United Airlines could hit record earnings after strong start to 2026

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A United Airlines airplane undergoes work astatine the George Bush Intercontinental Airport connected Nov. 6, 2025 successful Houston, Texas.

Brandon Bell | Getty Images

United Airlines connected Tuesday said it could make grounds net this twelvemonth acknowledgment to beardown question demand, with income of premium seats, concern question and no-frills tickets robust successful caller weeks.

The bearer expects adjusted net per stock of betwixt $12 and $14 this year, successful enactment with the $13.16 analysts expected. For the archetypal quarter, United forecast per-share net of $1 to $1.50, portion analysts had estimated $1.13 a share.

United joined its rival Delta Air Lines successful forecasting imaginable grounds net for the year. The 2 carriers accounted for astir each of the U.S. hose industry's nett successful the archetypal 9 months of 2025. Other airlines are acceptable to study aboriginal this month.

United's portion gross fell 1.6% successful the 4th fourth compared with past year. Still, United said premium gross roseate 9% successful the 4th fourth and 11% for the afloat twelvemonth implicit 2024. Restrictive basic-economy summons sales, which vie with discount airlines, were up 7% successful the past 3 months of 2025.

Most airlines are chasing gross from higher-priced tickets similar archetypal class, racing to adhd successful fresh, caller cabins that bid a premium.

Here is what United Airlines reported for the quarter that ended Dec. 31 compared with what Wall Street was expecting, based connected estimates compiled by LSEG:

  • Earnings per share: $3.10 adjusted vs. $2.94 expected
  • Revenue: $15.4 cardinal vs. $15.4 cardinal expected

The carrier's fourth-quarter nett roseate 6% from a twelvemonth earlier to $1.04 billion, oregon $3.19 a share, portion capableness roseate 6.5% from the aforesaid play successful 2024. Adjusting for one-time items, United posted net of $1.01 billion, oregon $3.10 a share.

United CEO Scott Kirby has expressed confidence successful the airline's maturation plan, saying successful an interrogation with CNBC past twelvemonth that "customers are choosing us."

Why airlines request  for first-class seats delayed Boeing and Airbus production

The longest-ever government shutdown successful the 4th fourth deed pretax United results by $250 million, the institution said. Air postulation controller shortages sparked delays and dented bookings but recovered, hose executives said.

United reported adjusted, full-year 2025 net of $10.20 a share, up 8% twelvemonth implicit year, aft the bearer had antecedently lowered its forecast for the year. The hose besides reported adjusted nett income of $3.5 cardinal for the year, up 6% from a twelvemonth earlier.

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