United Airlines Holdings (UAL) Revenue — Quarter Ended Sep 30, 2023
United Airlines' total operating revenue increased in the third quarter compared to both the prior quarter and the same quarter last year. The company reported higher revenue than in the second quarter of 2023 and the third quarter of 2022.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
United Airlines' total operating revenue increased in the third quarter compared to both the prior quarter and the same quarter last year. The company reported higher revenue than in the second quarter of 2023 and the third quarter of 2022.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.5B
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+12.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$52.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $12.4B | +51.4% |
| Mar 31, 2023 | $11.4B | +51.1% |
| Jun 30, 2023 | $14.2B | +17.1% |
| Sep 30, 2023 | $14.5B | +12.5% |
Revenue performance
Revenue rose from the preceding quarter and from the year-ago period.
Quarterly comparison
Sequentially, revenue was modestly higher than the second quarter. Year over year, revenue showed a substantial gain.
What to watch
The sustainability of revenue growth in the upcoming quarters will be monitored.