United Airlines Q4 EPS $3.19, FY EPS $10.20; revenue record $15.4B

United Airlines Holdings, Inc.

2025-FY EPS reported $10.20 revenue$59,070,000,000

Full-year diluted EPS $10.20 (up 8% YoY); adjusted diluted EPS $10.62.
Q4 diluted EPS $3.19; adjusted $3.10 within guidance of $3.00-$3.50.
Q4 revenue $15.4B (record quarterly); full-year revenue $59.1B up 3.5%.
Pre-tax earnings $4.3B (7.3% margin); adjusted $4.6B (7.8% margin).
Operating cash flow $8.4B, free cash flow $2.7B in 2025; expects similar 2026 FCF.

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