Free · no account · quoted from the filing

What changed in UPS's 10-Q

Source: 10-Q filed 2026-05-06 · compared against 10-Q 2025-11-05. Every passage below is quoted verbatim from the filing itself.

Financial Performance

This filing

Operating Profit (in millions) $ 1,267 $ 1,666 $ (399) (23.9) %

Ground Saver / Last Mile

This filing

outsourcing of last-mile delivery of a portion of our Ground Saver product to the United States Postal Service

Accounts Receivable Factoring

This filing

Total accounts which may be outstanding under the program are $ 860 million.

Risk Factors

This filing

geopolitical uncertainty, tensions and/or conflicts in or arising from various countries and regions, including the European Union, Ukraine, the Russian Federation, the Middle East and the Trans-Pacific region

Recent Accounting Pronouncements

This filing

In December 2025, the FASB issued an ASU on accounting for government grants.

Transformation Costs

This filing

Network Reconfiguration and Efficiency Reimagined 55 23

Tariffs / Supreme Court Ruling

This filing

the U.S. Supreme Court issued a ruling invalidating certain tariffs previously imposed under the International Emergency Economic Powers Act.

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.