Filing Flows › United Parcel Service (UPS) › Operating margin
United Parcel Service (UPS) operating margin by quarter
United Parcel Service's operating margin was 7.6% in Q3 2026 (third quarter 2026), +3.6 pts from Q2 2026. Over the last 7 quarters it ranged from 4.1% (Q2 2026) to 10.5% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 7.6% | +3.6 pts | -0.8 pts |
| Q2 2026 | 4.1% | -1.9 pts | -4.5 pts |
| Q1 2026 | 6.0% | -4.5 pts | -1.8 pts |
| Q4 2025 | 10.5% | +2.1 pts | — |
| Q3 2025 | 8.4% | -0.2 pts | — |
| Q2 2025 | 8.6% | +0.9 pts | — |
| Q1 2025 | 7.7% | — | — |
Q3 2026 at a glance
United Parcel Service, Q3 2026: revenue $22.9B (+7% year over year), operating margin 7.6%, net earnings $1.2B, operating cash flow $2.9B. The chart follows the revenue to costs, profit and cash.
Questions
What is United Parcel Service's operating margin?
United Parcel Service's operating margin was 7.6% in Q3 2026 (third quarter 2026), +3.6 pts from Q2 2026.
How has United Parcel Service's operating margin changed?
Over the last 7 quarters it ranged from 4.1% (Q2 2026) to 10.5% (Q4 2025).