Filing Flows › Delta Air Lines (DAL) › Operating margin
Delta Air Lines (DAL) operating margin by quarter
Delta Air Lines' operating margin was 7.2% in Q3 2026 (third quarter 2026), -2.2 pts from Q2 2026. Over the last 6 quarters it ranged from 4.1% (Q1 2025) to 12.6% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 7.2% | -2.2 pts | -2.9 pts |
| Q2 2026 | 9.4% | +0.3 pts | -3.2 pts |
| Q4 2025 | 9.2% | -0.9 pts | — |
| Q3 2025 | 10.1% | -2.5 pts | — |
| Q2 2025 | 12.6% | +8.6 pts | — |
| Q1 2025 | 4.1% | — | — |
Q3 2026 at a glance
Delta Air Lines, Q3 2026: revenue $20.2B (+21% year over year), operating margin 7.2%, net earnings $756M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
Questions
What is Delta Air Lines' operating margin?
Delta Air Lines' operating margin was 7.2% in Q3 2026 (third quarter 2026), -2.2 pts from Q2 2026.
How has Delta Air Lines' operating margin changed?
Over the last 6 quarters it ranged from 4.1% (Q1 2025) to 12.6% (Q2 2025).