AI brief of an SEC Form 8-K · Delta Air Lines (DAL)

Delta Air Lines Q3 revenue hits record $15.2B; adjusted EPS $1.71, up 14%

Positive Impact 3 of 5 earnings Written later

Delta reported September quarter 2025 results, with adjusted revenue of $15.2 billion, up 4.1% from a year earlier, and adjusted diluted EPS of $1.71, up 14%. The company expects full-year adjusted EPS of approximately $6, in the upper half of its July guidance, and December quarter adjusted EPS of $1.60 to $1.90.

Key points

  • Adjusted operating income of $1.7 billion and adjusted operating margin of 11.2%, versus 9.4% a year earlier
  • GAAP diluted EPS of $2.17, up from $1.97; GAAP net income of $1.4 billion
  • December quarter outlook: total revenue growth of 2% to 4%, operating margin of 10.5% to 12%, adjusted EPS of $1.60 to $1.90
  • Full-year free cash flow outlook of $3.5 billion to $4 billion; gross leverage of 2.4x at quarter end

The filing

CompanyDelta Air Lines (DAL)
Form8-K, current report
Filed with the SECOct 9, 2025, 6:30 AM ET
Accession number0000027904-25-000018

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 09, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.