Delta Air Lines DAL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other segment items by Business | ||||||
| Airline | $5.74B+1.4% | $5.66B-4.7% | $5.94B+0.1% | $5.93B+11.8% | $5.31B-3.7% | |
| Refinery | $126M+7.7% | $117M+13.6% | $103M-1.0% | $104M-4.6% | $109M+13.5% | |
| Operating Income (Loss) by Business | ||||||
| Airline | $540M-60.1% | $1.35B-17.1% | $1.63B-22.8% | $2.11B+271% | $570M-67.5% | |
| Refinery | -$39M-134% | $115M+117% | $53M+630% | -$10M-900% | -$1M— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Airline | -$175M-113% | $1.4B-18.9% | $1.72B-33.3% | $2.58B+705% | $321M-74.1% | |
| Refinery | -$38M-132% | $117M+125% | $52M+573% | -$11M-450% | -$2M— | |
| Net Interest Expense by Business | ||||||
| Airline | -$151M+4.4% | -$158M+7.6% | -$171M+0.6% | -$172M+3.9% | -$179M+0.6% | |
| Refinery | $1M— | —— | -$1M0.0% | -$1M0.0% | -$1M— | |
| Total assets, end of period by Business | ||||||
| Airline | $81.62B+3.5% | $78.83B+2.4% | $76.96B+1.3% | $75.99B+1.3% | $75.04B+2.8% | |
| Refinery | $2.86B+12.0% | $2.55B-4.8% | $2.68B+10.7% | $2.42B+2.6% | $2.36B-2.4% | |
| CapEx by Business | ||||||
| Airline | $1.18B+32.3% | $894M-22.3% | $1.15B-4.1% | $1.2B+1.1% | $1.19B-8.1% | |
| Refinery | $17M+30.8% | $13M+44.4% | $9M0.0% | $9M-75.7% | $37M+106% | |
| D&A by Business | ||||||
| Airline | $635M+2.4% | $620M+1.0% | $614M+2.0% | $602M-0.8% | $607M-4.4% | |
| Refinery | $28M-3.4% | $29M+3.6% | $28M0.0% | $28M0.0% | $28M+3.7% | |
| Operating revenue by Product | ||||||
| Loyalty and related | $1.22B+43.1% | $853M+0.7% | $847M-0.9% | $855M-21.0% | $1.08B+27.9% | |
| Miscellaneous | $71M-80.5% | $364M+2.5% | $355M+14.9% | $309M+442% | $57M-81.6% | |
| MRO | $380M+67.4% | $227M-11.3% | $256M-3.0% | $264M+74.8% | $151M-30.7% | |
| Refinery | $1.65B+18.4% | $1.4B-5.4% | $1.48B+29.4% | $1.14B+7.4% | $1.06B-5.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Delta Air Lines break its business down?
- Delta Air Lines (DAL) reports other segment items by business across 2 parts — Airline and Refinery. Each is extracted from the segment footnotes and tracked over time.
- Where does Delta Air Lines's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Delta Air Lines's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
