Operating Income
United Parcel Service, Inc. Operating Income increased by 42.7% to $2.58B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 12.0%, from $2.93B to $2.58B. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -11.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
is_operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '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.
Operating Income at Other Companies
Frequently Asked Questions
- What is United Parcel Service, Inc.'s operating income?
- United Parcel Service, Inc. (UPS) reported operating income of $2.58B in Q4 2025.
- How has United Parcel Service, Inc.'s operating income changed year-over-year?
- United Parcel Service, Inc.'s operating income decreased by 12.0% year-over-year, from $2.93B to $2.58B.
- 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 earned from core business activities, before accounting for interest and taxes.