FINHUB Insights

UAL · Q3 FY25 · Jul 1 – Sep 30, 2025

United Airlines Q3 FY25: where the revenue came from and where it went

United Airlines Q3 FY25: revenue $15.2B (+3% year over year). Net profit $0.9B. Largest cohort Passenger $13.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Oct 16, 2025 10-Q
Sankey diagram of United Airlines's income statement for Q3 FY25: revenue of $15.23 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$15.23B +3% year over year
Operating profit$1.26B 8% margin
Net profit$0.95B 6% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 15.23 100% +3%
Passenger 13.82 91% +2%
Product & service other 0.98 6% +13%
Cargo & freight 0.43 3% +3%
Compensation−4.5630%+1pp
D&A−0.735%+0pp
Interest−0.332%+0pp
Underwriting−2.5517%+1pp
Other−5.8138%+0pp
Operating profit1.268% margin+0pp
Tax−0.31
Net profit0.956%+0pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.