KPIs & Operating Metrics(New)
Growth Metrics

Delta Air Lines (DAL) Operating Expenses (2016 - 2025)

Delta Air Lines (DAL) has disclosed Operating Expenses for 17 consecutive years, with $14.5 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 5.01% year-over-year to $14.5 billion, compared with a TTM value of $57.5 billion through Dec 2025, up 3.4%, and an annual FY2025 reading of $57.5 billion, up 3.4% over the prior year.
  • Operating Expenses was $14.5 billion for Q4 2025 at Delta Air Lines, down from $15.0 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $15.0 billion in Q3 2025 and bottomed at $5.5 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $12.0 billion, with a median of $13.1 billion recorded in 2023.
  • The sharpest move saw Operating Expenses crashed 38.37% in 2021, then surged 95.04% in 2022.
  • Year by year, Operating Expenses stood at $9.2 billion in 2021, then rose by 29.96% to $12.0 billion in 2022, then rose by 7.82% to $12.9 billion in 2023, then rose by 7.29% to $13.8 billion in 2024, then rose by 5.01% to $14.5 billion in 2025.
  • Business Quant data shows Operating Expenses for DAL at $14.5 billion in Q4 2025, $15.0 billion in Q3 2025, and $14.5 billion in Q2 2025.