earnings
confidence high
sentiment neutral
materiality 0.75
Delta Q1 adj. EPS $0.64 in line; guides Q2 EPS $1.00-$1.50 on fuel headwinds
DELTA AIR LINES, INC.
2026-Q1 EPS reported
-$0.44
revenue$15,854,000,000
- Non-GAAP EPS $0.64, revenue $14.2B (+9.4% YoY), operating margin 4.6%.
- GAAP net loss $289M ($0.44 loss) on third-party refinery sales and investment mark-to-market.
- June quarter guidance: revenue up low-teens YoY, EPS $1.00-$1.50, pre-tax profit ~$1B.
- Fuel price expected ~$4.30/gal in Q2 (vs $2.62 in Q1); refinery benefit ~$300M.
- Adjusted net debt $13.5B, below 2019; free cash flow $1.2B in Q1.