Published
{
"ticker": "DAL",
"cik": "0000027904",
"company": "Delta Air Lines, Inc.",
"business_type": "airline",
"schema_template": "airline: operating revenue by type (passenger, cargo, other), operating expense by line as the statement prints it, operating income, net income, EPS and weighted shares; full balance sheet with air traffic liability, loyalty deferred revenue and debt and finance leases; operating, investing and financing cash flow with capital expenditures and free cash flow; the airline and refinery segments; and airline operating statistics (capacity, traffic, load factor, unit revenue and unit cost, fuel)",
"reporting_currency": "USD",
"converted_to_usd": false,
"units": "actual dollars (not millions); per-share amounts in dollars; share counts in actual shares; seat miles and fuel gallons in actual units; unit revenue and unit cost in cents; load factor in percent",
"annual": [
{
"fiscal_year": 2025,
"label": "FY2025",
"period_start": "2025-01-01",
"period_end": "2025-12-31",
"period_type": "fiscal year",
"source_accession": "0000027904-26-000013",
"income_statement": {
"passenger_revenue": 51768000000,
"cargo_revenue": 900000000,
"other_revenue": 10696000000,
"total_operating_revenue": 63364000000,
"salaries_and_related_costs": 17520000000,
"aircraft_fuel_and_related_taxes": 9819000000,
"ancillary_businesses_and_refinery_expense": 5987000000,
"contracted_services": 4617000000,
"landing_fees_and_other_rents": 3564000000,
"aircraft_maintenance_materials_and_outside_repairs": 2432000000,
"passenger_commissions_and_other_selling_expenses": 2485000000,
"regional_carrier_expense": 2553000000,
"depreciation_and_amortization": 2443000000,
"passenger_service": 1855000000,
"profit_sharing": 1337000000,
"aircraft_rent": 542000000,
"other_operating_expense": 2388000000,
"total_operating_expense": 57542000000,
"operating_income": 5822000000,
"interest_expense_net": 679000000,
"gain_loss_on_investments_net": 1212000000,
"gain_loss_on_extinguishment_of_debt": -26000000,
"miscellaneous_non_operating_net": -144000000,
"total_non_operating_income_expense_net": 363000000,
"income_before_income_taxes": 6185000000,
"income_tax_provision": 1180000000,
"net_income": 5005000000,
"basic_eps": 7.72,
"diluted_eps": 7.66,
"basic_shares": 648000000,
"diluted_shares": 654000000
},
"balance_sheet": {
"cash_and_cash_equivalents": 4310000000,
"accounts_receivable_net": 2850000000,
"fuel_expendable_parts_and_supplies_inventories_net": 1601000000,
"prepaid_expenses_and_other": 2207000000,
"total_current_assets": 10968000000,
"property_and_equipment_net": 39743000000,
"operating_lease_right_of_use_assets": 6244000000,
"goodwill": 9753000000,
"identifiable_intangibles_net": 5966000000,
"equity_investments": 4222000000,
"other_noncurrent_assets": 4421000000,
"total_noncurrent_assets": 70349000000,
"total_assets": 81317000000,
"current_maturities_of_debt_and_finance_leases": 1605000000,
"current_maturities_of_operating_leases": 809000000,
"air_traffic_liability": 7157000000,
"accounts_payable": 5226000000,
"accrued_salaries_and_related_benefits": 4906000000,
"loyalty_program_deferred_revenue_current": 4876000000,
"fuel_card_obligation": 1100000000,
"other_accrued_liabilities": 1945000000,
"total_current_liabilities": 27624000000,
"debt_and_finance_leases_noncurrent": 12507000000,
"noncurrent_operating_leases": 5353000000,
"pension_postretirement_and_related_benefits": 3156000000,
"loyalty_program_deferred_revenue_noncurrent": 4386000000,
"deferred_income_taxes_net": 3444000000,
"other_noncurrent_liabilities": 3994000000,
"total_noncurrent_liabilities": 32840000000,
"additional_paid_in_capital": 11883000000,
"retained_earnings": 13343000000,
"accumulated_other_comprehensive_loss": -4135000000,
"treasury_stock_at_cost": -238000000,
"total_stockholders_equity": 20853000000,
"total_liabilities": 60464000000,
"total_debt_and_finance_leases": 14112000000,
"total_debt": 13308000000,
"common_shares_issued": 659669346,
"treasury_shares": 6498109,
"common_shares_outstanding": 653171237
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 8342000000,
"depreciation_and_amortization": 2443000000,
"flight_equipment_additions": 3521000000,
"ground_property_and_equipment_additions": 978000000,
"capital_expenditures": 4499000000,
"purchase_of_equity_investments": 276000000,
"net_cash_used_in_investing_activities": -4186000000,
"proceeds_from_long_term_obligations": 2215000000,
"payments_on_debt_and_finance_lease_obligations": 4827000000,
"cash_dividends_paid": 440000000,
"net_cash_used_in_financing_activities": -3076000000,
"cash_cash_equivalents_and_restricted_cash_end_of_period": 4501000000,
"free_cash_flow": 3843000000,
"free_cash_flow_as_reported_by_delta": 4643000000
},
"equity": {
"dividends_declared": 445000000,
"dividends_declared_per_share": 0.675
},
"segments": {
"airline": {
"operating_revenue": 58287000000,
"operating_income": 5665000000
},
"refinery": {
"operating_revenue": 6961000000,
"operating_income": 157000000
},
"intersegment_sales_and_other": {
"operating_revenue": -1884000000
}
},
"operating_metrics": {
"revenue_passenger_miles": 249578000000,
"available_seat_miles": 298045000000,
"passenger_mile_yield_cents": 20.74,
"prasm_cents": 17.37,
"trasm_cents": 21.26,
"trasm_adjusted_cents": 19.56,
"casm_cents": 19.31,
"casm_ex_cents": 13.86,
"passenger_load_factor_pct": 84,
"fuel_gallons_consumed": 4269000000,
"average_price_per_fuel_gallon": 2.3
}
},
{
"fiscal_year": 2024,
"label": "FY2024",
"period_start": "2024-01-01",
"period_end": "2024-12-31",
"period_type": "fiscal year",
"source_accession": "0000027904-26-000013",
"income_statement": {
"passenger_revenue": 50894000000,
"cargo_revenue": 822000000,
"other_revenue": 9927000000,
"total_operating_revenue": 61643000000,
"salaries_and_related_costs": 16161000000,
"aircraft_fuel_and_related_taxes": 10566000000,
"ancillary_businesses_and_refinery_expense": 5416000000,
"contracted_services": 4228000000,
"landing_fees_and_other_rents": 3150000000,
"aircraft_maintenance_materials_and_outside_repairs": 2616000000,
"passenger_commissions_and_other_selling_expenses": 2485000000,
"regional_carrier_expense": 2328000000,
"depreciation_and_amortization": 2513000000,
"passenger_service": 1788000000,
"profit_sharing": 1389000000,
"aircraft_rent": 548000000,
"other_operating_expense": 2460000000,
"total_operating_expense": 55648000000,
"operating_income": 5995000000,
"interest_expense_net": 747000000,
"gain_loss_on_investments_net": -319000000,
"gain_loss_on_extinguishment_of_debt": -39000000,
"miscellaneous_non_operating_net": -232000000,
"total_non_operating_income_expense_net": -1337000000,
"income_before_income_taxes": 4658000000,
"income_tax_provision": 1201000000,
"net_income": 3457000000,
"basic_eps": 5.39,
"diluted_eps": 5.33,
"basic_shares": 641000000,
"diluted_shares": 648000000
},
"balance_sheet": {
"cash_and_cash_equivalents": 3069000000,
"accounts_receivable_net": 3224000000,
"fuel_expendable_parts_and_supplies_inventories_net": 1428000000,
"prepaid_expenses_and_other": 2123000000,
"total_current_assets": 9844000000,
"property_and_equipment_net": 37595000000,
"operating_lease_right_of_use_assets": 6644000000,
"goodwill": 9753000000,
"identifiable_intangibles_net": 5975000000,
"equity_investments": 2846000000,
"other_noncurrent_assets": 2715000000,
"total_noncurrent_assets": 65528000000,
"total_assets": 75372000000,
"current_maturities_of_debt_and_finance_leases": 2175000000,
"current_maturities_of_operating_leases": 763000000,
"air_traffic_liability": 7094000000,
"accounts_payable": 4650000000,
"accrued_salaries_and_related_benefits": 4762000000,
"loyalty_program_deferred_revenue_current": 4314000000,
"fuel_card_obligation": 1100000000,
"other_accrued_liabilities": 1812000000,
"total_current_liabilities": 26670000000,
"debt_and_finance_leases_noncurrent": 14019000000,
"noncurrent_operating_leases": 5814000000,
"pension_postretirement_and_related_benefits": 3144000000,
"loyalty_program_deferred_revenue_noncurrent": 4512000000,
"deferred_income_taxes_net": 2176000000,
"other_noncurrent_liabilities": 3744000000,
"total_noncurrent_liabilities": 33409000000,
"additional_paid_in_capital": 11740000000,
"retained_earnings": 8783000000,
"accumulated_other_comprehensive_loss": -4979000000,
"treasury_stock_at_cost": -251000000,
"total_stockholders_equity": 15293000000,
"total_liabilities": 60079000000,
"total_debt_and_finance_leases": 16194000000,
"total_debt": 15347000000,
"common_shares_issued": 654571606,
"treasury_shares": 8098971,
"common_shares_outstanding": 646472635
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 8025000000,
"depreciation_and_amortization": 2513000000,
"flight_equipment_additions": 3914000000,
"ground_property_and_equipment_additions": 1226000000,
"capital_expenditures": 5140000000,
"purchase_of_equity_investments": 0,
"net_cash_used_in_investing_activities": -3739000000,
"proceeds_from_long_term_obligations": 0,
"payments_on_debt_and_finance_lease_obligations": 3953000000,
"cash_dividends_paid": 321000000,
"net_cash_used_in_financing_activities": -4260000000,
"cash_cash_equivalents_and_restricted_cash_end_of_period": 3421000000,
"free_cash_flow": 2885000000
},
"equity": {
"dividends_declared": 324000000,
"dividends_declared_per_share": 0.5
},
"segments": {
"airline": {
"operating_revenue": 57001000000,
"operating_income": 5957000000
},
"refinery": {
"operating_revenue": 7767000000,
"operating_income": 38000000
},
"intersegment_sales_and_other": {
"operating_revenue": -3125000000
}
},
"operating_metrics": {
"revenue_passenger_miles": 246145000000,
"available_seat_miles": 288394000000,
"passenger_mile_yield_cents": 20.68,
"prasm_cents": 17.65,
"trasm_cents": 21.37,
"trasm_adjusted_cents": 19.76,
"casm_cents": 19.3,
"casm_ex_cents": 13.54,
"passenger_load_factor_pct": 85,
"fuel_gallons_consumed": 4114000000,
"average_price_per_fuel_gallon": 2.57
}
},
{
"fiscal_year": 2023,
"label": "FY2023",
"period_start": "2023-01-01",
"period_end": "2023-12-31",
"period_type": "fiscal year",
"source_accession": "0000027904-26-000013",
"income_statement": {
"passenger_revenue": 48909000000,
"cargo_revenue": 723000000,
"other_revenue": 8416000000,
"total_operating_revenue": 58048000000,
"salaries_and_related_costs": 14607000000,
"aircraft_fuel_and_related_taxes": 11069000000,
"ancillary_businesses_and_refinery_expense": 4172000000,
"contracted_services": 4041000000,
"landing_fees_and_other_rents": 2563000000,
"aircraft_maintenance_materials_and_outside_repairs": 2432000000,
"passenger_commissions_and_other_selling_expenses": 2334000000,
"regional_carrier_expense": 2200000000,
"depreciation_and_amortization": 2341000000,
"passenger_service": 1750000000,
"profit_sharing": 1383000000,
"aircraft_rent": 532000000,
"pilot_agreement_and_related_expenses": 864000000,
"other_operating_expense": 2239000000,
"total_operating_expense": 52527000000,
"operating_income": 5521000000,
"interest_expense_net": 834000000,
"gain_loss_on_investments_net": 1263000000,
"gain_loss_on_extinguishment_of_debt": -63000000,
"miscellaneous_non_operating_net": -279000000,
"total_non_operating_income_expense_net": 87000000,
"income_before_income_taxes": 5608000000,
"income_tax_provision": 999000000,
"net_income": 4609000000,
"basic_eps": 7.21,
"diluted_eps": 7.17,
"basic_shares": 639000000,
"diluted_shares": 643000000
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 6464000000,
"depreciation_and_amortization": 2341000000,
"flight_equipment_additions": 3645000000,
"ground_property_and_equipment_additions": 1678000000,
"capital_expenditures": 5323000000,
"purchase_of_equity_investments": 152000000,
"net_cash_used_in_investing_activities": -3148000000,
"proceeds_from_long_term_obligations": 878000000,
"payments_on_debt_and_finance_lease_obligations": 4071000000,
"cash_dividends_paid": 128000000,
"net_cash_used_in_financing_activities": -3394000000,
"cash_cash_equivalents_and_restricted_cash_end_of_period": 3395000000,
"free_cash_flow": 1141000000
},
"equity": {
"dividends_declared": 129000000,
"dividends_declared_per_share": 0.2
},
"segments": {
"airline": {
"operating_revenue": 54669000000,
"operating_income": 5136000000
},
"refinery": {
"operating_revenue": 7572000000,
"operating_income": 385000000
},
"intersegment_sales_and_other": {
"operating_revenue": -4193000000
}
}
}
],
"quarterly": [
{
"fiscal_year": 2026,
"fiscal_quarter": 3,
"label": "Q3 FY2026",
"period_start": "2026-07-01",
"period_end": "2026-09-30",
"period_type": "three months",
"source_accession": "0000027904-26-000038",
"income_statement": {
"passenger_revenue": 15534000000,
"cargo_revenue": 301000000,
"other_revenue": 4351000000,
"total_operating_revenue": 20186000000,
"salaries_and_related_costs": 4822000000,
"aircraft_fuel_and_related_taxes": 4351000000,
"refinery_expense": 2601000000,
"contracted_services": 1277000000,
"landing_fees_and_other_rents": 1021000000,
"aircraft_maintenance_materials_and_outside_repairs": 662000000,
"passenger_commissions_and_other_selling_expenses": 703000000,
"regional_carrier_expense": 680000000,
"depreciation_and_amortization": 673000000,
"passenger_service": 494000000,
"profit_sharing": 389000000,
"mro_expense": 267000000,
"aircraft_rent": 159000000,
"other_operating_expense": 633000000,
"total_operating_expense": 18732000000,
"operating_income": 1454000000,
"interest_expense_net": 146000000,
"gain_loss_on_investments_net": -218000000,
"gain_loss_on_extinguishment_of_debt": 2000000,
"miscellaneous_non_operating_net": -18000000,
"total_non_operating_income_expense_net": -380000000,
"income_before_income_taxes": 1074000000,
"income_tax_provision": 318000000,
"net_income": 756000000,
"basic_eps": 1.15,
"diluted_eps": 1.15,
"basic_shares": 655000000,
"diluted_shares": 659000000
},
"balance_sheet": {
"cash_and_cash_equivalents": 3787000000,
"accounts_receivable_net": 4325000000,
"fuel_expendable_parts_and_supplies_inventories_net": 2637000000,
"prepaid_expenses_and_other": 2741000000,
"total_current_assets": 13490000000,
"property_and_equipment_net": 42206000000,
"operating_lease_right_of_use_assets": 6120000000,
"goodwill": 9753000000,
"identifiable_intangibles_net": 5960000000,
"equity_investments": 3824000000,
"other_noncurrent_assets": 4695000000,
"total_noncurrent_assets": 72558000000,
"total_assets": 86048000000,
"current_maturities_of_debt_and_finance_leases": 3324000000,
"current_maturities_of_operating_leases": 912000000,
"air_traffic_liability": 9560000000,
"accounts_payable": 6595000000,
"accrued_salaries_and_related_benefits": 4550000000,
"loyalty_program_deferred_revenue_current": 5451000000,
"fuel_card_obligation": 1100000000,
"other_accrued_liabilities": 2083000000,
"total_current_liabilities": 33575000000,
"debt_and_finance_leases_noncurrent": 9527000000,
"noncurrent_operating_leases": 5072000000,
"pension_postretirement_and_related_benefits": 3031000000,
"loyalty_program_deferred_revenue_noncurrent": 4181000000,
"deferred_income_taxes_net": 4232000000,
"other_noncurrent_liabilities": 3917000000,
"total_noncurrent_liabilities": 29960000000,
"additional_paid_in_capital": 12071000000,
"retained_earnings": 14883000000,
"accumulated_other_comprehensive_loss": -4043000000,
"treasury_stock_at_cost": -398000000,
"total_stockholders_equity": 22513000000,
"total_liabilities": 63535000000,
"total_debt_and_finance_leases": 12851000000,
"total_debt": 12105000000,
"common_shares_issued": 666699325,
"treasury_shares": 8786945,
"common_shares_outstanding": 657912380
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 1713000000,
"capital_expenditures": 1413000000,
"net_cash_used_in_investing_activities": -1303000000,
"free_cash_flow": 300000000,
"free_cash_flow_as_reported_by_delta": 463000000
},
"equity": {
"dividends_declared": 142000000,
"dividends_declared_per_share": 0.215
},
"segments": {
"airline": {
"operating_revenue": 17585000000,
"operating_income": 1487000000
},
"refinery": {
"operating_revenue": 2967000000,
"operating_income": -33000000
},
"intersegment_sales_and_other": {
"operating_revenue": -366000000
}
},
"operating_metrics": {
"revenue_passenger_miles": 68133000000,
"available_seat_miles": 79288000000,
"passenger_mile_yield_cents": 22.8,
"prasm_cents": 19.59,
"trasm_cents": 25.46,
"trasm_adjusted_cents": 22.18,
"casm_cents": 23.63,
"casm_ex_cents": 14.03,
"passenger_load_factor_pct": 86,
"fuel_gallons_consumed": 1146000000,
"average_price_per_fuel_gallon": 3.8
}
},
{
"fiscal_year": 2025,
"fiscal_quarter": 3,
"label": "Q3 FY2025",
"period_start": "2025-07-01",
"period_end": "2025-09-30",
"period_type": "three months",
"source_accession": "0000027904-26-000038",
"income_statement": {
"passenger_revenue": 13506000000,
"cargo_revenue": 233000000,
"other_revenue": 2934000000,
"total_operating_revenue": 16673000000,
"salaries_and_related_costs": 4443000000,
"aircraft_fuel_and_related_taxes": 2570000000,
"refinery_expense": 1476000000,
"contracted_services": 1166000000,
"landing_fees_and_other_rents": 921000000,
"aircraft_maintenance_materials_and_outside_repairs": 667000000,
"passenger_commissions_and_other_selling_expenses": 645000000,
"regional_carrier_expense": 649000000,
"depreciation_and_amortization": 614000000,
"passenger_service": 485000000,
"profit_sharing": 392000000,
"mro_expense": 212000000,
"aircraft_rent": 135000000,
"other_operating_expense": 614000000,
"total_operating_expense": 14989000000,
"operating_income": 1684000000,
"interest_expense_net": 171000000,
"gain_loss_on_investments_net": 311000000,
"gain_loss_on_extinguishment_of_debt": -6000000,
"miscellaneous_non_operating_net": -41000000,
"total_non_operating_income_expense_net": 93000000,
"income_before_income_taxes": 1777000000,
"income_tax_provision": 360000000,
"net_income": 1417000000,
"basic_eps": 2.18,
"diluted_eps": 2.17,
"basic_shares": 649000000,
"diluted_shares": 654000000
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 1847000000,
"capital_expenditures": 1160000000,
"net_cash_used_in_investing_activities": -1035000000,
"free_cash_flow": 687000000,
"free_cash_flow_as_reported_by_delta": 833000000
},
"cash_flow_source_accession": "0000027904-26-000035",
"equity": {
"dividends_declared": 124000000,
"dividends_declared_per_share": 0.1875
},
"segments": {
"airline": {
"operating_revenue": 15197000000,
"operating_income": 1631000000
},
"refinery": {
"operating_revenue": 1795000000,
"operating_income": 53000000
},
"intersegment_sales_and_other": {
"operating_revenue": -319000000
}
},
"operating_metrics": {
"revenue_passenger_miles": 67621000000,
"available_seat_miles": 79054000000,
"passenger_mile_yield_cents": 19.97,
"prasm_cents": 17.08,
"trasm_cents": 21.09,
"trasm_adjusted_cents": 19.22,
"casm_cents": 18.96,
"casm_ex_cents": 13.08,
"passenger_load_factor_pct": 86,
"fuel_gallons_consumed": 1138000000,
"average_price_per_fuel_gallon": 2.26
}
}
],
"year_to_date": {
"label": "Nine months ended September 30, 2026",
"period_start": "2026-01-01",
"period_end": "2026-09-30",
"period_type": "nine months",
"source_accession": "0000027904-26-000038",
"income_statement": {
"passenger_revenue": 43443000000,
"cargo_revenue": 821000000,
"other_revenue": 11533000000,
"total_operating_revenue": 55797000000,
"salaries_and_related_costs": 14124000000,
"aircraft_fuel_and_related_taxes": 11202000000,
"refinery_expense": 6346000000,
"contracted_services": 3729000000,
"landing_fees_and_other_rents": 2912000000,
"aircraft_maintenance_materials_and_outside_repairs": 2059000000,
"passenger_commissions_and_other_selling_expenses": 2019000000,
"regional_carrier_expense": 2001000000,
"depreciation_and_amortization": 1964000000,
"passenger_service": 1411000000,
"profit_sharing": 882000000,
"mro_expense": 868000000,
"aircraft_rent": 469000000,
"other_operating_expense": 1992000000,
"total_operating_expense": 51978000000,
"operating_income": 3819000000,
"interest_expense_net": 442000000,
"gain_loss_on_investments_net": -419000000,
"gain_loss_on_extinguishment_of_debt": -3000000,
"miscellaneous_non_operating_net": -87000000,
"total_non_operating_income_expense_net": -951000000,
"income_before_income_taxes": 2868000000,
"income_tax_provision": 798000000,
"net_income": 2070000000,
"basic_eps": 3.17,
"diluted_eps": 3.15,
"basic_shares": 654000000,
"diluted_shares": 657000000
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 5740000000,
"flight_equipment_additions": 3444000000,
"ground_property_and_equipment_additions": 627000000,
"capital_expenditures": 4071000000,
"acquisition_of_strategic_investments_and_related": 150000000,
"net_cash_used_in_investing_activities": -4078000000,
"proceeds_from_short_term_obligations": 1325000000,
"proceeds_from_long_term_obligations": 103000000,
"payments_on_debt_and_finance_lease_obligations": 3334000000,
"cash_dividends_paid": 393000000,
"net_cash_used_in_financing_activities": -2281000000,
"cash_cash_equivalents_and_restricted_cash_end_of_period": 3882000000,
"free_cash_flow": 1669000000
},
"segments": {
"airline": {
"operating_revenue": 49451000000,
"operating_income": 3541000000
},
"refinery": {
"operating_revenue": 7616000000,
"operating_income": 278000000
},
"intersegment_sales_and_other": {
"operating_revenue": -1270000000
}
},
"operating_metrics": {
"revenue_passenger_miles": 191369000000,
"available_seat_miles": 227145000000,
"passenger_mile_yield_cents": 22.7,
"prasm_cents": 19.13,
"trasm_cents": 24.56,
"trasm_adjusted_cents": 21.77,
"casm_cents": 22.88,
"casm_ex_cents": 14.39,
"passenger_load_factor_pct": 84,
"fuel_gallons_consumed": 3256000000,
"average_price_per_fuel_gallon": 3.44
},
"prior_year_comparative": {
"label": "Nine months ended September 30, 2025",
"period_start": "2025-01-01",
"period_end": "2025-09-30",
"period_type": "nine months",
"source_accession": "0000027904-26-000038",
"income_statement": {
"passenger_revenue": 38852000000,
"cargo_revenue": 654000000,
"other_revenue": 7855000000,
"total_operating_revenue": 47361000000,
"salaries_and_related_costs": 12928000000,
"aircraft_fuel_and_related_taxes": 7439000000,
"refinery_expense": 3679000000,
"contracted_services": 3442000000,
"landing_fees_and_other_rents": 2650000000,
"aircraft_maintenance_materials_and_outside_repairs": 1904000000,
"passenger_commissions_and_other_selling_expenses": 1869000000,
"regional_carrier_expense": 1913000000,
"depreciation_and_amortization": 1823000000,
"passenger_service": 1397000000,
"profit_sharing": 986000000,
"mro_expense": 581000000,
"aircraft_rent": 408000000,
"other_operating_expense": 1987000000,
"total_operating_expense": 43006000000,
"operating_income": 4355000000,
"interest_expense_net": 521000000,
"gain_loss_on_investments_net": 1007000000,
"gain_loss_on_extinguishment_of_debt": -26000000,
"miscellaneous_non_operating_net": -143000000,
"total_non_operating_income_expense_net": 317000000,
"income_before_income_taxes": 4672000000,
"income_tax_provision": 886000000,
"net_income": 3786000000,
"basic_eps": 5.85,
"diluted_eps": 5.8,
"basic_shares": 648000000,
"diluted_shares": 653000000
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 6082000000,
"flight_equipment_additions": 2912000000,
"ground_property_and_equipment_additions": 680000000,
"capital_expenditures": 3592000000,
"acquisition_of_strategic_investments_and_related": 0,
"net_cash_used_in_investing_activities": -3458000000,
"proceeds_from_short_term_obligations": 0,
"proceeds_from_long_term_obligations": 2215000000,
"payments_on_debt_and_finance_lease_obligations": 3931000000,
"cash_dividends_paid": 318000000,
"net_cash_used_in_financing_activities": -2074000000,
"cash_cash_equivalents_and_restricted_cash_end_of_period": 3971000000,
"free_cash_flow": 2490000000
},
"segments": {
"airline": {
"operating_revenue": 43681000000,
"operating_income": 4313000000
},
"refinery": {
"operating_revenue": 5213000000,
"operating_income": 42000000
},
"intersegment_sales_and_other": {
"operating_revenue": -1533000000
}
},
"operating_metrics": {
"revenue_passenger_miles": 189717000000,
"available_seat_miles": 225099000000,
"passenger_mile_yield_cents": 20.48,
"prasm_cents": 17.26,
"trasm_cents": 21.04,
"trasm_adjusted_cents": 19.41,
"casm_cents": 19.11,
"casm_ex_cents": 13.47,
"passenger_load_factor_pct": 84,
"fuel_gallons_consumed": 3226000000,
"average_price_per_fuel_gallon": 2.31
}
}
},
"trailing_twelve_months": {
"label": "Twelve months ended September 30, 2026",
"period_start": "2025-10-01",
"period_end": "2026-09-30",
"period_type": "trailing twelve months",
"source_accession": "0000027904-26-000038",
"derived_from_accessions": [
"0000027904-26-000013",
"0000027904-26-000038"
],
"income_statement": {
"passenger_revenue": 56359000000,
"cargo_revenue": 1067000000,
"other_revenue": 14374000000,
"total_operating_revenue": 71800000000,
"depreciation_and_amortization": 2584000000,
"total_operating_expense": 66514000000,
"operating_income": 5286000000,
"total_non_operating_income_expense_net": -905000000,
"income_before_income_taxes": 4381000000,
"income_tax_provision": 1092000000,
"net_income": 3289000000
},
"cash_flow": {
"net_cash_provided_by_operating_activities": 8000000000,
"capital_expenditures": 4978000000,
"free_cash_flow": 3022000000
}
},
"units_notes_seen": {
"FY2025 10-K consolidated balance sheets": "(in millions, except share data)",
"FY2025 10-K consolidated statements of operations": "(in millions, except per share data)",
"FY2025 10-K consolidated statements of cash flows": "(in millions)",
"FY2025 10-K consolidated statements of stockholders' equity": "(in millions, except per share data)",
"FY2025 10-K Note 6, debt": "(in millions)",
"FY2025 10-K Note 12, earnings per share": "(in millions, except per share data)",
"FY2025 10-K Note 14, segments": "(in millions)",
"FY2025 10-K operating statistics": "row captions state 'in millions' for revenue passenger miles, available seat miles and fuel gallons; unit revenue and unit cost in cents (\u00a2); fuel price in dollars per gallon; load factor in percent",
"FY2025 10-K free cash flow reconciliation": "(in millions)",
"Q3 2026 10-Q consolidated balance sheets": "(in millions, except share data)",
"Q3 2026 10-Q condensed consolidated statements of operations and comprehensive income": "(in millions, except per share data)",
"Q3 2026 10-Q condensed consolidated statements of cash flows (nine months only)": "(in millions)",
"Q3 2026 10-Q consolidated statements of stockholders' equity": "(in millions, except per share data)",
"Q3 2026 10-Q Note 5, debt": "(in millions)",
"Q3 2026 10-Q Note 9, segments": "(in millions)",
"Q3 2026 10-Q Note 10, earnings per share": "(in millions, except per share data)",
"Q3 2026 10-Q operating statistics": "row captions state 'in millions' for revenue passenger miles, available seat miles and fuel gallons; unit revenue and unit cost in cents (\u00a2); fuel price in dollars per gallon; load factor in percent",
"Q3 2026 10-Q free cash flow reconciliation": "(in millions)",
"September quarter 2026 earnings release, three-month consolidated statements of cash flows": "(in millions)",
"September quarter 2026 earnings release, results summary table": "($ in millions except per share and unit costs)",
"September quarter 2026 earnings release, free cash flow reconciliation": "(in millions)"
},
"adjustments": {
"splits_applied": [],
"adr_ratio": null,
"fx": "None. Delta reports in U.S. dollars, so no currency translation was applied.",
"splits": "None. Delta has had no stock split in the periods covered; per-share figures are as printed.",
"adr": "Not applicable. Delta's common stock trades directly on the New York Stock Exchange."
},
"notes": [
"Figures are taken from the financial statements, notes and operating statistics in the FY2025 Form 10-K (accession 0000027904-26-000013, filed February 11, 2026) and the Form 10-Q for the quarter ended September 30, 2026 (accession 0000027904-26-000038, filed October 9, 2026), except where a note below names another source. Both filings state amounts in millions; every amount here is converted to actual dollars, share counts to actual shares, and seat miles and fuel gallons to actual units.",
"Periods covered: fiscal years 2025, 2024 and 2023 (the 10-K's income statement and cash flow statement present three years, but its balance sheet presents only December 31, 2025 and 2024, so fiscal 2023 carries no balance sheet); the September 2026 and September 2025 quarters; the nine months ended September 30, 2026 and 2025; and a trailing twelve months to September 30, 2026. Delta's fiscal year is the calendar year.",
"Sign convention: operating expense lines, net interest expense and the income tax provision are shown as positive amounts (the statements print interest and tax in parentheses as deductions). Investment gains and losses, debt-extinguishment gains and losses, miscellaneous non-operating items and the non-operating total keep the sign the statement prints, so a negative value is a loss or expense. Cash flow subtotals keep their printed sign (negative means a net outflow); capital expenditures, debt and finance lease payments, dividends paid and investment purchases are shown as positive outflow amounts.",
"Presentation change: the 2026 Form 10-Q presents 'Refinery expense' and 'MRO expense' (Delta TechOps' third-party maintenance, repair and overhaul business) as separate operating expense lines and states that certain prior-period amounts were reclassified to conform. The 10-K instead presents a single 'Ancillary businesses and refinery' line. The annual expense lines therefore follow the 10-K presentation and the quarterly and nine-month lines follow the 10-Q presentation; 'other operating expense' is not comparable between the two. Comparing the September 2025 quarter and nine months as originally published in Delta's October 2025 earnings release (accession 0000027904-25-000018) with the same periods in the 2026 10-Q, the reclassification moved amounts only among ancillary businesses and refinery, MRO and other operating expense; every revenue line, total operating expense and every line from operating income down are unchanged.",
"Total liabilities is not printed on Delta's balance sheet; it is the sum of total current liabilities and total noncurrent liabilities. 'Total debt and finance leases' is the sum of the balance sheet's current and noncurrent 'debt and finance leases' lines; it agrees with the $12,851 million of total debt and finance lease obligations at September 30, 2026 in the earnings release. 'Total debt' is the debt-note total, which excludes finance leases.",
"Common shares outstanding is shares issued less treasury shares, both as printed in the balance sheet captions. At September 30, 2026 this gives 657,912,380 shares, the same count the 10-Q cover reports.",
"Capital expenditures are Delta's property and equipment additions: flight equipment (including advance payments) plus ground property and equipment (including technology). The annual, nine-month and September 2026 quarter figures are the consolidated 'Capital expenditures' line of the segment note, which equals the sum of the two cash flow statement lines in every period where both are printed.",
"free_cash_flow is computed here as net cash provided by operating activities less capital expenditures. Delta's own free cash flow, a non-GAAP measure, is defined differently (operating and investing cash flows, adjusted for pension contributions, certain airport construction projects and strategic investments) and is shown separately as free_cash_flow_as_reported_by_delta: $4,643 million for fiscal 2025 (10-K), $463 million for the September 2026 quarter (10-Q) and $833 million for the September 2025 quarter (earnings release).",
"Quarterly cash flow: the 10-Q's cash flow statement covers the nine months only. The September 2026 quarter's operating and investing cash flows come from the 10-Q's free cash flow reconciliation, and its capital expenditures from the 10-Q's segment note. The September 2025 quarter's cash flow figures come from Delta's September quarter 2026 earnings release, furnished as Exhibit 99.1 to a Form 8-K (accession 0000027904-26-000035, filed October 9, 2026), which prints a three-month cash flow statement for both years; that quarter's capital expenditures of $1,160 million also appear in the 10-Q's segment note.",
"The trailing twelve months to September 30, 2026 are derived as fiscal 2025 plus the nine months of 2026 less the nine months of 2025. Only lines unaffected by the 2026 expense reclassification are included, and no per-share figure is derived for the period.",
"Segments: Delta reports an airline segment and a refinery segment (its Monroe subsidiary's Trainer refinery). The intersegment line removes refinery sales to the airline and products delivered under exchange agreements; segment revenue less that line equals consolidated operating revenue, and airline plus refinery operating income equals consolidated operating income.",
"Operating statistics are as printed in management's discussion and analysis. TRASM, adjusted and CASM-Ex are non-GAAP measures that Delta defines and reconciles in the same filing. Average price per fuel gallon includes fuel hedge activity and refinery segment results.",
"CASM-Ex is defined differently in the two filings: the FY2025 10-K excludes aircraft fuel and related taxes, third-party refinery sales and profit sharing from CASM, while the 2026 10-Q also excludes MRO expense, and restates the September 2025 quarter and nine months on that basis. Annual CASM-Ex (13.86 cents for 2025) is therefore not directly comparable with the 2026 10-Q's quarterly and nine-month figures.",
"Dividends declared per share are the amounts printed in the stockholders' equity statements: $0.675, $0.50 and $0.20 for fiscal 2025, 2024 and 2023; $0.2150 for the September 2026 quarter and $0.1875 for the September 2025 quarter."
],
"uncertainties": [
"The September 2025 quarter's cash flow figures come from an earnings release furnished on Form 8-K rather than a filed quarterly report, because the 10-Q prints three-month cash flow only for the current quarter.",
"The trailing-twelve-month figures combine fiscal 2025 as presented in the 10-K with nine-month periods as presented in the 2026 10-Q. Revenue, total operating expense and the lines below operating income were confirmed unchanged by the reclassification for the September 2025 quarter and nine months; the full-year 2025 split between affected expense lines under the new presentation is not published in these filings."
],
"headline": {
"period": "Q3 FY2026",
"period_end_words": "September 30, 2026",
"metrics": [
{
"label": "Revenue",
"format": "usd",
"value": 20186000000,
"text": "$20.19 billion",
"exact": "$20,186,000,000",
"compact": "$20.19B",
"abs": "$20.19 billion",
"prior_value": 16673000000,
"prior": "$16.67 billion",
"priorabs": "$16.67 billion",
"yoy": "up 21.1%",
"source": {
"array": "quarterly",
"field": "income_statement.total_operating_revenue",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000027904-26-000038",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000027904-26-000038",
"gap_days": 365
}
},
{
"label": "Net income",
"format": "usd",
"value": 756000000,
"text": "$756 million",
"exact": "$756,000,000",
"compact": "$756.00M",
"abs": "$756 million",
"prior_value": 1417000000,
"prior": "$1.42 billion",
"priorabs": "$1.42 billion",
"yoy": "down 46.6%",
"source": {
"array": "quarterly",
"field": "income_statement.net_income",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000027904-26-000038",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000027904-26-000038",
"gap_days": 365
}
},
{
"label": "Diluted EPS",
"format": "eps",
"value": 1.15,
"text": "$1.15",
"exact": "$1.15",
"compact": "$1.15",
"abs": "$1.15",
"prior_value": 2.17,
"prior": "$2.17",
"priorabs": "$2.17",
"yoy": "down 47.0%",
"source": {
"array": "quarterly",
"field": "income_statement.diluted_eps",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000027904-26-000038",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000027904-26-000038",
"gap_days": 365
}
},
{
"label": "Operating income",
"format": "usd",
"value": 1454000000,
"text": "$1.45 billion",
"exact": "$1,454,000,000",
"compact": "$1.45B",
"abs": "$1.45 billion",
"prior_value": 1684000000,
"prior": "$1.68 billion",
"priorabs": "$1.68 billion",
"yoy": "down 13.7%",
"source": {
"array": "quarterly",
"field": "income_statement.operating_income",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000027904-26-000038",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000027904-26-000038",
"gap_days": 365
}
},
{
"label": "Fuel expense",
"format": "usd",
"value": 4351000000,
"text": "$4.35 billion",
"exact": "$4,351,000,000",
"compact": "$4.35B",
"abs": "$4.35 billion",
"prior_value": 2570000000,
"prior": "$2.57 billion",
"priorabs": "$2.57 billion",
"yoy": "up 69.3%",
"source": {
"array": "quarterly",
"field": "income_statement.aircraft_fuel_and_related_taxes",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-09-30",
"period_start": "2026-07-01",
"span_days": 91,
"source_accession": "0000027904-26-000038",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-09-30",
"prior_period_start": "2025-07-01",
"prior_span_days": 91,
"prior_source_accession": "0000027904-26-000038",
"gap_days": 365
}
}
],
"summary": "Delta Air Lines reported $20.19 billion in operating revenue for Q3 FY2026, the quarter ended September 30, 2026, up 21.1% from a year earlier, helped by higher fares on roughly flat capacity and higher third-party refinery sales. Aircraft fuel expense rose to $4.35 billion, up 69.3%, and operating income was $1.45 billion, down 13.7%. Net income was $756 million, or $1.15 per diluted share, down 46.6% from $1.42 billion, as mark-to-market losses on Delta's equity investments replaced gains recorded a year earlier.",
"qa": [
{
"q": "How much revenue did Delta Air Lines make in Q3 FY2026?",
"a": "Delta Air Lines reported $20.19 billion in operating revenue for Q3 FY2026, the quarter ended September 30, 2026. That is up 21.1% from $16.67 billion in the same quarter a year earlier."
},
{
"q": "What were Delta Air Lines' net income and EPS in Q3 FY2026?",
"a": "Delta Air Lines earned net income of $756 million, or $1.15 per diluted share, in Q3 FY2026, the quarter ended September 30, 2026. A year earlier it earned $1.42 billion, or $2.17 per diluted share."
},
{
"q": "Why did Delta's profit fall in Q3 FY2026?",
"a": "Delta Air Lines' aircraft fuel expense rose to $4.35 billion in Q3 FY2026 from $2.57 billion a year earlier, and operating income fell to $1.45 billion from $1.68 billion even as revenue grew. Net income fell more steeply than operating income because mark-to-market losses on Delta's equity investments replaced gains recorded a year earlier."
},
{
"q": "How much did Delta spend on fuel in Q3 FY2026?",
"a": "Delta Air Lines recorded $4.35 billion of aircraft fuel and related taxes in Q3 FY2026, the quarter ended September 30, 2026, up 69.3% from $2.57 billion a year earlier, as jet fuel prices rose."
}
]
},
"company_details": {
"Name": "Delta Air Lines, Inc.",
"Ticker": "DAL",
"CIK": "0000027904",
"Exchange": "NYSE",
"State": "Georgia",
"Incorporation": "Delaware",
"SIC": "4512",
"Office": "Energy & Transportation",
"Industry": "Air Transportation, Scheduled"
},
"next_filing": {
"predicted_date": "2027-02-10",
"predicted_type": "10-K"
},
"fiscal_period": {
"fiscal_year": 2026,
"fiscal_period": "Q3",
"tag": "FY26Q3",
"period_end": "2026-09-30",
"form": "10-Q",
"accession": "0000027904-26-000038",
"fiscal_year_end": "1231",
"source": "facts"
},
"source_filings": [
{
"role": "annual",
"current": false,
"form": "10-K",
"fiscal_year": 2025,
"fiscal_period": "FY",
"tag": "FY25",
"period_end": "2025-12-31",
"filed": "2026-02-11",
"accession": "0000027904-26-000013",
"url": "https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm",
"source": "reported"
},
{
"role": "quarterly",
"current": true,
"form": "10-Q",
"fiscal_year": 2026,
"fiscal_period": "Q3",
"tag": "FY26Q3",
"period_end": "2026-09-30",
"filed": "2026-10-09",
"accession": "0000027904-26-000038",
"url": "https://www.sec.gov/Archives/edgar/data/27904/000002790426000038/dal-20260930.htm",
"source": "facts"
}
],
"figure_sources": {
"about": "Where each figure in this file is printed in its SEC filing. This block mirrors the paths of the figures: figure_sources.annual[0].income_statement.net_income is the source of annual[0].income_statement.net_income. Each entry reads '<document>#<anchor>', and the link is documents[<document>] + '#<anchor>': it opens the filing at the line that prints that number. A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release.",
"documents": {
"d1": "https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm",
"d2": "https://www.sec.gov/Archives/edgar/data/27904/000002790426000038/dal-20260930.htm"
},
"annual": [
{
"period_end": "2025-12-31",
"income_statement": {
"passenger_revenue": "d1#f-144",
"cargo_revenue": "d1#f-147",
"other_revenue": "d1#f-150",
"total_operating_revenue": "d1#f-153",
"salaries_and_related_costs": "d1#f-156",
"aircraft_fuel_and_related_taxes": "d1#f-159",
"ancillary_businesses_and_refinery_expense": "d1#f-162",
"contracted_services": "d1#f-165",
"landing_fees_and_other_rents": "d1#f-168",
"aircraft_maintenance_materials_and_outside_repairs": "d1#f-180",
"passenger_commissions_and_other_selling_expenses": "d1#f-174",
"regional_carrier_expense": "d1#f-171",
"depreciation_and_amortization": "d1#f-177",
"passenger_service": "d1#f-183",
"profit_sharing": "d1#f-186",
"aircraft_rent": "d1#f-189",
"other_operating_expense": "d1#f-195",
"total_operating_expense": "d1#f-198",
"operating_income": "d1#f-201",
"interest_expense_net": "d1#f-204",
"gain_loss_on_investments_net": "d1#f-207",
"gain_loss_on_extinguishment_of_debt": "d1#f-210",
"miscellaneous_non_operating_net": "d1#f-213",
"total_non_operating_income_expense_net": "d1#f-216",
"income_before_income_taxes": "d1#f-219",
"income_tax_provision": "d1#f-222",
"net_income": "d1#f-225",
"basic_eps": "d1#f-228",
"diluted_eps": "d1#f-231",
"basic_shares": "d1#f-1435",
"diluted_shares": "d1#f-1441"
},
"balance_sheet": {
"cash_and_cash_equivalents": "d1#f-54",
"accounts_receivable_net": "d1#f-58",
"fuel_expendable_parts_and_supplies_inventories_net": "d1#f-62",
"prepaid_expenses_and_other": "d1#f-64",
"total_current_assets": "d1#f-66",
"property_and_equipment_net": "d1#f-70",
"operating_lease_right_of_use_assets": "d1#f-72",
"goodwill": "d1#f-74",
"identifiable_intangibles_net": "d1#f-78",
"equity_investments": "d1#f-80",
"other_noncurrent_assets": "d1#f-82",
"total_noncurrent_assets": "d1#f-84",
"total_assets": "d1#f-86",
"current_maturities_of_debt_and_finance_leases": "d1#f-88",
"current_maturities_of_operating_leases": "d1#f-90",
"air_traffic_liability": "d1#f-92",
"accounts_payable": "d1#f-94",
"accrued_salaries_and_related_benefits": "d1#f-96",
"loyalty_program_deferred_revenue_current": "d1#f-98",
"other_accrued_liabilities": "d1#f-102",
"total_current_liabilities": "d1#f-104",
"debt_and_finance_leases_noncurrent": "d1#f-106",
"noncurrent_operating_leases": "d1#f-108",
"pension_postretirement_and_related_benefits": "d1#f-110",
"loyalty_program_deferred_revenue_noncurrent": "d1#f-112",
"deferred_income_taxes_net": "d1#f-114",
"other_noncurrent_liabilities": "d1#f-116",
"total_noncurrent_liabilities": "d1#f-118",
"additional_paid_in_capital": "d1#f-130",
"retained_earnings": "d1#f-132",
"accumulated_other_comprehensive_loss": "d1#f-134",
"treasury_stock_at_cost": "d1#f-138",
"total_stockholders_equity": "d1#f-140",
"total_debt": "d1#f-762",
"common_shares_issued": "d1#f-126",
"treasury_shares": "d1#f-136"
},
"cash_flow": {
"net_cash_provided_by_operating_activities": "d1#f-285",
"depreciation_and_amortization": "d1#f-252",
"flight_equipment_additions": "d1#f-288",
"ground_property_and_equipment_additions": "d1#f-291",
"capital_expenditures": "d1#f-1533",
"purchase_of_equity_investments": "d1#f-294",
"net_cash_used_in_investing_activities": "d1#f-306",
"proceeds_from_long_term_obligations": "d1#f-309",
"payments_on_debt_and_finance_lease_obligations": "d1#f-312",
"cash_dividends_paid": "d1#f-315",
"net_cash_used_in_financing_activities": "d1#f-321",
"cash_cash_equivalents_and_restricted_cash_end_of_period": "d1#f-330"
},
"equity": {
"dividends_declared": "d1#f-402",
"dividends_declared_per_share": "d1#f-400"
},
"segments": {
"airline": {
"operating_revenue": "d1#f-1503",
"operating_income": "d1#f-1514"
},
"refinery": {
"operating_revenue": "d1#f-1504",
"operating_income": "d1#f-1515"
},
"intersegment_sales_and_other": {
"operating_revenue": "d1#f-1505"
}
}
},
{
"period_end": "2024-12-31",
"income_statement": {
"passenger_revenue": "d1#f-145",
"cargo_revenue": "d1#f-148",
"other_revenue": "d1#f-151",
"total_operating_revenue": "d1#f-154",
"salaries_and_related_costs": "d1#f-157",
"aircraft_fuel_and_related_taxes": "d1#f-160",
"ancillary_businesses_and_refinery_expense": "d1#f-163",
"contracted_services": "d1#f-166",
"landing_fees_and_other_rents": "d1#f-169",
"aircraft_maintenance_materials_and_outside_repairs": "d1#f-181",
"passenger_commissions_and_other_selling_expenses": "d1#f-175",
"regional_carrier_expense": "d1#f-172",
"depreciation_and_amortization": "d1#f-178",
"passenger_service": "d1#f-184",
"profit_sharing": "d1#f-187",
"aircraft_rent": "d1#f-190",
"other_operating_expense": "d1#f-196",
"total_operating_expense": "d1#f-199",
"operating_income": "d1#f-202",
"interest_expense_net": "d1#f-205",
"gain_loss_on_investments_net": "d1#f-208",
"gain_loss_on_extinguishment_of_debt": "d1#f-211",
"miscellaneous_non_operating_net": "d1#f-214",
"total_non_operating_income_expense_net": "d1#f-217",
"income_before_income_taxes": "d1#f-220",
"income_tax_provision": "d1#f-223",
"net_income": "d1#f-226",
"basic_eps": "d1#f-229",
"diluted_eps": "d1#f-232",
"basic_shares": "d1#f-1436",
"diluted_shares": "d1#f-1442"
},
"balance_sheet": {
"cash_and_cash_equivalents": "d1#f-55",
"accounts_receivable_net": "d1#f-59",
"fuel_expendable_parts_and_supplies_inventories_net": "d1#f-63",
"prepaid_expenses_and_other": "d1#f-65",
"total_current_assets": "d1#f-67",
"property_and_equipment_net": "d1#f-71",
"operating_lease_right_of_use_assets": "d1#f-73",
"goodwill": "d1#f-75",
"identifiable_intangibles_net": "d1#f-79",
"equity_investments": "d1#f-81",
"other_noncurrent_assets": "d1#f-83",
"total_noncurrent_assets": "d1#f-85",
"total_assets": "d1#f-87",
"current_maturities_of_debt_and_finance_leases": "d1#f-89",
"current_maturities_of_operating_leases": "d1#f-91",
"air_traffic_liability": "d1#f-93",
"accounts_payable": "d1#f-95",
"accrued_salaries_and_related_benefits": "d1#f-97",
"loyalty_program_deferred_revenue_current": "d1#f-99",
"fuel_card_obligation": "d1#f-101",
"other_accrued_liabilities": "d1#f-103",
"total_current_liabilities": "d1#f-105",
"debt_and_finance_leases_noncurrent": "d1#f-107",
"noncurrent_operating_leases": "d1#f-109",
"pension_postretirement_and_related_benefits": "d1#f-111",
"loyalty_program_deferred_revenue_noncurrent": "d1#f-113",
"deferred_income_taxes_net": "d1#f-115",
"other_noncurrent_liabilities": "d1#f-117",
"total_noncurrent_liabilities": "d1#f-119",
"additional_paid_in_capital": "d1#f-131",
"retained_earnings": "d1#f-133",
"accumulated_other_comprehensive_loss": "d1#f-135",
"treasury_stock_at_cost": "d1#f-139",
"total_stockholders_equity": "d1#f-141",
"total_debt": "d1#f-763",
"common_shares_issued": "d1#f-127",
"treasury_shares": "d1#f-137"
},
"cash_flow": {
"net_cash_provided_by_operating_activities": "d1#f-286",
"depreciation_and_amortization": "d1#f-253",
"flight_equipment_additions": "d1#f-289",
"ground_property_and_equipment_additions": "d1#f-292",
"capital_expenditures": "d1#f-1564",
"net_cash_used_in_investing_activities": "d1#f-307",
"payments_on_debt_and_finance_lease_obligations": "d1#f-313",
"cash_dividends_paid": "d1#f-316",
"net_cash_used_in_financing_activities": "d1#f-322",
"cash_cash_equivalents_and_restricted_cash_end_of_period": "d1#f-327"
},
"equity": {
"dividends_declared": "d1#f-379",
"dividends_declared_per_share": "d1#f-377"
},
"segments": {
"airline": {
"operating_revenue": "d1#f-1534",
"operating_income": "d1#f-1545"
},
"refinery": {
"operating_revenue": "d1#f-1535",
"operating_income": "d1#f-1546"
},
"intersegment_sales_and_other": {
"operating_revenue": "d1#f-1536"
}
}
},
{
"period_end": "2023-12-31",
"income_statement": {
"passenger_revenue": "d1#f-146",
"cargo_revenue": "d1#f-149",
"other_revenue": "d1#f-152",
"total_operating_revenue": "d1#f-155",
"salaries_and_related_costs": "d1#f-158",
"aircraft_fuel_and_related_taxes": "d1#f-161",
"ancillary_businesses_and_refinery_expense": "d1#f-164",
"contracted_services": "d1#f-167",
"landing_fees_and_other_rents": "d1#f-170",
"aircraft_maintenance_materials_and_outside_repairs": "d1#f-182",
"passenger_commissions_and_other_selling_expenses": "d1#f-176",
"regional_carrier_expense": "d1#f-173",
"depreciation_and_amortization": "d1#f-179",
"passenger_service": "d1#f-185",
"profit_sharing": "d1#f-188",
"aircraft_rent": "d1#f-191",
"pilot_agreement_and_related_expenses": "d1#f-194",
"other_operating_expense": "d1#f-197",
"total_operating_expense": "d1#f-200",
"operating_income": "d1#f-203",
"interest_expense_net": "d1#f-206",
"gain_loss_on_investments_net": "d1#f-209",
"gain_loss_on_extinguishment_of_debt": "d1#f-212",
"miscellaneous_non_operating_net": "d1#f-215",
"total_non_operating_income_expense_net": "d1#f-218",
"income_before_income_taxes": "d1#f-221",
"income_tax_provision": "d1#f-224",
"net_income": "d1#f-227",
"basic_eps": "d1#f-230",
"diluted_eps": "d1#f-233",
"basic_shares": "d1#f-1437",
"diluted_shares": "d1#f-1443"
},
"cash_flow": {
"net_cash_provided_by_operating_activities": "d1#f-287",
"depreciation_and_amortization": "d1#f-254",
"flight_equipment_additions": "d1#f-290",
"ground_property_and_equipment_additions": "d1#f-293",
"capital_expenditures": "d1#f-1595",
"purchase_of_equity_investments": "d1#f-296",
"net_cash_used_in_investing_activities": "d1#f-308",
"proceeds_from_long_term_obligations": "d1#f-311",
"payments_on_debt_and_finance_lease_obligations": "d1#f-314",
"cash_dividends_paid": "d1#f-317",
"net_cash_used_in_financing_activities": "d1#f-323",
"cash_cash_equivalents_and_restricted_cash_end_of_period": "d1#f-328"
},
"equity": {
"dividends_declared": "d1#f-360",
"dividends_declared_per_share": "d1#f-358"
},
"segments": {
"airline": {
"operating_revenue": "d1#f-1565",
"operating_income": "d1#f-1576"
},
"refinery": {
"operating_revenue": "d1#f-1566",
"operating_income": "d1#f-1577"
},
"intersegment_sales_and_other": {
"operating_revenue": "d1#f-1567"
}
}
}
],
"quarterly": [
{
"period_end": "2026-09-30",
"income_statement": {
"passenger_revenue": "d2#f-124",
"cargo_revenue": "d2#f-128",
"other_revenue": "d2#f-144",
"total_operating_revenue": "d2#f-136",
"salaries_and_related_costs": "d2#f-140",
"aircraft_fuel_and_related_taxes": "d2#f-144",
"refinery_expense": "d2#f-148",
"contracted_services": "d2#f-152",
"landing_fees_and_other_rents": "d2#f-156",
"aircraft_maintenance_materials_and_outside_repairs": "d2#f-160",
"passenger_commissions_and_other_selling_expenses": "d2#f-164",
"regional_carrier_expense": "d2#f-168",
"depreciation_and_amortization": "d2#f-172",
"passenger_service": "d2#f-176",
"profit_sharing": "d2#f-180",
"mro_expense": "d2#f-184",
"aircraft_rent": "d2#f-188",
"other_operating_expense": "d2#f-192",
"total_operating_expense": "d2#f-196",
"operating_income": "d2#f-200",
"interest_expense_net": "d2#f-204",
"gain_loss_on_investments_net": "d2#f-208",
"gain_loss_on_extinguishment_of_debt": "d2#f-212",
"total_non_operating_income_expense_net": "d2#f-220",
"income_before_income_taxes": "d2#f-224",
"income_tax_provision": "d2#f-228",
"net_income": "d2#f-232",
"basic_eps": "d2#f-236",
"diluted_eps": "d2#f-240",
"basic_shares": "d2#f-956",
"diluted_shares": "d2#f-964"
},
"balance_sheet": {
"cash_and_cash_equivalents": "d2#f-34",
"accounts_receivable_net": "d2#f-38",
"fuel_expendable_parts_and_supplies_inventories_net": "d2#f-42",
"prepaid_expenses_and_other": "d2#f-44",
"total_current_assets": "d2#f-46",
"property_and_equipment_net": "d2#f-50",
"operating_lease_right_of_use_assets": "d2#f-52",
"goodwill": "d2#f-54",
"identifiable_intangibles_net": "d2#f-58",
"equity_investments": "d2#f-60",
"other_noncurrent_assets": "d2#f-62",
"total_noncurrent_assets": "d2#f-64",
"total_assets": "d2#f-66",
"current_maturities_of_debt_and_finance_leases": "d2#f-68",
"current_maturities_of_operating_leases": "d2#f-70",
"air_traffic_liability": "d2#f-72",
"accounts_payable": "d2#f-74",
"accrued_salaries_and_related_benefits": "d2#f-76",
"loyalty_program_deferred_revenue_current": "d2#f-78",
"fuel_card_obligation": "d2#f-80",
"other_accrued_liabilities": "d2#f-82",
"total_current_liabilities": "d2#f-84",
"debt_and_finance_leases_noncurrent": "d2#f-86",
"noncurrent_operating_leases": "d2#f-88",
"pension_postretirement_and_related_benefits": "d2#f-90",
"loyalty_program_deferred_revenue_noncurrent": "d2#f-92",
"deferred_income_taxes_net": "d2#f-94",
"other_noncurrent_liabilities": "d2#f-96",
"total_noncurrent_liabilities": "d2#f-98",
"additional_paid_in_capital": "d2#f-110",
"retained_earnings": "d2#f-112",
"accumulated_other_comprehensive_loss": "d2#f-114",
"treasury_stock_at_cost": "d2#f-118",
"total_stockholders_equity": "d2#f-120",
"total_debt": "d2#f-674",
"common_shares_issued": "d2#f-106",
"treasury_shares": "d2#f-116",
"common_shares_outstanding": "d2#f-24"
},
"cash_flow": {
"capital_expenditures": "d2#f-858"
},
"equity": {
"dividends_declared": "d2#f-352",
"dividends_declared_per_share": "d2#f-350"
},
"segments": {
"airline": {
"operating_revenue": "d2#f-828",
"operating_income": "d2#f-839"
},
"refinery": {
"operating_revenue": "d2#f-829",
"operating_income": "d2#f-840"
},
"intersegment_sales_and_other": {
"operating_revenue": "d2#f-830"
}
}
},
{
"period_end": "2025-09-30",
"income_statement": {
"passenger_revenue": "d2#f-125",
"cargo_revenue": "d2#f-129",
"other_revenue": "d2#f-133",
"total_operating_revenue": "d2#f-137",
"salaries_and_related_costs": "d2#f-141",
"aircraft_fuel_and_related_taxes": "d2#f-145",
"refinery_expense": "d2#f-149",
"contracted_services": "d2#f-153",
"landing_fees_and_other_rents": "d2#f-157",
"aircraft_maintenance_materials_and_outside_repairs": "d2#f-161",
"passenger_commissions_and_other_selling_expenses": "d2#f-165",
"depreciation_and_amortization": "d2#f-173",
"passenger_service": "d2#f-177",
"profit_sharing": "d2#f-181",
"mro_expense": "d2#f-185",
"aircraft_rent": "d2#f-189",
"other_operating_expense": "d2#f-193",
"total_operating_expense": "d2#f-197",
"operating_income": "d2#f-201",
"interest_expense_net": "d2#f-205",
"gain_loss_on_investments_net": "d2#f-209",
"gain_loss_on_extinguishment_of_debt": "d2#f-213",
"total_non_operating_income_expense_net": "d2#f-221",
"income_before_income_taxes": "d2#f-225",
"income_tax_provision": "d2#f-229",
"net_income": "d2#f-233",
"basic_eps": "d2#f-237",
"diluted_eps": "d2#f-241",
"basic_shares": "d2#f-957",
"diluted_shares": "d2#f-965"
},
"cash_flow": {
"capital_expenditures": "d2#f-889"
},
"equity": {
"dividends_declared": "d2#f-423",
"dividends_declared_per_share": "d2#f-421"
},
"segments": {
"airline": {
"operating_revenue": "d2#f-859",
"operating_income": "d2#f-870"
},
"refinery": {
"operating_revenue": "d2#f-860",
"operating_income": "d2#f-871"
},
"intersegment_sales_and_other": {
"operating_revenue": "d2#f-861"
}
}
}
]
}
}