---
schema_version: "secwatch.filing_event.v1"
accession: "0000100885-25-000250"
form_type: "8-K"
ticker: "UNP"
cik: "0000100885"
company_name: "UNION PACIFIC CORP"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T01:51:09.110879+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Union Pacific Q2 EPS $3.15 vs $2.74 YoY; revenue $6.2B up 2%

## Summary
- Diluted EPS of $3.15 (GAAP); adjusted EPS $3.03; net income $1.9B vs $1.7B YoY.
- Operating ratio improved 100 bps to 59.0%; adjusted OR 58.1% (230 bps improvement).
- Revenue $6.2B (+2%); freight revenue ex-fuel surcharge up 6%; carloads up 4%.
- Freight car velocity +10%, locomotive productivity +5%, workforce productivity +9%.
- Record freight revenue and operating income for any second quarter.

## SEC filing metadata
- accession: 0000100885-25-000250
- form_type: 8-K
- ticker: UNP
- cik: 0000100885
- company_name: UNION PACIFIC CORP
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100885/000010088525000250/0000100885-25-000250-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100885/000010088525000250/unp-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000100885-25-000250
- JSON: https://secwatch.observer/filing/0000100885-25-000250.json
- Plain text: https://secwatch.observer/filing/0000100885-25-000250.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.