UNION PACIFIC CORP is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Union Pacific delivered solid Q1 2026 results with revenue up 3.2% to $6.22B and net income up 4.6% to $1.70B, while maintaining a best-in-class operating margin near 39.5% and generating $2.44B in operating cash flow.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue increased 3.2% year-over-year to $6.22B in Q1 2026 from $6.03B in Q1 2025, reflecting a combination of freight volume recovery and pricing discipline across Union Pacific's core business segments.
Operating income rose 3.7% to $2.46B, with operating margin improving slightly to 39.5% from 39.3% in the prior year period, demonstrating continued operational efficiency and cost discipline in the railroad network.
Operating cash flow surged 10.4% year-over-year to $2.44B, significantly outpacing net income growth of 4.6%, indicating high earnings quality and strong cash conversion from the core railroad operations.
Revenue
$6.22B
++3.15% YoY
EPS (Basic)
$2.87
++5.90% YoY
Operating Income
$2.46B
++3.67% YoY
Add UNP to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.