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Union Pacific (UNP) Cost of Revenue (2016 - 2025)

Union Pacific's Cost of Revenue history spans 17 years, with the latest figure at $1.1 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 89.85% year-over-year to $1.1 billion; the TTM value through Dec 2025 reached $2.4 billion, up 46.99%, while the annual FY2025 figure was $2.4 billion, 3.4% down from the prior year.
  • Cost of Revenue for Q4 2025 was $1.1 billion at Union Pacific, up from $352.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.4 billion in Q3 2023 and bottomed at -$1.3 billion in Q4 2022.
  • The 5-year median for Cost of Revenue is $357.0 million (2024), against an average of $381.6 million.
  • The largest annual shift saw Cost of Revenue crashed 370.29% in 2022 before it soared 346.39% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at -$276.0 million in 2021, then plummeted by 370.29% to -$1.3 billion in 2022, then soared by 47.23% to -$685.0 million in 2023, then surged by 184.82% to $581.0 million in 2024, then skyrocketed by 89.85% to $1.1 billion in 2025.
  • Per Business Quant, the three most recent readings for UNP's Cost of Revenue are $1.1 billion (Q4 2025), $352.0 million (Q3 2025), and $576.0 million (Q2 2025).