10-Q quarterly report · filed Jul 23, 2026

Union Pacific Corporation (UNP) Q2 2026 10-Q Quarterly Report

Short answer

Union Pacific Corporation (UNP) filed its Q2 2026 10-Q quarterly report on Jul 23, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $6.9B (up 11.5% year over year) with net income of $2.0B.

Q2 2026 key financials · XBRL

Revenue
$6.9B
+11.5% YoY · +10.4% QoQ
Net income
$2.0B
+6.2% YoY · +17.2% QoQ
Operating margin
40.3%
EPS (diluted)
$3.35
+6.3% YoY · +16.7% QoQ

Source: XBRL data from the Union Pacific Corporation (UNP) Q2 2026 10-Q on SEC EDGAR. USD.

Union Pacific Corporation Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Management cautions about macroeconomic and geopolitical risks amplifying uncertainty

Risk Factors

  • No material changes to risk factors since the December 31, 2025 Form 10-K
  • Pending Norfolk Southern acquisition, with share repurchases paused as of the second quarter
  • Acquisition-related risks under the July 28, 2025 merger agreement
  • Broad business, financial-condition, profitability, and stock-price exposure to disclosed uncertainties
  • Unidentified or currently immaterial risks potentially affecting operations

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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