UPS: Q3 revenue up and 2026 outlook raised again - TradingView
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American parcel delivery and courier group UPS published an increase in third-quarter revenue on Tuesday and raised its full-year forecasts, after already doing so this summer. Between July and September, the group's quarterly revenue stood at 22.9 billion dollars (20.56 billion euros), up 6.7%, compared with 22.28 billion anticipated by analysts surveyed by financial news agency Bloomberg. In detail, business grew by 4.5% on the US market while internationally, it increased by 7.1%. The supply chain solutions division also showed a positive trend (+18.2%), driven by growth in forwarding and logistics activities, particularly in the healthcare sector. On the other hand, net profit was down year-on-year, at 1.16 billion dollars, compared with 1.31 billion a year earlier and a consensus of 1.38 billion. This decline is notably due to an asset impairment and restructuring costs, whereas in the same period last year, UPS had recorded several exceptional items. In 2025, UPS had reached an agreement with its largest customer, Amazon, to reduce business volume with the latter by more than 50% over time. This decision is accompanied by a reorganization of its network that is expected to lead it to close up to 10% of its centers, reduce its vehicle and aircraft fleets, and downsize its workforce. Following 14,000 job cuts already announced in 2023, UPS embarked on a major...
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