Delta Air Lines (DAL) Revenue — Quarter Ended Dec 31, 2023
Revenue declined from the prior quarter but increased compared with the same quarter a year ago. The sequential decrease follows three consecutive quarters of year-over-year growth.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined from the prior quarter but increased compared with the same quarter a year ago. The sequential decrease follows three consecutive quarters of year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.2B
Revenue reported for this quarter.
Quarter-over-quarter
-8.2%
Change from the immediately preceding quarter.
Year-over-year
+5.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$58B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $12.8B | +36.5% |
| Jun 30, 2023 | $15.6B | +12.7% |
| Sep 30, 2023 | $15.5B | +10.8% |
| Dec 31, 2023 | $14.2B | +5.9% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, reflecting a typical seasonal pattern.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, continuing the year-over-year growth trend seen throughout the fiscal year.
What to watch
Monitor whether the sequential decline deepens or stabilizes in the upcoming quarter.