Filing Flows › Union Pacific (UNP) › Free cash flow
Union Pacific (UNP) free cash flow by quarter
Union Pacific's free cash flow was $1.8B in Q3 2026 (third quarter 2026), -20% from Q2 2026. Over the last 7 quarters it ranged from $468M (Q1 2025) to $2.2B (Q2 2026).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $1.8B | -20% | +12% |
| Q2 2026 | $2.2B | +249% | +58% |
| Q1 2026 | $631M | -49% | +35% |
| Q4 2025 | $1.2B | -22% | — |
| Q3 2025 | $1.6B | +13% | — |
| Q2 2025 | $1.4B | +199% | — |
| Q1 2025 | $468M | — | — |
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 free cash flow?
Union Pacific's free cash flow was $1.8B in Q3 2026 (third quarter 2026), -20% from Q2 2026.
How has Union Pacific's free cash flow changed?
Over the last 7 quarters it ranged from $468M (Q1 2025) to $2.2B (Q2 2026).