Delta Air Lines (DAL) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter declined compared to the immediately preceding period, but rose relative to the same quarter one year earlier. The sequential decrease followed a prior quarter of growth, while the annual comparison showed a continued upward trend.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter declined compared to the immediately preceding period, but rose relative to the same quarter one year earlier. The sequential decrease followed a prior quarter of growth, while the annual comparison showed a continued upward trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16B
Revenue reported for this quarter.
Quarter-over-quarter
-4.0%
Change from the immediately preceding quarter.
Year-over-year
+2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$63.4B
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, 2025 | $14B | +2.1% |
| Jun 30, 2025 | $16.6B | -0.1% |
| Sep 30, 2025 | $16.7B | +6.4% |
| Dec 31, 2025 | $16B | +2.9% |
Revenue performance
Revenue decreased from the prior quarter, reversing the previous period's increase. The year-over-year gain, however, indicates that the quarter's performance was still ahead of the same period last year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. In contrast, compared to the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline after a period of growth may warrant attention to the underlying drivers of the quarterly change.