United Airlines Holdings revenue and financials

UAL · NASDAQ · USD

$111.87+1.70%+$1.87

Close · October 6, 2026

In the fiscal year ended December 2025, United Airlines Holdings reported revenue of $59.07B (+3.52% year over year). Net income was $3.35B, a net margin of 5.7%.

Annual revenue · 2025: $59.07B
  1. $36.56B2016
  2. $37.74B2017
  3. $41.3B2018
  4. $43.26B2019
  5. $15.36B2020
  6. $24.63B2021
  7. $44.96B2022
  8. $53.72B2023
  9. $57.06B2024
  10. $59.07B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+3.52%
2025 vs 2024
Net income growth
+6.48%
2025 vs 2024
Net margin
5.7%
2024: 5.5%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue17,67214,60815,39615,22515,23613,21314,69514,84314,98612,53913,62614,484
Cost of revenue12,58610,15310,11010,0429,7269,1309,3989,6359,4379,0649,2209,347
Gross profit5,0864,4555,2865,1835,5104,0835,2975,2085,5493,4754,4065,137
Selling, general and administrative644522821555487496786574626480792516
Operating income9786351,4071,3521,8035341,5971,5881,9931391,0781,800
EBIT9786351,4071,3521,8035341,5971,5881,9931391,0781,800
EBITDA1,7401,3911,8762,0822,5371,2612,0262,3302,7128471,5942,463
Interest expense284273271278310308316326367393430445
Pre-tax income1,0268711,3251,2551,2484781,3071,2861,739-1647711,485
Income tax22117228130627591.0322321416-40.0171348
Net income8056991,0449499733879859651,323-1246001,137
Net income to common shareholders8056991,0449499733879859651,323-1246001,137
Basic EPS2.482.163.192.933.001.182.942.934.02-0.381.813.47
Diluted EPS2.462.143.182.902.971.162.942.903.96-0.381.813.42
Average shares (basic)325324327324325328335329329328331328
Average shares (diluted)327327327327327333335333334328331332