DAL · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
DELTA AIR LINES, INC. · 2026-07-10 · Importance 60 · Surprise 40 · No source text
Total revenue increased $4.9 billion, or 16%, for the six months ended June 30, 2026 on a 1% increase in capacity, driven by passenger revenue growth of $2.6 billion year-to-date. Passenger revenue mix shifted higher with Premium products revenue rising to $12.3 billion and Main cabin ticket revenue also increasing, supporting higher TRASM and PRASM metrics (TRASM, adjusted of 21.55¢ vs. 19.50¢ year-to-date). Domestic passenger revenue rose 11% on 2% higher capacity while international passenger revenue rose 7% on 1% higher capacity, and load factors remained high (YTD passenger load factor 83.3%). Revenue growth accelerated in the June quarter as higher pricing followed rising fuel costs beginning in March 2026.
Key facts
- Total revenue per available seat mile (TRASM) for the three months ended June 30, 2026: 25.11 cents versus 21.44 cents prior period; TRASM, adjusted was 22.45 cents versus 19.97 cents prior period. source
- Ticket - Premium products revenue for the six months ended June 30, 2026: $12,282 million (increase of $1,677 million versus prior period). source
- Other revenue for the six months ended June 30, 2026: $7,181 million versus $4,920 million in prior period, increase of $2,261 million. source
- Total operating revenue for the six months ended June 30, 2026: $35,611 million versus $30,688 million in prior period, increase of $4,923 million. source
- Total other revenue for the six months ended June 30, 2026: $7,181 million versus $4,920 million, increase of $2,261 million. source
- Total revenue, adjusted for the three months ended June 30, 2026: $17,666 million (total revenue $19,757 less third-party refinery sales $2,091). source
- Other revenue (three months ended June 30, 2026) was $3,856 million versus $2,569 million in the prior year period (increase of $1,287 million). source
- Three months ended June 30, 2026 passenger revenue: $15,607 million; three months ended June 30, 2025 passenger revenue: $13,867 million (increase of $1,740 million). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +24.9% | Total operating revenue for the six months ended June 30, 2026: $35,611 million versus $30,688 million in prior period, increase of $4,923… |
| revenue | positive | realized | +15.7% | Three months ended June 30, 2026 total operating revenue: $19,757 million; three months ended June 30, 2025 total operating revenue:… |
| revenue | positive | realized | +13.0% | Total passenger revenue for the six months ended June 30, 2026: $27,909 million (increase of $2,562 million versus prior period). |
| revenue | positive | realized | +8.8% | Three months ended June 30, 2026 passenger revenue: $15,607 million; three months ended June 30, 2025 passenger revenue: $13,867 million… |
| revenue | positive | realized | +6.5% | Other revenue (three months ended June 30, 2026) was $3,856 million versus $2,569 million in the prior year period (increase of $1,287… |