UPS stock falls 1.24 percent as Q2 EPS drops

Published on 09/24/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UPS stock posted USD 22.83 billion in Q2 revenue on September 24, 2026. GAAP diluted EPS was USD 0.71 versus USD 1.51 a year earlier.

Nächtliches Logistikzentrum mit unbeschrifteten Lieferwagen und Paketen an Laderampen — Fotorealistisches Bild eines Logistikzentrums bei Nacht für United Parcel Serv. mit ISIN US9113121068 dargestellt, Illustration mit AI erstellt.

UPS stock (ISIN US9113121068) was trading at USD 94.64 on the NYSE on September 24, 2026 at 9:40 a.m. ET, down 1.24 percent from the prior close of USD 95.82. The move follows a second quarter in which revenue grew while earnings per share declined sharply.

Revenue reaches USD 22.83 billion

United Parcel Service generated USD 22.83 billion in revenue in Q2 2026, compared with USD 21.22 billion in Q1 2026. Operating profit was USD 930 million, net income was USD 604 million and diluted EPS was USD 0.71 for the quarter.

According to SageNoodle on September 11, 2026, Q2 revenue increased 7.6 percent year over year, while diluted EPS fell 53.0 percent from USD 1.51 in the prior-year quarter to USD 0.71. The contrast puts operating profitability ahead of top-line growth in the market discussion.

EPS falls as costs rise

The Q2 operating margin was 4.0 percent, based on USD 930 million of operating profit against USD 22.83 billion of revenue. That compares with 6.0 percent in Q1 2026, a two percentage point sequential decline.

Adjusted figures tell a different part of the story: Yahoo Finance reported that adjusted EPS reached USD 1.76 in Q2 2026, up 13.5 percent year over year, while adjusted operating profit rose 12.0 percent to USD 2.10 billion. The gap between GAAP and adjusted results reflects the effect of transformation costs on reported earnings.

UPS stock trades below yearly high

The intraday price of USD 94.64 on September 24, 2026 stands 22.7 percent below the 52-week high of USD 122.41 and USD 12.64 above the 52-week low of USD 82.00. Market capitalization was USD 80,392,637,479 at the same quote snapshot.

Bank of America kept a Neutral rating and cut its UPS price target from USD 115 to USD 108 on September 21, 2026, as Yahoo Finance reported. The revised target remains USD 13.36 above the intraday price, keeping the analyst view centered on volume and earnings pressure.

Intraday price shows pressure

UPS stock was trading at USD 94.64 on the NYSE on September 24, 2026 at 9:40 a.m. ET, down 1.24 percent from USD 95.82. The stock's current range is USD 82.00 to USD 122.41 over 52 weeks.