UPS Q1 revenue falls 0.7% to $21.5 billion as diluted EPS rises to $1.40
UPS reported first-quarter 2025 revenue of $21.5 billion, down 0.7% from a year earlier, while operating profit rose 3.3% to $1.7 billion and diluted EPS was $1.40 versus $1.30. Non-GAAP adjusted diluted EPS was $1.49, up 4.2%, and the company did not update its full-year 2025 outlook, saying it would provide second-quarter expectations on its earnings call.
Key points
- Revenue was $21.5 billion, down 0.7% from $21.7 billion in Q1 2024, with Supply Chain Solutions revenue down 14.8% mainly due to the divestiture of Coyote.
- Operating profit was $1.7 billion, up 3.3%; GAAP results include a net charge of $83 million, or $0.09 per diluted share.
- The company is not updating its previously issued consolidated full-year 2025 outlook, citing macro-economic uncertainty.
- UPS expects about 20,000 operational workforce reductions in 2025 and closing 73 buildings by the end of June 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.