Delta Air Lines income statement
In fiscal 2025, Delta Air Lines reported revenue of $63.36bn, up 2.8% on the year before, operating income of $5.82bn (a 9.2% margin) and net income of $5.00bn, or $7.66 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.1 | 31.8 | 35.1 | 36.7 | 37.8 | 40.4 | 40.7 | 39.6 | 41.2 | 44.4 | 47.0 | 17.1 | 29.9 | 50.6 | 58.0 | 61.6 | 63.4 | 71.8 |
| Selling and marketing | 1.4 | 1.5 | 1.7 | 1.6 | 1.6 | 1.7 | 1.7 | 1.8 | 1.8 | 1.9 | 2.2 | 0.6 | 1.0 | 1.9 | 2.3 | 2.5 | 2.5 | 2.6 |
| Operating income | −0.3 | 2.2 | 2.0 | 2.2 | 3.4 | 2.2 | 7.8 | 7.0 | 6.0 | 5.3 | 6.6 | −12.5 | 1.9 | 3.7 | 5.5 | 6.0 | 5.8 | 5.3 |
| Interest expense | 0.9 | 1.0 | — | 1.0 | 0.9 | 0.7 | 0.5 | 0.4 | 0.4 | — | — | — | — | — | — | — | — | — |
| Net interest income | −0.9 | −1.0 | −0.9 | −1.0 | −0.9 | −0.7 | −0.5 | −0.4 | −0.4 | −0.3 | −0.3 | −0.9 | −1.3 | −1.0 | −0.8 | — | — | — |
| Income before tax | −1.6 | 0.6 | 0.8 | 1.0 | 2.5 | 1.1 | 7.2 | 6.4 | 5.5 | 5.2 | 6.2 | −15.6 | 0.4 | 1.9 | 5.6 | 4.7 | 6.2 | 4.4 |
| Income tax | −0.3 | 0.0 | −0.1 | 0.0 | −8.0 | 0.4 | 2.6 | 2.2 | 2.3 | 1.2 | 1.4 | −3.2 | 0.1 | 0.6 | 1.0 | 1.2 | 1.2 | 1.1 |
| Net income | −1.2 | 0.6 | 0.9 | 1.0 | 10.5 | 0.7 | 4.5 | 4.2 | 3.2 | 3.9 | 4.8 | −12.4 | 0.3 | 1.3 | 4.6 | 3.5 | 5.0 | 3.3 |
| Diluted EPS | −$1.50 | $0.70 | $1.01 | $1.19 | $12.29 | $0.78 | $5.63 | $5.55 | $4.43 | $5.67 | $7.30 | −$19.49 | $0.44 | $2.06 | $7.17 | $5.33 | $7.66 | $5.01 |
| Diluted shares (average) | 827m | 843m | 844m | 850m | 858m | 845m | 804m | 755m | 723m | 694m | 653m | 636m | 641m | 641m | 643m | 648m | 654m | 657m |
| EBITDA | 1.2 | 3.7 | 3.5 | 3.7 | 5.1 | 4.0 | 9.6 | 8.9 | 8.2 | 7.6 | 9.2 | −10.2 | 3.9 | 5.8 | 7.9 | 8.5 | 8.3 | 7.9 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.6 | 14.0 | 16.6 | 16.7 | 16.0 | 15.9 | 19.8 | 20.2 |
| Selling and marketing | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 |
| Operating income | 1.7 | 0.6 | 2.1 | 1.7 | 1.5 | 0.5 | 1.9 | 1.5 |
| Income before tax | 1.2 | 0.3 | 2.6 | 1.8 | 1.5 | −0.2 | 2.0 | 1.1 |
| Income tax | 0.4 | 0.1 | 0.4 | 0.4 | 0.3 | 0.1 | 0.4 | 0.3 |
| Net income | 0.8 | 0.2 | 2.1 | 1.4 | 1.2 | −0.3 | 1.6 | 0.8 |
| Diluted EPS | $1.29 | $0.37 | $3.27 | $2.17 | $1.86 | −$0.44 | $2.44 | $1.15 |
| EBITDA | 2.4 | 1.2 | 2.7 | 2.3 | 2.1 | 1.1 | 2.5 | 2.1 |
Compare with peers
- United Airlines Holdings income statement
- American Airlines Group Inc. income statement
- Southwest Airlines income statement
- Ryanair Holdings PLC income statement
- Alaska AIR Group, Inc. income statement
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