Transportation earnings: latest results compared
The latest quarter from Union Pacific, UPS, FedEx, Delta Air Lines and United Airlines, side by side. Revenue is as reported; growth and operating margin are calculated from XBRL filings once the 10-Q or 10-K is in.
| Latest quarter | Revenue | Growth vs year ago | Operating margin | Reported |
|---|---|---|---|---|
 Union Pacific Q3 2026 | $7.2B | +15.3% | 40.9% | 22 Oct 2026 |
 UPS Q3 2026 | $22.9B | +6.7% | 7.6% | 27 Oct 2026 |
 FedEx Q3 2026 | $22.9B | +3.1% | 4.7% | 28 Oct 2026 |
 Delta Air Lines Q3 2026 | $20.2B | +21.1% | 7.2% | 9 Oct 2026 |
 United Airlines Q3 2026 | $17.9B | +17.4% | 8.1% | 20 Oct 2026 |
What each company reported
- 28 Oct 2026FedEx Q3 2026 · FedEx reported third-quarter revenue of $22.9 billion, diluted EPS of $1.21 and adjusted diluted EPS of $3.74, and raised its calendar 2026 earnings outlook.Summary · Slides
- 27 Oct 2026UPS Q3 2026 · UPS reported third-quarter 2026 consolidated revenue of $22.9 billion, up 6.7%, with diluted EPS of $1.37 and non-GAAP adjusted diluted EPS of $1.69.Transcript · Slides
- 22 Oct 2026Union Pacific Q3 2026 · Union Pacific reported third quarter 2026 net income of $2.1 billion, up 16%, diluted EPS of $3.49, up 16%, and an operating ratio of 59.1%.Transcript
- 20 Oct 2026United Airlines Q3 2026 · United reported Q3 total operating revenue of $17.9 billion, up 17.4% year over year, with diluted earnings per share of $3.14 and adjusted diluted earnings…Summary
- 9 Oct 2026Delta Air Lines Q3 2026 · Delta reported September quarter 2026 GAAP operating revenue of $20.2 billion and earnings per share of $1.15, with non-GAAP earnings per share of $1.72 and…Summary
Every quarter and KPI history
Union Pacific (UNP)UPS (UPS)FedEx (FDX)Delta Air Lines (DAL)United Airlines (UAL)