United Airlines Holdings (UAL) Revenue — Quarter Ended Sep 30, 2024
Total operating revenue was lower than the preceding quarter but above the same quarter one year earlier. The sequential decline reflects a typical seasonal pattern.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Total operating revenue was lower than the preceding quarter but above the same quarter one year earlier. The sequential decline reflects a typical seasonal pattern.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.8B
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$56B
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, 2023 | $13.6B | +9.9% |
| Mar 31, 2024 | $12.5B | +9.7% |
| Jun 30, 2024 | $15B | +5.7% |
| Sep 30, 2024 | $14.8B | +2.5% |
Revenue performance
Revenue decreased compared to the immediately preceding quarter, while it increased relative to the same quarter a year ago.
Quarterly comparison
The reported revenue is lower than the prior quarter but higher than the same period in the prior year. All revenue components showed year-over-year growth, with cargo revenue posting the strongest gain.
What to watch
Operating income declined despite higher revenue year-over-year, due to increased operating expenses.