Q2
UNP — Q2 2026 Financial Report Analysis
Union Pacific's Q2 2026 revenue rose 12% to $6.86B and EPS 7% to $3.36, but 4% ex-fuel-surcharge growth and a fuel-driven 0.7-pt operating ratio slip to 59.7% tell the real story; 2026 EPS guidance raised to high-single digit.