{"schema_version":"secwatch.filing_event.v1","accession":"0000027904-26-000035","form_type":"8-K","ticker":"DAL","cik":"0000027904","company_name":"DELTA AIR LINES, INC.","filed_at":"2026-10-09T10:30:47+00:00","discovered_at":"2026-10-09T10:35:00.404136+00:00","generated_at":"2026-10-12T15:20:18.051470+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Delta Q3 adj EPS $1.72, revenue $17.6B up 16%; guides Q4 revenue +20%, FY2026 EPS $5.10-$5.60","bullets":["Adjusted Q3 EPS $1.72 vs $1.70 a year ago; adjusted pre-tax income $1.5B, operating margin 9.4%; GAAP EPS $1.15 on $20.2B revenue.","Q3 adjusted revenue $17.6B, +16% YoY on flat capacity; TRASM +15%, domestic unit revenue +16%, international +12% led by Latin +22%.","Cost pressure: non-fuel CASM 14.03¢ (+7.3% YoY); adjusted fuel price $3.61/gal (+60%) with 13¢ refinery benefit; adjusted fuel expense $4.1B, +62%.","Guidance: Q4 revenue +~20%, EPS $1.15-$1.65; FY2026 EPS $5.10-$5.60, free cash flow ~$2.5B, gross leverage ~2.2x; fuel assumed at $4.25/gal.","Balance sheet: adjusted net debt $13.4B, down $950M from end-2025; $1.2B debt/lease payments in Q3; plans >$2B debt paydown in 2026; liquidity $6.9B."],"urls":{"canonical":"https://secwatch.observer/filing/0000027904-26-000035","json":"https://secwatch.observer/filing/0000027904-26-000035.json","markdown":"https://secwatch.observer/filing/0000027904-26-000035.md","text":"https://secwatch.observer/filing/0000027904-26-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/27904/000002790426000035/0000027904-26-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/27904/000002790426000035/dal-20261009.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:20:18.051470+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}