Delta Air Lines Reveals 2025 Financial Results for December Quarter and Full Year
Delta Air Lines has disclosed its financial results for the December quarter and full year 2025. The airline also shared its expectations for the March quarter and full year 2026.
Strong Financial Performance in 2025
Delta’s CEO, Ed Bastian, stated that the company ended its Centennial year with impressive results. Key financial achievements included:
- Pre-tax profit of $5 billion
- Double-digit operating margin
- Record free cash flow of $4.6 billion
These results exemplify Delta’s resilience in a challenging market. Bastian credited the achievement to the dedication of the airline’s staff. “Next month, we look forward to rewarding our team with $1.3 billion in profit sharing,” he added.
2026 Outlook
Looking ahead, Delta anticipates a robust start to 2026. The airline expects growth driven by consumer and corporate demands. Delta projects:
- Margin expansion
- 20% year-over-year earnings growth
December Quarter 2025 Financial Results
For the December quarter, Delta reported the following GAAP financial results:
- Operating revenue: $16.0 billion
- Operating income: $1.5 billion
- Operating margin: 9.2%
- Pre-tax income: $1.5 billion
- Pre-tax margin: 9.5%
- Earnings per share: $1.86
- Operating cash flow: $2.3 billion
Full Year 2025 Financial Summary
For the entire year of 2025, Delta posted the following figures:
- Operating revenue: $63.4 billion
- Operating income: $5.8 billion
- Operating margin: 9.2%
- Pre-tax income: $6.2 billion
- Pre-tax margin: 9.8%
- Earnings per share: $7.66
- Operating cash flow: $8.3 billion
Additionally, Delta made payments of $4.8 billion toward debt and finance lease obligations. At the end of 2025, its total debt and finance lease obligations stood at $14.1 billion.
These financial results reflect Delta Air Lines’ operational strength and strategic growth objectives as it moves into the subsequent year.
