---
schema_version: "secwatch.filing_event.v1"
accession: "0001090727-23-000050"
form_type: "8-K"
ticker: "UPS"
cik: "0001090727"
company_name: "UNITED PARCEL SERVICE INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:50:06.328567+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UPS Q3 revenue $21.1B (-12.8% YoY); adj. EPS $1.57 vs $2.99; cuts FY guidance

## Summary
- Consolidated revenue $21.1B, down 12.8% YoY; adjusted diluted EPS $1.57, down 47.5% from $2.99.
- U.S. Domestic Package revenue $13.66B (-11.1%); avg daily volume fell 11.5%, revenue per piece up 2.0%.
- International revenue $4.27B (-11.1%); Supply Chain Solutions revenue $3.13B (-21.4%).
- Full-year 2023 revenue guidance lowered to $91.3B-$92.3B; adjusted operating margin 10.8%-11.3%.
- Capex maintained at ~$5.3B; share repurchases reduced to ~$2.25B; dividend ~$5.4B.

## SEC filing metadata
- accession: 0001090727-23-000050
- form_type: 8-K
- ticker: UPS
- cik: 0001090727
- company_name: UNITED PARCEL SERVICE INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090727/000109072723000050/0001090727-23-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090727/000109072723000050/ups-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001090727-23-000050
- JSON: https://secwatch.observer/filing/0001090727-23-000050.json
- Plain text: https://secwatch.observer/filing/0001090727-23-000050.txt

## Key facts
- Earnings Releases
  UNITED PARCEL SERVICE INC reported the quarter ended September 30, 2023 results: revenue $21.1 billion, net income $1,127 million, EPS $1.31.
  - Period: the quarter ended September 30, 2023
  - Revenue: $21.1 billion
  - Net income: $1,127 million
  - EPS: $1.31
  - Result: reported results
  source text: EPS of $1.31; Adj. Diluted EPS of $1.57, Compared to $2.99 Last Year ATLANTA – October 26, 2023 – UPS (NYSE:UPS) today announced third-quarter 2023 consolidated revenues of $21.1 billion, a 12.8% decrease from the third quarter of 2022. Consolidated operating profit was $1.3 billion, down 56.9% compared to the third quarter of 2022, and down 48.7% on an adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090727/000109072723000050/0001090727-23-000050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.