Union Pacific Corp. revenue by year
Over the 10 fiscal years shown, revenue went from $19.94B (year ended Dec 31, 2016) to $24.51B (year ended Dec 31, 2025), a compound annual growth rate of 2.3%. The fastest growth was +14.1% in the year ended Dec 31, 2022; the weakest year was −10.0% (year ended Dec 31, 2020).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $24.51B | +1.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2026 |
| Dec 31, 2024 | $24.25B | +0.5% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2026 |
| Dec 31, 2023 | $24.12B | −3.0% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2026 |
| Dec 31, 2022 | $24.88B | +14.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 7, 2025 |
| Dec 31, 2021 | $21.80B | +11.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 9, 2024 |
| Dec 31, 2020 | $19.53B | −10.0% | Revenues | 10-K filed Feb 5, 2021 |
| Dec 31, 2019 | $21.71B | −4.9% | Revenues | 10-K filed Feb 5, 2021 |
| Dec 31, 2018 | $22.83B | +7.5% | Revenues | 10-K filed Feb 5, 2021 |
| Dec 31, 2017 | $21.24B | +6.5% | Revenues | 10-K filed Feb 7, 2020 |
| Dec 31, 2016 | $19.94B | −8.6% | Revenues | 10-K filed Feb 8, 2019 |
Union Pacific Corp. reported revenue under 2 different XBRL concepts across these years (often after the 2018 change in revenue-recognition rules, ASC 606). Each row shows the concept used, so you can judge comparability.
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $7.20B | +15.3% | 10-Q filed Oct 22, 2026 |
| 3 months ended Jun 30, 2026 | $6.86B | +11.5% | 10-Q filed Jul 23, 2026 |
| 3 months ended Mar 31, 2026 | $6.22B | +3.2% | 10-Q filed Apr 23, 2026 |
| 3 months ended Sep 30, 2025 | $6.24B | +2.5% | 10-Q filed Oct 22, 2026 |
| 3 months ended Jun 30, 2025 | $6.15B | +2.4% | 10-Q filed Jul 23, 2026 |
| 3 months ended Mar 31, 2025 | $6.03B | −0.1% | 10-Q filed Apr 23, 2026 |
| 3 months ended Sep 30, 2024 | $6.09B | +2.5% | 10-Q filed Oct 23, 2025 |
| 3 months ended Jun 30, 2024 | $6.01B | +0.7% | 10-Q filed Jul 24, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 100885 (raw data). Most recent filing in this dataset: 10-Q filed Oct 22, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.