Also trades as: 0QZ4.L (LSE) · $vol 2M

$76.14

+0.49 (+0.65%)

Weekly Expected Move ±4.0%

$65 $67 $70 $73 $76

NYSE · Industrials · Airlines, Airports & Air Services · Alpha Radar Buy · Power 70 · $50.0B mcap · 649M float · 1.77% daily turnover · Short 64% of daily vol

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$63.4B +2.8% ▲

5Y CAGR: +30.0%

Gross Profit

$14.5B -12.6% ▼

Operating Income

$5.8B -2.9% ▼

Net Income

$5.0B +44.8% ▲

EPS (Diluted)

$7.66 +43.7% ▲

EBITDA

$8.0B +1.4% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$29.9B	$50.6B	$58.0B	$61.6B	$63.4B
YoY Growth	+74.9%	+69.2%	+14.8%	+6.2%	+2.8%
Cost of Revenue	$27.8B	$39.4B	$42.5B	$45.1B	$48.9B
Gross Profit	$2.1B	$11.2B	$15.5B	$16.6B	$14.5B
Gross Margin	7.1%	22.1%	26.7%	26.9%	22.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$502M	$2.5B	$3.7B	$3.9B	$2.5B
Operating Expenses	$247M	$7.5B	$10.0B	$10.6B	$8.7B
Operating Income	$1.9B	$3.7B	$5.5B	$6.0B	$5.8B
Operating Margin	6.3%	7.2%	9.5%	9.7%	9.2%
Interest Expense	$1.3B	$1.0B	$834M	$747M	$679M
Income Before Tax	$398M	$1.9B	$5.6B	$4.7B	$6.2B
Tax Expense	$118M	$596M	$999M	$1.2B	$1.2B
Net Income	$280M	$1.3B	$4.6B	$3.5B	$5.0B
Net Margin	0.9%	2.6%	7.9%	5.6%	7.9%
EPS (Diluted)	$0.44	$2.06	$7.17	$5.33	$7.66
EBITDA	$3.7B	$5.0B	$8.8B	$7.9B	$8.0B
Shares Outstanding	641M	641M	643M	648M	654M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$16.7B	$15.7B	$15.6B	$14.0B	$16.6B	$16.7B	$16.0B	$15.9B
Cost of Revenue	$11.5B	$11.5B	$11.1B	$11.0B	$11.6B	$12.8B	$12.4B	$11.3B
Gross Profit	$5.1B	$4.1B	$4.4B	$3.0B	$5.0B	$3.9B	$3.6B	$4.5B
Gross Margin	30.7%	26.4%	28.6%	21.5%	30.3%	23.5%	22.4%	28.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$1.2B	$963M	$1.0B	$676M	$1.1B	$1.0B	$616M	$590M
Operating Expenses	$2.9B	$2.8B	$2.7B	$2.4B	$2.9B	$2.2B	$2.1B	$4.0B
Operating Income	$2.3B	$1.4B	$1.7B	$569M	$2.1B	$1.7B	$1.5B	$501M
Operating Margin	13.6%	8.9%	11.0%	4.1%	12.6%	10.1%	9.2%	3.2%
Interest Expense	$188M	$173M	$180M	$179M	$172M	$171M	$157M	$151M
Income Before Tax	$1.8B	$1.6B	$1.2B	$320M	$2.6B	$1.8B	$1.5B	-$214M
Tax Expense	$468M	$289M	$359M	$80M	$444M	$360M	$294M	$75M
Net Income	$1.3B	$1.3B	$843M	$240M	$2.1B	$1.4B	$1.2B	-$289M
Net Margin	7.8%	8.1%	5.4%	1.7%	12.8%	8.5%	7.6%	-1.8%
EPS (Diluted)	$2.01	$1.97	$1.29	$0.37	$3.26	$2.17	$1.86	$-0.44
EBITDA	$2.6B	$2.4B	$2.0B	$1.1B	$3.3B	$3.2B	$2.0B	$1.1B
Shares Outstanding	648M	647M	652M	652M	652M	653M	656M	652M

DAL NYSE