United Airlines posted a second-quarter 2026 GAAP net profit of $805 million ($2.46 per share), beating Wall Street estimates despite a projected $6 billion year-over-year fuel cost increase [1][3]. Total operating revenue hit $17.7 billion, up 16% from Q2 2025, driven by a 16% premium revenue surge and 23% cargo growth [1][5]. The carrier delivered $1.0 billion in pre-tax earnings (5.8% margin) and ended the quarter with $19.6 billion in available liquidity [1][1]. Management raised full-year adjusted EPS guidance to $9–$11, lifting the floor by $2, while forecasting Q3 adjusted EPS of $2.50–$3.50 amid volatile fuel prices averaging $3.69/gallon [1][3][5].