UPS (UPS) Q1 2026 earnings

United Postal Service on Tuesday posted first-quarter earnings results that beat on the top and bottom lines.

Shares of the delivery giant sank slightly in premarket trading.

Here’s how the company performed in its first quarter, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

• Earnings per share: $1.07 adjusted vs. $1.02 expected
• Revenue: $21.2 billion vs. $20.99 billion expected

For the quarter ended March 31, UPS reported net income of $864 million, or $1.02 per share, compared with $1.19 billion, or $1.40 per share, a year prior. Adjusting for one-time items, the company reported a profit of $906 million, or $1.07 per share.

“The first quarter of 2026 marked a critical transition period for UPS in which we needed to flawlessly execute several major strategic actions and we delivered,” CEO Carol Tomé said in a statement. “With that behind us, we expect to return to consolidated revenue and operating profit growth, and adjusted operating margin expansion in the second quarter of this year.”

For its full-year 2026 outlook, the company reaffirmed its consolidated financial estimate of $89.7 billion in revenue and non-GAAP adjusted operating margin of 9.6%.

Company executives will hold a conference call at 8:30 a.m. ET.