Welcome to our dedicated page for UNITED PARCEL SERVICE SEC filings (Ticker: UPS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
United Parcel Service, Inc. filings document operating results, governance matters, capital structure and material-event disclosures for a global logistics company. Its Form 8-K reports include quarterly results releases, financial statement schedules and other material events tied to business performance and corporate governance.
UPS proxy materials cover board elections, executive compensation, equity awards and shareholder voting matters. Other filings document listed debt securities, including senior notes, and exchange notices such as removal from listing and registration for a matured or retired note class.
United Parcel Service, Inc. is conducting a takedown from its $10,000,000,000 shelf registration to issue a new series of unsecured, unsubordinated senior notes. The notes will be issued in book-entry form through DTC, will not be listed on any exchange, and may be redeemed at UPS’s option, including an earlier optional redemption after a defined Par Call Date using a Treasury-based make-whole formula.
UPS will use the net cash proceeds for general corporate purposes. In addition, UPS will contribute a portion of the notes to its pension structures: not more than 20% of the total principal amount to the UPS Retirement Plan Trust and not more than 25% to a Master Trust funding several defined benefit plans, with the contributed notes forming a single series with the publicly offered notes.
As context, UPS generated $88.7 billion of revenue in 2025 and delivered an average of 20.8 million packages per day, highlighting the scale supporting these senior debt obligations. The notes are issued under an existing 2022 indenture that contains limited financial covenants but includes optional redemption, defeasance and negative pledge-style provisions on secured debt and sale‑leaseback transactions.
United Parcel Service, Inc. reported second-quarter 2026 revenue of $22,834 million, up 7.6% year over year, as all segments contributed and average revenue per piece rose 11.3% despite a 3.7% decline in average daily package volume.
Operating expenses increased 12.9% to $21,904 million, driven mainly by $1,172 million of transformation strategy costs, including approximately $1.1 billion of separation costs for the U.S. Driver Choice Program and actions under its Network Reconfiguration and Efficiency Reimagined initiatives. Operating profit fell to $930 million, with operating margin dropping to 4.1% from 8.6%.
Net income declined to $604 million and diluted EPS to $0.71, both down over 50% from a year earlier. On a non-GAAP basis, adjusted diluted EPS was $1.76 after excluding $891 million of after-tax transformation costs. For the first six months of 2026, UPS generated $3,083 million in cash from operating activities and returned $2,708 million to shareowners via dividends while closing 45 facilities and incurring $1.8 billion of cumulative costs for its current transformation initiatives, which are expected to conclude by 2027.
United Parcel Service, Inc. reported second-quarter 2026 consolidated revenue of $22.8 billion, GAAP operating profit of $930 million and GAAP diluted EPS of $0.71. On a non-GAAP basis, adjusted operating profit was $2.1 billion with a 9.2% margin, and adjusted diluted EPS was $1.76, reflecting year-over-year growth in revenue and adjusted profitability.
U.S. Domestic revenue rose to $14.93 billion, with a non-GAAP adjusted operating margin of 8.0%; International revenue reached $5.04 billion with a 12.4% operating margin; and Supply Chain Solutions revenue was $2.86 billion with a 10.2% margin. Results included after-tax transformation charges of $891 million, mainly from workforce reductions under the Driver Choice Program. UPS raised its 2026 outlook to about $91.2 billion in consolidated revenue, non-GAAP adjusted operating profit of roughly $8.65 billion, and non-GAAP adjusted diluted EPS of about $7.22, and continues to target $3.0 billion in 2026 capital expenditures and around $5.4 billion in dividends.
United Parcel Service, Inc. reported that director Eva Boratto resigned from its Board of Directors effective June 13, 2026. She is leaving to take on the role of Chief Financial Officer of Cencora, Inc. The company states that her resignation was not due to any disagreement regarding UPS’s operations, policies, or practices and thanks her for her service.
UNITED PARCEL SERVICE INC Chief Digital & Tech Officer Bala Subramanian exercised 3,086.297 restricted stock units, converting them into an equal number of Class A common shares for no cash consideration. To cover tax obligations, 1,027 shares were withheld at $100.78 per share, leaving him with 24,562.2887 UPS Class A shares held directly, including balances in his 401(k) and Discounted Employee Stock Purchase Plan.
UNITED PARCEL SERVICE INC executive Kathleen M. Gutmann exercised restricted stock units that converted into 3,551.5808 shares of Class A common stock for no cash consideration, then had 1,582 shares withheld to cover tax obligations. After these routine compensation-related transactions, she directly holds 99,443.7051 shares, plus 10,655 restricted stock units.
United Parcel Service executive Matthew W. Guffey reported the May 15, 2026 vesting of 2,667.8342 restricted stock units, converting into the same number of Class A shares for no cash consideration. After related tax withholding of 1,189 shares at $100.78, he holds 8,580.5585 Class A shares, including 262.6176 shares in his 401(k). These restricted stock units vest 25% in May 2026, 25% in May 2027 and 50% in May 2028.
UNITED PARCEL SERVICE INC Chief Financial Officer Brian M. Dykes reported routine equity compensation activity involving Class A common stock and restricted stock units. He exercised 3,137.5006 restricted stock units into UPS Class A common stock for no cash consideration, and 1,398 shares were disposed of to cover tax obligations through a tax-withholding disposition. Following these transactions, he directly holds 15,970.0367 shares of Class A common stock, which includes 538.2532 shares in his 401(k) account. He also holds 9,413 restricted stock units, which vest 25% in May 2026, 25% in May 2027, and 50% in May 2028, with units credited upon payment of dividends on the underlying Class A common stock.
On May 15, 2026, United Parcel Service President, US Operations Nando Cesarone exercised 3,551.5808 restricted stock units, receiving the same number of UPS Class A shares for no cash consideration. 1,582 Class A shares were withheld at $100.78 per share to cover taxes. After these transactions, he directly holds 43,507.0195 Class A common shares and 1 Class B share, with the RSU award vesting 25% in May 2026, 25% in May 2027 and 50% in May 2028.