Delta Air Lines (DAL) EBT (2009 - 2026)
Delta Air Lines (DAL) reported EBT of -$214.0 million for Q1 2026, down 166.88% on a YoY basis from $320.0 million in Q1 2025, and down 114.14% quarter-over-quarter from $1.5 billion in Q4 2025.
Delta Air Lines (DAL) EBT (2009 - 2026) Analysis & Trends
Delta Air Lines has reported EBT for 18 years, with the latest figure at -$214.0 million in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 166.88% year-over-year to -$214.0 million; the trailing twelve-month figure through Mar 2026 stood at $5.6 billion (up 16.35% YoY), and the FY2025 full-year result was $6.2 billion, up 32.78% from the prior year.
- EBT for Q1 2026 stood at -$214.0 million, down from $1.5 billion in the prior quarter.
- The five-year high for EBT was $2.6 billion in Q2 2025, with the low at -$1.2 billion in Q1 2022.
- Historically, EBT has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2024.
- Annual changes were most pronounced in 2022 — EBT soared 383.54% — and 2026, when it plunged 166.88%.
- Delta Air Lines' EBT stood at $1.1 billion in 2022, then jumped by 103.12% to $2.3 billion in 2023, then sank by 47.16% to $1.2 billion in 2024, then climbed by 25.87% to $1.5 billion in 2025, then tumbled by 114.14% to -$214.0 million in 2026.
- The last three EBT figures came in at -$214.0 million (Q1 2026), $1.5 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -576.83 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -214.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 13.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 285.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 191.96 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -317.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 107.77 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -89.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -336.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 66.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -214.00 Mn |
| Dec 31, 2025 | 1.51 Bn |
| Sep 30, 2025 | 1.78 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Mar 31, 2025 | 320.00 Mn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.56 Bn |
| Jun 30, 2024 | 1.77 Bn |
| Mar 31, 2024 | 122.00 Mn |
| Dec 31, 2023 | 2.28 Bn |
| Sep 30, 2023 | 1.52 Bn |
| Jun 30, 2023 | 2.32 Bn |
| Mar 31, 2023 | -506.00 Mn |
| Dec 31, 2022 | 1.12 Bn |
| Sep 30, 2022 | 962.00 Mn |
| Jun 30, 2022 | 1.03 Bn |
| Mar 31, 2022 | -1.20 Bn |
| Dec 31, 2021 | -395.00 Mn |
| Sep 30, 2021 | 1.53 Bn |
| Jun 30, 2021 | 776.00 Mn |