Delta Air Lines, Inc. (DAL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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DAL Revenue Growth
Revenue Breakdown (FY 2024)
DAL's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
DAL Revenue Analysis (2014–2025)
As of May 6, 2026, Delta Air Lines, Inc. (DAL) generated trailing twelve-month (TTM) revenue of $63.36 billion, reflecting modest growth of +2.9% year-over-year. The most recent quarter (Q4 2025) recorded $16.00 billion in revenue, down 4.0% sequentially.
Looking at the longer-term picture, DAL's 5-year compound annual growth rate (CAGR) stands at +30.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $63.36 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows DAL's business is primarily driven by Airline (92%), Refinery (13%), and Exchanged Products (-5%). With over half of revenue concentrated in Airline, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including UAL (+4.7% YoY), AAL (+3.3% YoY), and LUV (+4.7% YoY), DAL has underperformed the peer group in terms of revenue growth. Compare DAL vs UAL →
DAL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DALCurrent | $63.4B | +2.9% | +30.0% | 9.2% | |
 UAL | $59.1B | +4.7% | +30.9% | 8.0% | |
 AAL | $54.6B | +3.3% | +25.8% | 2.7% | |
 LUV | $28.1B | +4.7% | +25.4% | 1.5% | |
 ALK | $14.2B | +21.3% | +31.9% | 2.1% | |
 JBLU | $9.1B | -0.5% | +25.1% | -4.1% |
DAL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $63.36B | +2.8% | $14.47B | 22.8% | $5.82B | 9.2% |
| 2024 | $61.64B | +6.2% | $16.56B | 26.9% | $6.00B | 9.7% |
| 2023 | $58.05B | +14.8% | $15.52B | 26.7% | $5.52B | 9.5% |
| 2022 | $50.58B | +69.2% | $11.16B | 22.1% | $3.66B | 7.2% |
| 2021 | $29.90B | +74.9% | $2.13B | 7.1% | $1.89B | 6.3% |
| 2020 | $17.09B | -63.6% | $-4,368,000,000 | -25.6% | $-12,469,000,000 | -72.9% |
| 2019 | $47.01B | +5.8% | $13.60B | 28.9% | $6.62B | 14.1% |
| 2018 | $44.44B | +8.0% | $11.10B | 25.0% | $5.26B | 11.8% |
| 2017 | $41.14B | +4.3% | $11.51B | 28.0% | $5.97B | 14.5% |
| 2016 | $39.45B | -3.1% | $12.29B | 31.1% | $7.00B | 17.7% |
Full DAL Stock Analysis
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Start ComparisonDAL — Frequently Asked Questions
Quick answers to the most common questions about buying DAL stock.
Is DAL's revenue growth accelerating or slowing?
DAL revenue growth slowed to +2.9%, below the 5-year CAGR of +30.0%. TTM revenue is $63.4B. The deceleration marks a shift from historical growth rates.
What is DAL's long-term revenue growth rate?
Delta Air Lines, Inc.'s 5-year revenue CAGR of +30.0% reflects the variable expansion pattern. Current YoY growth of +2.9% is near this long-term average.
How is DAL's revenue distributed by segment?
DAL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.