Union Pacific Q3 FY26 earnings

Revenue $7.20B, up 15.3% on a year earlier. Freight revenues $6.81B, up 14.9%. Average Revenue per Car $2,971, up 8.4%. Diluted EPS $3.49 against $3.01.

The results

Q3 FY26Q2 FY26Q3 FY25Year over year
Revenue$7.20B$6.86B$6.24B+15.3%
Operating income$2.94B$2.76B$2.55B+15.5%
Net income$2.08B$1.99B$1.79B+16.1%
Diluted EPS$3.49$3.36$3.01
Operating cash flow$2.79B$3.08B$2.52B+10.5%
Capital expenditures-$1.02B-$873.00M-$950.00M
Free cash flow$1.76B$2.20B$1.57B+12.1%
Dividend per share$1.42$1.38$1.38

KPIs this quarter

Q3 FY26Q3 FY25Year over year
Freight revenues$6.81B$5.93B+14.9%
Average Revenue per Car$2,971$2,740+8.4%

Sources

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Stock Atlas, “Union Pacific (UNP) Q3 FY26 earnings: results and KPIs”, stockatlas.com/companies/UNP/earnings/2026-q3/, data as of 3 November 2026. Links to this page are welcome.