---
schema_version: "secwatch.filing_event.v1"
accession: "0000100885-26-000032"
form_type: "8-K"
ticker: "UNP"
cik: "0000100885"
company_name: "UNION PACIFIC CORP"
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:21:12.371780+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Union Pacific Q4 reported EPS $3.11; full year net income up 6%; 2026 EPS growth mid-single digit

## Summary
- Q4 reported net income $1.8B, EPS $3.11; adjusted EPS $2.86 vs $2.96 YoY. Revenue $6.1B down 1%.
- Full year net income $7.1B (+6%), EPS $11.98 (+8%); adjusted EPS $11.66 vs $11.11. Revenue $24.5B (+1%).
- Record full year operating metrics: freight car velocity +8%, terminal dwell -8%, train length +3%, workforce productivity +7%.
- 2026 outlook: muted economy; pricing dollars > inflation; mid-single digit EPS growth; capital plan $3.3B; dividend increases.
- Q4 results include $234M land sale gain (+$0.30 EPS) and $30M merger costs (-$0.05 EPS).

## SEC filing metadata
- accession: 0000100885-26-000032
- form_type: 8-K
- ticker: UNP
- cik: 0000100885
- company_name: UNION PACIFIC CORP
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/100885/000010088526000032/0000100885-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100885/000010088526000032/unp-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000100885-26-000032
- JSON: https://secwatch.observer/filing/0000100885-26-000032.json
- Plain text: https://secwatch.observer/filing/0000100885-26-000032.txt

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