Delta Air Lines, Inc. (DAL) Financial Statements
Historical financial data — 43 statements covering FY2016–FY2025
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and...
Delta Air Lines, Inc.'s revenue increased 2.8% year over year, from $61.64B to $63.36B.
Net income increased 44.8% over the same period, from $3.46B to $5.00B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 60% in total.
Total debt decreased by 12.9% to $14.11B.
The debt-to-equity ratio stands at 0.68, indicating a moderate leverage profile.
Operating cash flow grew 4.0% to $8.34B.
Delta Air Lines, Inc. maintains a moderate net profit margin of 7.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2024 | $15.56B-0.8% | $843.0M | $1.72B | $1.72B | $1.89B | $75.37B | $16.19B | $15.29B |
| Q1 FY2025 | $14.04B-9.8% | $240.0M | $569.0M | $569.0M | $2.38B | $77.34B | $15.82B | $15.45B |
| Q2 FY2025 | $16.65B+18.6% | $2.13B | $2.10B | $2.10B | $1.86B | $78.39B | $15.06B | $17.44B |
| Q3 FY2025 | $16.67B+0.2% | $1.42B | $1.68B | $1.68B | $1.85B | $79.62B | $14.88B | $18.82B |
| Q4 FY2025 | $16.00B-4.0% | $1.22B | $1.47B | $1.47B | $2.26B | $81.32B | $14.11B | $20.85B |
| Q1 FY2026 | $15.85B-0.9% | $-289.0M | $501.0M | $501.0M | $2.43B | N/A | N/A | N/A |
| Q2 FY2026 | $19.76B+24.6% | $1.60B | $1.86B | $1.86B | $1.59B | N/A | N/A | N/A |
| Q3 FY2026 | $20.19B+2.2% | $755.0M | $1.45B | $1.45B | $1.71B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Delta Air Lines, Inc. (DAL) Financial Statements & Revenue History
Delta Air Lines, Inc. (DAL) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Air Transportation, Scheduled industry trading at $75.49 with a market capitalization of $50. This page provides 43 historical financial statements for Delta Air Lines, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Delta Air Lines, Inc. reported revenue of $63.4 billion, representing 2.8% year-over-year growth. The net profit margin of 7.9% indicates moderate profitability. The debt-to-equity ratio of 0.68 reflects moderate leverage.
DAL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Delta Air Lines, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether DAL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track DAL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Delta Air Lines, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of DAL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use DAL Financial Data
Investors use Delta Air Lines, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare DAL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how DAL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View DAL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Delta Air Lines, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.DAL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.