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.
| Q3 FY26 | Q2 FY26 | Q3 FY25 | Year 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 |
| Q3 FY26 | Q3 FY25 | Year over year | |
|---|---|---|---|
| Freight revenues | $6.81B | $5.93B | +14.9% |
| Average Revenue per Car | $2,971 | $2,740 | +8.4% |
The week's biggest guidance misses, KPI surprises and one chart.
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.