---
schema_version: "secwatch.filing_event.v1"
accession: "0000100885-26-000249"
form_type: "8-K"
ticker: "UNP"
cik: "0000100885"
company_name: "UNION PACIFIC CORP"
filed_at: "2026-07-23T11:46:39+00:00"
generated_at: "2026-07-23T11:50:06.085965+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Union Pacific Q2 2026 EPS $3.36, revenue up 12%; raises EPS growth outlook to high-single digit

## Summary
- Net income $2.0B (+6% YoY); diluted EPS $3.36 (+7%); adjusted diluted EPS $3.41 (+13%).
- Operating revenue $6.9B (+12%); freight revenue ex-fuel surcharge +4%; operating ratio 59.7% (adjusted 59.2%).
- 2026 EPS growth outlook raised to high-single digit; reaffirms 3-year CAGR target of high-single to low-double digit through 2027.
- Workforce productivity +5% to 1,176 car miles/employee; freight car velocity +5% to 231 daily miles; terminal dwell improved 7%.
- Capital plan affirmed at $3.3B; consistent annual dividend increases; pricing dollars exceed inflation dollars.

## SEC filing metadata
- accession: 0000100885-26-000249
- form_type: 8-K
- ticker: UNP
- cik: 0000100885
- company_name: UNION PACIFIC CORP
- filed_at: 2026-07-23T11:46:39+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/100885/000010088526000249/0000100885-26-000249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100885/000010088526000249/unp-20260723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000100885-26-000249
- JSON: https://secwatch.observer/filing/0000100885-26-000249.json
- Plain text: https://secwatch.observer/filing/0000100885-26-000249.txt

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