secwatch.observer — SEC 8-K summary
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Issuer:     DELTA AIR LINES, INC. (DAL)
CIK:        0000027904
Form:       8-K
Filed at:   2025-07-10T23:59:59+00:00
Accession:  0001683168-25-005002
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delta Q2 adj EPS $2.10, revenue record $15.5B; restores FY guidance, raises dividend 25%
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- GAAP EPS $3.27; adjusted EPS $2.10 vs $2.36 YoY; adjusted operating margin 13.2%.
- Record adjusted revenue $15.5B (+1% YoY) on 4% capacity growth; TRASM down 3%.
- September quarter guidance: EPS $1.25-$1.75, operating margin 9%-11%, revenue flat to +4% YoY.
- Full year 2025 guidance restored: EPS $5.25-$6.25, free cash flow $3-$4 billion.
- Quarterly dividend increased 25% starting September quarter; $2B free cash flow in H1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27904/000168316825005002/0001683168-25-005002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27904/000168316825005002/delta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-005002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer