Delta Air Lines DAL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other segment items by Business | ||||||
| Airline | $5.74B+8.2% | $5.66B+2.7% | $5.94B+7.1% | $5.93B+3.1% | $5.31B+6.3% | |
| Refinery | $126M+15.6% | $117M+21.9% | $103M+10.8% | $104M+11.8% | $109M+9.0% | |
| Operating Income (Loss) by Business | ||||||
| Airline | $540M-5.3% | $1.35B-23.0% | $1.63B+14.1% | $2.11B-4.3% | $570M+0.9% | |
| Refinery | -$39M-3,800% | $115M— | $53M+261% | -$10M-117% | -$1M-102% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Airline | -$175M-155% | $1.4B+12.7% | $1.72B+8.2% | $2.58B+50.8% | $321M+340% | |
| Refinery | -$38M-1,800% | $117M— | $52M+308% | -$11M-120% | -$2M-105% | |
| Net Interest Expense by Business | ||||||
| Airline | -$151M+15.6% | -$158M+12.2% | -$171M+1.2% | -$172M+8.5% | -$179M+12.7% | |
| Refinery | $1M+200% | —— | -$1M-113% | -$1M+83.3% | -$1M+80.0% | |
| Total assets, end of period by Business | ||||||
| Airline | $81.62B+8.8% | $78.83B+8.0% | $76.96B+5.5% | $75.99B+4.2% | $75.04B+3.0% | |
| Refinery | $2.86B+21.2% | $2.55B+5.5% | $2.68B+7.6% | $2.42B+3.6% | $2.36B+11.1% | |
| CapEx by Business | ||||||
| Airline | $1.18B-0.3% | $894M-30.8% | $1.15B-12.3% | $1.2B-7.1% | $1.19B+0.8% | |
| Refinery | $17M-54.1% | $13M-27.8% | $9M-43.8% | $9M-43.8% | $37M+147% | |
| D&A by Business | ||||||
| Airline | $635M+4.6% | $620M-2.4% | $614M-4.5% | $602M-2.9% | $607M-1.3% | |
| Refinery | $28M0.0% | $29M+7.4% | $28M-3.4% | $28M-6.7% | $28M+3.7% | |
| Operating revenue by Product | ||||||
| Loyalty and related | $1.22B+12.8% | $853M+0.8% | $847M+3.3% | $855M+2.3% | $1.08B+36.1% | |
| Miscellaneous | $71M+24.6% | $364M+17.4% | $355M+14.5% | $309M-2.8% | $57M-79.6% | |
| MRO | $380M+152% | $227M+4.1% | $256M+59.0% | $264M+23.9% | $151M-16.1% | |
| Refinery | $1.65B+55.7% | $1.4B+24.5% | $1.48B+36.3% | $1.14B-8.8% | $1.06B-10.4% |
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.
