UPS lifts 2026 revenue outlook to $91.2 bn as it shifts focus from Amazon parcels
UPS announced an increased revenue forecast for 2026 of about $91.2 billion, up from the previously projected $89.7 billion. The uplift reflects a strategic shift away from low‑margin e‑commerce shipments, especially those for Amazon, toward more profitable package categories, tighter pricing and an improved business mix.
In the second quarter, UPS reported revenue of $14.9 billion, a 6 % year‑over‑year increase, and adjusted earnings of $1.76 per share, surpassing Wall Street expectations. CEO Carol Tomé said the results marked a clear turnaround in the company’s performance. Despite the positive figures, UPS shares slipped roughly 5 % in early US trading. The stronger outlook also provided tailwinds for Germany’s DHL Group, whose shares have recently hit multi‑year highs.
Analysts noted that the higher earnings per parcel and the reduced reliance on Amazon’s volume underline UPS’s effort to boost margins while navigating a still‑cautious demand environment.
Entities: Amazon.com, Inc. · Carol Tomé · DHL Group · United Parcel Service (UPS) · United States
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] Second‑quarter revenue was $14.9 billion, a 6 % increase year over year. (UPS)
- [○ 1 SOURCE] The stronger UPS outlook provided tailwinds for DHL Group, whose shares reached a multi‑year high. (DHL Group)
- [○ 1 SOURCE] UPS shares fell about 5 % in early US trading after the earnings release. (UPS)
- [● 2 SOURCES] UPS is reducing low‑margin e‑commerce shipments, especially those for Amazon, in favor of higher‑margin packages. (UPS)
- [○ 1 SOURCE] CEO Carol Tomé said the Q2 results marked an expected and clear turnaround in the business. (Carol Tomé)
- [● 2 SOURCES] Adjusted earnings per share for Q2 were $1.76, above Wall Street estimates. (UPS)
- [● 2 SOURCES] UPS increased its 2026 revenue forecast to roughly $91.2 billion, up from $89.7 billion. (UPS)