UPS announces a revenue of $21.2 billion for the first quarter of 2026 and reiterates its forecast.

United Parcel Service (UPS) experienced a decline in its Q1 2026 financial results, reporting consolidated revenue of $21.2 billion, down from $21.5 billion a year prior. Adjusted operating profit decreased to $1.32 billion, while operating margin fell to 6.2%. The company noted significant changes, including a reduction in Amazon volume and the closure of 23 facilities, as part of its $3 billion cost-saving initiative. Despite the challenges, UPS highlighted better-than-expected underlying performance and plans to maintain its full-year revenue guidance at approximately $89.7 billion.