##  Delta Air Lines announces December quarter and full year 2025 financial results 



Delta Air Lines (NYSE: DAL) today reported financial results for the December quarter and full year 2025 and provided its outlook for the March quarter and full year 2026.



Staff Writer

Tue, 01/13/2026 - 06:30

Delta Air Lines (NYSE: DAL) today reported financial results for the December quarter and full year 2025 and provided its outlook for the March quarter and full year 2026.

“The Delta team delivered a strong close to our Centennial year, demonstrating the differentiation and durability we’ve built," said Delta CEO Ed Bastian. "Our industry-leading performance delivered for our customers and our employees, while creating value for our owners, consistent with our long-term financial framework. We generated $5 billion of pre-tax profit with a double-digit operating margin and record free cash flow of $4.6 billion, all while navigating a challenging environment. These results would not be possible without the exceptional efforts of our people, and I look forward to celebrating our team next month with $1.3 billion of well-earned profit sharing."

"2026 is off to a strong start with top-line growth accelerating on consumer and corporate demand. For the full year, we expect to deliver margin expansion and earnings growth of 20% year-over-year."

### **December Quarter 2025 GAAP Financial Results**

- Operating revenue of $16.0 billion
- Operating income of $1.5 billion with an operating margin of 9.2%
- Pre-tax income of $1.5 billion with a pre-tax margin of 9.5%
- Earnings per share of $1.86
- Operating cash flow of $2.3 billion

### **Full Year 2025 GAAP Financial Results**

- Operating revenue of $63.4 billion
- Operating income of $5.8 billion with an operating margin of 9.2%
- Pre-tax income of $6.2 billion with a pre-tax margin of 9.8%
- Earnings per share of $7.66
- Operating cash flow of $8.3 billion
- Payments on debt and finance lease obligations of $4.8 billion
- Total debt and finance lease obligations of $14.1 billion at year end

Read the full release on [**PR Newswire**](https://www.prnewswire.com/news-releases/delta-air-lines-announces-december-quarter-and-full-year-2025-financial-results-302659392.html) or [via **download**](https://news.delta.com/sites/default/files/2026-01/delta-air-lines-announces-december-quarter-and-full-year-2025-results-vf.pdf).



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