United Parcel Service UPS
UPS, founded in 1907, is a global package delivery and logistics provider. 10-K, Item 1
- Employees
- 460,000
- Headquarters
- Atlanta, GA
- Next results
- around Jan 26, 2027
UPS among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.
What changed
3 new risk paragraphs. 10-K filed Feb 17, 2026 against Feb 18, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
11 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 11 checks found nothing to note
-
Receivables +3.1% vs revenue -2.6% (+5.8 pts)
-
Cash from operations $8.4B vs net income $5.6B (FY ending Dec 31, 2025)
-
Inventory -10.5% vs revenue -2.6% (-7.9 pts)
8 more checks with nothing to note
-
Same auditor in both 10-Ks: Deloitte & Touche LLP
-
No statement of substantial doubt about going concern
-
No 8-K item 4.02 in the last 2 years
-
No NT 10-K or NT 10-Q in the last 2 years
-
The same matters as last year: Revenue
-
No sentence in the 10-K concludes that controls were not effective because of a material weakness
-
No 8-K item 2.06 in the last 2 years
-
No 8-K item 1.03 in the last 2 years
In their words
3 paragraphs in Risk Factors that were not in the 10-K filed Feb 18, 2025. Quoted as filed.
-
Item 1A · new paragraph · not in the 10-K filed Feb 18, 2025 10-K, ITEM 1A
In addition, we are increasing our utilization of artificial intelligence ("AI") to optimize our operations, improve the customer experience and support decision-making. The rapid evolution and increased adoption of AI technologies has and may continue to intensify our cybersecurity risks. AI technologies often require access to large…
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $100.3B | $91.0B | $91.1B | $88.7B |
| Net income | $11.5B | $6.7B | $5.8B | $5.6B |
| Operating cash flow | $14.1B | $10.2B | $10.1B | $8.4B |
| Free cash flow | $9.3B | $5.1B | $6.2B | $4.8B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$88.7B ▼ 2.6% in FY2025$5.6B ▼ 3.6% in FY2025$4.8B ▼ 23.3% in FY2025
Recent filings
3 filings in the last 30 days · SEC EDGAR
-
8-KNov 5, 2026Director or officer change, Regulation FD disclosure 8-K items 5.02, 7.01
-
10-QNov 4, 2026Quarterly report (10-Q) period ended Sep 30, 2026
-
8-KOct 27, 2026Quarterly results 8-K item 2.02
About the company
United Parcel Service, Atlanta, GA · from the 10-K filed Feb 17, 2026
UPS, founded in 1907, is a global package delivery and logistics provider. We offer a broad range of industry-leading products and services through our extensive global presence, serving over 200 countries and territories. Our services include transportation and delivery through our integrated air and ground network, distribution, contract logistics, ocean freight, airfreight, customs brokerage and insurance. In 2025, we delivered an average of 20.8 million packages per day, totaling 5.2 billion packages during the year. Total revenue in 2025 was $88.7 billion.
- Headquarters
- Atlanta, GA
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 27, 2026
- Incorporated in
- DE
Employees, at the top of the page: "We have approximately 460,000 employees (excluding temporary seasonal employees), of which 370,000 are in the U" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 17, 2026 (open at SEC), compared with the 10-K filed Feb 18, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/UPS/export.csv") into a cell.