Key Takeaways UPS posted a 10% adjusted operating margin in Q3 2025, up from 8.9% a year ago despite a 3.7% revenue decline.Margin gains were fueled by cost management and a 9.8% increase in domestic revenue per piece.UPS cut Amazon-related expenses by $2.2B in Q3, aiming for$3.5B in savings by year-end 2025.United Parcel Service (UPS) is widely recognized to be facing a period of revenue weakness. This softness is largely caused by subdued demand resulting from tariff-related uncertainty, elevated inflati ...