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United Airlines

United Airlines (NASDAQ: UAL) net income

United Airlines reported a net profit of $3,353m for fiscal 2025, 6.5% more than in fiscal 2024 ($3,149m). Its net margin was 5.7%. Earnings per share were $10.32.

Net income, in millions of US dollars2,23420162,14320172,12220183,0092019-7,0692020-1,9642021737.020222,61820233,14920243,3532025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$3,353m+6.5%5.7%$10.32
2024$3,149m+20.3%5.5%$9.58
2023$2,618m+255.2%4.9%$7.98
2022$737.0m—1.6%$2.26
2021−$1,964m—−8.0%−$6.10
2020−$7,069m−334.9%−46.0%−$25.30
2019$3,009m+41.8%7.0%$11.63
2018$2,122m−1.0%5.1%$7.73
2017$2,143m−4.1%5.7%$7.04
2016$2,234m—6.1%$6.86

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of United Airlines

How much did United Airlines earn in fiscal 2025?
United Airlines reported a net profit of $3,353m for fiscal 2025. In fiscal 2024 it reported a net profit of $3,149m.
What are the earnings per share of United Airlines?
They were $10.32 in fiscal 2025, compared with $9.58 in fiscal 2024.
What is the net margin of United Airlines?
In fiscal 2025 its net profit was 5.7% of its revenue.
What was the most profitable year for United Airlines?
Of its last 10 fiscal years, fiscal 2025, with $3,353m.
Where do the figures for United Airlines come from?
From the annual report (Form 10-K) that United Airlines files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that United Airlines files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on United Airlines: the United Airlines page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.