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Delta Air Lines DAL Cargo — Operating revenue

Other product segments

Refinery
$1.65B+55.7%
Loyalty and related
$1.22B+12.8%
MRO
$380M+152%
Miscellaneous
$71M+24.6%

Similar metrics at other companies

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UALCargo revenue — Revenue from Contract with Customer, Excluding Assessed Tax
$422M-1.6%
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NFECargo Sales — Operating revenue
$43.93M-76.0%
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$12K-34.2%
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SNDRTransportation — Operating revenues
$1.28B-1.4%
AIR
AIRTOvernight air cargo — Revenue
$30.58M0.0%

Other financials

Income statement

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Revenue$15.9B+12.9%
Operating income$501.0M-12.0%
Net income-$289.0M-220%
EPS (diluted)-$0.44-219%

Balance sheet

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Cash & equivalents$5.2B+32.8%
Total debt$19.4B-10.0%
Total equity$20.4B+31.9%
Total assets$84.4B+9.2%

Cash flow

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Operating cash flow$2.4B+2.3%

Valuation

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Market cap$61.53B+90.6%
Enterprise value$75.67B+53.0%
P/E13.7×+6.5×
P/S0.9×+0.4×

Profitability

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Operating margin8.8%-0.8pp
Net margin6.9%+1.0pp

Returns & leverage

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Return on equity25%-2.5pp
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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Delta Air Lines’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Delta Air Lines's cargo — operating revenue?
Delta Air Lines (DAL) reported cargo — operating revenue of $226M in Q1 2026.
How has Delta Air Lines's cargo — operating revenue changed year-over-year?
Delta Air Lines's cargo — operating revenue increased by 8.7% year-over-year, from $208M to $226M.
What is the long-term trend for Delta Air Lines's cargo — operating revenue?
Over 4 years (2021 to 2025), Delta Air Lines's cargo — operating revenue has grown at a -3.4% compound annual growth rate (CAGR), from $1.03B to $899M.
What does cargo — operating revenue mean?
This metric represents the total gross revenue generated from the transportation of freight and mail across the airline's global network. It reflects the company's ability to monetize belly-hold capacity on passenger aircraft and dedicated freighter operations. This revenue stream serves as a diversified income source that complements passenger travel demand.