{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-002326","form_type":"8-K","ticker":"DAL","cik":"0000027904","company_name":"DELTA AIR LINES, INC.","filed_at":"2023-04-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.699103+00:00","generated_at":"2026-06-17T02:49:22.038212+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 Q1 adjusted EPS $0.25, revenue $11.8B; expects record June quarter revenue","bullets":["GAAP: net loss $363M ($0.57 loss per share); adjusted net income $163M ($0.25 EPS).","Adjusted operating revenue $11.8B, up 45% YoY; operating margin 4.6%.","Record March quarter operating cash flow $2.9B; free cash flow $1.9B; debt repayment $1.2B.","June quarter guidance: record revenue, operating margin 14-16%, EPS $2.00-$2.25.","Full-year 2023 guidance: EPS $5-$6, free cash flow >$2B."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-002326","json":"https://secwatch.observer/filing/0001683168-23-002326.json","markdown":"https://secwatch.observer/filing/0001683168-23-002326.md","text":"https://secwatch.observer/filing/0001683168-23-002326.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/27904/000168316823002326/0001683168-23-002326-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/27904/000168316823002326/delta_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:49:22.038212+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":[{"claim_id":"401acb51bb4d4e39f604f6c71269069719670a45","claim":"DELTA AIR LINES, INC. reported the quarter ended March 31, 2023 results: revenue $12.8 billion, EPS ($0.57). Guidance reaffirmed.","evidence_excerpt":"20 percent year over year, earnings of $5 to $6 per share and free cash flow of over $2 billion,” Bastian said. March Quarter 2023 GAAP Financial Results • Operating revenue of $12.8 billion • Operating loss of $277 million with an operating margin of (2.2) percent • Pre-tax loss of $506 million with a pre-tax margin of (4) percent • EPS of ($0.57) • Operating cash","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27904/000168316823002326/0001683168-23-002326-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$12.8 billion"},{"label":"EPS","value":"($0.57)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}