secwatch.observer — SEC 8-K summary
======================================

Issuer:     United Airlines Holdings, Inc. (UAL)
CIK:        0000100517
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0000100517-26-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100517/000010051726000014/0000100517-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100517/000010051726000014/ual-20260120.htm
  HTML page:      https://secwatch.observer/filing/0000100517-26-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer