United Airlines Holdings, Inc. revenue by segment UAL

United Airlines Holdings, Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Passenger at $53.4 billion, 90% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
65,553
59,070
57,063
53,717
44,955
24,634
15,355
43,259
41,303
37,736
36,556
Passenger
59,433
+12.6%
share 90.7%
53,438
+3.1%
share 90.5%
51,829
+5.7%
share 90.8%
49,046
+22.5%
share 91.3%
40,032
+98.2%
share 89.0%
20,197
+71.1%
share 82.0%
11,805
-70.2%
share 76.9%
39,625
+5.1%
share 91.6%
37,706
+9.4%
share 91.3%
34,460
share 91.3%
—
Product And Service Other
4,151
+10.1%
share 6.3%
3,853
+10.4%
share 6.5%
3,491
+9.9%
share 6.1%
3,176
+15.4%
share 5.9%
2,752
+31.8%
share 6.1%
2,088
+9.8%
share 8.5%
1,902
-22.5%
share 12.4%
2,455
+4.0%
share 5.7%
2,360
+6.8%
share 5.7%
2,210
share 5.9%
—
Cargo And Freight
1,967
+8.6%
share 3.0%
1,779
+2.1%
share 3.0%
1,743
+16.6%
share 3.1%
1,495
-31.1%
share 2.8%
2,171
-7.6%
share 4.8%
2,349
+42.5%
share 9.5%
1,648
+39.8%
share 10.7%
1,179
-4.7%
share 2.7%
1,237
+11.0%
share 3.0%
1,114
share 3.0%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Air Transportation, Scheduled (SIC 4512)
Listed as
UAL (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Chicago, IL
SEC filer status
Large accelerated filer
SEC CIK
100517
Former names
United Continental Holdings, Inc. (until Jun 27, 2019); UAL CORP /DE/ (until Sep 30, 2010)

Other Air Transportation, Scheduled companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.