United Airlines (NASDAQ: UAL) releases 2025 results and outlook update

Rhea-AI Filing Summary

United Airlines Holdings, Inc. and its subsidiary United Airlines, Inc. reported that on January 20, 2026 they released their financial results for the fourth quarter and full year of 2025. The companies issued an earnings press release describing these results and made it available as an exhibit. On the same day, they also posted an investor update on their investor relations website, providing additional details on the business outlook, including selected financial and operational guidance. Both the earnings press release and the investor update are being furnished as exhibits rather than formally filed, which means they are not automatically subject to certain securities law liabilities or incorporated into other regulatory reports unless specifically referenced.

8-Kfalse1/20/2600001005170000319687☐☐☐☐Common Stock, $0.01 par valueUALThe Nasdaq Stock Market LLC☐00001005172026-01-202026-01-200000100517ual:UnitedAirLinesIncMember2026-01-202026-01-200000100517us-gaap:CommonStockMember2026-01-202026-01-200000100517us-gaap:WarrantMember2026-01-202026-01-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 20, 2026

UNITED AIRLINES HOLDINGS, INC.

UNITED AIRLINES, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-06033

36-2675207

Delaware

001-10323

74-2099724

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of incorporation)

Identification Number)

233 S. Wacker Drive,

Chicago,

IL

60606

233 S. Wacker Drive,

Chicago,

IL

60606

(Address of principal executive offices)

(Zip Code)

(872) 825-4000

(872) 825-4000

Registrant's telephone number, including area code 

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Registrant

Title of Each Class

Trading Symbol

Name of Each Exchange on Which Registered

United Airlines Holdings, Inc.

Common Stock, $0.01 par value

UAL

The Nasdaq Stock Market LLC

United Airlines Holdings, Inc.

Preferred Stock Purchase Rights

None

The Nasdaq Stock Market LLC

United Airlines, Inc.

None

None

None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging  growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.02 Results of Operations and Financial Condition.

On January 20, 2026, United Airlines Holdings, Inc. ("UAL"), the holding company whose subsidiary is United Airlines, Inc. ("United," and together with UAL, the "Company"), issued a press release (the "Earnings Press Release") announcing the financial results of the Company for the fourth quarter and full year of 2025. A copy of the Earnings Press Release is furnished pursuant to this Item 2.02 as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein in its entirety.

Item 7.01 Regulation FD Disclosure.

On January 20, 2026, the Company posted on its investor relations website at ir.united.com an investor update (the "Investor Update") providing additional information on the Company's business outlook (including certain financial and operational guidance). A copy of the Investor Update is furnished pursuant to this Item 7.01 as Exhibit 99.2 to this Current Report on Form 8-K and incorporated by reference herein in its entirety. The Investor Update should be read in conjunction with the Earnings Press Release. The Company reserves the right to discontinue availability of the Investor Update from its website at any time.

Pursuant to General Instruction B.2. to Form 8-K, the information set forth in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities thereof, nor shall it be incorporated by reference into future filings by the Company under the Exchange Act or under the Securities Act of 1933, as amended, except to the extent specifically provided in any such filing. Additionally, the submission of the information set forth in this Item 7.01 is not deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely by Regulation FD.

Item 9.01 Financial Statements and Exhibits.

99.1						Press Release issued by United Airlines Holdings, Inc. dated January 20, 2026
99.2						Investor Update issued by United Airlines Holdings, Inc. dated January 20, 2026
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNITED AIRLINES HOLDINGS, INC.
UNITED AIRLINES, INC.
By:			/s/ Michael Leskinen
Name:			Michael Leskinen
Title:			Executive Vice President and Chief Financial Officer

Date: January 20, 2026

2

FAQ

What did United Airlines Holdings (UAL) announce on January 20, 2026?

On January 20, 2026, United Airlines Holdings, Inc. announced the fourth quarter and full-year 2025 financial results for the company and its subsidiary United Airlines, Inc. through an earnings press release.

What documents did UAL furnish with this current report?

The company furnished two key documents as exhibits: an earnings press release for Q4 and full-year 2025 (Exhibit 99.1) and an investor update with additional outlook and guidance information (Exhibit 99.2).

Where can investors find United Airlines' investor update for 2025?

The investor update was posted on the companys investor relations website at ir.united.com and is also included as Exhibit 99.2 to the report. The company notes it may discontinue website availability at any time.

Does United Airlines consider the 2025 earnings materials to be filed with the SEC?

No. The company states that the information in the earnings press release and investor update, furnished as Exhibits 99.1 and 99.2, is being furnished and not filed, so it is not automatically subject to Section 18 liability or incorporated into other filings unless specifically provided.

What type of information is in United Airlines' 2025 investor update?

The investor update includes additional information on the companys business outlook, specifically mentioning certain financial and operational guidance that complements the earnings press release.

Who signed the United Airlines January 20, 2026 current report?

The report was signed on behalf of United Airlines Holdings, Inc. and United Airlines, Inc. by Michael Leskinen, Executive Vice President and Chief Financial Officer.