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Form 8-K · Current Report · Filed 2026-04-23

Union Pacific Reports Strong Q1 2026 Financial Results

Union Pacific Corporation reported a net income of $1.7 billion for the first quarter of 2026, with diluted earnings per share (EPS) of $2.87.

Filer
Union Pacific Corporation UNP · NYSE
Filed
Accession
0000100885-26-000154
CIK
0000100885
Signal
Medium impactIndustrials

Details

Adjusted net income was $1.7 billion, or $2.93 per diluted share. The company saw a 4% increase in freight revenue and improvements in various operational metrics. The CEO highlighted the company's safety, service, and operating momentum, and the company affirmed its 2026 outlook with expectations for mid-single digit reported EPS growth and continued operating ratio improvement.

Items reported

Item events

Reported Item

Earnings Beat General Statement

Market reaction

Close before filing

$249.40

Next session

+7.7%

Since filing

+17.1%

Latest close

$292.13

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from UNP reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, UNP insiders reported 8 Form 4 transactions — net selling of $773K.

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About Union Pacific Corporation

Union Pacific Corporation is a prominent transportation company renowned for its extensive network of railroads across the United States. As one of the largest freight transportation services in North America, it operates a significant portion of the American rail infrastructure, serving approximately 23 states across the western two-thirds of the United States. Union Pacific Corporation's primary function is to transport freight, which includes a diverse array of commodities such as agricultural products, automotive items, industrial chemicals, coal, and a wide range of consumer goods. This railroad operator plays a crucial role in the supply chain, providing essential links between producers and markets, thereby facilitating economic growth and development. The company’s operations are integral to the industries it serves, providing a reliable mode of bulk transportation and contributing to the efficiency and competitiveness of U.S. businesses. With a history dating back to 1862, Union Pacific Corporation is a fundamental pillar in the American transportation sector, representing a robust and enduring legacy in the railroad industry.

Exchange NYSE Industry Railroads Company website ↗

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