Direct Answer
United Airlines Holdings reports revenue across 4 product and service lines in its fiscal 2025 Form 10-K. Passenger is the largest, with $53.4 billion of revenue (90% of the total), followed by Passenger Ancillary Fees at $4.8 billion (8%).
How Does United Airlines Holdings Make Money?
Passenger supplies 90% of revenue, so United Airlines Holdings's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Product and Service Other grew fastest (+10.4%) and Cargo and Freight slowest (+2.1%), so the revenue mix tilts toward Product and Service Other while that gap lasts.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Passenger | $53.4 billion | $51.8 billion | 90.5% | 3.1% |
| Passenger Ancillary Fees | $4.8 billion | $4.5 billion | 8.1% | 6.7% |
| Product and Service Other | $3.9 billion | $3.5 billion | 6.5% | 10.4% |
| Cargo and Freight | $1.8 billion | $1.7 billion | 3.0% | 2.1% |
What the Segment Figures Do Not Show
The rows above add up to 108% of United Airlines Holdings's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value United Airlines Holdings reported in the segment note and revenue disclosures of its Form 10-K filed February 12, 2026 (accession 0000100517-26-000023), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are United Airlines Holdings's main products and services?
In its fiscal 2025 Form 10-K, United Airlines Holdings reports revenue for Passenger, Passenger Ancillary Fees, Product and Service Other and Cargo and Freight.
Which part of United Airlines Holdings brings in the most revenue?
Passenger, with $53.4 billion of revenue in fiscal 2025, or 90% of the total.
Where does United Airlines Holdings report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 12, 2026, alongside management's discussion of each segment's results.