Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Higher fares mostly paid the fuel bill
Revenue rose 17.4%, but operating income rose only 3.7% as fuel cost grew far faster.
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Other revenue, mostly miles sold to partners, is 6.2% of sales yet rivals the whole operating profit.
Credits, mostly gains on selling aircraft and renting them back, turned a year-on-year decline into growth.
Net income was $1.0B, but operating cash covered only about a fifth of capital spending.
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Business Lens describes United Airlines Holdings from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.