Business
United Airlines Q4 and Full Year EPS Beat Wall Street Expectations, With Full Year EPS Up Year-Over-Year
United Airlines (UAL) today reported fourth-quarter and full-year 2025 financial results that exceeded Wall Street expectations and were within guidance. The airline's diluted earnings per share of $10.20 and adjusted diluted earnings per share1 of $10.62 for 2025 rose versus 2024.
About this update from United Airlines Holdings, Inc.
[{"type":"text","content":"Delivered FY25 diluted earnings per share of $10.20 up 8% year-over-year; adjusted diluted earnings per share1 of $10.62 up year-over-year and expects to be the only U.S. airline to grow adjusted EPS1 for FY25","length":209,"tagName":"p","attribs":{}},{"type":"text","content":"Q4 diluted earnings per share of $3.19; adjusted diluted earnings per share1 of $3.10 — within initial guidance range of $3.00 to $3.50","length":135,"tagName":"p","attribs":{}},{"type":"text","content":"Q4 revenue of $15.4 billion was the highest quarterly revenue in United history and highest quarterly unit revenue for 2025","length":123,"tagName":"p","attribs":{}},{"type":"text","content":"Flew a record 181 million passengers and ranked #2 in on-time departures for the year, with the lowest seat cancellation rate in company history","length":144,"tagName":"p","attribs":{}},{"type":"text","content":"United continues to win brand-loyal customers with new and updated aircraft and investments in infrastructure and technology","length":124,"tagName":"p","attribs":{}},{"type":"text","content":"Eclipsed 5,000 peak daily flights in summer 2025 and grew faster than any other U.S. airline in 2025 while setting a fourth-quarter company record for Net Promoter Score, including United's highest-ever monthly NPS in November despite the government shutdown","length":267,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, Jan. 20, 2026 /PRNewswire/ -- United Airlines (UAL) today reported fourth-quarter and full-year 2025 financial results that exceeded Wall Street expectations and were within guidance. The airline's diluted earnings per share of $10.20 and adjusted diluted earnings per share1 of $10.62 for 2025 rose versus 2024.","length":330,"tagName":"p"},{"type":"text","content":"The company delivered full-year pre-tax earnings of $4.3 billion, with a pre-tax margin of 7.3%, and adjusted pre-tax earnings1 of $4.6 billion, with an adjusted pre-tax margin1 of 7.8%. Total operating revenue for the year grew 3.5% year-over-year to $59.1 billion — the highest in United history. The company generated $8.4 billion of operating cash flow and $2.7 billion in free cash flow1 in 2025, and expects to generate a similar level of free cash flow2 in 2026.","length":469,"tagName":"p"},{"type":"text","content":""Our results are built on winning more...