UPS reported adjusted earnings per share of $1.76 for Q2 2026, surpassing analysts' expectations of $1.66. Revenue reached $22.8 billion, beating the forecast of $21.84 billion and marking a 7.7% increase compared to $21.2 billion in the same quarter last year.
The growth was driven by a 6% rise in the U.S. Domestic segment, with revenue hitting $14.93 billion and revenue per piece climbing 9.3%. International revenue surged 12.5% to $5.04 billion, while the Supply Chain Solutions segment expanded by 7.8% to $2.86 billion. UPS also improved its adjusted operating margin to 9.2%, up 40 basis points year over year.
CEO Carol Tomé highlighted the company's successful completion of its Amazon volume reduction and network transformation as key factors in this "expected and significant shift" in performance. Following the strong quarter, UPS raised its full-year adjusted EPS guidance to approximately $7.22, above the street estimate of $7.13. Revenue guidance was increased to about $91.2 billion from the previous $89.7 billion, reflecting growing momentum in the business.
UPS shares jumped roughly 1.8% in premarket trading to $114.50. Despite a 14% gain this year, the stock still trades well below its post-pandemic peak of over $210. The positive results echo the broader trend of strong performance among logistics and supply chain firms rebuilding after pandemic disruptions.
This material is for informational purposes only and does not constitute financial advice.
