StockWatch
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Air Freight/Delivery Services
Quarterly ResultJul 15, 2026, 04:02 PM

United Airlines Q2 Adj. EPS $1.99; Raises FY26 Guidance to $9.00-$11.00

AI Summary

United Airlines Holdings, Inc. reported strong second-quarter 2026 financial results, with adjusted diluted EPS of $1.99 and total operating revenue up 16.0% year-over-year to $17.7 billion, exceeding Wall Street expectations. Despite a nearly $6 billion increase in anticipated fuel costs for the full year, the company raised its full-year 2026 adjusted diluted EPS guidance to $9.00-$11.00. Operational highlights included improved on-time performance, significant Starlink deployment, and strengthening of its balance sheet with new liquidity and debt repayment.

Key Highlights

  • Q2 2026 adjusted diluted EPS was $1.99, exceeding expectations.
  • Total operating revenue for Q2 2026 increased 16.0% YoY to $17.7 billion.
  • Raised full-year 2026 adjusted diluted EPS guidance to $9.00-$11.00.
  • Q3 2026 adjusted diluted EPS guidance set at $2.50-$3.50.
  • Anticipates nearly $6 billion in added fuel expense for full-year 2026.
  • Installed Starlink on 450 aircraft, targeting 1,000 by year-end.
  • Generated $1.6 billion in operating cash flow and $322 million in free cash flow.
  • Raised $3.7 billion in new liquidity and pre-paid $1 billion in higher-cost debt.