UA
UAL
Quarter ended Mar 31, 2023 · FY2023 Q1

United Airlines Holdings (UAL) Revenue — Quarter Ended Mar 31, 2023

Revenue for the quarter declined compared to the immediately preceding period but increased significantly compared to the same period a year earlier.

Key takeaway

Quarter ended Mar 31, 2023 · FY2023 Q1

Revenue for the quarter declined compared to the immediately preceding period but increased significantly compared to the same period a year earlier.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$11.4B

Revenue reported for this quarter.

Quarter-over-quarter

-7.8%

Change from the immediately preceding quarter.

Year-over-year

+51.1%

Change from the comparable year-ago quarter.

Trailing four quarters

$48.8B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2022$12.1B+121.4%
Sep 30, 2022$12.9B+66.2%
Dec 31, 2022$12.4B+51.4%
Mar 31, 2023$11.4B+51.1%

Revenue performance

The company's total operating revenue decreased versus the prior quarter.

Quarterly comparison

Sequential comparison shows a decline, while year-over-year comparison shows a substantial increase.

What to watch

Watch for whether the sequential decline persists or reverses in upcoming quarters.