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Union Pacific (UNP) capital expenditures by quarter

Union Pacific's capital expenditures were $1.0B in Q3 2026 (third quarter 2026), +17% from Q2 2026. Over the last 5 quarters it ranged from $873M (Q2 2026) to $1.0B (Q3 2026).

Union Pacific capital expenditures by quarterUnion Pacific capital expenditures by quarter$936MQ2 2025$950MQ3 2025$999MQ4 2025$873MQ2 2026$1.0BQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$1.0B+17%+8%
Q2 2026$873M-13%-7%
Q4 2025$999M+5%—
Q3 2025$950M+1%—
Q2 2025$936M——

Q3 2026 at a glance

Union Pacific, Q3 2026: revenue $7.2B (+15% year over year), operating margin 40.9%, net earnings $2.1B, operating cash flow $2.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is Union Pacific's capital expenditures?

Union Pacific's capital expenditures were $1.0B in Q3 2026 (third quarter 2026), +17% from Q2 2026.

How has Union Pacific's capital expenditures changed?

Over the last 5 quarters it ranged from $873M (Q2 2026) to $1.0B (Q3 2026).

Q3 2026 results → · How Union Pacific makes money →