Form 10-Q · Quarterly report
United Airlines Holdings 10-Q, filed Jul 16, 2026
- Filed
- CIK
- 0000100517
- Accession no.
- 0000100517-26-000139
Summary
United Airlines Holdings reported second-quarter 2026 net income of $805 million, down 17.3% from a year earlier, even as operating revenue rose 16.0% to $17.672 billion. The company attributed the profit decline primarily to an 84.1% jump in aircraft fuel expense, driven by a higher average fuel price and increased flight activity.
Key points
- Second-quarter operating revenue rose 16.0% to $17.672 billion, while operating income fell 17.3% to $1.096 billion.
- Aircraft fuel expense increased 84.1% to $5.110 billion in the second quarter of 2026, with the average fuel price per gallon up 79.4% to $4.19.
- Passenger revenue rose 16.4% to $16.100 billion on a 12.1% increase in yield and 5.4% more passengers.
- For the first six months of 2026, net income rose 10.5% to $1.504 billion on operating revenue of $32.280 billion.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT'S DISCUSSION RESULTS OF OPERATIONS The following discussion provides an analysis of our results of operations and reasons for material changes therein for the three and six months ended June 30, 2026, as compared to the corresponding period in 2025. Second Quarter 2026 Compared to Second Quarter 2025 Significant components of the Company's operating results for the three months ended June 30 are as follows (in millions, except percentage changes): 2026 2025 Increase (Decrease) % Change Operating revenue $ 17,672 $ 15,236 $ 2,436 16.0 Operating expense 16,576 13,911 2,665 19.2 Operating income 1,096 1,325 (229) (17.3) Nonoperating expense, net (69) (77) (7) (9.5) Income…
An excerpt of the text as filed with the SEC, cut for length.
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