Union Pacific Q4 FY25: where the revenue came from and where it went
The whole income statement of Union Pacific for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 6, 2026
Revenue$6.09B
−1% year over year
Operating profit$2.41B
40% margin
Net profit$1.85B
30% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.09 | 100% | −1% |
| Industrial | 2.12 | 35% | +1% |
| Bulk | 1.92 | 32% | +3% |
| Premium | 1.72 | 28% | −6% |
| Other subsidiary | 0.17 | 3% | −5% |
| Accessorial | 0.13 | 2% | −1% |
| Miscellaneous product | 0.03 | 0% | +16% |
| Operating expenses | −3.68 | 60% | |
| Compensation | −1.22 | 20% | −1pp |
| D&A | −0.62 | 10% | +0pp |
| Interest | −0.33 | 5% | +0pp |
| Underwriting | −0.34 | 6% | +1pp |
| Other | −1.16 | 19% | +0pp |
| Operating profit | 2.41 | 40% margin | +2pp |
| Tax | −0.56 | ||
| Net profit | 1.85 | 30% margin | +2pp |
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