Delta Air Lines (DAL) Revenue — Quarter Ended Mar 31, 2024
Revenue for the reported quarter declined compared to the immediately preceding quarter but rose relative to the same quarter one year earlier. The sequential decrease follows a pattern of declining revenue over recent quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the reported quarter declined compared to the immediately preceding quarter but rose relative to the same quarter one year earlier. The sequential decrease follows a pattern of declining revenue over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.7B
Revenue reported for this quarter.
Quarter-over-quarter
-3.3%
Change from the immediately preceding quarter.
Year-over-year
+7.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$59B
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 |
|---|---|---|
| Jun 30, 2023 | $15.6B | +12.7% |
| Sep 30, 2023 | $15.5B | +10.8% |
| Dec 31, 2023 | $14.2B | +5.9% |
| Mar 31, 2024 | $13.7B | +7.8% |
Revenue performance
The reported quarter's revenue was lower than the prior quarter, reflecting a continued sequential contraction. However, on a year-over-year basis, revenue improved.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter one year earlier, revenue increased.
What to watch
The sequential revenue decline has persisted for multiple quarters, which may warrant monitoring of demand trends.