UPS saw a solid increase in international revenue, but a drop in profit for the first quarter of this year, while domestic revenue also dropped.
The US express company announced first quarter 2026 revenue for the international package segment was up 3.8% year on year to $4.4bn.
However, operating profit for the segment was down by 14.4% to $547m as operating expenses rose 7%.
For the domestic segment, revenue was down 2.3% to $14bn, while profit plunged 47.4% to $515m. However, operating expenses for the domestic segment rose just 1%.
UPS further reported that revenue for its supply chain solutions segment was $2.4bn, a drop of 6.5%, though profit for the segment was 205m, up $345.7%. Expenses decreased 12.6% for the segment.
Total revenue for the company was $21.1bn, down 1.6%. Total operating profit was $1.3bn.
“I want to thank UPSers around the world for their hard work and efforts, and for pushing our transformation forward,” said Carol Tomé, UPS chief executive.
“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.
“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.”
Recently released research from the Chaddick Institute for Metropolitan Development at DePaul University in Chicago found UPS’s hub at Louisville Muhammed Ali International Airport (SDF) now has more daily flights and tonnage capacity than any other express air cargo hub in the world.
