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U.S. COMPANY FILING

UNION PACIFIC CORP — Form 10-Q filed 2026-04-23

Filed: 2026-04-23Company: UNION PACIFIC CORPTicker: UNPExchange: NYSEForm: 10-QReport period: 2026-03-31SEC accession: 0000100885-26-000155Event: earningsMateriality: 85

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Union Pacific reported Q1 2026 revenue of $6.217B, up 3% YoY, and net income of $1.701B, with diluted EPS of $2.87, up 6%. Operating ratio improved to 60.5%. Freight revenue rose 4% despite a 1% volume decline, with international intermodal down 28%. Share repurchases paused due to pending Norfolk Southern acquisition, expected to close in 2027.

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