DAL Delta Air Lines

Q3 2025 10-Q
Filed: Oct 9, 2025Period ending Sep 30, 2025
Industrials
Air Transportation, ScheduledSEC EDGAR

Delta Air Lines (DAL) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 9, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Quarterly revenue $16.67B, up $996M (6.4%) YoY driven by premium products, refinery sales, and loyalty awards
  • Operating income $1.7B, up $287M YoY; Total operating expense $14.99B, up 5%; CASM 18.96¢ vs 18.75¢ YoY, CASM-Ex 13.35¢ vs 13.30¢ YoY
+3 more insights

Risk Factors

  • No new or updated risk factors since last 10-K
  • Continued exposure to operational disruptions from fuel price volatility and labor negotiations
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$16.7B

+6.3% YoY +0.2% QoQ

Net Income

$1.4B

+11.3% YoY -33.5% QoQ

Operating Margin

10.1%

+119bp YoY -253bp QoQ

Net Margin

8.5%

+38bp YoY -430bp QoQ

ROE

7.5%

Total Assets

$79.6B

EPS (Diluted)

$2.17

+10.7% YoY -33.4% QoQ

Operating Cash Flow

$1.8B

+45.0% YoY -0.5% QoQ

Source: XBRL data from Delta Air Lines Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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