Union Pacific Operating Income Growth & History (UNP)
Union Pacific's operating income was $9.85B for fiscal 2025.
View full Union Pacific company overviewUnion Pacific annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.85B | $133.0M | +1.37% |
| 2024 | 2024-12-31 | $9.71B | $631.0M | +6.95% |
| 2023 | 2023-12-31 | $9.08B | −$835.0M | −8.42% |
| 2022 | 2022-12-31 | $9.92B | $579.0M | +6.20% |
| 2021 | 2021-12-31 | $9.34B | $1.50B | +19.20% |
| 2020 | 2020-12-31 | $7.83B | −$720.0M | −8.42% |
| 2019 | 2019-12-31 | $8.55B | $37.0M | +0.43% |
| 2018 | 2018-12-31 | $8.52B | $411.0M | +5.07% |
| 2017 | 2017-12-31 | $8.11B | $863.0M | +11.91% |
| 2016 | 2016-12-31 | $7.24B | −$809.0M | −10.05% |
| 2015 | 2015-12-31 | $8.05B | −$701.0M | −8.01% |
| 2014 | 2014-12-31 | $8.75B | $1.31B | +17.55% |
| 2013 | 2013-12-31 | $7.45B | $701.0M | +10.39% |
| 2012 | 2012-12-31 | $6.75B | $1.02B | +17.84% |
| 2011 | 2011-12-31 | $5.72B | $743.0M | +14.92% |
| 2010 | 2010-12-31 | $4.98B | $1.60B | +47.41% |
| 2009 | 2009-12-31 | $3.38B | −$691.0M | −16.98% |
| 2008 | 2008-12-31 | $4.07B | $695.0M | +20.59% |
| 2007 | 2007-12-31 | $3.38B | — | — |
Union Pacific quarterly operating income
| Fiscal quarter | Period ended | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.76B | $238.0M | +9.43% |
| Q1 2026 | 2026-03-31 | $2.46B | $87.0M | +3.67% |
| Q4 2025 | 2025-12-31 | $2.40B | −$124.0M | −4.91% |
| Q3 2025 | 2025-09-30 | $2.55B | $133.0M | +5.50% |
| Q2 2025 | 2025-06-30 | $2.52B | $125.0M | +5.21% |
| Q1 2025 | 2025-03-31 | $2.37B | −$1.0M | −0.04% |
| Q4 2024 | 2024-12-31 | $2.52B | $118.0M | +4.90% |
| Q3 2024 | 2024-09-30 | $2.42B | $239.0M | +10.98% |
| Q2 2024 | 2024-06-30 | $2.40B | $196.0M | +8.89% |
| Q1 2024 | 2024-03-31 | $2.37B | $78.0M | +3.40% |
| Q4 2023 | 2023-12-31 | $2.41B | −$5.0M | −0.21% |
| Q3 2023 | 2023-09-30 | $2.18B | −$456.0M | −17.32% |
| Q2 2023 | 2023-06-30 | $2.20B | −$291.0M | −11.66% |
| Q1 2023 | 2023-03-31 | $2.29B | −$83.0M | −3.49% |
| Q4 2022 | 2022-12-31 | $2.41B | −$28.0M | −1.15% |
| Q3 2022 | 2022-09-30 | $2.63B | $201.0M | +8.26% |
| Q2 2022 | 2022-06-30 | $2.50B | $22.0M | +0.89% |
| Q1 2022 | 2022-03-31 | $2.38B | $384.0M | +19.27% |
| Q4 2021 | 2021-12-31 | $2.44B | $434.0M | +21.64% |
| Q3 2021 | 2021-09-30 | $2.43B | $401.0M | +19.74% |
| Q2 2021 | 2021-06-30 | $2.47B | $819.0M | +49.52% |
| Q1 2021 | 2021-03-31 | $1.99B | −$150.0M | −7.00% |
| Q4 2020 | 2020-12-31 | $2.01B | −$94.0M | −4.48% |
| Q3 2020 | 2020-09-30 | $2.03B | −$203.0M | −9.09% |
| Q2 2020 | 2020-06-30 | $1.65B | −$606.0M | −26.81% |
| Q1 2020 | 2020-03-31 | $2.14B | $183.0M | +9.34% |
| Q4 2019 | 2019-12-31 | $2.10B | −$110.0M | −4.98% |
| Q3 2019 | 2019-09-30 | $2.23B | −$35.0M | −1.54% |
| Q2 2019 | 2019-06-30 | $2.26B | $161.0M | +7.67% |
| Q1 2019 | 2019-03-31 | $1.96B | $21.0M | +1.08% |
| Q4 2018 | 2018-12-31 | $2.21B | −$37.0M | −1.65% |
| Q3 2018 | 2018-09-30 | $2.27B | $196.0M | +9.45% |
| Q2 2018 | 2018-06-30 | $2.10B | $101.0M | +5.06% |
| Q1 2018 | 2018-03-31 | $1.94B | $151.0M | +8.45% |
| Q4 2017 | 2017-12-31 | $2.25B | $282.0M | +14.35% |
| Q3 2017 | 2017-09-30 | $2.07B | $113.0M | +5.77% |
| Q2 2017 | 2017-06-30 | $2.00B | $338.0M | +20.36% |
| Q1 2017 | 2017-03-31 | $1.79B | $101.0M | +5.99% |
| Q4 2016 | 2016-12-31 | $1.97B | $47.0M | +2.45% |
| Q3 2016 | 2016-09-30 | $1.96B | −$248.0M | −11.23% |
| Q2 2016 | 2016-06-30 | $1.66B | −$289.0M | −14.83% |
| Q1 2016 | 2016-03-31 | $1.69B | −$290.0M | −14.67% |
| Q4 2015 | 2015-12-31 | $1.92B | −$455.0M | −19.17% |
| Q3 2015 | 2015-09-30 | $2.21B | −$122.0M | −5.24% |
| Q2 2015 | 2015-06-30 | $1.95B | −$247.0M | −11.25% |
| Q1 2015 | 2015-03-31 | $1.98B | $123.0M | +6.63% |
| Q4 2014 | 2014-12-31 | $2.37B | $400.0M | +20.27% |
| Q3 2014 | 2014-09-30 | $2.33B | $368.0M | +18.76% |
| Q2 2014 | 2014-06-30 | $2.20B | $318.0M | +16.93% |
| Q1 2014 | 2014-03-31 | $1.85B | $221.0M | +13.53% |
| Q4 2013 | 2013-12-31 | $1.97B | $248.0M | +14.38% |
| Q3 2013 | 2013-09-30 | $1.96B | $176.0M | +9.85% |
| Q2 2013 | 2013-06-30 | $1.88B | $154.0M | +8.93% |
| Q1 2013 | 2013-03-31 | $1.63B | $123.0M | +8.15% |
| Q4 2012 | 2012-12-31 | $1.73B | $108.0M | +6.68% |
| Q3 2012 | 2012-09-30 | $1.79B | $208.0M | +13.18% |
| Q2 2012 | 2012-06-30 | $1.72B | $332.0M | +23.85% |
| Q1 2012 | 2012-03-31 | $1.51B | $373.0M | +32.81% |
| Q4 2011 | 2011-12-31 | $1.62B | $304.0M | +23.15% |
| Q3 2011 | 2011-09-30 | $1.58B | $177.0M | +12.63% |
| Q2 2011 | 2011-06-30 | $1.39B | $113.0M | +8.84% |
| Q1 2011 | 2011-03-31 | $1.14B | $149.0M | +15.08% |
| Q4 2010 | 2010-12-31 | $1.31B | $314.0M | +31.43% |
| Q3 2010 | 2010-09-30 | $1.40B | $440.0M | +45.79% |
| Q2 2010 | 2010-06-30 | $1.28B | $531.0M | +70.99% |
| Q1 2010 | 2010-03-31 | $988.0M | $317.0M | +47.24% |
| Q4 2009 | 2009-12-31 | $999.0M | — | — |
| Q3 2009 | 2009-09-30 | $961.0M | −$254.0M | −20.91% |
| Q2 2009 | 2009-06-30 | $748.0M | −$183.0M | −19.66% |
| Q1 2009 | 2009-03-31 | $671.0M | — | — |
| Q3 2008 | 2008-09-30 | $1.22B | — | — |
| Q2 2008 | 2008-06-30 | $931.0M | — | — |
Union Pacific operating income trends
Over the last five fiscal years, Union Pacific's operating income increased from $7.83B to $9.85B, a change of $2.01B. The latest reported quarter, Q2 2026, shows $2.76B.
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Union Pacific source filings ↗Community posts
Union Pacific grows earnings as freight volumes rise
Union Pacific ($UNP) reported third-quarter 2026 net income of $2.1 billion, up 16%, with GAAP earnings of $3.49 per share. Adjusted earnings increased 15% to $3.53. Revenue rose 15% to $7.2 billion as carloads increased 6%, supported by co ...