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United Airlines Holdings, Inc. (UAL)
NASDAQ: UAL · Real-Time Price · USD
94.28
+4.33 (4.81%)
Mar 23, 2026, 10:45 AM EDT - Market open

United Airlines Holdings Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
59,07057,06353,71744,95524,634
Revenue Growth (YoY)
3.52%6.23%19.49%82.49%60.43%
Cost of Revenue
39,13137,64335,84731,85921,428
Gross Profit
19,93919,42017,87013,0963,206
Selling, General & Admin
2,1092,2311,9771,535677
Depreciation & Amortization Expenses
2,9392,9282,6712,4562,485
Other Operating Expenses
10,1789,1659,0116,7681,066
Total Operating Expenses
15,22614,32413,65910,7594,228
Operating Income
4,7135,0964,2112,337-1,022
Interest Income
61172682729836
Interest Expense
1,1671,4021,7741,6731,577
Other Non-Operating Income (Expense)
148-252123286
Total Non-Operating Income (Expense)
1,9261,8762,7241,9991,619
Pretax Income
4,3064,1683,387990-2,557
Provision for Income Taxes
9531,019769253-593
Net Income
3,3533,1492,618737-1,964
Net Income to Common
3,3533,1492,618737-1,964
Net Income Growth
6.48%20.28%255.22%--
Shares Outstanding (Basic)
325329328326322
Shares Outstanding (Diluted)
329333332330322
Shares Change (YoY)
-1.41%0.39%0.55%2.55%15.21%
EPS (Basic)
10.329.587.982.26-6.10
EPS (Diluted)
10.209.457.892.23-6.10
EPS Growth
7.94%19.77%253.81%--
Free Cash Flow
2,5573,830-2601,247-40
Free Cash Flow Growth
-33.24%----
Free Cash Flow Per Share
7.7811.49-0.783.78-0.12
Gross Margin
33.75%34.03%33.27%29.13%13.01%
Operating Margin
7.98%8.93%7.84%5.20%-4.15%
Profit Margin
5.68%5.52%4.87%1.64%-7.97%
FCF Margin
4.33%6.71%-0.48%2.77%-0.16%
EBITDA
7,6528,0246,8824,7931,463
EBITDA Margin
12.95%14.06%12.81%10.66%5.94%
EBIT
4,7135,0964,2112,337-1,022
EBIT Margin
7.98%8.93%7.84%5.20%-4.15%
Effective Tax Rate
22.13%24.45%22.70%25.56%23.19%
Updated Jan 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q