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What changed in United Airlines Holdings, Inc.'s latest annual report

In the year ended 31 Dec 2025, United Airlines Holdings, Inc.'s revenue rose 3.5% to USD 59.07bn, from USD 57.06bn; net income rose 6.5% to USD 3.35bn, from USD 3.15bn; cash and cash equivalents fell 32.2% to USD 5.94bn, from USD 8.77bn.

Year ended 31 Dec 2025. Source: 10-K filed 12 Feb 2026, read it on SEC EDGAR.

USD 57.06bn to USD 59.07bn

Revenue, up 3.5% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue57.06bn59.07bnUp 3.5%
Net income3.15bn3.35bnUp 6.5%
Total assets74.08bn76.45bnUp 3.2%
Long-term debt21.68bn17.17bnDown 20.8%
Cash and cash equivalents8.77bn5.94bnDown 32.2%
Shareholders' equity12.68bn15.28bnUp 20.6%

Questions people ask

Did United Airlines Holdings, Inc.'s revenue grow last year?

Revenue grew 3.5%, from USD 57.06bn to USD 59.07bn in the year ended 31 Dec 2025.

Is United Airlines Holdings, Inc. profitable?

Yes. Net income was USD 3.35bn in the year ended 31 Dec 2025. The year before: USD 3.15bn.

How much cash and debt does United Airlines Holdings, Inc. have?

At its latest year end (31 Dec 2025), United Airlines Holdings, Inc. reported cash and cash equivalents of USD 5.94bn and long-term debt of USD 17.17bn.

Where do these numbers come from?

From United Airlines Holdings, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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United Airlines Holdings, Inc. (UAL) 10-K: what changed year on year | LYNORIQ Insights