Delta Air Lines has released its financial results for the September quarter of 2025, reporting an operating revenue of $16.7 billion and an operating income of $1.7 billion, which represents an operating margin of 10.1 percent. The company also reported a pre-tax income of $1.8 billion and a pre-tax margin of 10.7 percent. Earnings per share for the quarter were $2.17.
Delta’s operating cash flow for the quarter reached $1.8 billion. The airline made payments on debt and finance lease obligations totaling $459 million, ending the quarter with total debt and finance lease obligations of $14.9 billion.
Ed Bastian, Delta’s chief executive officer, commented on the results: “Delta’s competitive advantages and differentiation have never been more evident, and thanks to the hard work of our people, we continue to elevate the customer experience and extend our industry leadership. We delivered September quarter results at the top end of our expectations on a combination of strong execution and improving fundamentals.”
He added: “Momentum is continuing into the final stretch of our Centennial year, positioning us to deliver strong December quarter earnings. Looking to 2026, Delta is well positioned to deliver top-line growth, margin expansion and earnings improvement consistent with our long-term financial framework.”
The company also provided an outlook for the December quarter and for the full year 2025, indicating confidence in continued growth and profitability.
Delta cautioned that statements regarding future performance are forward-looking and subject to risks and uncertainties that could cause actual results to differ from expectations. These risks include factors such as fuel cost increases, disruptions in technology or operations, regulatory changes, labor issues, environmental regulations, competitive pressures in the airline industry, and broader economic or geopolitical conditions.
The company advises investors to review its filings with the Securities and Exchange Commission for further information about potential risks.
