---
schema_version: "secwatch.filing_event.v1"
accession: "0000027904-26-000020"
form_type: "8-K"
ticker: "DAL"
cik: "0000027904"
company_name: "DELTA AIR LINES, INC."
filed_at: "2026-04-08T23:59:59+00:00"
generated_at: "2026-05-15T06:57:04.393090+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Delta Q1 adj. EPS $0.64 in line; guides Q2 EPS $1.00-$1.50 on fuel headwinds

## Summary
- 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.

## SEC filing metadata
- accession: 0000027904-26-000020
- form_type: 8-K
- ticker: DAL
- cik: 0000027904
- company_name: DELTA AIR LINES, INC.
- filed_at: 2026-04-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27904/000002790426000020/0000027904-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27904/000002790426000020/dal-20260408.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000027904-26-000020
- JSON: https://secwatch.observer/filing/0000027904-26-000020.json
- Plain text: https://secwatch.observer/filing/0000027904-26-000020.txt

## Key facts
- Earnings Releases
  DELTA AIR LINES, INC. updated its the quarter ended March 31, 2026 guidance (reaffirmed).
  - Period: the quarter ended March 31, 2026
  - Guidance: reaffirmed
  - Result: reported results
  source text: Delta Air Lines, Inc. today issued a press release reporting financial results for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27904/000002790426000020/0000027904-26-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.