Delta Air Lines financials
$84.87+1.00%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.76B | $15.85B | $16.00B | $16.67B | $16.65B | $14.04B | $15.56B | $15.68B | $16.66B | $13.75B | $14.22B | $15.49B |
| Gross profit | $19.27B | $15.43B | $15.54B | $16.19B | $16.17B | $13.61B | $15.11B | $15.21B | $16.20B | $9.71B | $13.78B | $15.04B |
| Gross margin | 97.5% | 97.3% | 97.1% | 97.1% | 97.1% | 96.9% | 97.1% | 97.0% | 97.2% | 70.7% | 96.9% | 97.1% |
| Operating income | $1.86B | $501.0M | $1.47B | $1.68B | $2.10B | $569.0M | $1.72B | $1.40B | $2.27B | $614.0M | $1.32B | $1.98B |
| Net income | $1.60B | -$289.0M | $1.22B | $1.42B | $2.13B | $240.0M | $843.0M | $1.27B | $1.30B | $37.0M | $2.04B | $1.11B |
| Net margin | 8.1% | −1.8% | 7.6% | 8.5% | 12.8% | 1.7% | 5.4% | 8.1% | 7.8% | 0.3% | 14.3% | 7.2% |
| Diluted EPS | $2.44 | $-0.44 | $1.85 | $2.17 | $3.27 | $0.37 | $1.29 | $1.97 | $2.01 | $0.06 | $3.15 | $1.72 |
| EBITDA | $1.86B | $501.0M | $5.51B | $3.41B | $2.10B | $569.0M | $5.56B | $2.65B | $3.73B | $1.98B | $1.32B | $1.98B |
| Operating cash flow | $1.59B | $2.43B | $2.26B | $1.85B | $1.86B | $2.38B | $1.89B | $1.27B | $2.45B | $2.41B | $545.0M | $1.08B |
| Free cash flow | $137.0M | $1.23B | $1.35B | $688.0M | $648.0M | $1.15B | $584.0M | -$54.0M | $1.14B | $1.22B | -$1.06B | -$193.0M |
| Diluted shares | 658.0M | 652.0M | 658.0M | 654.0M | 652.0M | 652.0M | 652.0M | 647.0M | 648.0M | 645.0M | 647.0M | 644.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.67B | $5.05B | $4.31B | $3.79B | $3.33B | $3.71B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $15.05B | $14.16B | $15.21B | $15.98B | $16.16B | $16.92B |
| Total assets | $86.32B | $84.43B | $81.32B | $79.62B | $78.39B | $77.34B |
| Total liabilities | $64.51B | $64.06B | $60.46B | $60.80B | $60.95B | $61.90B |
| Shareholders' equity | $21.82B | $20.38B | $20.85B | $18.82B | $17.44B | $15.45B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology