DA
DAL
Quarter ended Mar 31, 2025 · FY2025 Q1

Delta Air Lines (DAL) Revenue — Quarter Ended Mar 31, 2025

Revenue declined from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease was driven by typical seasonal patterns, while the year-over-year gain reflected continued demand.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue declined from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease was driven by typical seasonal patterns, while the year-over-year gain reflected continued demand.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$14B

Revenue reported for this quarter.

Quarter-over-quarter

-9.8%

Change from the immediately preceding quarter.

Year-over-year

+2.1%

Change from the comparable year-ago quarter.

Trailing four quarters

$61.9B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$16.7B+6.9%
Sep 30, 2024$15.7B+1.2%
Dec 31, 2024$15.6B+9.4%
Mar 31, 2025$14B+2.1%

Revenue performance

Reported revenue for the quarter was lower than the immediately preceding quarter, marking a sequential decline. However, revenue was higher than the same quarter one year ago, indicating year-over-year growth.

Quarterly comparison

Compared with the prior quarter, revenue decreased, while compared with the same quarter last year, revenue increased. The trailing twelve-month revenue was higher than the current quarter's annualized run rate.

What to watch

Monitor whether the sequential revenue decline continues into the next quarter or stabilizes.