Delta Air Lines (DAL) Cash from Operations (2009 - 2026)
Delta Air Lines' (DAL) quarterly Cash from Operations came in at $1.6 billion in Q2 2026, down 14.11% on a YoY basis from $1.9 billion in Q2 2025, and down 34.42% quarter-over-quarter from $2.4 billion in Q1 2026.
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Analysis
Delta Air Lines (DAL) Cash from Operations (2009 - 2026) Analysis & Trends
Delta Air Lines (DAL) has reported Cash from Operations for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 14.11% year-over-year to $1.6 billion; the trailing twelve-month figure through Jun 2026 stood at $8.1 billion (up 9.87% YoY), and the FY2025 full-year result was $8.3 billion, up 3.95% from the prior year.
- Cash from Operations retreated to $1.6 billion in Q2 2026 per DAL's latest filing, from $2.4 billion in the prior quarter.
- Across five years, Cash from Operations topped out at $2.6 billion in Q2 2023 and bottomed at $545.0 million in Q4 2023.
- Historically, Cash from Operations has averaged $1.8 billion across 5 years, with a median of $1.9 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Cash from Operations surged 475.5% in 2022, then plunged 54.12% in 2023.
- Over 5 years, Cash from Operations stood at $1.2 billion in 2022, then slumped by 54.12% to $545.0 million in 2023, then soared by 247.52% to $1.9 billion in 2024, then advanced by 19.32% to $2.3 billion in 2025, then retreated by 29.42% to $1.6 billion in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $1.6 billion, $2.4 billion, and $2.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | 1.60 Bn |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 1.40 Bn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | 530.00 Mn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | 185.00 Mn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 291.86 Mn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | 83.00 Mn |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 46.08 Mn |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | -155.00 Mn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | 151.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.60 Bn |
| Mar 31, 2026 | 2.43 Bn |
| Dec 31, 2025 | 2.26 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 1.86 Bn |
| Mar 31, 2025 | 2.38 Bn |
| Dec 31, 2024 | 1.89 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Mar 31, 2024 | 2.41 Bn |
| Dec 31, 2023 | 545.00 Mn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 2.61 Bn |
| Mar 31, 2023 | 2.24 Bn |
| Dec 31, 2022 | 1.19 Bn |
| Sep 30, 2022 | 869.00 Mn |
| Jun 30, 2022 | 2.54 Bn |
| Mar 31, 2022 | 1.77 Bn |
| Dec 31, 2021 | 556.00 Mn |
| Sep 30, 2021 | 151.00 Mn |
API Access
Delta Air Lines Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();