UAL quarterly profits discussion in Q2 of 2025, as presented in the official call transcript for United Airlines Holdings, Inc.
### United Airlines Holds Q2 2025 Earnings Conference Call
United Airlines Holdings, Inc. (NASDAQ:UAL) recently conducted a Q2 2025 Earnings Conference Call on July 17, 2025. The call, which was open for questions and participation from analysts and investors, was moderated by Kristina Munoz Edwards (Managing Director of Investor Relations).
The call featured key speakers J. Scott Kirby (CEO & Director) and Torbjorn J. Enqvist (Executive VP & COO), along with other corporate participants including Andrew P. Nocella (Executive VP & Chief Commercial Officer), Michael D. Leskinen (Executive VP & CFO), and Kristina Munoz Edwards herself. The call was being facilitated by Krista.
#### Financial Performance Q2 2025
During the call, United Airlines reported a total operating revenue of $15.236 billion, representing a 1.7% increase from Q2 2024. Passenger revenue rose by 1.1% to $13.836 billion. However, net income fell to $973 million, a 26.4% decline compared to $1.323 billion in Q2 2024. This was largely due to rising operating expenses, which increased by 6.5% to $13.911 billion. Higher salaries and aircraft maintenance costs contributed significantly to the increase in operating expenses. Additionally, special charges of $447 million related to labor contracts impacted profit margins.
#### Earnings Forecast and Outlook
Despite the decline in net income, United Airlines recently raised its full-year 2025 earnings per share forecast to between $9.00 and $11.00, surpassing analyst expectations of $10.03. The company expects a positive inflection point in both supply and demand during the third quarter.
#### Earnings Call Transcripts
To access the earnings call transcripts for United Airlines Holdings Inc., you can visit the company's investor relations website ([ir.united.com](http://ir.united.com/)). Typically, transcripts are available shortly after earnings calls, providing detailed insights into the company's performance and future expectations.
#### Recent Reports and Press Releases
The Q2 2025 Earnings Report highlighted revenue growth and a strong cash position, with cash and short-term investments increasing to $15.6 billion. Additionally, preliminary financial and operational outlook for the third quarter and full-year 2025 are available in recent investor updates.
For more detailed analysis and news, you can also explore financial news platforms and stock market research tools like StockInvest.us, which provides insights and signals for various stocks, including UAL.
It is important to note that the call is not to be recorded, transcribed, or rebroadcast without the company's permission. The call is part of a series of earnings call transcripts and is being copyrighted. The conference call participants included various analysts from firms such as BofA Securities, Barclays, Goldman Sachs, Melius Research, Sanford Bernstein, Evercore ISI, JPMorgan Chase, Wolfe Research, Citigroup, TD Cowen, UBS Investment Bank, and unidentified companies. Participation implies consent to the recording of the call.
Investors interested in learning more about United Airlines' financial performance may find the Q2 2025 Earnings Call transcripts helpful, which can be accessed on the company's investor relations website (ir.united.com).
Analysts who participated in the Q2 2025 Earnings Conference Call represented diverse finance firms, such as BofA Securities, Barclays, Goldman Sachs, Melius Research, Sanford Bernstein, Evercore ISI, JPMorgan Chase, Wolfe Research, Citigroup, TD Cowen, UBS Investment Bank, and unidentified companies, demonstrating a broad investment interest in United Airlines' business.