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United Airlines Holdings (UAL) Q3 2026 Earnings: Revenue, EPS and Outlook

Q3 2026 (quarter ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • United Airlines Holdings: stated (no change given); revenue +17.4% vs a year earlier.

United Airlines Holdings's results for Q3 2026 (quarter ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-20. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP)$17,875 million (+17.4% vs a year earlier)
Diluted EPS (GAAP)$3.14
Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs)$2.54
Full-year guidanceStated (no change given)

Guidance

United expects Q4 2026 adjusted EPS of $0.50–1.50 and revenue growth above 20%; full-year adjusted capex about $7.5 billion.

Why this label: Only full-year figure is adjusted capex ~$7.5B (non-core, no prior); EPS guidance ($0.50-$1.50) and revenue growth are Q4-only.

MetricPeriodNewPrior (as stated in the release)
adjusted total capital expendituresFY2026~$7.5 billionnot stated

Next-quarter outlook:

MetricPeriodRange
adjusted diluted EPSQ4 2026$0.50–1.50
average aircraft fuel price per gallon (assumption)Q4 2026~$4.80
total operating revenue growthQ4 2026over 20% y/y

From the release

Revenue: "Total operating revenue · 17,875 · 15,225 · 17.4"

Earnings per share: "Diluted earnings per share of $3.14; adjusted diluted earnings per share 1 of $2.54."

adjusted total capital expenditures: "Adjusted total capital expenditures (in billions) 3 · - · ~$7.5"

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Record Q3 revenue of $17.9 billion, up 17%; fuel expense rose 62%.

Source

United Airlines Holdings earnings release (SEC filing), accession 0000100517-26-000184, filed 2026-10-20.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

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