Delta Air LinesDALEarnings & Financial Report
Delta Air Lines, Inc. is a major airline in the United States headquartered in Atlanta, Georgia, operating nine hubs, with Hartsfield–Jackson Atlanta International Airport being its largest in terms of total passengers and number of departures. With its regional subsidiaries and contractors operating under the brand name Delta Connection, Delta has over 5,400 flights daily and serves 325 destinations in 52 countries on six continents.
DAL Q1 FY2026 Key Financial Metrics
Revenue
$16.0B
Gross Profit
N/A
Operating Profit
$1.5B
Net Profit
N/A
Gross Margin
N/A
Operating Margin
9.2%
Net Margin
N/A
YoY Growth
14.0%
EPS
$1.85
Delta Air Lines Q1 FY2026 Financial Summary
Delta Air Lines reported revenue of $16.0B (up 14.0% YoY) for Q1 FY2026, with a net profit of N/A (N/A margin).
Key Financial Metrics
| Total Revenue | $16.0B |
|---|---|
| Net Profit | N/A |
| Gross Margin | N/A |
| Operating Margin | 9.2% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Delta Air Lines Q1 FY2026 revenue of $16.0B breaks down across 8 segments, led by Passenger Air Traffic at $10.8B (67.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Passenger Air Traffic | $10.8B | 67.3% |
| Product And Service Other Refinery | $1.7B | 10.3% |
| Product And Service Other Loyalty Program | $1.2B | 7.6% |
| Passenger Loyalty Travel Awards | $1.0B | 6.4% |
| Passenger Travel Related Services | $506.0M | 3.2% |
| Product And Service Other Ancillary Businesses | $380.0M | 2.4% |
| Cargo And Freight | $226.0M | 1.4% |
| Product And Service Other Miscellaneous | $71.0M | 0.4% |
Delta Air Lines Revenue by Segment — Quarterly Trend
Delta Air Lines revenue by segment across the last 4 reported quarters, showing how each business line (such as Passenger Air Traffic and Product And Service Other Refinery) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Passenger Air Traffic | $10.8B | $11.3B | $11.9B | $12.2B |
| Product And Service Other Refinery | $1.7B | $1.4B | $1.5B | $1.1B |
| Product And Service Other Loyalty Program | $1.2B | $853.0M | $847.0M | $855.0M |
| Passenger Loyalty Travel Awards | $1.0B | $1.1B | $1.1B | $1.1B |
| Passenger Travel Related Services | $506.0M | $503.0M | $539.0M | $529.0M |
Delta Air Lines Annual Revenue by Year
Delta Air Lines annual revenue history includes year-by-year totals (for example, 2025 revenue was $63.4B).
Delta Air Lines Quarterly Revenue & Net Profit History
Delta Air Lines results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $16.0B | +14.0% | N/A | N/A |
| Q4 FY2025 | $16.0B | +2.8% | $1.2B | 7.6% |
| Q3 FY2025 | $16.7B | +6.4% | $1.4B | 8.5% |
| Q2 FY2025 | $16.6B | -0.1% | $2.1B | 12.8% |
| Q1 FY2025 | $14.0B | +2.1% | $240.0M | 1.7% |
| Q4 FY2024 | $15.6B | +9.4% | $843.0M | 5.4% |
| Q3 FY2024 | $15.7B | +1.2% | $1.3B | 8.1% |
| Q2 FY2024 | $16.7B | +6.9% | $1.3B | 7.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.66B | $15.68B | $15.56B | $14.04B | $16.65B | $16.67B | $16.00B | $16.00B |
| YoY Growth | 6.9% | 1.2% | 9.4% | 2.1% | -0.1% | 6.4% | 2.8% | 14.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $75.20B | $75.37B | $75.37B | $77.34B | $78.39B | $79.62B | $81.32B | $81.32B |
| Liabilities | $62.81B | $61.72B | $60.08B | $61.90B | $60.95B | $60.80B | $60.46B | N/A |
| Equity | $12.39B | $13.65B | $15.29B | $15.45B | $17.44B | $18.82B | $20.85B | $20.85B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $2.45B | $1.27B | $1.89B | $2.38B | $1.86B | $1.85B | $2.26B |