CLAIM #60481 · United Parcel Service Inc (UPS) · 2025Q3 earnings call · Oct 28, 2025 · due Dec 31, 2026
“And look, we're continuing to focus on growing in the parts of the market that will help us continue to drive revenue per piece growth as well as higher margins as we go into the back half of '26 and complete the Amazon glide down.”
Brian Dykes · CFO
How to check this claim
Look at: Revenue per piece growth (year-over-year %) as reported by UPS, for the back half of fiscal 2026 (Q3 and Q4)
It came true if: Revenue per piece growth > 0% year-over-year in back half of FY2026
Where: UPS quarterly earnings release / 10-Q disclosures on revenue per piece by segment
In context
“keeping in mind. Remember, we're 3 quarters into a 6-quarter drawdown. So as we lap the year, we kind of come through the first 3 quarters of this year, we will see a sequential increase in Amazon volume as we go into peak because everybody peaks. And then we'll continue to draw down as we go through the first half of next year and the cost takeout will continue as we go through that. The second is, as Carol mentioned, we're taking strategic actions around Ground Saver that will start to take hold next year, and we'll see economic benefit in the back half of next year for that as well. We do anticipate closing Andlauer in November of this year, and we'll update you on the financials as we wrap that into next year, but that's an exciting acquisition to accelerate our health care strategy. And look, we're continuing to focus on growing in the parts of the market that will help us continue to drive revenue per piece growth as well as higher margins as we go into the back half of '26 and complete the Amazon glide down. Operator: Our next question comes from the line of David Vernon from Bernstein. David Vernon: So Brian, can you talk a little bit about the exit rate on cost per piece coming out of the third quarter? It seems like this was kind of an inflection quarter where with the buyout and everything else, you probably came out a little bit better than you started and whether we should expect that to accelerate into 4Q? And then it sounds like you guys are saying you found a way to work with the USPS on Final Mile for some of the residential lower rate e-commerce type of stuff. Can you kind of be more specific in terms of what that looks like and how that changes cost per piece? Brian Dykes: Sure. Well, first, let me talk about exit rate on Q3 cost per piece, and I'll let Carol comment on the USPS.”
Verify independently
SEC filings for UPS ↗ · Claim quote is verbatim from the 2025Q3 earnings call.