Discontinued — last reported Q1 '26
Total Operating Expenses
Union Pacific Total Operating Expenses increased by 2.0% to $3.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $3.66B to $3.76B. Over 3 years (FY 2022 to FY 2025), Total Operating Expenses shows relatively stable performance with a -0.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.03B | $3.13B | $3.74B | $3.74B | $3.74B | $3.74B | $3.76B | $3.76B | $3.76B | $3.76B | $3.66B | $3.61B | $3.68B | $3.60B | $3.66B | $3.63B | $3.70B | $3.68B | $3.76B |
| QoQ Change | — | +3.4% | +19.3% | +0.0% | +0.0% | +0.0% | +0.5% | +0.0% | +0.0% | +0.0% | -2.7% | -1.4% | +1.9% | -2.1% | +1.7% | -0.7% | +1.8% | -0.3% | +2.0% |
| YoY Change | — | — | — | +23.4% | +19.3% | — | +0.5% | +0.5% | +0.5% | +0.5% | -2.7% | -4.1% | -2.2% | -4.3% | -0.1% | +0.6% | +0.5% | +2.4% | +2.8% |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Union Pacific's total operating expenses?
- Union Pacific (UNP) reported total operating expenses of $3.76B in Q1 2026.
- How has Union Pacific's total operating expenses changed year-over-year?
- Union Pacific's total operating expenses increased by 2.8% year-over-year, from $3.66B to $3.76B.
- What is the long-term trend for Union Pacific's total operating expenses?
- Over 3 years (2022 to 2025), Union Pacific's total operating expenses has grown at a -0.7% compound annual growth rate (CAGR), from $14.96B to $14.66B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.