United Airlines Holdings financials
$112.65+1.02%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.67B | $14.61B | $15.40B | $15.22B | $15.24B | $13.21B | $14.70B | $14.84B | $14.99B | $12.54B | $13.63B | $14.48B |
| Gross profit | $17.67B | $14.61B | $15.40B | $15.22B | $15.24B | $13.21B | $14.70B | $14.84B | $14.99B | $12.54B | $13.63B | $14.48B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $1.10B | $997.0M | $1.39B | $1.40B | $1.32B | $607.0M | $1.50B | $1.56B | $1.93B | $99.0M | $998.0M | $1.74B |
| Net income | $805.0M | $698.0M | $1.04B | $949.0M | $973.0M | $387.0M | $985.0M | $965.0M | $1.32B | -$124.0M | $600.0M | $1.14B |
| Net margin | 4.6% | 4.8% | 6.8% | 6.2% | 6.4% | 2.9% | 6.7% | 6.5% | 8.8% | −1.0% | 4.4% | 7.8% |
| Diluted EPS | $2.46 | $2.14 | $3.19 | $2.90 | $2.97 | $1.16 | $2.92 | $2.90 | $3.96 | $-0.38 | $1.78 | $3.42 |
| EBITDA | $951.0M | $608.0M | $4.32B | $1.32B | $1.77B | $499.0M | $4.50B | $1.56B | $1.97B | $112.0M | $1.04B | $1.77B |
| Operating cash flow | $1.61B | $4.80B | $1.29B | $1.22B | $2.22B | $3.71B | $2.22B | $1.50B | $2.88B | $2.85B | -$910.0M | $880.0M |
| Free cash flow | $267.0M | $3.13B | -$604.0M | -$246.0M | $930.0M | $2.48B | $549.0M | $88.0M | $1.71B | $1.48B | -$2.98B | -$962.0M |
| Diluted shares | 326.6M | 326.8M | 326.9M | 326.9M | 327.2M | 333.0M | 337.9M | 332.7M | 333.9M | 328.3M | 336.3M | 332.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $10.17B | $7.87B | $5.94B | $6.73B | $9.35B | $9.37B |
| Short-term investments | $6.47B | $6.30B | $6.30B | $6.60B | $6.26B | $5.96B |
| Total debt | $26.46B | $24.19B | $24.99B | $25.43B | $27.08B | $27.66B |
| Total assets | $84.57B | $80.94B | $76.45B | $76.31B | $77.16B | $76.11B |
| Total liabilities | $67.87B | $65.06B | $61.17B | $62.00B | $63.79B | $63.50B |
| Shareholders' equity | $16.70B | $15.88B | $15.28B | $14.31B | $13.37B | $12.62B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology