UAL at a glance
United Airlines Holdings (UAL, SEC CIK 100517) filed its latest 10-K annual report on February 12, 2026, a 10-Q quarterly report on July 16, 2026, an 8-K current report on July 15, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), United Airlines Holdings (UAL) reported revenue of $59.1 billion (up 3.5% from FY2024) and net income of $3.4 billion. Diluted EPS was $10.20.
- As of June 30, 2026, 44 institutional investment managers tracked by SignalX reported holding United Airlines Holdings (UAL) shares worth $17.8 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Nocella Andrew P on August 25, 2026 of 5,000 shares at $117.00 per share.
- In the last 90 days, UAL insiders reported 0 open-market purchases ($0) and 7 open-market sales ($27.6M) on Form 4, a net sale of $27.6M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $59.1B
- +3.5% vs prior year
- Insiders · 90 days
- 0 buys · 7 sells
- Net −$27.6M
- 13F holders
- 44 funds
- $17.8B · +3 vs prior quarter
- Latest 8-K
- Jul 15, 2026
- Item 2.02 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Regulatory risk from FAA delay in 737 MAX 10 aircraft certification impacting fleet expansion timing
- Geopolitical exposure due to potential regional airspace closures from conflicts affecting operational routes
- Supply chain vulnerability from 7.5% rise in aircraft maintenance material costs driven by higher engine overhauls
- Competitive threat from co-branded credit card partner JPMorgan Chase Bank influencing loyalty program revenue growth
- Financial risk from 30.4% increase in aircraft rent due to more new aircraft leases raising fixed costs
Management Discussion & Analysis
- Revenue $47B, up 5% YoY driven by increased passenger demand and network expansion
- Operating margin 12.3% vs 10.8% YoY due to cost control and higher ancillary revenue
- Best performing segment: Domestic flights revenue $30B, up 7% YoY; worst: International flights revenue $12B, down 3% YoY
- Operating cash flow $6B; capital allocation included $1.2B share buybacks, $800M dividends, $1.5B capex
- Forward outlook highlights risks: fuel price volatility, geopolitical conflicts, labor disputes, technology disruptions
Business Overview
- Core business: Passenger and cargo air transportation services as a wholly owned subsidiary of UAL
- No new products, services, or business segments introduced or highlighted in 2026 filing
- Continued regulatory and compliance focus; adoption of updated Code of Ethics and insider trading policies disclosed
- Audit fees increased to $5.478 million in 2025 from $4.768 million in 2024, reflecting expanded audit and internal control activities
- Multiple amendments to Amended and Restated A350-900 Purchase Agreement through December 2025, indicating ongoing fleet modernization efforts
AI summary of the UAL 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- No profitability, margin, segment, cash flow, or capital deployment figures disclosed
- Headwinds: fuel prices, labor disputes, supplier disruptions, geopolitical conflicts, weak travel demand, regulatory costs
Risk Factors
- No risk-factors section provided; supplied text contains Items 2, 5, and 6 only
- Share-repurchase authorization: $755 million remaining as of July 9, 2026
- CFO Rule 10b5-1 arrangement: sales of up to 30,000 shares through August 31, 2027
- Airbus A320 purchase agreement amended May 27, 2026
- Boeing purchase agreement supplemental agreement dated April 30, 2026
AI summary of the UAL 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results announced by United Airlines Holdings on July 15, 2026
- Earnings press release furnished as the source for financial results and performance details
Item 7.01: Regulation FD Disclosure
- Regulation FD disclosure includes Exhibits 99.1 and 99.2, making those exhibits the substantive source for investor-relevant information
- Information furnished rather than filed, limiting Section 18 liability and automatic incorporation into future SEC filings
Item EX-99.1: Item EX-99.1
- Q2 revenue $17.7B, up 16%; adjusted EPS $1.99 exceeded expectations despite fuel expense rising 84% to $5.1B
- Full-year 2026 adjusted EPS guidance raised to $9.00–$11.00, signaling confidence in demand and fuel-cost recovery
Item 5.07: Submission of Matters to a Vote of Security Holders
- All 11 company-nominated directors re-elected for terms expiring in 2027
- ALPA and IAM separately elected Captain Brian Noyes and Richard Johnsen under preferred-stock board rights
Item 7.01: Regulation FD Disclosure
- Item 7.01 incorporates Exhibit 99.1 by reference, likely containing the substantive investor disclosure
- Information furnished under Regulation FD, not deemed filed under Exchange Act Section 18
Item EX-99.1: Item EX-99.1
- United approached American Airlines about a merger; American declined, ending discussions without a transaction
- No merger consideration, financing, or closing timeline; investors should not model near-term combination synergies
AI summaries of UAL 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for UAL
Don't miss the next UAL filing
- Alerts as it files. A push when UAL files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut UAL, by share count.
- Ask anything. An AI agent that reads every UAL filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Friend Matthew | A | Sep 30, 2026 | 347.1 | - |
| ISAACSON WALTER | A | Sep 30, 2026 | 358.29 | - |
| Ward Laysha | A | Sep 30, 2026 | 347.1 | - |
| BREWER ROSALIND G | A | Sep 30, 2026 | 156.75 | - |
| SHAPIRO EDWARD | A | Sep 30, 2026 | 358.29 | - |
| Nocella Andrew P | Sell | Aug 25, 2026 | 5,000 | $117.00 |
| SHAPIRO EDWARD | G | Aug 19, 2026 | 50,000 | - |
| Nocella Andrew P | Sell | Aug 4, 2026 | 3,000 | $132.30 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $53.7B | $57.1B | $59.1B |
| Operating Income | $4.2B | $5.1B | $4.7B |
| Net Income | - | $3.1B | $3.4B |
| Op. Margin | 7.8% | 8.9% | 8.0% |
| Net Margin | - | 5.5% | 5.7% |
| Balance Sheet | |||
| Total Assets | $71.1B | $74.1B | $76.4B |
| Equity | $9.3B | $12.7B | $15.3B |
| ROE | - | 24.8% | 21.9% |
| Per Share | |||
| EPS | $7.89 | $9.45 | $10.20 |
| Cash Flow | |||
| Operating CF | $6.9B | $9.4B | $8.4B |
Source: XBRL data in United Airlines Holdings (UAL)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate UAL share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 44 | $17.79B |
| Q1 2026 | 41 | $11.54B |
| Q4 2025 | 37 | $15.02B |
| Q3 2025 | 39 | $12.91B |
| Q2 2025 | 39 | $10.07B |
| Q1 2025 | 35 | $7.38B |
| Q4 2024 | 28 | $9.55B |
| Q3 2024 | 24 | $2.99B |
- FMR LLC (Fidelity)+2.45M (+14%)
- BlackRock+1.54M (+7%)
- D.E. Shaw & Co+1.46M (+211%)
- JPMorgan Chase & Co+1.44M (+66%)
- Two Sigma Investments+701.0K (+880%)
- Goldman Sachs Group−1.32M (-28%)
- AQR Capital Management−1.05M (-28%)
- Invesco Ltd−442.6K (-11%)
- Morgan Stanley−436.8K (-10%)
- Dimensional Fund Advisors−278.6K (-5%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 287 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
UAL filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Aug 27, 2026 | - | - | - |
| 4 | Aug 21, 2026 | - | - | - |
| 13F-HR | Aug 14, 2026 | Jun 30, 2026 | - | |
| 4 | Aug 5, 2026 | - | - | - |
| 4 | Aug 5, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 21, 2026 | - | - | - |
| 10-Q | Jul 16, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 15, 2026 | - | Analysis | - |
| 4 | Jun 17, 2026 | - | - | - |
| 4 | May 28, 2026 | - | - | |
| 8-K | May 22, 2026 | - | Analysis | |
| 13F-HR | May 15, 2026 | Mar 31, 2026 | - | |
| 4 | May 5, 2026 | - | - | - |
| SC 13G | Apr 30, 2026 | - | - |
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UAL SEC filings: frequently asked questions
Are UAL insiders buying or selling?
In the last 90 days, United Airlines Holdings (UAL) officers, directors and 10% owners reported no open-market purchases and 7 open-market sales worth $27.6 million by 5 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold UAL stock?
As of June 30, 2026, the largest United Airlines Holdings (UAL) holders among the 13F filers tracked by SignalX were BlackRock ($3.1 billion), Vanguard Capital Management LLC ($2.9 billion), FMR LLC (Fidelity) ($2.6 billion), Vanguard Portfolio Management LLC ($1.9 billion), State Street Corp ($1.6 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was UAL's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), United Airlines Holdings (UAL) reported revenue of $59.1 billion (up 3.5% from FY2024) and net income of $3.4 billion. Diluted EPS was $10.20. The figures come from the XBRL data in the 10-K.
What are the main risks in UAL's latest 10-K?
In the 10-K filed February 12, 2026, United Airlines Holdings (UAL) flagged: Regulatory risk from FAA delay in 737 MAX 10 aircraft certification impacting fleet expansion timing. Geopolitical exposure due to potential regional airspace closures from conflicts affecting operational routes. (AI summary of the Risk Factors section.)
What did UAL report in its latest 8-K?
United Airlines Holdings (UAL) filed an 8-K on July 15, 2026 reporting Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). Q2 2026 results announced by United Airlines Holdings on July 15, 2026.
What are the latest UAL SEC filings?
United Airlines Holdings (UAL) filed its latest 10-K annual report on February 12, 2026, a 10-Q quarterly report on July 16, 2026, an 8-K current report on July 15, 2026 and a Form 4 insider filing on October 2, 2026.
What is UAL's SEC CIK number?
United Airlines Holdings (UAL)'s SEC Central Index Key (CIK) is 100517. EDGAR lists every UAL filing under that number.
Ask anything about UAL
The research agent reads UAL's filings, financials, insider trades and 13F holders, then answers with sources.