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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,595 | 2,432 | 2,260 | 1,847 | 1,857 | 2,378 | 1,894 | 1,274 | 2,449 | 2,408 | 545 | 1,076 |
| Depreciation and amortization | 656 | 635 | 306 | 614 | 602 | 607 | 311 | 643 | 620 | 615 | 270 | 594 |
| Capital expenditure | -1,458 | -1,200 | -907 | -1,159 | -1,209 | -1,224 | -1,310 | -1,328 | -1,309 | -1,193 | -1,602 | -1,269 |
| Investing cash flow | -1,512 | -1,263 | -728 | -1,035 | -1,199 | -1,224 | -1,169 | -1,124 | -809 | -637 | -535 | -131 |
| Financing cash flow | -545 | -435 | -1,002 | -370 | -1,070 | -634 | -1,590 | -371 | -1,512 | -787 | 416 | -800 |
| Dividends paid | -123 | -129 | -122 | -122 | -97.0 | -99.0 | -96.0 | -97.0 | -64.0 | -64.0 | -64.0 | -64.0 |
| Debt issued | 103 | 1,250 | — | 217 | 1,998 | — | — | — | — | — | 878 | — |
| Debt repaid | -536 | -1,564 | -896 | -459 | -2,941 | -531 | -1,542 | -262 | -1,437 | -712 | -361 | -724 |
| Net change in cash | -462 | 734 | 530 | 442 | -412 | 520 | -865 | -221 | 128 | 984 | 426 | 145 |
| Free cash flow | 137 | 1,232 | 1,353 | 688 | 648 | 1,154 | 584 | -54.0 | 1,140 | 1,215 | -1,057 | -193 |
| Levered free cash flow | -356 | 1,268 | 1,411 | 405 | 3.9 | 1,129 | 515 | -708 | 447 | 1,187 | -932 | -686 |