Delta reported September quarter 2026 results, with adjusted operating revenue up 16% to $17.6 billion, while GAAP net income fell 47% to $756 million. The company gave full-year 2026 EPS guidance of $5.10 to $5.60 and December quarter EPS guidance of $1.15 to $1.65, which matter to shareholders because the GAAP profit decline and the fuel cost pressure both weigh on near-term earnings.
Adjusted operating revenue of $17.6 billion, up 16% year over year; GAAP operating revenue of $20.2 billion, up 21%
GAAP diluted EPS of $1.15 versus $2.17 a year earlier; adjusted diluted EPS of $1.72 versus $1.70
Full-year 2026 EPS outlook of $5.10 to $5.60 and free cash flow of approximately $2.5 billion; December quarter EPS outlook of $1.15 to $1.65
Average fuel price of $3.80 per gallon GAAP, up 68% year over year; free cash flow was $463 million in the September quarter
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Delta Air Lines's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$63.36B
+2.8%
$7.66
+43.7%
7.9%
FY2024
$61.64B
+6.2%
$5.33
-25.7%
5.6%
FY2023
$58.05B
+14.8%
$7.17
+248.1%
7.9%
FY2022
$50.58B
+69.2%
$2.06
+368.2%
2.6%
FY2021
$29.90B
+74.9%
$0.44
—
0.9%
Frequently asked questions
When is Delta Air Lines's next earnings date?
Delta Air Lines has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Delta Air Lines earn last quarter?
For the quarter ended Sep 2026, Delta Air Lines reported diluted EPS of $1.15 (-47.0% year over year) on revenue of $20.19B (+21.1%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.