United Parcel Service Inc

Company facts

Industry

Trucking & Courier Services (No Air)

Headquarters

Atlanta, Georgia

Most recent report

8-K, filed Aug 31, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 1090727

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 0 positive, 8 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Profit halved; transformation costs surged; segment results collapsed.
  Notable

  • Parent company guarantees of $1.8 billion for new aircraft leases were entered into.
  • IEEPA tariff refunds: $500 million approved by CBP, $200 million received as of June 30.
  • No share repurchases in H1 2026, compared to $1.0 billion in H1 2025.

• Management's Discussion (Item 2)

  Operating profit down 49%, $1.1B transformation costs, largest customer cut by >50%.
  Notable

  • $1.1B in separation costs recorded in H1 2026 for the Driver Choice Program (voluntary separation).
  • $500M in IEEPA tariffs approved for refund by CBP; cash flow helped by timing of pass-through refunds.
  • Non-GAAP adjusted diluted EPS was $1.76 in Q2 2026 vs GAAP $0.71, masking transformation charges.
  • No shares repurchased in H1 2026 vs $1B in H1 2025; $2.7B returned via dividends.
  • $1.8B parent company guarantees for aircraft leases outstanding at June 30, 2026.
  Negative

  • Two SCS reporting units (GFF $877M, HLD $738M) have limited fair value excess above carrying value.

What changed: Jun 2026 vs. Mar 2026

About 11% of UPS's Jun 2026 10-Q is new information. 42 paragraphs were added, 179 changed, and 66 removed. Below are the most important lines SECSift identified.

• Item 2 98
• Item 1 81
• Item 4 1
• Item 6 1