United Airlines (UAL) revenue breakdown

Industrials · Airlines · Market cap $32.5B

By product, Passenger revenue is the largest at 90% of fiscal 2025 revenue; Other operating revenue grew fastest, 6% a year over 9 years.

Revenue by product

Fiscal years, as United Airlines reports them in its 10-K filings; fiscal 2025 total $59.1B.

Products2016201720182019202020212022202320242025Share
Passenger revenue$33.4B$34.5B$37.7B$39.6B$11.8B$20.2B$40.0B$49.0B$51.8B$53.4B 90%
Other operating revenue$2.2B$2.2B$2.4B$2.5B$1.9B$2.1B$2.8B$3.2B$3.5B$3.9B 7%
Cargo revenue$934M$1.1B$1.2B$1.2B$1.6B$2.3B$2.2B$1.5B$1.7B$1.8B 3%
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Questions

Where does United Airlines make its money?

In fiscal 2025, by product: Passenger revenue $53.4B, Other operating revenue $3.9B, Cargo revenue $1.8B.

From United Airlines's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.