Income StatementBalance SheetCash FlowSegments
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United Airlines Holdings Income Statement

Revenue, expenses, and profitability over time

United Airlines Holdings generated $60.5B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $3.7B with a 6.06% net margin. Diluted EPS is $11.18, which grew 0.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$60.5BOperating Income (TTM)$5.1BNet Income (TTM)$3.7BEps Diluted (TTM)$11.18
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$31.2B
P/E Ratio8.50
ROE25.73%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aircraft fuel$2.7B$2.7B$2.8B$3.0B$2.9B$3.0B
Compensation and benefits$4.3B$4.2B$4.4B$4.6B$4.5B$4.6B
Depreciation and amortization$759.0M$727.0M$733.0M$730.0M$749.0M$756.0M
Other Costs and Expenses$2.4B$2.3B$2.5B$2.5B$2.6B$2.5B
Other operating charges$2.4B$2.3B$2.5B$2.5B$2.6B$2.5B
Impairment and restructuring$68.0M-$108.0M$447.0M-$73.0M$0.0-$389.0M
Aircraft maintenance materials and outside repairs$809.0M$731.0M$865.0M$779.0M$919.0M$854.0M
Aircraft rent$45.0M$51.0M$67.0M$54.0M$80.0M$83.0M
Regional carrier expense$668.0M$650.0M$676.0M$686.0M$681.0M$692.0M
Landing fees and other rents$901.0M$873.0M$961.0M$1.0B$1.0B$948.0M
Other operating expenses$2.4B$2.3B$2.5B$2.5B$2.6B$2.5B
Total operating expenses$13.2B$12.6B$13.9B$13.8B$14.0B$13.6B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unrealized Gain (Loss) on Investments-$39.0M-$21.0M$26.0M-$13.0M$12.0M-$13.0M
Unrealized Gain (Loss) on Equity Investments-$39.0M-$21.0M$26.0M-$13.0M$12.0M-$13.0M
Unrealized Gain (Loss) on Investments-$39.0M-$21.0M$26.0M-$13.0M$12.0M-$13.0M
Other Charges-$13.0M$36.0M$41.0M$9.0M$58.0M$24.0M
Interest expense$369.0M$356.0M$361.0M$331.0M$325.0M$327.0M
Interest income$172.0M$164.0M$167.0M$142.0M$138.0M$135.0M
Other income (expense), net-$196.0M-$129.0M-$77.0M-$141.0M-$61.0M-$127.0M
Interest costs capitalized adjustment$53.0M$48.0M$51.0M$53.0M$54.0M$54.0M
Unrealized Gain (Loss) on Equity Securities-$39.0M-$21.0M$26.0M-$13.0M$12.0M-$13.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$3.01$1.18$3.00$2.93$3.21$2.16
Diluted earnings per share$2.97$1.16$2.97$2.90$3.17$2.14

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.3B$478.0M$1.2B$1.3B$1.3B$870.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$322.0M$91.0M$275.0M$306.0M$281.0M$172.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$985.0M$387.0M$973.0M$949.0M$1.0B$699.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$1.5B$607.0M$1.3B$1.4B$1.4B$997.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Fuel$2.7B$2.7B$2.8B$3.0B$2.9B$3.0B
Interest Costs Capitalized Adjustment$53.0M$48.0M$51.0M$53.0M$54.0M$54.0M
Interest Expense Nonoperating$369.0M$356.0M$361.0M$331.0M$325.0M$327.0M
Other$2.4B$2.3B$2.5B$2.5B$2.6B$2.5B
Other income, net (Note 6)-$13.0M$36.0M$41.0M$9.0M$58.0M$24.0M
Revenue From Contract With Customer Excluding Assessed Tax$14.7B$13.2B$15.2B$15.2B$15.4B$14.6B
Selling Expense$551.0M$496.0M$487.0M$555.0M$571.0M$522.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$14.7B$13.2B$15.2B$15.2B$15.4B$14.6B