AI English summary of an SEC filing — figures as filed

The company said total operating revenue for Q1 2026 rose 10.6% year over year to $14.6 billion, with net income of $699 million and diluted earnings per share of $2.14.

8-KResults of Operations and Financial ConditionFiled Apr 21, 2026Period of report Apr 21, 2026Summary published (UTC) Oct 2, 2026

Key points

AI summary

The company said total operating revenue for Q1 2026 rose 10.6% year over year to $14.6 billion, with net income of $699 million and diluted earnings per share of $2.14.
United Airlines said adjusted diluted earnings per share for Q1 were $1.19 and adjusted pre-tax earnings were $0.5 billion. It said fuel expense rose $340 million year over year.
The company said it generated $4.8 billion of operating cash flow and $2.9 billion of free cash flow in Q1, and repaid $3.1 billion of debt in the same quarter.
UAL said it plans to cut capacity by 5 points versus its original plan to reflect higher oil prices. It expects capacity in Q3 2026 and Q4 to be flat to up approximately 2% year over year.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q1 Revenue, Profit and Earnings per Share

The company said total operating revenue for Q1 2026 rose 10.6% year over year to $14.6 billion, with net income of $699 million and diluted earnings per share of $2.14.

Source · Based on the filing body and exhibits

Adjusted Metrics and Higher Fuel Costs

United Airlines said adjusted diluted earnings per share for Q1 were $1.19 and adjusted pre-tax earnings were $0.5 billion. It said fuel expense rose $340 million year over year.

Source · Based on the filing body and exhibits

Q1 Cash Flow and Debt Repayment

The company said it generated $4.8 billion of operating cash flow and $2.9 billion of free cash flow in Q1, and repaid $3.1 billion of debt in the same quarter.

Source · Based on the filing body and exhibits

Second-Half Capacity Plan Adjusted

UAL said it plans to cut capacity by 5 points versus its original plan to reflect higher oil prices. It expects capacity in Q3 2026 and Q4 to be flat to up approximately 2% year over year.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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