Friday 6 November 2026 Export UAL’s income statement to Excel — free account

United Airlines Holdings Inc

United Airlines Holdings Inc’s revenue for fiscal 2025 (year ended December 2025) was $59.1 billion, up 3.52% from fiscal 2024.

Revenue: +17.4%
EPS: +8.28%
Free cash flow: −615.6%
Total debt: +3.81%

Quarter to September 2026, against a year earlier

110.79 4.97 −4.29%

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Market cap: $35.9B
P/E: 10.1×
Fwd P/E: 12.2×
Dividend yield: —
F-score: 7/9
Altman Z: 1.37
Beneish M: −2.65
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

United Airlines Holdings Inc (UAL) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2016: revenue by products and services, and margins
Passenger revenue	33,429	91.44%
Product and Service, Other	2,195	6.00%
Cargo revenue	934	2.55%
Gross margin		73.31%
Operating margin		11.88%
Pre-tax margin		10.32%

Revenue by product or service $m

Line	FY2016
Passenger revenue	33,429 91.44%
Product and Service, Other	2,195 6.00%
Cargo revenue	934 2.55%
Revenue	36,558

Revenue by region $m

Line	FY2014	FY2013	FY2012	FY2011
Domestic Destination	22,320 57.38%	22,092 57.71%	21,276 57.27%	21,922 59.07%
Atlantic Destination	7,321 18.82%	7,132 18.63%	6,582 17.72%	6,675 17.99%
Pacific Destination	5,767 14.82%	5,794 15.14%	6,040 16.26%	5,404 14.56%
Latin America Destination	3,493 8.98%	3,261 8.52%	3,254 8.76%	3,109 8.38%
Revenue	38,901	38,279	37,152	37,110

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Aircraft in fleet at end of period	Q3 FY2026	1.6K	1.5K	+5.99%
ASMs	Q3 FY2026	88.5B	87.4B	+1.28%
Average stage length	Q3 FY2026	1.5K	1.5K	−2.72%
Average yield per RPM	Q3 FY2026	21.86	18.73	+16.71%
Cargo revenue ton miles	Q3 FY2026	936.0M	890.0M	+5.17%
CASM-ex	Q3 FY2026	13.09	12.15	+7.74%
Cost per ASM	Q3 FY2026	18.56	15.82	+17.32%
Digital check-in rate	Q3 FY2026	87.0%	85.0%	—
Employee headcount, as of March 31	Q3 FY2026	117.9K	111.9K	+5.36%
Fuel gallons consumed	Q3 FY2026	1.2B	1.2B	+0.81%
Passengers	Q3 FY2026	49.5M	48.4M	+2.37%
PRASM	Q3 FY2026	18.34	15.80	+16.08%
RPMs	Q3 FY2026	74.3B	73.8B	+0.69%
Total revenue per available seat mile	Q3 FY2026	20.19	17.42	+15.90%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024
Aircraft in fleet at end of period	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
ASMs	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average stage length	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average yield per RPM	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Cargo revenue ton miles	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
CASM-ex	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Cost per ASM	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Digital check-in rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Employee headcount, as of March 31	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Fuel gallons consumed	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Passengers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
PRASM	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
RPMs	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total revenue per available seat mile	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.