---
schema_version: "secwatch.filing_event.v1"
accession: "0000100517-25-000087"
form_type: "8-K"
ticker: "UAL"
cik: "0000100517"
company_name: "United Airlines Holdings, Inc."
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T14:10:50.588329+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UAL Q1 record revenue $13.2B, EPS $1.16, pre-tax margin ahead of consensus, removing 4 pts domestic capacity in Q3

## Summary
- Q1 pre-tax earnings $478M (margin 3.6%), adjusted $391M (3.0%); diluted EPS $1.16, adjusted EPS $0.91, within guidance.
- Record Q1 revenue $13.2B; TRASM +0.5% YoY; premium cabin +9.2%, business +7.4%.
- Removed 4 points of scheduled domestic capacity starting Q3 2025; expects resilient Q2 and full-year earnings.
- YTD repurchased $451M in shares; Q1 operating cash flow $3.7B, free cash flow over $2B.
- International RASM: Atlantic +4.7%, Pacific +8.5%; cargo +9.7%, loyalty +9.4% YoY.

## SEC filing metadata
- accession: 0000100517-25-000087
- form_type: 8-K
- ticker: UAL
- cik: 0000100517
- company_name: United Airlines Holdings, Inc.
- filed_at: 2025-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100517/000010051725000087/0000100517-25-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100517/000010051725000087/ual-20250415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000100517-25-000087
- JSON: https://secwatch.observer/filing/0000100517-25-000087.json
- Plain text: https://secwatch.observer/filing/0000100517-25-000087.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.