Delta Air Lines has reported financial results for the September quarter and provided its outlook for the December quarter and full year 2025.
September Quarter 2025 GAAP Financial Results
Operating revenue: $16.7 billion
Operating income: $1.7 billion with an operating margin of 10.1%
Pre-tax income: $1.8 billion with a pre-tax margin of 10.7%
Earnings per share: $2.17
Operating cash flow: $1.8 billion
Payments on debt and finance lease obligations: $459 million
Total debt and finance lease obligations: $14.9 billion at quarter end
“Delta Airlines’s competitive advantages and differentiation have never been more evident, and thanks to the hard work of our people, we continue to elevate the customer experience and extend our industry leadership. We delivered September quarter results at the top end of our expectations on a combination of strong execution and improving fundamentals,” said Ed Bastian, Chief Executive Officer.
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