Operating Income

Operating Income

United Parcel Service, Inc. Operating Income decreased by 50.8% to $1.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.9%, from $1.67B to $1.27B. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -11.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.

Detailed definition

Operating income is the profit realized from a company's core business operations after deducting all operating expenses...

Peer comparison

A standard benchmark for operational performance; peers are compared based on operating margin percentages.

Metric ID: operating_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.26B$2.90B$3.89B$3.25B$3.54B$3.11B$3.20B$2.54B$2.78B$1.34B$2.48B$1.61B$1.94B$1.99B$2.93B$1.67B$1.82B$1.80B$2.58B$1.27B
QoQ Change-11.1%+34.4%-16.4%+8.7%-11.9%+2.6%-20.5%+9.4%-51.7%+84.4%-34.9%+20.5%+2.1%+47.4%-43.1%+9.4%-1.0%+42.7%-50.8%
YoY Change+8.5%+7.5%-17.9%-21.8%-21.4%-56.9%-22.5%-36.5%-30.1%+47.8%+18.1%+3.3%-6.3%-9.1%-12.0%-23.9%
Range$1.27B$3.89B
CAGR-18.0%
Avg YoY Growth-10.8%
Median YoY Growth-14.9%

Business Segments

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
US Domestic Package$1.84B$1.47B$1.60B$571.00M$1.44B$825.00M$989.00M$898.00M
International Package$1.02B$828.00M$883.00M$630.00M$890.00M$656.00M$718.00M$798.00M
Supply Chain Solutions$335.00M$247.00M$295.00M$142.00M$150.00M$132.00M$237.00M$289.00M
Total$3.20B$2.54B$2.78B$1.34B$2.48B$1.61B$1.94B$1.99B

International Package, Supply Chain Solutions, US Domestic Package were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is United Parcel Service, Inc.'s operating income?
United Parcel Service, Inc. (UPS) reported operating income of $1.27B in Q1 2026.
How has United Parcel Service, Inc.'s operating income changed year-over-year?
United Parcel Service, Inc.'s operating income decreased by 23.9% year-over-year, from $1.67B to $1.27B.
What is the long-term trend for United Parcel Service, Inc.'s operating income?
Over 4 years (2021 to 2025), United Parcel Service, Inc.'s operating income has grown at a -11.5% compound annual growth rate (CAGR), from $12.81B to $7.87B.
What does operating income mean?
The profit a company makes from its core business operations before interest and taxes.