Delta Air Lines (DAL) EBITDA (2009 - 2026)
Delta Air Lines posted quarterly EBITDA of -$260.0 million for Q1 2026, down 192.53% year-on-year from $281.0 million in Q1 2025, and down 117.72% on a QoQ basis from $1.5 billion in Q4 2025.
Delta Air Lines (DAL) has 18 years of EBITDA data on file, last reported at -$260.0 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 192.53% year-over-year to -$260.0 million; the trailing twelve-month figure through Mar 2026 stood at $4.8 billion (up 3.36% YoY), and the FY2025 full-year result was $5.8 billion, down 2.89% from the prior year.
- EBITDA for Q1 2026 stood at -$260.0 million, down from $1.5 billion in the prior quarter.
- Across five years, EBITDA topped out at $2.2 billion in Q2 2025 and bottomed at -$881.0 million in Q1 2022.
- The 5-year median for EBITDA is $1.3 billion (2024), against an average of $928.2 million.
- The widest annual swing landed in 2022, when EBITDA surged 458.94%; it then slumped 192.53% in 2026.
- A 5-year view of EBITDA shows it stood at $1.5 billion in 2022, then fell by 10.07% to $1.3 billion in 2023, then advanced by 29.88% to $1.7 billion in 2024, then dropped by 14.56% to $1.5 billion in 2025, then plunged by 117.72% to -$260.0 million in 2026.
- The last three EBITDA figures came in at -$260.0 million (Q1 2026), $1.5 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | -260.00 Mn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 250.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 102.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -279.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 101.05 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 209.59 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -224.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 81.10 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -283.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -260.00 Mn |
| Dec 31, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 2.17 Bn |
| Mar 31, 2025 | 281.00 Mn |
| Dec 31, 2024 | 1.72 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 89.00 Mn |
| Dec 31, 2023 | 1.32 Bn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.87 Bn |
| Mar 31, 2023 | -316.00 Mn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 757.00 Mn |
| Jun 30, 2022 | 798.00 Mn |
| Mar 31, 2022 | -881.00 Mn |
| Dec 31, 2021 | 263.00 Mn |
| Sep 30, 2021 | 1.29 Bn |
| Jun 30, 2021 | 730.00 Mn |
| Mar 31, 2021 | -1.10 Bn |
| Dec 31, 2020 | -858.00 Mn |
| Sep 30, 2020 | -5.38 Bn |
| Jun 30, 2020 | -5.76 Bn |
| Mar 31, 2020 | -443.00 Mn |
| Dec 31, 2019 | 1.40 Bn |
| Sep 30, 2019 | 1.55 Bn |
| Jun 30, 2019 | 1.52 Bn |
| Mar 31, 2019 | 789.00 Mn |
| Dec 31, 2018 | 1.09 Bn |
| Sep 30, 2018 | 1.39 Bn |
| Jun 30, 2018 | 1.11 Bn |
| Mar 31, 2018 | 603.00 Mn |
| Dec 31, 2017 | 1.16 Bn |
| Sep 30, 2017 | 1.23 Bn |
| Jun 30, 2017 | 1.21 Bn |
| Mar 31, 2017 | 626.00 Mn |
| Dec 31, 2016 | 1.02 Bn |
| Sep 30, 2016 | 1.33 Bn |
| Jun 30, 2016 | 1.55 Bn |
| Mar 31, 2016 | 942.00 Mn |
| Dec 31, 2015 | 1.72 Bn |
| Sep 30, 2015 | 1.29 Bn |
| Jun 30, 2015 | 1.49 Bn |
| Mar 31, 2015 | 763.00 Mn |
| Dec 31, 2014 | -828.00 Mn |
| Sep 30, 2014 | 394.00 Mn |
| Jun 30, 2014 | 803.00 Mn |
| Mar 31, 2014 | 204.00 Mn |
| Dec 31, 2013 | 701.00 Mn |
| Sep 30, 2013 | 1.38 Bn |
| Jun 30, 2013 | 780.00 Mn |
| Mar 31, 2013 | 158.00 Mn |
| Dec 31, 2012 | 352.00 Mn |
| Sep 30, 2012 | 1.07 Bn |
| Jun 30, 2012 | -140.00 Mn |
| Mar 31, 2012 | 372.00 Mn |
| Dec 31, 2011 | 726.00 Mn |
| Sep 30, 2011 | 418.00 Mn |
| Jun 30, 2011 | 8.00 Mn |
| Mar 31, 2011 | -143.00 Mn |
| Dec 31, 2010 | 294.00 Mn |
| Sep 30, 2010 | 1.00 Bn |
| Jun 30, 2010 | 852.00 Mn |
| Mar 31, 2010 | 68.00 Mn |
| Dec 31, 2009 | -46.00 Mn |
| Sep 30, 2009 | 204.00 Mn |
| Jun 30, 2009 | 1.00 Mn |