Delta Air Lines DAL
As a global airline based in the United States, we connect customers across our expansive global network with a commitment to ensuring that the future of travel is connected, personalized and enjoyable. 10-K, Item 1
- Employees
- 103,000
- Headquarters
- Atlanta, GA
- CEO
- Edward H. Bastian
- Next results
- around Jan 12, 2027
DAL among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.
What changed
Nothing new in the latest 10-K.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
10 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 10 checks found nothing to note
-
Receivables -11.6% vs revenue +2.8% (-14.4 pts)
-
Cash from operations $8.3B vs net income $5.0B (FY ending Dec 31, 2025)
-
Same auditor in both 10-Ks: Ernst & Young LLP
7 more checks with nothing to note
-
No statement of substantial doubt about going concern
-
No 8-K item 4.02 in the last 2 years
-
No NT 10-K or NT 10-Q in the last 2 years
-
No longer listed: Loyalty Program - Mileage Breakage. Same as last year: Employee Benefit Plans - Net Asset Value Per Share (NAV) Asset Valuation
-
No sentence in the 10-K concludes that controls were not effective because of a material weakness
-
No 8-K item 2.06 in the last 2 years
-
No 8-K item 1.03 in the last 2 years
In their words
No new paragraphs in Risk Factors
No new paragraphs in Risk Factors, or fewer than two 10-Ks to compare.
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $50.6B | $58.0B | $61.6B | $63.4B |
| Net income | $1.3B | $4.6B | $3.5B | $5.0B |
| Operating cash flow | $6.4B | $6.5B | $8.0B | $8.3B |
| Free cash flow | −$3.0M | $1.1B | $2.9B | $3.8B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$63.4B ▲ 2.8% in FY2025$5.0B ▲ 44.8% in FY2025$3.8B ▲ 33.2% in FY2025
Recent filings
1 filing in the last 30 days · SEC EDGAR
-
8-KNov 6, 2026Material agreement signed, Other events 8-K items 1.01, 8.01
About the company
Delta Air Lines, Atlanta, GA · from the 10-K filed Feb 11, 2026
As a global airline based in the United States, we connect customers across our expansive global network with a commitment to ensuring that the future of travel is connected, personalized and enjoyable. In 2025, we served over 200 million customers safely, reliably and with industry-leading customer service innovation. As we celebrated our centennial year in 2025, we continued to differentiate Delta from the industry and to invest in extending our competitive advantages. These enduring competitive advantages, which support our trusted consumer brand, include our people and culture, operational reliability, global network, customer loyalty and financial foundation.
- Headquarters
- Atlanta, GA
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 9, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of December 31, 2025, we had approximately 103,000 full-time equivalent employees, approximately 20 % of whom were represented by unions" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/DAL/export.csv") into a cell.