{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-004828","form_type":"8-K","ticker":"DAL","cik":"0000027904","company_name":"DELTA AIR LINES, INC.","filed_at":"2023-07-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.212804+00:00","generated_at":"2026-06-13T09:03:33.547796+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Delta posts record Q2 revenue $15.6B, GAAP EPS $2.84; raises FY EPS guidance to $6-$7","bullets":["Record GAAP revenue $15.6B; adjusted revenue $14.6B +19% YoY. GAAP EPS $2.84, adjusted EPS $2.68.","Record GAAP operating income $2.5B; operating margin 16% GAAP / 17.1% adjusted.","FY 2023 EPS outlook raised to $6-$7; Sep quarter guided EPS $2.20-$2.50 on record revenue.","Free cash flow $1.1B; operating cash flow $2.6B. Repaid $1.8B debt; targeting >$4B debt retirement in 2023.","Reinstated quarterly dividend; adjusted net debt reduced $2.5B from year-end 2022 to $19.8B."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-004828","json":"https://secwatch.observer/filing/0001683168-23-004828.json","markdown":"https://secwatch.observer/filing/0001683168-23-004828.md","text":"https://secwatch.observer/filing/0001683168-23-004828.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/27904/000168316823004828/0001683168-23-004828-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/27904/000168316823004828/delta_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T09:03:33.547796+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":"1b211f40240f57fae1c1bf3be88e93aeeb2116ff","claim":"DELTA AIR LINES, INC. reported FY 2023 results: EPS $6 - $7. Guidance raised.","evidence_excerpt":"id-teens operating margin and EPS of $2.20 - $2.50 Raising full year EPS outlook to $6 - $7 and reiterating free cash flow guide of $3 billion ATLANTA, July 13, 2023 – Delta Air Lines (NYSE: DAL) today","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27904/000168316823004828/0001683168-23-004828-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"EPS","value":"$6 - $7"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"4d53b7b85c07227b031cc6a734ec0b181b8ea2cc","claim":"DELTA AIR LINES, INC. reported the quarter ended June 30, 2023 results: revenue $15.6 billion, EPS $2.84. Guidance raised.","evidence_excerpt":"or $3 billion of free cash flow.” June Quarter 2023 GAAP Financial Results • Record operating revenue of $15.6 billion • Record operating income of $2.5 billion with an operating margin of 16.0 percent • Pre-tax income of $2.3 billion with a pre-tax margin of 14.9 percent • Earnings per share of $2.84 • Operating cash flow of $2.6 billion • Payments on debt and finance lease obligations of $1.8 billion • Total debt and finance lease obligations of $20.2 billion at quarter end June Quarter 2023 Adjusted Financial Results • Record operating revenue of $14.6 billion, 19 percent higher than the June quarter 2022 • Record operating income of $2.5 billion with an operating margin of 17.1 percent • Pre-tax income of $2.2 billion with a pre-tax margin of 15.2 percent • Earnings per share of $2.68 • Operating cash flow of $2.6 billion • Free cash flow of $1.1 billion • Adjusted net debt of $19.8","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27904/000168316823004828/0001683168-23-004828-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$15.6 billion"},{"label":"EPS","value":"$2.84"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9dc66c266cb440452730085847a854dc30a1497b","claim":"DELTA AIR LINES, INC. reported September quarter 2023 results: EPS $2.20 - $2.50. Guidance raised.","evidence_excerpt":"Expect record September quarter revenue, mid-teens operating margin and EPS of $2.20 - $2.50","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27904/000168316823004828/0001683168-23-004828-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"September quarter 2023"},{"label":"EPS","value":"$2.20 - $2.50"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}