United Parcel Service Q4 FY25: where the revenue came from and where it went
The income statement of United Parcel Service for this quarter, down to the operating result, as one diagram: what earned the revenue and what it went on. The bottom line is withheld; the note under the table says why.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 17, 2026
Revenue$24.48B
−3% year over year
Operating profit$2.37B
10% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 24.48 | 100% | −3% |
| Operating expenses | −22.11 | 90% | |
| Compensation | −13.03 | 53% | +2pp |
| Interest | −0.27 | 1% | +0pp |
| Underwriting | −2.51 | 10% | +1pp |
| Other | −6.30 | 26% | +0pp |
| Operating profit | 2.37 | 10% margin | +1pp |
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