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Union Pacific10-Q: Legacy modernization

Announced $3.4B capital plan for 2026, with 55% for infrastructure replacement.

What happened

The company is making a major $3.4 billion investment in its network, dedicating approximately $1.87 billion (55%) to modernizing infrastructure and $510 million (15%) to expanding capacity.

Source

SEC EDGARApr 23, 2026

Quarterly report (Form 10-Q)

Union Pacific 10-Q

Filing excerpt

Our 2026 capital plan is approximately $3.4 billion, subject to adjustment depending on business conditions. We expect approximately 55% for infrastructure replacement and 15% for capacity and commercial projects to support growth.

sec.gov/Archives/edgar/data/100885/000010088526000155/unp-20260331.htmRead the full source

Other signals in this filing (7)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Legacy modernization

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
Apr 23, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$3.4B (2026 capital plan)
Percent
55% (for infrastructure replacement)

Details

CIK
100885
Accession number
0000100885-26-000155
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Modernization projects
Signal category
Technology

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Apr 28, 2026
signal_type
sec-10q
signal_subtype
legacyModernization

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a17f5377-45c2-4a0c-a84b-c16c63b1930c returns this record as JSON. POST /v1/companies/enrich returns every signal for up.com.

{
  "signal_id": "a17f5377-45c2-4a0c-a84b-c16c63b1930c",
  "signal_type": "sec-10q",
  "signal_subtype": "legacyModernization",
  "detected_at": "2026-04-28T10:05:23.401+00:00",
  "company": {
    "name": "Union Pacific",
    "domain": "up.com"
  },
  "data": {
    "detail": "The company is making a major $3.4 billion investment in its network, dedicating approximately $1.87 billion (55%) to modernizing infrastructure and $510 million (15%) to expanding capacity. This signals a significant budget for asset management, construction, maintenance technology, and materials vendors to address aging systems and support growth.",
    "metrics": {
      "pct": 0.55,
      "timeframe": "current_year",
      "pct_context": "for infrastructure replacement",
      "dollar_context": "2026 capital plan",
      "dollar_millions": 3400
    },
    "summary": "Announced $3.4B capital plan for 2026, with 55% for infrastructure replacement.",
    "excerpts": "Our 2026 capital plan is approximately $3.4 billion, subject to adjustment depending on business conditions. We expect approximately 55% for infrastructure replacement and 15% for capacity and commercial projects to support growth.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/100885/000010088526000155/unp-20260331.htm",
    "filing_date": "2026-04-23",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Modernization projects",
    "signal_category": "technology"
  }
}

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