Delta Air Lines DAL Revenue Breakdown

NYSE DAL
$83.49 +3.34 (+4.17%)
As of: Nov 2, 2026 · 3:59 PM EST
Annual revenue breakdowns for Delta Air Lines, fiscal 2012 to 2025, as reported in its filings.
Annual history

Delta Air Lines Revenue by Product & Service

Years FY 2016–2025
Lines 8
FY 2025 Total $63.36B

Air Traffic Liability was Delta Air Lines’s largest product and service line in fiscal 2025, bringing in $45.49B of $63.36B (72%).

Delta Air Lines revenue by product and service, fiscal 2016 to 2025
Product and Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Air Traffic Liability $35.63B $43.60B $45.10B $45.49B
Refinery $4.98B $3.38B $4.64B $5.08B
Loyalty Travel Awards $2.90B $3.46B $3.84B $4.24B
Loyalty Program $2.60B $3.09B $3.30B $3.36B
Travel-Related Services $1.69B $1.85B $1.96B $2.04B
Ancillary Businesses $846.00M $840.00M $772.00M $937.00M
Cargo $1.05B $723.00M $822.00M $900.00M
Miscellaneous $894.00M $1.10B $1.22B $1.32B
Total $50.58B $58.05B $61.64B $63.36B
Totals include 2 discontinued lines from earlier reporting.

Delta Air Lines revenue by product and service: what the figures show

Delta Air Lines brought in $63.36B from its eight product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 2.8% from $61.64B in fiscal 2024. Air Traffic Liability was the largest at $45.49B (71.8%), ahead of Refinery at $5.08B (8.0%) and Loyalty Travel Awards at $4.24B (6.7%). The other five lines brought in $8.56B combined.

Compared with fiscal 2024, Loyalty Travel Awards grew fastest, up 10.3% to $4.24B. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $50.58B to $63.36B, a compound annual growth rate of 7.8%. Air Traffic Liability's share of the total rose from 70.4% to 71.8%.

Annual history

Delta Air Lines Revenue by Airline Destination

Years FY 2016–2025
Lines 4
FY 2025 Total $63.36B

Domestic was Delta Air Lines’s largest revenue line in fiscal 2025, bringing in $44.66B of $63.36B (70%).

Delta Air Lines revenue by airline destination, fiscal 2016 to 2025
Airline Destination FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Domestic $38.48B $40.85B $43.51B $44.66B
Atlantic $7.43B $10.46B $10.54B $10.77B
Latin America $3.33B $4.29B $4.56B $4.58B
Pacific $1.34B $2.45B $3.04B $3.36B
Total $50.58B $58.05B $61.64B $63.36B

Delta Air Lines revenue by airline destination: what the figures show

Delta Air Lines brought in $63.36B from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 2.8% from $61.64B in fiscal 2024. Domestic was the largest at $44.66B (70.5%), ahead of Atlantic at $10.77B (17.0%) and Latin America at $4.58B (7.2%). The remaining revenue line, Pacific, brought in $3.36B.

Compared with fiscal 2024, Pacific grew fastest, up 10.8% to $3.36B. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $50.58B to $63.36B, a compound annual growth rate of 7.8%. Domestic's share of the total fell from 76.1% to 70.5%.

Annual history

Delta Air Lines Revenue by Segment

Years FY 2012–2025
Lines 3
FY 2025 Total $63.36B

Airline was Delta Air Lines’s largest segment in fiscal 2025, bringing in $58.29B of $63.36B (92%).

Delta Air Lines revenue by segment, fiscal 2012 to 2025
Segment FY 2012 FY 2013 FY 2016 FY 2017 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Airline $45.61B $54.67B $57.00B $58.29B
Refinery $10.71B $7.57B $7.77B $6.96B
Intersegment Sales/Other -$5.73B -$4.19B -$3.13B -$1.88B
Total $50.58B $58.05B $61.64B $63.36B

Delta Air Lines revenue by segment: what the figures show

Delta Air Lines brought in $63.36B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 2.8% from $61.64B in fiscal 2024. Airline was the largest at $58.29B (92.0%), ahead of Refinery at $6.96B (11.0%).

Compared with fiscal 2024, Airline grew 2.3% to $58.29B, while Refinery fell 10.4% to $6.96B. From fiscal 2022 to 2025, combined revenue from these segments grew from $50.58B to $63.36B, a compound annual growth rate of 7.8%. Airline's share of the total rose from 90.2% to 92.0%.

The total is net of Intersegment Sales/Other, which took $1.88B off revenue in fiscal 2025.

Questions

Delta Air Lines Revenue Breakdown FAQ

How does Delta Air Lines make money?

Delta Air Lines (DAL) reports its revenue by product and service, by airline destination and by segment. In fiscal 2025, Air Traffic Liability was its largest product and service line, bringing in $45.49B (71.8% of the total), followed by Refinery at $5.08B (8.0%).

What is Delta Air Lines' largest product and service line?

Air Traffic Liability was Delta Air Lines' largest product and service line in fiscal 2025, bringing in $45.49B, or 71.8% of the $63.36B total across its eight product and service lines.

What is Delta Air Lines' largest revenue line?

Domestic was Delta Air Lines' largest revenue line in fiscal 2025, bringing in $44.66B, or 70.5% of the $63.36B total across its four revenue lines.

What is Delta Air Lines' largest segment?

Airline was Delta Air Lines' largest segment in fiscal 2025, bringing in $58.29B, or 92.0% of the $63.36B total across its three segments.

Which Delta Air Lines product and service line is growing the fastest?

Among Delta Air Lines' product and service lines that make up at least 2% of revenue, Loyalty Travel Awards grew fastest in fiscal 2025, up 10.3% from $3.84B to $4.24B.

Where does this revenue breakdown data come from?

Every figure comes from Delta Air Lines' annual financial filings, as reported. Each line keeps the name Delta Air Lines gives it, and years follow its fiscal calendar.

How far back does Delta Air Lines' revenue breakdown go?

Delta Air Lines' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.