Today, Delta Air Lines released its financial results for the December quarter and the full year 2025, also providing an adjusted outlook for the March quarter and full year 2026.
For the quarter, Delta posted record adjusted revenue of $14.61 billion, below estimates of $14.67 billion, due to the government shutdown.
Looking ahead, Delta expects Q1 revenue to increase by 5% to 7%, with an operating margin of 4.5% to 6%.
For the year, Delta expects growth driven by its premium-focused, higher-net-income clients. It expects adjusted EPS of $6.50 to $7.50, a 20% increase from the previous year, and free cash flow of $3 billion to $4 billion.
Ed Bastian, CEO of Delta, told investors, “The Delta team delivered a strong close to our Centennial year, demonstrating the differentiation and durability we’ve built. 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 percent year-over-year.”
Delta shares fell 2.5% following the earnings release.
By CEO NA Editorial Staff
