Recent Press Releases & News
UNP earnings at a glance
The options market is pricing a move of about ±5.0% after the report, a range of roughly $283.30 to $312.88 from today's $298.09. Over its last 6 reports the stock rose the next day 3 times and fell 3, moving ±3.7% on average; after the most recent report on Jul 23, 2026 it moved +4.0%. That means options currently expect more movement than UNP has typically delivered. UNP beat the consensus EPS estimate in 4 of its last 6 reported quarters. Implied volatility is currently 31%. The share price of $298.09 sits near its 52-week high.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Thu Jul 23, 2026 | Jun/2026 | $3.41 | $3.20 | +6.6% | +5.6% | +4.0% | earnings |
| Thu Apr 23, 2026 | 8K 2026-04-23 | $2.93 | $2.85 | +2.8% | — | +8.8% | earnings |
| Tue Jan 27, 2026 | 8K 2026-01-27 | $2.86 | $2.90 | -1.4% | — | +0.7% | earnings |
| Thu Oct 23, 2025 | Sep/2025 | $3.08 | $2.99 | +3.0% | — | -2.3% | earnings |
| Thu Jul 24, 2025 | Jun/2025 | $3.03 | $2.89 | +4.8% | — | -4.5% | earnings |
| Thu Apr 24, 2025 | Mar/2025 | $2.70 | $2.73 | -1.1% | — | -2.0% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $2.75 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $2.74 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $2.69 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $2.51 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $2.57 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $2.67 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.86B | $6.22B | — | $6.24B | $6.15B | $6.03B | — | $6.09B |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $2.76B | $2.46B | — | $2.55B | $2.52B | $2.37B | — | $2.42B |
| Net income | $1.99B | $1.70B | — | $1.79B | $1.88B | $1.63B | — | $1.67B |
| EPS (diluted) | $3.36 | $2.87 | — | $3.01 | $3.15 | $2.70 | — | $2.75 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.61B | $735M | $1.27B | $808M | $1.06B | $1.41B | $1.02B | $947M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | $5.53B | $4.21B | $4.55B | $3.90B | $4.18B | $4.54B | $4.02B | $4.15B |
| Total assets | $71.21B | $69.64B | $69.70B | $68.65B | $68.58B | $68.49B | $67.72B | $67.57B |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $50.54B | $50.23B | $51.23B | $51.34B | $52.32B | $52.45B | $50.83B | $50.99B |
| Total equity | $20.67B | $19.42B | $18.47B | $17.30B | $16.26B | $16.04B | $16.89B | $16.58B |
Implied volatility — last 90 days
Sector peers
UNP earnings FAQ
What is UNP's expected move for earnings?
Options currently price a move of about ±5.0%, or $14.79 per share either way from $298.09.
How does UNP stock usually react to earnings?
Across the last 6 reports the average next-day move was ±3.7%, up 3 times and down 3 times.
What is UNP's implied volatility?
UNP's at-the-money implied volatility is about 31% based on the latest options snapshot.