United Airlines Holdings (UAL) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $1.99
- EPS estimate
- $1.90
- EPS surprise
- +4.74%
- Revenue surprise
- +0.42%
- Revenue
- $17.7B
- Revenue estimate
- $17.6B
- Reported
- Jul 15, 2026
United Airlines reported Q2 2026 results on July 15, 2026. Earnings per share were $1.99, ahead of the $1.90 estimate by 4.74%. Revenue was $17.7 billion, 0.42% above the $17.6 billion consensus, the highest in the table. Compared with Q2 2025, revenue rose about 16% from $15.2 billion, but EPS fell about 49% from $3.87.
United lost money in Q3 2021, Q4 2021 and Q1 2022, when the loss reached $4.24 per share. Q1 2023 and Q1 2024 were also losses. Annual EPS rose from $2.46 in 2022 to $10.05 in 2023, $10.58 in 2024 and $10.66 in 2025. Revenue grew every year, from $45.0 billion in 2022 to $59.0 billion in 2025. The first half of 2026 adds up to $3.18, about 33% less than a year earlier. The EPS high in the table is Q2 2023, at $5.03. Over the last 20 quarters, United beat the EPS estimate 18 times. The largest miss was Q2 2022, at 22.91% below.
United reported Q3 between October 15 and October 19 in each of the past five years. That points to mid-October 2026 for the next report. It will show whether the gap between rising revenue and lower EPS persists.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 15, 2026 | $1.90 | $1.99 | +4.74% | $17.7B | SEC |
| Q1 2026 | Apr 21, 2026 | $1.08 | $1.19 | +10.36% | $14.6B | SEC |
| Q4 2025 | Jan 20, 2026 | $2.93 | $3.10 | +5.80% | $15.4B | SEC |
| Q3 2025 | Oct 15, 2025 | $2.65 | $2.78 | +4.75% | $15.2B | SEC |
| Q2 2025 | Jul 16, 2025 | $3.81 | $3.87 | +1.57% | $15.2B | SEC |
| Q1 2025 | Apr 15, 2025 | $0.75 | $0.91 | +21.40% | $13.2B | SEC |
| Q4 2024 | Jan 21, 2025 | $3.04 | $3.26 | +7.31% | $14.7B | SEC |
| Q3 2024 | Oct 15, 2024 | $3.17 | $3.33 | +5.20% | $14.8B | SEC |
| Q2 2024 | Jul 17, 2024 | $3.93 | $4.14 | +5.31% | $15.0B | SEC |
| Q1 2024 | Apr 16, 2024 | −$0.54 | −$0.15 | +72.31% | $12.5B | SEC |
| Q4 2023 | Jan 22, 2024 | $1.69 | $2.00 | +18.62% | $13.6B | SEC |
| Q3 2023 | Oct 17, 2023 | $3.38 | $3.65 | +8.05% | $14.5B | SEC |
| Q2 2023 | Jul 19, 2023 | $4.03 | $5.03 | +24.92% | $14.2B | SEC |
| Q1 2023 | Apr 18, 2023 | −$0.73 | −$0.63 | +14.18% | $11.4B | SEC |
| Q4 2022 | Jan 17, 2023 | $2.11 | $2.46 | +16.65% | $12.4B | SEC |
| Q3 2022 | Oct 18, 2022 | $2.28 | $2.81 | +23.35% | $12.9B | SEC |
| Q2 2022 | Jul 20, 2022 | $1.86 | $1.43 | −22.91% | $12.1B | SEC |
| Q1 2022 | Apr 20, 2022 | −$4.22 | −$4.24 | −0.58% | $7.6B | SEC |
| Q4 2021 | Jan 19, 2022 | −$2.09 | −$1.60 | +23.49% | $8.2B | SEC |
| Q3 2021 | Oct 19, 2021 | −$1.58 | −$1.02 | +35.58% | $7.8B | SEC |
Quarterly revenue
Frequently asked questions
When did United Airlines Holdings (UAL) last report earnings?
United Airlines Holdings last reported on Jul 15, 2026, covering fiscal Q2 2026.
Did UAL beat earnings estimates?
Yes. United Airlines Holdings reported EPS of $1.99 for Q2 2026 against a $1.90 estimate — a 4.74% beat.
How much revenue did UAL report last quarter?
United Airlines Holdings reported $17.7B in revenue for Q2 2026, against a consensus estimate of $17.6B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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