FINHUB Insights

DAL · Q1 FY26 · Jan 1 – Mar 31, 2026

Delta Air Lines Q1 FY26: where the revenue came from and where it went

Delta Air Lines Q1 FY26: revenue $15.9B (+13% year over year). Net profit $-0.3B. Largest cohort Passenger Air Traffic $10.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 8, 2026 10-Q
Sankey diagram of Delta Air Lines's income statement for Q1 FY26: revenue of $15.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$15.9B +13% year over year
Operating profit$0.5B 3% margin
Net profit$-0.3B -2% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 15.9 100% +13%
Passenger Air Traffic 10.8 68% +7%
Refinery 1.7 11% +56%
Loyalty Program 1.2 8% +13%
Passenger Loyalty Travel Awards 1 6% +9%
Passenger Travel Related 0.5 3% +7%
Ancillary Businesses 0.4 3% +152%
Cargo and Freight 0.2 1% +9%
Miscellaneous 0.1 1% +25%
Salaries and related−4.529%+0pp
Aircraft fuel and related taxes−2.717%+0pp
Refinery−1.710%+0pp
Contracted services−1.28%+0pp
Landing fees and other rents−0.96%+0pp
Other−4.327%+0pp
Operating profit0.53% margin−1pp
Tax−0.1
Interest & other costs−0.7
Net profit-0.3-2%−4pp
Filing on EDGAR More quarters of DAL

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters