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Union Pacific (UNP) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Union Pacific (UNP) over the last 17 years, with Q4 2025 value amounting to $3.7 billion.

  • Union Pacific's Operating Expenses rose 244.72% to $3.7 billion in Q4 2025 from the same period last year, while for Dec 2025 it was $14.7 billion, marking a year-over-year increase of 87.36%. This contributed to the annual value of $14.7 billion for FY2025, which is 87.36% up from last year.
  • Per Union Pacific's latest filing, its Operating Expenses stood at $3.7 billion for Q4 2025, which was up 244.72% from $3.7 billion recorded in Q3 2025.
  • In the past 5 years, Union Pacific's Operating Expenses ranged from a high of $3.9 billion in Q3 2022 and a low of $3.0 billion during Q1 2021
  • In the last 5 years, Union Pacific's Operating Expenses had a median value of $3.7 billion in 2024 and averaged $3.6 billion.
  • Per our database at Business Quant, Union Pacific's Operating Expenses surged by 2549.46% in 2022 and then crashed by 429.7% in 2023.
  • Union Pacific's Operating Expenses (Quarter) stood at $3.3 billion in 2021, then grew by 14.42% to $3.8 billion in 2022, then decreased by 0.42% to $3.8 billion in 2023, then dropped by 4.16% to $3.6 billion in 2024, then grew by 2.45% to $3.7 billion in 2025.
  • Its Operating Expenses was $3.7 billion in Q4 2025, compared to $3.7 billion in Q3 2025 and $3.6 billion in Q2 2025.