Delta Air Lines (DAL) Q3 2025 revenue and earnings rise YoY, beat estimates

Aviation giant Delta Air Lines (NYSE: DAL) on Thursday reported higher revenue and adjusted earnings for the third quarter of fiscal 2025. The numbers also came in above analysts’ estimates.

Operating revenues increased to $16.7 billion in the third quarter from $15.7 billion in the prior-year quarter. As a result, adjusted earnings per share rose to $1.71 in the September quarter from $1.50 a year earlier. Both revenues and the bottom line exceeded Wall Street’s expectations.

On a reported basis, net income was $1.42 billion or $2.17 per share, compared to $1.27 billion or $1.97 per share in Q3 2024. For the fourth quarter, the management expects operating margin to be between 10.5% and 12%, and adjusted earnings per share in the range of $1.60 to $1.90.

“We delivered September quarter results at the top end of our expectations on a combination of strong execution and improving fundamentals,” said Delta’s chief executive officer Ed Bastian.

Prior Performance