Revenue
20.2 billion USD
2026 Q3 · USD
Exact inputs and evidence
- Revenue: 20186000000 USD Source
Fundies. English
DELTA AIR LINES, INC.
EDGARAnnual consolidated revenue for 2025: about USD 63.36B, using the latest reported figures. The previous period, 2024, was about USD 61.64B.
Latest quarter
Operating margin
7.2%
2026 Q3 · %
Operating cash flow
1.71 billion USD
2026 Q3 · USD
- Cash and cash equivalents
- 3.79 billion USD Source
Exact value
3787000000 USD
- Long-term debt including current maturities
- 12.1 billion USD Source
Exact value
12105000000 USD
- Shares outstanding
- Not available
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
71.8 billion USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
Net income
3.29 billion USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
Operating cash flow
8 billion USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
- Operating cash flow: 8342000000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 6082000000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 2432000000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 4027000000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 2432000000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 5740000000 USD · 2026-01-01 – 2026-09-30 Source
- Operating cash flow: 4027000000 USD · 2026-01-01 – 2026-06-30 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-09.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 11 of 11 periods available· newest 2025-12-31
- Operating income: 11 of 11 periods available· newest 2025-12-31
- Net income: 11 of 11 periods available· newest 2025-12-31
- Operating cash flow: 11 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 11 of 11 periods available· newest 2025-12-31
- liabilities: No compatible figures in this window
- Current assets: 11 of 11 periods available· newest 2025-12-31
- Current liabilities: 11 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
- shares outstanding: No compatible figures in this window
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+2.8%Prior period
USD 61.64 billion
–
Current period
USD 63.36 billion
–
Exact inputs and evidence
63364000000 − 61643000000 = 1721000000 USD
61643000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source63364000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+44.8%Prior period
USD 3.46 billion
–
Current period
USD 5.01 billion
–
Exact inputs and evidence
5005000000 − 3457000000 = 1548000000 USD
3457000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source5005000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+4%Prior period
USD 8.03 billion
–
Current period
USD 8.34 billion
–
Exact inputs and evidence
8342000000 − 8025000000 = 317000000 USD
8025000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source8342000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 63.36 billion 100% of revenue
- Operating costs Derived USD 57.54 billion 91% of revenue
- Operating income USD 5.82 billion 9.2% of revenue
- Tax, interest and other Derived USD 817 million 1.3% of revenue
- Net income USD 5.01 billion 7.9% of revenue
Cash
- Operating cash flow USD 8.34 billion 13% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2016 11%82%
- 2017 85%
- 2018 88%
- 2019 10%86%
- 2020 Operating loss: operating costs were 173% of revenue.
- 2021 94%
- 2022 93%
- 2023 90%
- 2024 90%
- 2025 91%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | 39450000000 | 32454000000 Derived | 6996000000 | 2801000000 Derived | 4195000000 | Unavailable | Source
|
| 2017 2017-01-01 – 2017-12-31 | 41138000000 | 35172000000 Derived | 5966000000 | 2761000000 Derived | 3205000000 | Unavailable | Source
|
| 2018 2018-01-01 – 2018-12-31 | 44438000000 | 39174000000 Derived | 5264000000 | 1329000000 Derived | 3935000000 | Unavailable | Source
|
| 2019 2019-01-01 – 2019-12-31 | 47007000000 | 40389000000 Derived | 6618000000 | 1851000000 Derived | 4767000000 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 17095000000 | 29564000000 Derived | -12469000000 | -84000000 Derived | -12385000000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 29899000000 | 28013000000 Derived | 1886000000 | 1606000000 Derived | 280000000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 50582000000 | 46921000000 Derived | 3661000000 | 2343000000 Derived | 1318000000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 58048000000 | 52527000000 Derived | 5521000000 | 912000000 Derived | 4609000000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 61643000000 | 55648000000 Derived | 5995000000 | 2538000000 Derived | 3457000000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 63364000000 | 57542000000 Derived | 5822000000 | 817000000 Derived | 5005000000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 63.4B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 39450000000 |
|
| 2017 | Revenue | 41138000000 |
|
| 2018 | Revenue | 44438000000 |
|
| 2019 | Revenue | 47007000000 |
|
| 2020 | Revenue | 17095000000 |
|
| 2021 | Revenue | 29899000000 |
|
| 2022 | Revenue | 50582000000 |
|
| 2023 | Revenue | 58048000000 |
|
| 2024 | Revenue | 61643000000 |
|
| 2025 | Revenue | 63364000000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
2.8% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | -3.1% |
|
| 2017 | Year over year | 4.3% |
|
| 2018 | Year over year | 8% |
|
| 2019 | Year over year | 5.8% |
|
| 2020 | Year over year | -63.6% |
|
| 2021 | Year over year | 74.9% |
|
| 2022 | Year over year | 69.2% |
|
| 2023 | Year over year | 14.8% |
|
| 2024 | Year over year | 6.2% |
|
| 2025 | Year over year | 2.8% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 9.2% 2025
Net margin 7.9% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | 17.7% |
|
| 2017 | Operating margin | 14.5% |
|
| 2018 | Operating margin | 11.8% |
|
| 2019 | Operating margin | 14.1% |
|
| 2020 | Operating margin | -72.9% |
|
| 2021 | Operating margin | 6.3% |
|
| 2022 | Operating margin | 7.2% |
|
| 2023 | Operating margin | 9.5% |
|
| 2024 | Operating margin | 9.7% |
|
| 2025 | Operating margin | 9.2% |
|
| 2016 | Net margin | 10.6% |
|
| 2017 | Net margin | 7.8% |
|
| 2018 | Net margin | 8.9% |
|
| 2019 | Net margin | 10.1% |
|
| 2020 | Net margin | -72.4% |
|
| 2021 | Net margin | 0.9% |
|
| 2022 | Net margin | 2.6% |
|
| 2023 | Net margin | 7.9% |
|
| 2024 | Net margin | 5.6% |
|
| 2025 | Net margin | 7.9% |
|
| 2016 | Free cash flow margin | Not reported |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 8.3B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | 7215000000 |
|
| 2017 | Operating cash flow | 5023000000 |
|
| 2018 | Operating cash flow | 7014000000 |
|
| 2019 | Operating cash flow | 8425000000 |
|
| 2020 | Operating cash flow | -3793000000 |
|
| 2021 | Operating cash flow | 3264000000 |
|
| 2022 | Operating cash flow | 6363000000 |
|
| 2023 | Operating cash flow | 6464000000 |
|
| 2024 | Operating cash flow | 8025000000 |
|
| 2025 | Operating cash flow | 8342000000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | Unavailable |
|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016-12-31 | Liabilities / assets | Not reported |
|
| 2017-12-31 | Liabilities / assets | Not reported |
|
| 2018-12-31 | Liabilities / assets | Not reported |
|
| 2019-12-31 | Liabilities / assets | Not reported |
|
| 2020-12-31 | Liabilities / assets | Not reported |
|
| 2021-12-31 | Liabilities / assets | Not reported |
|
| 2022-12-31 | Liabilities / assets | Not reported |
|
| 2023-12-31 | Liabilities / assets | Not reported |
|
| 2024-12-31 | Liabilities / assets | Not reported |
|
| 2025-12-31 | Liabilities / assets | Not reported |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.4× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 0.49× |
|
| 2017 | Current assets / current liabilities | 0.41× |
|
| 2018 | Current assets / current liabilities | 0.34× |
|
| 2019 | Current assets / current liabilities | 0.41× |
|
| 2020 | Current assets / current liabilities | 1.09× |
|
| 2021 | Current assets / current liabilities | 0.76× |
|
| 2022 | Current assets / current liabilities | 0.5× |
|
| 2023 | Current assets / current liabilities | 0.39× |
|
| 2024 | Current assets / current liabilities | 0.37× |
|
| 2025 | Current assets / current liabilities | 0.4× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | USD 4.2 billion Exact valueExact value: 4195000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 7.22 billion Exact valueExact value: 7215000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-31 | USD 3.21 billion Exact valueExact value: 3205000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.02 billion Exact valueExact value: 5023000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2018-01-01 – 2018-12-31 | USD 3.94 billion Exact valueExact value: 3935000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 7.01 billion Exact valueExact value: 7014000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2019-01-01 – 2019-12-31 | USD 4.77 billion Exact valueExact value: 4767000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.43 billion Exact valueExact value: 8425000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | −USD 12.39 billion Exact valueExact value: -12385000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 3.79 billion Exact valueExact value: -3793000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | USD 280 million Exact valueExact value: 280000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.26 billion Exact valueExact value: 3264000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | USD 1.32 billion Exact valueExact value: 1318000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 6.36 billion Exact valueExact value: 6363000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | USD 4.61 billion Exact valueExact value: 4609000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 6.46 billion Exact valueExact value: 6464000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | USD 3.46 billion Exact valueExact value: 3457000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.03 billion Exact valueExact value: 8025000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | USD 5.01 billion Exact valueExact value: 5005000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.34 billion Exact valueExact value: 8342000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
308 filings · 6,491 latest values · 6,491 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0000027904, 27904, DAL, edgar:27904
Also known as DELTA AIR LINES INC /DE/, DELTA AIR LINES, INC.