Premium Strategy Works: Delta’s 2025 Revenue Hits $63B

Delta Air Lines reported its financial results for the fourth quarter and full year 2025, showing steady revenue growth.

Fourth quarter 2025 financial results

Revenue reached $16.0 billion, up from $15.6 billion in the same period of 2024.

Profit totaled $1.5 billion, resulting in an operating margin of 9.2 percent. This compares with operating income of $1.7 billion and an operating margin of 11.0 percent in the fourth quarter of 2024.

Earnings per share rose sharply to $1.86, compared with $1.29 a year earlier, reflecting disciplined cost management.

Full year 2025 financial results

Delta generated revenue of $63.4 billion, up from $61.6 billion in 2024.

Profit came in at $5.8 billion, producing an operating margin of 9.2 percent, slightly below the $6.0 billion and 9.7 percent margin reported in 2024.

Earnings per share increased to $7.66, a significant improvement from $5.33 in the prior year.

Delta also continued to strengthen its balance sheet, making $4.8 billion in payments toward debt and finance lease obligations, compared with $4.0 billion in 2024.

Diversified revenue and premium demand

Delta said growth in diverse, high-margin revenue streams was a key driver of overall performance.

In 2025, diversified revenue grew 7 percent year over year and accounted for 60 percent of total company revenue.

Premium revenue also increased 7 percent compared with 2024, supported by strong demand for premium cabins and branded products.

Amex partnership strength

The airline highlighted continued momentum in its co-brand credit card business with American Express. Remuneration from Amex grew 11 percent in 2025 to $8.2 billion, with more than 1 million new cardholders added for the fourth consecutive year, underscoring growing customer loyalty and brand preference.

Check out Delta’s financial results for the third quarter of 2025, which reported record revenue of $15.2 billion and a profit of $1.4 billion.

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