FINHUB Insights

UAL · Q1 FY26 · Jan 1 – Mar 31, 2026

United Airlines Q1 FY26: where the revenue came from and where it went

United Airlines Q1 FY26: revenue $14.6B (+11% year over year). Net profit $0.7B. Largest cohort Passenger $13.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 22, 2026 10-Q
Sankey diagram of United Airlines's income statement for Q1 FY26: revenue of $14.61 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$14.61B +11% year over year
Operating profit$0.87B 6% margin
Net profit$0.70B 5% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 14.61 100% +11%
Passenger 13.17 90% +11%
Product & service other 1.02 7% +11%
Cargo & freight 0.42 3% −2%
Compensation−4.5631%+0pp
D&A−0.765%+0pp
Interest−0.332%+0pp
Underwriting−2.5417%+0pp
Other−5.5538%+0pp
Operating profit0.876% margin+2pp
Tax−0.17
Net profit0.705%+2pp
Filing on EDGAR More quarters of UAL

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.