United Parcel Service annual operating expenses
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United Parcel Service Operating Expenses Growth & History (UPS)
United Parcel Service's operating expenses was $80.79B for fiscal 2025.
View full United Parcel Service company overviewUnited Parcel Service annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $80.79B | −$1.81B | −2.19% |
| 2024 | 2024-12-31 | $82.60B | $785.0M | +0.96% |
| 2023 | 2023-12-31 | $81.82B | −$5.43B | −6.22% |
| 2022 | 2022-12-31 | $87.24B | $2.77B | +3.28% |
| 2021 | 2021-12-31 | $84.48B | $7.53B | +9.79% |
| 2020 | 2020-12-31 | $76.94B | $10.65B | +16.06% |
| 2019 | 2019-12-31 | $66.30B | $1.46B | +2.25% |
| 2018 | 2018-12-31 | $64.84B | $5.78B | +9.79% |
| 2017 | 2017-12-31 | $59.06B | $5.13B | +9.52% |
| 2016 | 2016-12-31 | $53.92B | $3.23B | +6.37% |
| 2015 | 2015-12-31 | $50.70B | −$2.57B | −4.82% |
| 2014 | 2014-12-31 | $53.26B | $4.86B | +10.04% |
| 2013 | 2013-12-31 | $48.40B | −$4.38B | −8.30% |
| 2012 | 2012-12-31 | $52.78B | $5.76B | +12.25% |
| 2011 | 2011-12-31 | $47.02B | $3.12B | +7.11% |
| 2010 | 2010-12-31 | $43.90B | $2.12B | +5.06% |
| 2009 | 2009-12-31 | $41.79B | −$4.32B | −9.36% |
| 2008 | 2008-12-31 | $46.10B | −$3.01B | −6.13% |
| 2007 | 2007-12-31 | $49.11B | — | — |
United Parcel Service quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $21.90B | $2.50B | +12.91% |
| Q1 2026 | 2026-03-31 | $19.93B | $55.0M | +0.28% |
| Q4 2025 | 2025-12-31 | $21.90B | −$471.0M | −2.11% |
| Q3 2025 | 2025-09-30 | $19.61B | −$649.0M | −3.20% |
| Q2 2025 | 2025-06-30 | $19.40B | −$475.0M | −2.39% |
| Q1 2025 | 2025-03-31 | $19.88B | −$213.0M | −1.06% |
| Q4 2024 | 2024-12-31 | $22.38B | −$65.0M | −0.29% |
| Q3 2024 | 2024-09-30 | $20.26B | $542.0M | +2.75% |
| Q2 2024 | 2024-06-30 | $19.87B | $599.0M | +3.11% |
| Q1 2024 | 2024-03-31 | $20.09B | −$291.0M | −1.43% |
| Q4 2023 | 2023-12-31 | $22.44B | −$1.40B | −5.86% |
| Q3 2023 | 2023-09-30 | $19.72B | −$1.33B | −6.32% |
| Q2 2023 | 2023-06-30 | $19.27B | −$1.96B | −9.21% |
| Q1 2023 | 2023-03-31 | $20.38B | −$743.0M | −3.52% |
| Q4 2022 | 2022-12-31 | $23.84B | −$42.0M | −0.18% |
| Q3 2022 | 2022-09-30 | $21.05B | $760.0M | +3.75% |
| Q2 2022 | 2022-06-30 | $21.23B | $1.06B | +5.28% |
| Q1 2022 | 2022-03-31 | $21.13B | $984.0M | +4.89% |
| Q4 2021 | 2021-12-31 | $23.88B | $1.02B | +4.47% |
| Q3 2021 | 2021-09-30 | $20.29B | $1.41B | +7.49% |
| Q2 2021 | 2021-06-30 | $20.17B | $1.92B | +10.52% |
| Q1 2021 | 2021-03-31 | $20.14B | $3.18B | +18.75% |
| Q4 2020 | 2020-12-31 | $22.86B | $4.42B | +24.00% |
| Q3 2020 | 2020-09-30 | $18.88B | $2.69B | +16.58% |
| Q2 2020 | 2020-06-30 | $18.25B | $2.34B | +14.72% |
| Q1 2020 | 2020-03-31 | $16.96B | $1.20B | +7.59% |
| Q4 2019 | 2019-12-31 | $18.43B | $591.0M | +3.31% |
| Q3 2019 | 2019-09-30 | $16.19B | $473.0M | +3.01% |
| Q2 2019 | 2019-06-30 | $15.90B | $222.0M | +1.42% |
| Q1 2019 | 2019-03-31 | $15.77B | $173.0M | +1.11% |
| Q4 2018 | 2018-12-31 | $17.84B | $932.0M | +5.51% |
| Q3 2018 | 2018-09-30 | $15.72B | $1.36B | +9.44% |
| Q2 2018 | 2018-06-30 | $15.68B | $1.79B | +12.91% |
| Q1 2018 | 2018-03-31 | $15.59B | $1.70B | +12.24% |
| Q4 2017 | 2017-12-31 | $16.91B | $1.07B | +6.75% |
| Q3 2017 | 2017-09-30 | $14.36B | $1.47B | +11.38% |
| Q2 2017 | 2017-06-30 | $13.89B | $1.30B | +10.32% |
| Q1 2017 | 2017-03-31 | $13.89B | $1.30B | +10.31% |
| Q4 2016 | 2016-12-31 | $15.84B | $1.84B | +13.13% |
| Q3 2016 | 2016-09-30 | $12.89B | $641.0M | +5.23% |
| Q2 2016 | 2016-06-30 | $12.59B | $456.0M | +3.76% |
| Q1 2016 | 2016-03-31 | $12.60B | $291.0M | +2.37% |
| Q4 2015 | 2015-12-31 | $14.00B | −$1.14B | −7.52% |
| Q3 2015 | 2015-09-30 | $12.25B | −$83.0M | −0.67% |
| Q2 2015 | 2015-06-30 | $12.13B | −$1.39B | −10.25% |
| Q1 2015 | 2015-03-31 | $12.30B | $38.0M | +0.31% |
| Q4 2014 | 2014-12-31 | $15.14B | $2.07B | +15.86% |
| Q3 2014 | 2014-09-30 | $12.34B | $619.0M | +5.28% |
| Q2 2014 | 2014-06-30 | $13.52B | $1.76B | +14.93% |
| Q1 2014 | 2014-03-31 | $12.27B | $412.0M | +3.48% |
| Q4 2013 | 2013-12-31 | $13.07B | −$4.29B | −24.69% |
| Q3 2013 | 2013-09-30 | $11.72B | −$588.0M | −4.78% |
| Q2 2013 | 2013-06-30 | $11.77B | $206.0M | +1.78% |
| Q1 2013 | 2013-03-31 | $11.85B | $287.0M | +2.48% |
| Q4 2012 | 2012-12-31 | $17.35B | $4.38B | +33.80% |
| Q3 2012 | 2012-09-30 | $12.30B | $805.0M | +7.00% |
| Q2 2012 | 2012-06-30 | $11.56B | $113.0M | +0.99% |
| Q1 2012 | 2012-03-31 | $11.57B | $457.0M | +4.11% |
| Q4 2011 | 2011-12-31 | $12.97B | $1.13B | +9.54% |
| Q3 2011 | 2011-09-30 | $11.50B | $924.0M | +8.74% |
| Q2 2011 | 2011-06-30 | $11.45B | $644.0M | +5.96% |
| Q1 2011 | 2011-03-31 | $11.11B | $424.0M | +3.97% |
| Q4 2010 | 2010-12-31 | $11.84B | $429.0M | +3.76% |
| Q3 2010 | 2010-09-30 | $10.58B | $352.0M | +3.44% |
| Q2 2010 | 2010-06-30 | $10.80B | $868.0M | +8.74% |
| Q1 2010 | 2010-03-31 | $10.69B | $466.0M | +4.56% |
| Q4 2009 | 2009-12-31 | $11.41B | — | — |
| Q3 2009 | 2009-09-30 | $10.22B | −$1.26B | −10.95% |
| Q2 2009 | 2009-06-30 | $9.93B | −$1.61B | −13.97% |
| Q1 2009 | 2009-03-31 | $10.22B | — | — |
| Q3 2008 | 2008-09-30 | $11.48B | — | — |
| Q2 2008 | 2008-06-30 | $11.55B | — | — |
United Parcel Service operating expenses trends
Over the last five fiscal years, United Parcel Service's operating expenses increased from $76.94B to $80.79B, a change of $3.85B. The latest reported quarter, Q2 2026, shows $21.90B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Parcel Service source filings ↗