece for the six months ended June 30, 2026 was $15.65 versus $14.28 in 2025, an increase of $1.37 or 9.6%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +2.5% | International Package total revenue for the three months ended June 30, 2026 was $5,044 million versus $4,485 million in 2025, an increase… |