Union Pacific reported third quarter 2026 net income of $2.1 billion, up 16%, and diluted EPS of $3.49, up from $3.01 a year earlier. Operating revenue reached $7.2 billion, up 15%, with 6% volume growth, while higher fuel prices added 140 basis points to the operating ratio. The company affirmed its 2026 EPS growth outlook of high-single digits and said it is on track with its Investor Day targets.
Diluted EPS of $3.49 vs. $3.01 in Q3 2025, up 16%; adjusted diluted EPS of $3.53, up 15%
Operating revenue of $7.2 billion, up 15%; revenue carloads up 6%
Reported operating ratio of 59.1%, improved 10 basis points; higher fuel prices unfavorably affected the ratio by 140 basis points
2026 outlook: reported EPS growth of high-single digits affirmed; capital plan updated to $3.5 billion
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Union Pacific Corporation's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$24.51B
+1.1%
$11.98
+8.0%
29.1%
FY2024
$24.25B
+0.5%
$11.09
+6.1%
27.8%
FY2023
$24.12B
-3.0%
$10.45
-6.8%
26.4%
FY2022
$24.88B
+14.1%
$11.21
+12.7%
28.1%
FY2021
$21.80B
+11.6%
$9.95
+26.3%
29.9%
Frequently asked questions
When is Union Pacific's next earnings date?
Union Pacific has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Union Pacific earn last quarter?
For the quarter ended Sep 2026, Union Pacific reported diluted EPS of $3.49 (+15.9% year over year) on revenue of $7.20B (+15.3%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.