Delta Air Lines, Inc. (SWX:DAL)

Delta Air Lines Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	63,364	61,643	58,048	50,582	29,899
Revenue Growth (YoY)	2.79%	6.19%	14.76%	69.18%	74.90%
Cost of Revenue	26,752	26,412	25,582	25,413	15,932
Gross Profit	36,612	35,231	32,466	25,169	13,967
Selling, General & Admin	34,352	32,365	30,506	23,825	17,815
Depreciation & Amortization Expenses	2,443	2,513	2,341	2,107	1,998
Other Operating Expenses	12,265	11,593	10,858	10,070	2,675
Operating Income	5,822	5,995	5,521	3,661	1,886
Interest Expense	-679	-747	-834	-1,029	-1,279
Other Non-Operating Income (Expense)	1,042	-590	921	-718	-209
Total Non-Operating Income (Expense)	363	-1,337	87	-1,747	-1,488
Pretax Income	6,185	4,658	5,608	1,914	398
Provision for Income Taxes	1,180	1,201	999	596	118
Net Income	5,005	3,457	4,609	1,318	280
Net Income to Common	5,005	3,457	4,609	1,318	280
Net Income Growth	44.78%	-25.00%	249.70%	370.71%	-
Shares Outstanding (Basic)	648	641	639	638	636
Shares Outstanding (Diluted)	654	648	643	641	641
Shares Change (YoY)	0.93%	0.78%	0.31%	-	0.79%
EPS (Basic)	7.72	5.39	7.21	2.07	0.44
EPS (Diluted)	7.66	5.33	7.17	2.06	0.44
EPS Growth	43.71%	-25.66%	248.06%	368.18%	-
Free Cash Flow	3,843	2,885	1,141	-3	17
Free Cash Flow Growth	33.21%	152.85%	-	-	-
Free Cash Flow Per Share	5.88	4.45	1.77	-0.00	0.03
Dividends Per Share	0.713	0.550	0.300	-	-
Dividend Growth	29.54%	83.33%	-	-	-
Gross Margin	57.78%	57.15%	55.93%	49.76%	46.71%
Operating Margin	9.19%	9.73%	9.51%	7.24%	6.31%
Profit Margin	7.90%	5.61%	7.94%	2.61%	0.94%
FCF Margin	6.06%	4.68%	1.97%	-0.01%	0.06%
EBITDA	8,265	8,508	7,862	5,768	3,884
EBITDA Margin	13.04%	13.80%	13.54%	11.40%	12.99%
EBIT	5,822	5,995	5,521	3,661	1,886
EBIT Margin	9.19%	9.73%	9.51%	7.24%	6.31%
Effective Tax Rate	19.08%	25.78%	17.81%	31.14%	29.65%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.