UNP Income Statement - UNION PACIFIC CORP

Complete source-backed income-statement history.

Available history: 2007-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2026-06-30	$6.86B	—	—	—	—	—	$2.76B	—	$2.56B	$562M	$1.99B	$3.36	$3.36	593,400,000	594,000,000
2026-03-31	$6.22B	—	—	—	—	—	$2.46B	—	$2.23B	$528M	$1.7B	$2.87	$2.87	593,000,000	593,600,000
2025-12-31	$6.09B	—	—	—	—	—	$2.4B	—	$2.41B	$560M	$1.85B	$3.12	$3.11	-800,000	-800,000
2025-09-30	$6.24B	—	—	—	—	—	$2.55B	—	$2.32B	$530M	$1.79B	$3.02	$3.01	592,400,000	593,200,000
2025-06-30	$6.15B	—	—	—	—	—	$2.53B	—	$2.31B	$437M	$1.88B	$3.16	$3.15	594,100,000	594,800,000
2025-03-31	$6.03B	—	—	—	—	—	$2.37B	—	$2.13B	$501M	$1.63B	$2.71	$2.70	601,000,000	601,900,000
2024-12-31	$6.12B	—	—	—	—	—	$2.53B	—	$2.28B	$519M	$1.76B	$2.91	$2.91	-1,100,000	-1,100,000
2024-09-30	$6.09B	—	—	—	—	—	$2.42B	—	$2.19B	$518M	$1.67B	$2.75	$2.75	607,600,000	608,600,000
2024-06-30	$6.01B	—	—	—	—	—	$2.4B	—	$2.18B	$511M	$1.67B	$2.75	$2.74	609,400,000	610,300,000
2024-03-31	$6.03B	—	—	—	—	—	$2.37B	—	$2.14B	$499M	$1.64B	$2.69	$2.69	609,200,000	610,200,000
2023-12-31	$6.16B	—	—	—	—	—	$2.41B	—	$2.18B	$532M	$1.65B	$2.71	$2.70	-100,000	-100,000
2023-09-30	$5.94B	—	—	—	—	—	$2.18B	—	$1.95B	$421M	$1.53B	$2.51	$2.51	608,700,000	609,800,000
2023-06-30	$5.96B	—	—	—	—	—	$2.2B	—	$1.96B	$389M	$1.57B	$2.58	$2.57	608,700,000	609,500,000
2023-03-31	$6.06B	—	—	—	—	—	$2.29B	—	$2.14B	$512M	$1.63B	$2.67	$2.67	610,600,000	611,500,000
2022-12-31	$6.18B	—	—	—	—	—	$2.41B	—	$2.17B	$533M	$1.64B	$2.68	$2.67	-3,400,000	-3,400,000
2022-09-30	$6.57B	—	—	—	—	—	$2.63B	—	$2.44B	$547M	$1.9B	$3.05	$3.05	620,400,000	621,500,000
2022-06-30	$6.27B	—	—	—	—	—	$2.5B	—	$2.34B	$507M	$1.84B	$2.93	$2.93	625,600,000	626,800,000
2022-03-31	$5.86B	—	—	—	—	—	$2.38B	—	$2.12B	$487M	$1.63B	$2.58	$2.57	632,200,000	633,600,000
2021-12-31	$5.73B	—	—	—	—	—	$2.44B	—	$2.23B	$517M	$1.71B	$2.67	$2.66	-4,500,000	-4,500,000
2021-09-30	$5.57B	—	—	—	—	$3.13B	$2.43B	—	$2.18B	$507M	$1.67B	$2.58	$2.57	648,700,000	650,300,000
2021-06-30	$5.5B	—	—	—	—	$3.03B	$2.47B	—	$2.32B	$518M	$1.8B	$2.73	$2.72	658,500,000	660,100,000
2021-03-31	$5B	—	—	—	—	$3.01B	$1.99B	—	$1.75B	$413M	$1.34B	$2.01	$2.00	667,600,000	669,200,000
2020-12-31	$6.09B	—	—	—	—	$3.14B	$2.01B	—	$1.79B	$413M	$1.38B	$2.05	$2.05	-1,700,000	-1,600,000
2020-09-30	$4.6B	—	—	—	—	$2.89B	$2.03B	—	$1.77B	$410M	$1.36B	$2.02	$2.01	675,000,000	676,800,000
2020-06-30	$3.97B	—	—	—	—	$2.59B	$1.65B	—	$1.5B	$364M	$1.13B	$1.67	$1.67	677,700,000	679,200,000
2020-03-31	$4.88B	—	—	—	—	$3.09B	$2.14B	—	$1.92B	$444M	$1.47B	$2.15	$2.15	684,300,000	686,200,000
2019-12-31	$6.32B	—	—	—	—	$3.11B	$2.1B	—	$1.88B	$475M	$1.4B	$2.02	$2.02	-3,700,000	-3,700,000
2019-09-30	$5.15B	—	—	—	—	$3.28B	$2.23B	—	$2.02B	$466M	$1.56B	$2.22	$2.22	699,300,000	701,900,000
2019-06-30	$5.24B	—	—	—	—	$3.34B	$2.26B	—	$2.06B	$488M	$1.57B	$2.23	$2.22	705,500,000	708,000,000
2019-03-31	$5.01B	—	—	—	—	$3.42B	$1.96B	—	$1.79B	$399M	$1.39B	$1.94	$1.93	716,800,000	719,500,000
2018-12-31	$6.84B	—	—	—	—	$3.55B	$2.21B	—	$2.02B	$462M	$1.55B	$2.13	$2.12	-7,200,000	-7,100,000
2018-09-30	$5.56B	—	—	—	—	$3.66B	$2.27B	—	$2.08B	$483M	$1.59B	$2.16	$2.15	737,400,000	740,900,000
2018-06-30	$5.32B	—	—	—	—	$3.57B	$2.1B	—	$1.94B	$429M	$1.51B	$1.98	$1.98	760,500,000	763,700,000
2018-03-31	$5.48B	—	—	—	—	$3.54B	$1.94B	—	$1.71B	$401M	$1.31B	$1.69	$1.68	776,400,000	779,600,000
2017-12-31	$5.45B	—	—	—	—	$3.2B	$2.25B	—	$2.09B	-$5.19B	$7.28B	$9.15	$9.10	-5,000,000	-4,800,000
2017-09-30	$5.41B	—	—	—	—	$3.34B	$2.07B	—	$1.98B	$789M	$1.19B	$1.50	$1.50	794,500,000	797,600,000
2017-06-30	$5.25B	—	—	—	—	$3.25B	$2B	—	$1.87B	$701M	$1.17B	$1.45	$1.45	804,100,000	807,200,000
2017-03-31	$5.13B	—	—	—	—	$3.34B	$1.79B	—	$1.69B	$616M	$1.07B	$1.32	$1.32	811,500,000	814,800,000
2016-12-31	$5.17B	—	—	—	—	$3.23B	$1.94B	—	$1.83B	$687M	$1.14B	$1.40	$1.39	-4,400,000	-4,200,000
2016-09-30	$5.17B	—	—	—	—	$3.21B	$1.96B	—	$1.81B	$674M	$1.13B	$1.36	$1.36	829,000,000	832,200,000
2016-06-30	$4.77B	—	—	—	—	$3.11B	$1.66B	—	$1.56B	$585M	$979M	$1.17	$1.17	837,400,000	840,100,000
2016-03-31	$4.83B	—	—	—	—	$3.14B	$1.69B	—	$1.57B	$587M	$979M	$1.16	$1.16	844,000,000	846,700,000
2015-12-31	$5.21B	—	—	—	—	$3.29B	$1.92B	—	$1.78B	$665M	$1.12B	$1.32	$1.31	-5,300,000	-5,200,000
2015-09-30	$5.56B	—	—	—	—	$3.35B	$2.21B	—	$2.08B	$781M	$1.3B	$1.51	$1.50	862,900,000	865,800,000
2015-06-30	$5.43B	—	—	—	—	$3.48B	$1.95B	—	$1.94B	$734M	$1.2B	$1.38	$1.38	872,200,000	875,200,000
2015-03-31	$5.61B	—	—	—	—	$3.64B	$1.98B	—	$1.86B	$704M	$1.15B	$1.31	$1.30	879,300,000	882,800,000
2014-12-31	$6.15B	—	—	—	—	$3.78B	$2.37B	—	$2.3B	$867M	$1.43B	$1.61	$1.61	-3,800,000	-3,700,000
2014-09-30	$6.18B	—	—	—	—	$3.85B	$2.33B	—	$2.21B	$836M	$1.37B	$1.53	$1.53	893,200,000	896,900,000
2014-06-30	$6.02B	—	—	—	—	$3.82B	$2.2B	—	$2.08B	$789M	$1.29B	$1.43	$1.43	901,500,000	905,000,000
2014-03-31	$5.64B	—	—	—	—	$3.78B	$1.85B	—	$1.76B	$671M	$1.09B	$1.20	$1.19	908,100,000	912,500,000
2013-12-31	$5.63B	—	—	—	—	$3.66B	$1.97B	—	$1.88B	$709M	$1.17B	$1.28	$1.27	-3,400,000	-3,400,000
2013-09-30	$5.57B	—	—	—	—	$3.61B	$1.96B	—	$1.85B	$701M	$1.15B	$1.25	$1.24	923,500,000	928,400,000
2013-06-30	$5.47B	—	—	—	—	$3.59B	$1.88B	—	$1.77B	$662M	$1.11B	$1.19	$1.18	930,600,000	935,300,000
2013-03-31	$5.29B	—	—	—	—	$3.66B	$1.63B	—	$1.55B	$588M	$957M	$2.05	$2.03	467,800,000	470,500,000
2012-12-31	$5.25B	—	—	—	—	$3.53B	$1.73B	—	$1.64B	$604M	$1.04B	-$1.96	-$1.94	471,700,000	475,000,000
2012-09-30	$5.34B	—	—	—	—	$3.56B	$1.79B	—	$1.68B	$635M	$1.04B	$2.21	$2.19	472,000,000	475,200,000
2012-06-30	$5.22B	—	—	—	—	$3.5B	$1.72B	—	$1.61B	$608M	$1B	$2.11	$2.10	473,800,000	477,200,000
2012-03-31	$5.11B	—	—	—	—	$3.6B	$1.51B	—	$1.39B	$528M	$863M	$1.81	$1.79	477,800,000	481,400,000
2011-12-31	$5.11B	—	—	—	—	$3.49B	$1.62B	—	$1.53B	$566M	$964M	$2.00	$1.98	-1,700,000	-1,700,000
2011-09-30	$5.1B	—	—	—	—	$3.52B	$1.58B	—	$1.45B	$549M	$904M	$1.87	$1.85	484,200,000	488,100,000
2011-06-30	$4.86B	—	—	—	—	$3.47B	$1.39B	—	$1.27B	$485M	$785M	$1.61	$1.59	488,400,000	492,400,000
2011-03-31	$4.49B	—	—	—	—	$3.35B	$1.14B	—	$1.01B	$372M	$639M	$1.31	$1.29	489,600,000	494,100,000
2010-12-31	$4.41B	—	—	—	—	$3.1B	$1.31B	—	$1.18B	$405M	$775M	$1.57	$1.55	-1,600,000	-1,400,000
2010-09-30	$4.41B	—	—	—	—	$3.01B	$1.4B	—	$1.27B	$495M	$778M	$1.58	$1.56	493,000,000	497,700,000
2010-06-30	$4.18B	—	—	—	—	$2.9B	$1.28B	—	$1.15B	$435M	$711M	$1.42	$1.40	501,800,000	506,500,000
2010-03-31	$3.97B	—	—	—	—	$2.98B	$988M	—	$834M	$318M	$516M	$1.02	$1.01	504,500,000	508,700,000
2009-12-31	$3.75B	—	—	—	—	$2.76B	$999M	—	$869M	$320M	$549M	$1.09	$1.08	100,000	400,000
2009-09-30	$3.67B	—	—	—	—	$2.71B	$961M	—	$819M	$305M	$514M	$1.02	$1.01	503,100,000	507,000,000
2009-06-30	$3.3B	—	—	—	—	$2.56B	$748M	—	$733M	$268M	$465M	$0.92	$0.92	502,900,000	505,300,000
2009-03-31	$3.42B	—	—	—	—	$2.74B	$671M	—	$553M	$191M	$362M	$0.72	$0.72	502,700,000	504,600,000
2008-12-31	$4.29B	—	—	—	—	$3.15B	$1.14B	—	$1.03B	$376M	$658M	$1.30	$1.29	-2,476,000	-2,813,000
2008-09-30	$4.85B	—	—	—	—	$3.63B	$1.22B	—	$1.11B	$405M	$703M	$1.39	$1.38	506,556,000	511,303,000
2008-06-30	$4.57B	—	—	—	—	$3.64B	$931M	—	$822M	$291M	$531M	$1.03	$1.02	514,264,000	519,005,000

Annual Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2025-12-31	$24.51B	—	—	—	—	—	$9.85B	—	$9.17B	$2.03B	$7.14B	$12.00	$11.98	595,000,000	595,900,000
2024-12-31	$24.25B	—	—	—	—	—	$9.71B	—	$8.79B	$2.05B	$6.75B	$11.10	$11.09	607,600,000	608,600,000
2023-12-31	$24.12B	—	—	—	—	—	$9.08B	—	$8.23B	$1.85B	$6.38B	$10.47	$10.45	609,200,000	610,200,000
2022-12-31	$24.88B	—	—	—	—	—	$9.92B	—	$9.07B	$2.07B	$7B	$11.24	$11.21	622,700,000	624,000,000
2021-12-31	$21.8B	—	—	—	—	—	$9.34B	—	$8.48B	$1.96B	$6.52B	$9.98	$9.95	653,800,000	655,400,000
2020-12-31	$19.53B	—	—	—	—	$11.7B	$7.83B	—	$6.98B	$1.63B	$5.35B	$7.90	$7.88	677,300,000	679,100,000
2019-12-31	$21.71B	—	—	—	—	$13.15B	$8.55B	—	$7.75B	$1.83B	$5.92B	$8.41	$8.38	703,500,000	706,100,000
2018-12-31	$22.83B	—	—	—	—	$14.32B	$8.52B	—	$7.74B	$1.78B	$5.97B	$7.95	$7.91	750,900,000	754,300,000
2017-12-31	$21.24B	—	—	—	—	$13.13B	$8.11B	—	$7.63B	-$3.08B	$10.71B	$13.42	$13.36	798,400,000	801,700,000
2016-12-31	$19.94B	—	—	—	—	$12.7B	$7.24B	—	$6.77B	$2.53B	$4.23B	$5.09	$5.07	832,400,000	835,400,000
2015-12-31	$21.81B	—	—	—	—	$13.76B	$8.05B	—	$7.66B	$2.88B	$4.77B	$5.51	$5.49	866,200,000	869,400,000
2014-12-31	$23.99B	—	—	—	—	$15.24B	$8.75B	—	$8.34B	$3.16B	$5.18B	$5.77	$5.75	897,100,000	901,100,000
2013-12-31	$21.96B	—	—	—	—	$14.52B	$7.45B	—	$7.05B	$2.66B	$4.39B	$4.74	$4.71	926,500,000	931,500,000
2012-12-31	$20.93B	—	—	—	—	$14.18B	$6.75B	—	$6.32B	$2.38B	$3.94B	$4.17	$4.14	946,200,000	952,900,000
2011-12-31	$19.56B	—	—	—	—	$13.83B	$5.72B	—	$5.26B	$1.97B	$3.29B	$6.78	$6.72	485,700,000	489,800,000
2010-12-31	$16.97B	—	—	—	—	$11.98B	$4.98B	—	$4.43B	$1.65B	$2.78B	$5.58	$5.53	498,200,000	502,900,000
2009-12-31	$14.14B	—	—	—	—	$10.76B	$3.38B	—	$2.97B	$1.08B	$1.89B	$3.76	$3.74	503,000,000	505,800,000
2008-12-31	$17.97B	—	—	—	—	$13.9B	$4.07B	—	$3.65B	$1.32B	$2.34B	$4.57	$4.53	510,600,000	515,000,000
2007-12-31	$16.28B	—	—	—	—	$12.91B	$3.38B	—	$3.01B	$1.15B	$1.86B	$3.49	$3.46	531,900,000	536,800,000