Union Pacific (UNP) Revenue — Quarter Ended Sep 30, 2025
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was slightly larger.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was slightly larger.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $6.1B | -0.6% |
| Mar 31, 2025 | $6B | -0.1% |
| Jun 30, 2025 | $6.2B | +2.4% |
| Sep 30, 2025 | $6.2B | +2.5% |
Revenue performance
The reported revenue direction was upward, with total operating revenues rising from the prior quarter and from the same quarter a year earlier.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased slightly. Compared with the same quarter one year earlier, revenue also increased, and the year-over-year change was larger than the sequential change.
What to watch
The filing context does not provide specific commentary on revenue drivers for this quarter.