FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

UPS
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 86% to $166.0M, and covered net income 0.27×.

CASH FROM OPS -61.4%
859 3.8% MGN
CAPITAL EXPENDITURE -32.8%
693
FREE CASH FLOW -86.1%
166
FCF / NET INCOME -80.1%
0.27× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
1,539 1,721 1,187 1,283 1,311 1,791 864 604 -30.1% -52.9% 4,570 2024-09-30 · $1.5B2024-12-31 · $1.7B2025-03-31 · $1.2B2025-06-30 · $1.3B2025-09-30 · $1.3B2025-12-31 · $1.8B2026-03-31 · $864.0M2026-06-30 · $604.0M
Depreciation & amortization
10-Q
905 919 743 936 926 972 791 980 +23.9% +4.7% 3,669
Stock-based comp
10-Q
-24 45 21 -5 25 32 24 34 +41.7% — 115
Cash from operations
1,498 3,315 2,318 348 2,482 3,302 2,224 859 -61.4% +146.8% 8,867 2024-09-30 · $1.5B2024-12-31 · $3.3B2025-03-31 · $2.3B2025-06-30 · $348.0M2025-09-30 · $2.5B2025-12-31 · $3.3B2026-03-31 · $2.2B2026-06-30 · $859.0M
Cash conversion
0.97× 1.93× 1.95× 0.27× 1.89× 1.84× 2.57× 1.42× -44.7% +424.3% 1.94×
Capital expenditures
(843) (1,098) (876) (1,123) (970) (716) (1,031) (693) -32.8% -38.3% (3,410)
Free cash flow
655 2,217 1,442 -775 1,512 2,586 1,193 166 -86.1% — 5,457 2024-09-30 · $655.0M2024-12-31 · $2.2B2025-03-31 · $1.4B2025-06-30 · -$775.0M2025-09-30 · $1.5B2025-12-31 · $2.6B2026-03-31 · $1.2B2026-06-30 · $166.0M
FCF margin
2.9% 8.8% 6.7% -3.7% 7.1% 10.6% 5.6% 0.7% -87.1% — 6.1%
Cash from investing
187 -1,057 -1,355 -923 -456 -2,001 -944 -566 — — -3,967
Dividends paid
1,348 1,350 1,348 1,349 1,348 1,353 1,352 1,356 +0.3% +0.5% 5,409
Share repurchases
500 0 1,000 1,000 0 0 0 0 — PAUSED 0
Debt repayment
436 543 32 1,030 83 924 46 39 -15.2% -96.2% 1,092
Cash from financing
-2,236 -1,847 -2,313 1,794 -1,428 -2,194 -1,328 -1,429 — — -6,379
Net change in cash
-464 257 -1,310 1,392 570 -877 -85 -1,149 — — -1,541
Ending cash balance
5,855 6,112 4,802 6,194 6,764 5,887 5,802 4,653 -19.8% -24.9% 4,653

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM1,193 CASH FROM OPERATIONS-1,365 CAPITAL EXPENDITURES+338 TO166
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-05 ↗