United Parcel Service, Inc. (UPS) FY2025 Annual P&L / Income Statement

Revenue by Business Segment by Product and Service

2025-01-01 to 2025-12-31

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United Parcel Service, Inc. (UPS) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETU.S. Domestic Package - GroundInternational Package - ExportU.S. Domestic Package - Next Day AirSupply Chain Solutions - LogisticsU.S. Domestic Package - DeferredInternational Package - DomesticSupply Chain Solutions - ForwardingSupply Chain Solutions - OtherU.S. Domestic Package - Cargo & OtherInternational Package - Cargo & OtherRevenueOperating ProfitTotal Operating ExpensesCompensation and benefitsPurchased transportationFuelDepreciation and amortizationRepairs and maintenanceOther expensesOther occupancyIncome Before Income TaxesTotal Other Income and (Expense)Net IncomeIncome Tax ExpenseIncome Before Income TaxesIncome BeforeIncome Taxes$7.16 BRevenueRevenue$88.66 BOperating ProfitOperating Profit$7.87 BNet IncomeNet Income$5.57 BTotal Operating ExpensesTotal OperatingExpenses$80.79 BU.S. Domestic Package - GroundU.S. Domestic Package - Ground$44.18 BIncome Tax ExpenseIncome Tax Expense$1.59 BTotal Other Income and (Expense)Total Other Incomeand (Expense)−$703.00 MCompensation and benefitsCompensation and benefits$48.61 BInternational Package - ExportInternational Package - Export$14.48 BU.S. Domestic Package - Next Day AirU.S. Domestic Package - Next Day Air$9.65 BPurchased transportationPurchased transportation$10.59 BSupply Chain Solutions - LogisticsSCS - Logistics$5.86 BFuelFuel$4.32 BU.S. Domestic Package - DeferredU.S. Domestic Package - Deferred$4.45 BDepreciation and amortizationDepreciation and amortization$3.75 BInternational Package - DomesticInternational Package - Domestic$3.40 BRepairs and maintenanceRepairs and maintenance$3.11 BSupply Chain Solutions - ForwardingSCS - Forwarding$2.92 BOther expensesOther expenses$8.16 BSupply Chain Solutions - OtherSCS - Other$1.80 BOther occupancyOther occupancy$2.27 BU.S. Domestic Package - Cargo & OtherU.S. Domestic Package- Cargo & Other$1.24 BInternational Package - Cargo & OtherInternational Package- Cargo & Other$696.00 M
Chart details

United Parcel Service, Inc. (UPS) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
88,661,000,000 US dollars
Total Operating Expenses
80,794,000,000 US dollars
Operating Profit
7,867,000,000 US dollars
Total Other Income and (Expense)
negative 703,000,000 US dollars
Income Before Income Taxes
7,164,000,000 US dollars
Income Tax Expense
1,592,000,000 US dollars
Net Income
5,572,000,000 US dollars
International Package - Cargo & Other
696,000,000 US dollars
International Package - Domestic
3,401,000,000 US dollars
International Package - Export
14,479,000,000 US dollars
Supply Chain Solutions - Forwarding
2,916,000,000 US dollars
Supply Chain Solutions - Logistics
5,855,000,000 US dollars
Supply Chain Solutions - Other
1,795,000,000 US dollars
U.S. Domestic Package - Cargo & Other
1,238,000,000 US dollars
U.S. Domestic Package - Deferred
4,446,000,000 US dollars
U.S. Domestic Package - Ground
44,183,000,000 US dollars
U.S. Domestic Package - Next Day Air
9,652,000,000 US dollars
Compensation and benefits
48,605,000,000 US dollars
Repairs and maintenance
3,107,000,000 US dollars
Depreciation and amortization
3,746,000,000 US dollars
Purchased transportation
10,588,000,000 US dollars
Fuel
4,316,000,000 US dollars
Other occupancy
2,269,000,000 US dollars
Other expenses
8,163,000,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
United Parcel Service, Inc. (UPS) FY2025 Annual P&L / Income Statement Sankey chart, Segments by Product and Service view
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Operating margin

8.9%

Operating profit / revenue

Cash conversion

151.7%

Operating cash / net income, same period

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