10-K annual report · filed Feb 11, 2026

Delta Air Lines (DAL) FY2025 10-K Annual Report

Short answer

Delta Air Lines (DAL) filed its fiscal 2025 10-K annual report with the SEC on Feb 11, 2026. It reported revenue of $63.4B (+2.8% year over year) and net income of $5.0B.

  • Top risk flagged: No geopolitical or macroeconomic threat disclosed in the cybersecurity section

FY2025 key financial metrics · XBRL

Revenue
$63.4B
+2.8% YoY
Net income
$5.0B
+44.8% YoY
Operating margin
9.2%
−0.5 pp YoY
EPS (diluted)
$7.66
+43.7% YoY
ROE
24.0%
+1.4 pp YoY
Operating cash flow
$8.3B
+4.0% YoY

Source: XBRL data from the Delta Air Lines (DAL) FY2025 10-K on SEC EDGAR. USD.

Delta Air Lines FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Core business model: Global passenger and cargo air transportation services
  • No new products, services, or segments introduced or emphasized this year
  • Strategic focus on enhancing customer experience under leadership of EVP Erik S. Snell since January 2025
  • Leadership continuity with Erik S. Snell's expanded roles reflecting operational and customer service integration
  • Access to comprehensive SEC filings publicly available on Delta's investor relations website ir.delta.com

Management Discussion & Analysis

  • Profitability or margin change not detailed in provided text
  • Cash flow and capital allocation figures not included
  • No forward-looking management outlook or guidance mentioned

Risk Factors

  • No geopolitical or macroeconomic threat disclosed in the cybersecurity section
  • Cybersecurity operational risk: information security leadership relies on 21 professional certifications to manage threat risks
  • Competitive or market disruption risk not addressed in the cybersecurity section

Generated from the filing text; verify against the original. How to read a 10-K

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