United Airlines Holdings, Inc. Common Stock (UAL) Financials
Key financial figures for United Airlines Holdings, Inc. Common Stock (Q3 2026).
United posted record Q3 revenue of $17.9 billion (+17.4% YoY) but adjusted diluted EPS fell 8.6% to $2.54 as fuel expense rose 61.6%, and Q4 adjusted EPS guidance is $0.50 to $1.50. Total operating revenue was $17,875 million, up 17.4% from $15,225 million a year earlier on capacity up only 1.3%; TRASM rose 15.9% to 20.19 cents and PRASM rose 16.1% to 18.34 cents. GAAP diluted EPS was $3.14 versus $2.90 (+8.3%), helped by $215 million of operating special credits (mostly aircraft sale-leaseback gains); adjusted diluted EPS was $2.54 versus $2.78 a year earlier (-8.6%), inside the $2.50 to $3.50 Q3 range given in July. Aircraft fuel expense rose 61.6% to $4,843 million (average price $3.90 per gallon versus $2.43); CASM-ex rose 7.8% to 13.09 cents. On the outlook: Q4 2026 adjusted diluted EPS of $0.50 to $1.50 at an assumed all-in fuel price of about $4.80 per gallon; Q4 total operating revenue growth expected above 20% year over year (accelerating from Q3); unit cost excluding fuel growth expected to step down versus Q3; full-year 2026 adjusted capital expenditures of about $7.5 billion. No full-year adjusted EPS range was given in the October update. Figures are for Q3 2026, as United Airlines Holdings, Inc. reported them.
- Revenue
- $17.9B
- Net Income
- $1.0B
- EPS
- $3.17
- Total Assets
- $85.1B
- Operating Cash Flow
- $465M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $17.9B | $1.0B | $3.14 | 8.09% | -$1.7B |
| Q2 FY2026 | $17.7B | $805M | $2.46 | 6.2% | $267M |
| Q1 FY2026 | $14.6B | $699M | $2.14 | 6.83% | $3.1B |
| Q4 FY2025 | $15.4B | $1.0B | $3.19 | 9% | -$604M |
| Q3 FY2025 | $15.2B | $949M | $2.90 | 9.16% | -$246M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $59.1B | $3.4B | $10.20 | 7.98% | $2.6B |
| FY2024 | $57.1B | $3.1B | $9.45 | 8.93% | $3.8B |
| FY2023 | $53.7B | $2.6B | $7.89 | 7.84% | -$260M |
Frequently asked questions
What was United Airlines Holdings, Inc.'s revenue last quarter?
United Airlines Holdings, Inc. reported revenue of $17.88 billion for Q3 FY2026, up 17.4% from the same period a year earlier.
Is United Airlines Holdings, Inc. profitable?
Yes. United Airlines Holdings, Inc. reported net income of $1.03 billion for Q3 FY2026, a net margin of 5.76% on revenue.
How has United Airlines Holdings, Inc.'s margin trended?
Operating margin was 8.09% in Q3 FY2026, compared with 9.16% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did United Airlines Holdings, Inc. generate?
United Airlines Holdings, Inc. generated free cash flow of -$1.67 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for United Airlines Holdings, Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.