UNITED PARCEL SERVICE INC
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
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Other Income (Expense)
The following table sets forth investment income and other and interest expense for the three and nine months ended September 30, 2026 and 2025, respectively (in millions):
| Three Months Ended September 30, · Change · Nine Months Ended September 30, · Change | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2026 | 2025 | $ | % | 2026 | 2025 | $ | % | |
| Investment Income and Other | $116 | $94 | $22 | 23.4% | $342 | $251 | $91 | 36.3% |
| Goodwill and Asset Impairment Charges | — | — | — | N/A | — | 19 | (19) | (100.0)% |
| Non-GAAP Adjusted Investment Income and Other | 116 | 94 | 22 | 23.4% | 342 | 270 | 72 | 26.7% |
| Interest Expense | (289) | (291) | 2 | (0.7)% | (827) | (751) | (76) | 10.1% |
| Total Other Income (Expense) | $(173) | $(197) | $24 | (12.2)% | $(485) | $(500) | $15 | (3.0)% |
| Non-GAAP Adjusted Total Other Income (Expense) | $(173) | $(197) | $24 | (12.2)% | $(485) | $(481) | $(4) | 0.8% |
Investment Income and Other
Investment income and other increased $22 million for the quarter (up $91 million year to date), primarily driven by an increase in pension income due to higher expected returns on pension assets, partially offset by higher interest cost related to overall plan growth and changes in demographic assumptions.
For the 2025 year-to-date period, investment income and other included a $19 million asset impairment charge related to an equity method investment. Excluding the impact of this charge, non-GAAP adjusted investment income and other increased by $72 million.
Interest Expense
Interest expense decreased $2 million for the quarter, primarily reflecting the timing of debt issuances, and increased $76 million year to date, primarily due to higher average outstanding debt balances and higher interest cost on finance leases.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.