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Delta Air Lines DAL Air traffic liability — Deferred revenue liability, current

Other product segments

Loyalty and related
$5.24B+16.6%

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TNLDeferred other revenue — Contract with Customer, Liability
$4M0.0%
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Other financials

Income statement

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Revenue$19.8B+18.7%
Operating income$1.9B-11.3%
Net income$1.6B-24.7%
EPS (diluted)$2.44-25.4%

Balance sheet

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Cash & equivalents$4.8B+35.3%
Total debt$18.9B-8.1%
Total equity$21.8B+25.1%
Total assets$86.3B+10.1%

Cash flow

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Operating cash flow$1.6B-14.1%

Valuation

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Market cap$58.26B+67.7%
Enterprise value$72.42B+25.8%
P/E14.8×+7.0×
P/S0.9×+0.3×

Profitability

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Operating margin8.1%-1.3pp
Net margin5.8%-1.5pp

Returns & leverage

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Return on equity20.1%-9.9pp
Debt / equity-0.4×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Delta Air Lines in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Delta Air Lines’s 10-Q, filed July 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Delta Air Lines's air traffic liability — deferred revenue liability, current?
Delta Air Lines (DAL) reported air traffic liability — deferred revenue liability, current of $10.02B in Q2 2026.
How has Delta Air Lines's air traffic liability — deferred revenue liability, current changed year-over-year?
Delta Air Lines's air traffic liability — deferred revenue liability, current increased by 12.7% year-over-year, from $8.89B to $10.02B.
What is the long-term trend for Delta Air Lines's air traffic liability — deferred revenue liability, current?
Over 4 years (2021 to 2025), Delta Air Lines's air traffic liability — deferred revenue liability, current has grown at a 8.9% compound annual growth rate (CAGR), from $24.38B to $34.24B.
What does air traffic liability — deferred revenue liability, current mean?
This represents the value of tickets sold for future travel that have not yet been flown or recognized as revenue. It serves as a critical indicator of advance bookings and future cash flow potential for the airline's passenger operations. As passengers book flights in advance, the cash received is recorded here until the service is performed.