Delta Air Lines, Inc. (DAL)

Delta Air Lines Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	52,569	51,716	49,632	41,268	23,551	13,491
Other Revenue	10,351	9,927	8,416	9,314	6,348	3,604
Revenue	62,920	61,643	58,048	50,582	29,899	17,095
Revenue Growth (YoY)	4.33%	6.19%	14.76%	69.18%	74.90%	-63.63%
Cost of Revenue	49,633	48,374	45,044	40,932	27,737	20,871
Gross Profit	13,287	13,269	13,004	9,650	2,162	-3,776
Selling, General & Admin	2,489	2,485	2,334	1,891	953	643
Other Operating Expenses	2,452	2,460	2,239	1,700	1,386	1,232
Operating Expenses	7,399	7,458	6,914	5,698	4,337	4,187
Operating Income	5,888	5,811	6,090	3,952	-2,175	-7,963
Interest Expense	-701	-747	-834	-1,029	-1,279	-929
Other Non Operating Income (Expenses)	-49	-27	-36	-126	-397	137
EBT Excluding Unusual Items	5,138	5,037	5,220	2,797	-3,851	-8,755
Merger & Restructuring Charges	-	-	-	-	-	-8,219
Gain (Loss) on Sale of Investments	761	-319	1,263	-783	56	-105
Asset Writedown	-	-	-	-	-	-2,432
Other Unusual Items	-25	-60	-875	-100	4,193	3,924
Pretax Income	5,874	4,658	5,608	1,914	398	-15,587
Income Tax Expense	1,245	1,201	999	596	118	-3,202
Net Income	4,629	3,457	4,609	1,318	280	-12,385
Net Income to Common	4,629	3,457	4,609	1,318	280	-12,385
Net Income Growth	-0.47%	-25.00%	249.70%	370.71%	-	-
Shares Outstanding (Basic)	647	641	639	638	636	636
Shares Outstanding (Diluted)	653	648	643	641	641	636
Shares Change (YoY)	1.01%	0.78%	0.31%	-	0.79%	-2.60%
EPS (Basic)	7.15	5.39	7.21	2.07	0.44	-19.47
EPS (Diluted)	7.09	5.33	7.17	2.06	0.44	-19.49
EPS Growth	-1.52%	-25.66%	248.06%	368.18%	-	-
Free Cash Flow	3,074	2,885	1,141	-3	17	-5,692
Free Cash Flow Per Share	4.71	4.45	1.77	-0.01	0.03	-8.95
Dividend Per Share	0.675	0.550	0.300	-	-	0.400
Dividend Growth	35.00%	83.33%	-	-	-	-73.51%
Gross Margin	21.12%	21.53%	22.40%	19.08%	7.23%	-22.09%
Operating Margin	9.36%	9.43%	10.49%	7.81%	-7.27%	-46.58%
Profit Margin	7.36%	5.61%	7.94%	2.61%	0.94%	-72.45%
Free Cash Flow Margin	4.89%	4.68%	1.97%	-0.01%	0.06%	-33.30%
EBITDA	8,022	8,000	8,091	5,752	-478	-5,955
EBITDA Margin	12.75%	12.98%	13.94%	11.37%	-1.60%	-34.84%
D&A For EBITDA	2,134	2,189	2,001	1,800	1,697	2,008
EBIT	5,888	5,811	6,090	3,952	-2,175	-7,963
EBIT Margin	9.36%	9.43%	10.49%	7.81%	-7.27%	-46.58%
Effective Tax Rate	21.20%	25.78%	17.81%	31.14%	29.65%	-
Revenue as Reported	62,920	61,643	58,048	50,582	29,899	17,095
Advertising Expenses	-	438	347	302	198	119

Updated Oct 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q