Delta Air Lines, Inc.

DAL Industrials Airlines

Delta Air Lines, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $63.4 billion, up 2.79% from fiscal 2024.

Revenue
+21.1%
EPS
−47.3%
Free cash flow
−56.4%
Total debt
−13.6%

Quarter to September 2026, against a year earlier

85.67 3.57 −4.00%
Market cap
$56.2B
P/E
17.0×
Fwd P/E
16.2×
Dividend yield
0.94%
F-score
6/9
Altman Z
1.45
Beneish M
−2.73
Dividend safety
78/100

Delta Air Lines, Inc. 10-Q filed Oct 9, 2026

Fiscal Q3 2026 · Period ended Sep 30, 2026 · Filed · accepted 4:22 PM ET · Document on sec.gov · Filing index

Red flags

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 10, 2026: 3 added · 2 removed · 28 modified; 38 with only figures updated; 1 moved without change

  1. Modified · September 2026 Quarter Financial Highlights

    Revenue. Compared to the JuneSeptember 2025 quarter, our total revenue increased $3.13.5 billion. Passenger revenue increased $1.72.0 billion compared to the JuneSeptember 2025 quarter on higher pricing in response to the rapid increase in fuel costs and broad based demand strength across premium, main, corporate and loyalty. In addition, the increase in total revenue was driven by higher refinery sales to third parties and growth in our cargo and MRO businesses. Total revenue, adjusted (a non-GAAP financial measure, which excludes revenue related to refinery sales to third parties) increased in the JuneSeptember 2026 quarter by $2.22.4 billion, or 1416%, compared to the JuneSeptember 2025 quarter.