United Parcel Service (UPS) 10-K Summary — Year Ended Dec 31, 2025
United Parcel Service, Inc. filed its annual report for the most recent fiscal year. The filing describes the company's business, financial performance, risk factors, and liquidity position.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
United Parcel Service, Inc. filed its annual report for the most recent fiscal year. The filing describes the company's business, financial performance, risk factors, and liquidity position.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$88.7B
Revenue reported for the fiscal year.
Operating income
$7.9B
Income from operations reported for the year.
Net income
$5.6B
Net income reported for the year.
Operating cash flow
$8.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $100.3B | +3.1% |
| Dec 31, 2023 | $91B | -9.3% |
| Dec 31, 2024 | $91.1B | +0.1% |
| Dec 31, 2025 | $88.7B | -2.6% |
Business overview
United Parcel Service is a global logistics and package delivery company. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain Solutions. The company provides transportation, freight, and supply chain management services to customers worldwide.
Financial performance
Revenue for the period decreased compared to the prior year. Operating income and net income were reported, and operating cash flow was positive.
Material risks
The filing identifies risk factors including potential impacts from collective bargaining agreements, changes in government regulation, and competitive pressures. These factors could affect the company's operations and financial results.
Liquidity and capital
The company discusses liquidity and capital resources, noting cash flows from operations and collective bargaining agreements as relevant factors. No specific capital allocation strategy is detailed beyond these references.
What to watch
Monitor any updates regarding collective bargaining agreements and their potential impact on labor costs and operations.