Delta Air Lines revenue and financials
$83.66Change from previous close: +0.70%Absolute change: +$0.58
In the fiscal year ended December 2025, Delta Air Lines reported revenue of $63.36B (+2.79% year over year). Net income was $5.01B, a net margin of 7.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +2.79%
- 2025 vs 2024
- Net income growth
- +44.78%
- 2025 vs 2024
- Net margin
- 7.9%
- 2024: 5.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 8,342 | 8,025 | 6,464 | 6,363 | 3,264 | -3,793 | 8,425 | 7,014 | 5,023 | 7,215 |
| Depreciation and amortization | 2,443 | 2,513 | 2,341 | 2,107 | 1,998 | 2,312 | 2,581 | 2,329 | 2,222 | 1,886 |
| Capital expenditure | -4,499 | -5,140 | -5,323 | -6,366 | -3,247 | -1,899 | -4,936 | -5,168 | -3,891 | -3,391 |
| Investing cash flow | -4,186 | -3,739 | -3,148 | -6,924 | -898 | — | — | — | — | — |
| Financing cash flow | -3,076 | -4,260 | -3,394 | -4,535 | -3,852 | — | — | — | — | — |
| Dividends paid | -440 | -321 | -128 | 0.0 | 0.0 | -260 | -980 | -909 | -731 | -509 |
| Share repurchases | — | — | — | 0.0 | 0.0 | -344 | -2,027 | -1,575 | -1,677 | -2,601 |
| Debt issued | 2,215 | — | 878 | 0.0 | 1,902 | — | — | — | — | — |
| Debt repaid | -4,827 | -3,953 | -4,071 | -4,475 | -5,834 | — | — | — | — | — |
| Net change in cash | 1,080 | 26.0 | -78.0 | -5,096 | -1,486 | — | — | — | — | — |
| Free cash flow | 3,843 | 2,885 | 1,141 | -3.0 | 17.0 | — | — | — | — | — |
| Levered free cash flow | 2,955 | 1,456 | -140 | 248 | 392 | — | — | — | — | — |