DELTA AIR LINES, INC.
DAL Industrials · TransportationEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−1 over range · as of 2026-06-30
Revenue +18.7% YoY, earnings -24.7% YoY · sector avg 71
▼−7 over range · as of 2026-06-30
8.1% net margin, 18% return on equity, 7% free-cash-flow margin, profitable in 7 of last 8 quarters · sector avg 49
▲+9 over range · as of 2026-06-30
Net debt 1.0x EBITDA, 0.4x current ratio · sector avg 55
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $19.8B +24.6% Gross margin — — Operating margin 9.4% +6.3pp Net margin 8.1% +9.9pp Net income $1.6B —Filings
24-09 → 26-06 · following the period bar 2 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | no filing | no filing | 10-Q Q3 2024 | 10-K FY 2024 |
Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 24-09 | 2024-09-30 | $15.7B |
| 24-12 | 2024-12-31 | $15.6B |
| 25-03 | 2025-03-31 | $14.0B |
| 25-06 | 2025-06-30 | $16.6B |
| 25-09 | 2025-09-30 | $16.7B |
| 25-12 | 2025-12-31 | $16.0B |
| 26-03 | 2026-03-31 | $15.9B |
| 26-06 | 2026-06-30 | $19.8B |
| Period | Period end | Net income |
|---|---|---|
| 24-09 | 2024-09-30 | $1.3B |
| 24-12 | 2024-12-31 | $843.0M |
| 25-03 | 2025-03-31 | $240.0M |
| 25-06 | 2025-06-30 | $2.1B |
| 25-09 | 2025-09-30 | $1.4B |
| 25-12 | 2025-12-31 | $1.2B |
| 26-03 | 2026-03-31 | -$289.0M |
| 26-06 | 2026-06-30 | $1.6B |
| Period | Period end | Operating income |
|---|---|---|
| 24-09 | 2024-09-30 | $1.4B |
| 24-12 | 2024-12-31 | $1.7B |
| 25-03 | 2025-03-31 | $569.0M |
| 25-06 | 2025-06-30 | $2.1B |
| 25-09 | 2025-09-30 | $1.7B |
| 25-12 | 2025-12-31 | $1.5B |
| 26-03 | 2026-03-31 | $501.0M |
| 26-06 | 2026-06-30 | $1.9B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 24-09 | 2024-09-30 | 41 | 34 | 30 |
| 24-12 | 2024-12-31 | 37 | 26 | 30 |
| 25-03 | 2025-03-31 | 71 | 35 | 35 |
| 25-06 | 2025-06-30 | 57 | 48 | 37 |
| 25-09 | 2025-09-30 | 59 | 42 | 35 |
| 25-12 | 2025-12-31 | 59 | 44 | 36 |
| 26-03 | 2026-03-31 | 37 | 22 | 40 |
| 26-06 | 2026-06-30 | 40 | 26 | 39 |