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United Airlines Holdings logoUnited Airlines Holdings UAL

The company said its total operating revenue for Q3 2026 was $17.9 billion, up 17.4% year over year, and that its net income was $1.0 billion and its diluted earnings per share were $3.14.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its total operating revenue for Q3 2026 was $17.9 billion, up 17.4% year over year, and that its net income was $1.0 billion and its diluted earnings per share were $3.14.

  2. United Airlines said its adjusted diluted earnings per share for Q3 2026 were $2.54 and its adjusted pre-tax earnings were $1.1 billion. It cited fuel expense, which rose $1.8 billion from Q3 2025, as a factor.

  3. The company said its capacity rose 1.3% in Q3 2026, while TRASM rose 15.9%, CASM rose 17.3% and CASM-ex rose 7.8%, each compared with Q3 2025.

  4. The company said its available liquidity was $17.7 billion as of the end of Q3 2026 and its total debt, finance lease obligations and other financial liabilities were $26.4 billion. It also said its free cash flow (non-GAAP) for Q3 was $(1,843) million.

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.

Q3 2026 revenue, net income and diluted EPS

The company said its total operating revenue for Q3 2026 was $17.9 billion, up 17.4% year over year, and that its net income was $1.0 billion and its diluted earnings per share were $3.14.

Source · Based on the filing body and exhibits

Adjusted metrics and higher fuel costs

United Airlines said its adjusted diluted earnings per share for Q3 2026 were $2.54 and its adjusted pre-tax earnings were $1.1 billion. It cited fuel expense, which rose $1.8 billion from Q3 2025, as a factor.

Source · Based on the filing body and exhibits

Q3 unit revenue and unit costs

The company said its capacity rose 1.3% in Q3 2026, while TRASM rose 15.9%, CASM rose 17.3% and CASM-ex rose 7.8%, each compared with Q3 2025.

Source · Based on the filing body and exhibits

Liquidity, debt and free cash flow

The company said its available liquidity was $17.7 billion as of the end of Q3 2026 and its total debt, finance lease obligations and other financial liabilities were $26.4 billion. It also said its free cash flow (non-GAAP) for Q3 was $(1,843) million.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.