ual: the income statement

MyFinsight

For the quarter ending 2025-09-30, UAL made $15,225M in revenue. $949M in net income. Net profit margin of 6.23%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total operating revenue	15,225	15,236	13,213	14,843
Salaries and related costs	4,555	4,413	4,155	4,323
Aircraft fuel	2,997	2,775	2,701	2,993
Landing fees and other rent	1,002	961	873	866
Aircraft maintenance materials and outside repairs	779	865	731	765
Depreciation and amortization	730	733	727	742
Regional capacity purchase	686	676	650	651
Distribution expenses	555	487	496	574
Aircraft rent	54	67	51	65
Special charges (credits)	-73	447	-108	-5
Other operating expenses	2,546	2,487	2,326	2,304
Total operating expense	13,830	13,911	12,605	13,278
Operating income	1,395	1,325	607	1,565
Interest expense	331	361	356	379
Interest income	142	167	164	187
Interest capitalized	53	51	48	53
Unrealized losses on investments, net	-13	26	-21	-90
Miscellaneous, net	9	41	36	-50
Total nonoperating expense, net	-141	-77	-129	-279
Income before income taxes	1,255	1,248	478	1,286
Income tax expense	306	275	91	321
Net income	949	973	387	965

Basic weighted-average shares outstanding (in shares)	323,700,000	324,600,000	327,700,000	329,000,000
Diluted weighted-average shares outstanding (in shares)	326,900,000	327,200,000	333,000,000	332,700,000
Earnings per share, basic (in dollars per share)	2.93	3	1.18	2.93
Earnings per share, diluted (in dollars per share)	2.9	2.97	1.16	2.9