FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

UAL
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 91% to $267.0M, and covered net income 0.33×.

CASH FROM OPS -66.5%
1,610 9.1% MGN
CAPITAL EXPENDITURE -19.7%
1,343
FREE CASH FLOW -91.5%
267
FCF / NET INCOME -92.6%
0.33× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
965 985 387 973 949 1,044 699 805 +15.2% -17.3% 3,497 2024-09-30 · $965.0M2024-12-31 · $985.0M2025-03-31 · $387.0M2025-06-30 · $973.0M2025-09-30 · $949.0M2025-12-31 · $1.0B2026-03-31 · $699.0M2026-06-30 · $805.0M
Depreciation & amortization
10-Q
742 759 727 733 730 749 756 762 +0.8% +4.0% 2,997
Cash from operations
1,498 2,224 3,710 2,217 1,218 1,286 4,799 1,610 -66.5% -27.4% 8,913 2024-09-30 · $1.5B2024-12-31 · $2.2B2025-03-31 · $3.7B2025-06-30 · $2.2B2025-09-30 · $1.2B2025-12-31 · $1.3B2026-03-31 · $4.8B2026-06-30 · $1.6B
Cash conversion
1.55× 2.26× 9.59× 2.28× 1.28× 1.23× 6.87× 2.00× -70.9% -12.2% 2.55×
Capital expenditures
(1,410) (1,675) (1,233) (1,287) (1,464) (1,890) (1,672) (1,343) -19.7% +4.4% (6,369)
Free cash flow
88 549 2,477 930 -246 -604 3,127 267 -91.5% -71.3% 2,544 2024-09-30 · $88.0M2024-12-31 · $549.0M2025-03-31 · $2.5B2025-06-30 · $930.0M2025-09-30 · -$246.0M2025-12-31 · -$604.0M2026-03-31 · $3.1B2026-06-30 · $267.0M
FCF margin
0.6% 3.7% 18.7% 6.1% -1.6% -3.9% 21.4% 1.5% -92.9% -75.2% 4.0%
Cash from investing
-2,511 -1,715 -1,462 -1,580 -1,743 -1,565 -1,894 -1,460 — — -6,662
Share repurchases
82 80 349 240 21 27 27 0 PAUSED PAUSED 75
Debt repayment
2,575 1,346 1,011 600 2,585 575 3,092 1,445 -53.3% +140.8% 7,697
Cash from financing
-1,073 -591 -1,457 -843 -2,136 -509 -976 2,148 — — -1,473
Net change in cash
-2,086 -82 791 -206 -2,660 -790 1,929 2,298 +19.1% — 777
Ending cash balance
8,812 8,769 9,370 9,354 6,730 5,942 7,869 10,166 +29.2% +8.7% 10,166

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM3,127 CASH FROM OPERATIONS-3,189 CAPITAL EXPENDITURES+329 TO267
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-16 ↗