United Airlines Earnings Reports

United Airlines reported strong Q3 2025 results with $15.2B in revenue and $0.9B in net income, driven by high passenger volume, a large summer schedule, and growing customer loyalty.

United Airlines delivered solid Q2 2025 results with $1B net income, strong adjusted EPS, and operational improvements, while signaling demand acceleration and positive supply shifts ahead.

United Airlines delivered its strongest first-quarter financial performance in five years, achieving record revenue, positive net income, and strong international demand, despite macroeconomic headwinds.

United Airlines reported strong Q4 2024 financial results with a significant increase in pre-tax margin. The company saw growth in premium, corporate, and Basic Economy revenues, as well as loyalty and cargo. They also finished first in on-time performance at all seven of their U.S. hubs.

United Airlines reported strong financial and operational results for Q3 2024, exceeding EPS expectations. Revenue trends improved as unprofitable capacity exited the market, with domestic unit revenue positive year-over-year in August and September. The company also announced a $1.5 billion share repurchase program.

United Airlines reported a strong second quarter in 2024, achieving pre-tax earnings of $1.7 billion and diluted earnings per share of $3.96. The company's revenue diversity advantages, including premium revenue and Basic Economy revenue, drove near-top-of-industry margins. United is strategically managing costs and capacity, expecting further improvements as industry-wide oversupply eases.

United Airlines reported a first-quarter 2024 pre-tax loss of $164 million, an improvement of $92 million over the same quarter last year. The adjusted pre-tax loss was $79 million, a $187 million improvement. The company generated $2.8 billion operating cash flow and $1.5 billion free cash flow. The company continues to expect full-year 2024 adjusted diluted earnings per share of $9 to $11.

United Airlines announced strong Q4 and full-year 2023 results, with Q4 adjusted diluted earnings per share of $2.00, exceeding expectations. The company's diversified revenue strategy and cost convergence contributed to its success. United also achieved its best quarterly on-time arrival performance in company history and improved Newark operations.

United Airlines reported strong Q3 2023 financial results, with revenue up 12.5% year-over-year, driven by solid domestic demand and record-breaking international performance, particularly in the Atlantic and Pacific regions. The company's pre-tax income increased by 29% year-over-year, and on an adjusted basis, increased by 37%.

United Airlines reported strong second-quarter 2023 financial results, achieving record-setting financial performance. The company reported earnings per share of $3.24 and pre-tax margin of 9.8%. On an adjusted basis, earnings per share was $5.03 and pre-tax margin was 15.3%.

United Airlines reported a $256 million pre-tax loss for the first quarter of 2023, which was consistent with expectations. The company's total operating revenue increased by 51.1% compared to the first quarter of 2022, and total revenue per available seat mile (TRASM) increased by 22.5%.

United Airlines reported strong fourth-quarter and full-year 2022 financial results, exceeding adjusted operating margin guidance and achieving its 2023 pre-tax margin target ahead of schedule. The company grew operating revenue by 14% and TRASM by 26% compared to fourth quarter 2019.

United Airlines reported its second quarter 2022 financial results, achieving the highest second quarter revenue in its history and its first profitable quarter since COVID-19 began, despite record-high fuel prices. Total operating revenue was up 6% compared to the same quarter in 2019, and TRASM was up 24% compared to the same quarter in 2019.

United Airlines reported first quarter 2022 financial results and announced it expects to return to profitability in the second quarter on a robust operating revenue outlook. The company expects TRASM of approximately 17% over 2019, and an approximate 10% operating margin for Q2.

United Airlines announced fourth quarter and full year 2021 financial results, achieving every major financial guidance target for the fourth quarter and setting a new Net Promoter Score (NPS) record in 2021, despite the Omicron variant impact. Bookings for spring travel and beyond remain strong, maintaining confidence in the 2023 and 2026 CASM-ex1 United Next targets.

United Airlines reported a net income of $0.5 billion for the third quarter of 2021, despite the impact of the COVID-19 Delta variant. The company remains on track to achieve its longer-term financial targets and reduce CASM-ex below 2019 levels next year. United plans to increase international capacity by 10% in 2022 while keeping domestic capacity flat to 2019.

United Airlines announced second-quarter 2021 financial results, reporting a net loss of $0.4 billion. However, the company expects positive adjusted pre-tax income in the third and fourth quarters of 2021 as travel demand rebounds. The company's second quarter performance largely exceeded original expectations as international long haul and business travel accelerated even faster than anticipated, together with continued yield improvement.

United Airlines announced first-quarter 2021 financial results, demonstrating a focus on future growth through cost reduction, customer program investments, and capitalizing on pent-up travel demand. The company is optimistic about returning to positive adjusted EBITDA margins and net income, driven by strong demand and strategic initiatives.

United Airlines announced Q4 and full-year 2020 financial results, reporting a net loss of $1.9 billion for the quarter and a 69% decrease in operating revenue compared to Q4 2019. However, the company has raised over $26 billion in liquidity and reduced core cash burn to $19 million per day.

United Airlines announced third-quarter 2020 financial results, demonstrating resilience through its three-pillar strategy: building liquidity, minimizing cash burn, and variabilizing costs. The company expects its third-quarter revenue performance to be the best among its large network competitors.

United Airlines reported a net loss of $1.6 billion and an adjusted net loss of $2.6 billion for the second quarter of 2020. Total operating revenues decreased by 87.1% year-over-year due to an 87.8% decrease in capacity. The company took aggressive actions to mitigate the impact of COVID-19 by raising liquidity and reducing cash burn, ending the quarter with $15.2 billion in liquidity.

United Airlines announced first quarter 2020 financial results with a net loss of $1.7 billion and outlined efforts to manage through the most disruptive global crisis in the history of aviation. The company's total liquidity as of April 29, 2020, was approximately $9.6 billion. The company currently expects daily cash burn to average between $40 million and $45 million during the second quarter of 2020.

United Airlines reached its 2020 adjusted EPS target of $11 to $13 a full year ahead of schedule. The company reported a fourth quarter net income of $641 million, diluted EPS of $2.53, and pre-tax earnings of $844 million.