FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

DAL
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 12% to $1.4B — the highest of its last 8 readings, and covered net income 0.86×.

CASH FROM OPS -34.4%
1,595 8.1% MGN
CAPITAL EXPENDITURE -82.2%
214
FREE CASH FLOW +12.1%
1,381
FCF / NET INCOME —
0.86× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
1,272 843 240 2,130 1,417 1,218 -289 1,604 — -24.7% 3,950 2024-09-30 · $1.3B2024-12-31 · $843.0M2025-03-31 · $240.0M2025-06-30 · $2.1B2025-09-30 · $1.4B2025-12-31 · $1.2B2026-03-31 · -$289.0M2026-06-30 · $1.6B
Depreciation & amortization
10-Q
643 635 607 602 614 620 635 656 +3.3% +9.0% 2,525
Cash from operations
1,274 1,894 2,378 1,857 1,847 2,260 2,432 1,595 -34.4% -14.1% 8,134 2024-09-30 · $1.3B2024-12-31 · $1.9B2025-03-31 · $2.4B2025-06-30 · $1.9B2025-09-30 · $1.8B2025-12-31 · $2.3B2026-03-31 · $2.4B2026-06-30 · $1.6B
Cash conversion
NOT DISCLOSED
1.00× 2.25× 9.91× 0.87× 1.30× 1.86× — 0.99× — +14.1% 2.06×
Capital expenditures
(1,328) (1,311) (1,224) (1,209) (1,160) (906) (1,200) (214) -82.2% -82.3% (3,480)
Free cash flow
-54 583 1,154 648 687 1,354 1,232 1,381 +12.1% +113.1% 4,654 2024-09-30 · -$54.0M2024-12-31 · $583.0M2025-03-31 · $1.2B2025-06-30 · $648.0M2025-09-30 · $687.0M2025-12-31 · $1.4B2026-03-31 · $1.2B2026-06-30 · $1.4B
FCF margin
-0.3% 3.7% 8.2% 3.9% 4.1% 8.5% 7.8% 7.0% -10.1% +79.6% 6.8%
Cash from investing
-1,124 -1,169 -1,224 -1,199 -1,035 -728 -1,263 -1,512 — — -4,538
Dividends paid
97 96 99 97 122 122 129 123 -4.7% +26.8% 496
Debt repayment
262 1,542 531 2,941 459 896 1,564 536 -65.7% -81.8% 3,455
Cash from financing
-371 -1,590 -634 -1,070 -370 -1,002 -435 -545 — — -2,352
Net change in cash
-221 -865 520 -412 442 530 734 -462 — — 1,244
Ending cash balance
3,969 3,069 3,711 3,331 3,791 4,310 5,053 4,665 -7.7% +40.0% 4,665

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM1,232 CASH FROM OPERATIONS-837 CAPITAL EXPENDITURES+986 TO1,381
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-10 ↗