DAL financials
Delta Air Lines, Inc. · end-of-day data as of Oct 16, 2026
Delta Air Lines, Inc.
$75.37-11.1%
Buy · 25 analystsPT $101.41 +34.6%
DAL reported revenue of $20.19B for the quarter ended Sep 30, 2026 (Q3 FY2026), up 21.1% from a year earlier. It posted diluted EPS of $1.15, free cash flow of $300M and a net margin of 3.7%.
Valuation
- P/E15.0x
- P/E vs own+18.1%
- P/E vs sector-47.2%
- FCF yield+11.5%
- Market cap$49.59B
Quarterly results
Q3 FY2026: Revenue +21.1% year over year, free cash flow 1.5% of revenue, operating margin 7.2%.
RevenueFree cash flow
| Q3 FY2026 | Sep 30, 2026 | $20.19B | 1.15 | $300M | 33.3% | 7.2% | 3.7% |
| Q2 FY2026 | Jun 30, 2026 | $19.76B | 2.44 | $2.79B | 33.5% | 9.4% | 8.1% |
| Q1 FY2026 | Mar 31, 2026 | $15.85B | -0.44 | $1.23B | 28.6% | 3.2% | -1.8% |
| Q4 FY2025 | Dec 31, 2025 | $16B | 1.86 | $1.35B | 22.4% | 9.2% | 7.6% |
| Q3 FY2025 | Sep 30, 2025 | $16.67B | 2.17 | $687M | 23.5% | 10.1% | 8.5% |
| Q2 FY2025 | Jun 30, 2025 | $16.65B | 3.26 | $648M | 30.3% | 12.6% | 12.8% |
| Q1 FY2025 | Mar 31, 2025 | $14.04B | 0.37 | $1.15B | 21.5% | 4.1% | 1.7% |
| Q4 FY2024 | Dec 31, 2024 | $15.56B | 1.29 | $584M | 28.6% | 11.0% | 5.4% |
| Q3 FY2024 | Sep 30, 2024 | $15.68B | 1.97 | -$54M | 26.4% | 8.9% | 8.1% |
| Q2 FY2024 | Jun 30, 2024 | $16.66B | 2.01 | $1.14B | 30.7% | 13.6% | 7.8% |
| Q1 FY2024 | Mar 31, 2024 | $13.75B | 0.06 | $1.22B | 20.7% | 4.5% | 0.3% |
| Q4 FY2023 | Dec 31, 2023 | $14.22B | 3.16 | -$1.06B | 24.5% | 9.3% | 14.3% |