Stock Analysis on Net

Delta Air Lines Inc. (NYSE:DAL)

This company has been moved to the archive! The financial data has not been updated since July 13, 2022.

Income Statement 
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Delta Air Lines Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Passenger 10,958 6,907 7,241 7,191 5,339 2,748 2,698 1,938 678 7,569 10,245 11,410 11,368 9,254 9,648 10,796 10,546 8,765 8,501 9,399 9,231 7,688
Cargo 272 289 304 262 251 215 206 142 108 152 186 189 186 192 214 226 223 202 199 187 183 160
Other 2,594 2,152 1,924 1,701 1,536 1,187 1,069 982 682 871 1,008 961 982 1,026 880 931 1,006 1,001 1,545 1,474 1,377 1,300
Operating revenue 13,824 9,348 9,469 9,154 7,126 4,150 3,973 3,062 1,468 8,592 11,439 12,560 12,536 10,472 10,742 11,953 11,775 9,968 10,245 11,060 10,791 9,148
Aircraft fuel and related taxes (3,223) (2,092) (1,577) (1,552) (1,487) (1,017) (723) (486) (372) (1,595) (2,011) (2,239) (2,291) (1,978) (2,325) (2,498) (2,341) (1,856) (1,526) (1,519) (1,448) (1,240)
Contracted services (791) (753) (697) (634) (570) (519) (380) (379) (344) (675) (667) (685) (657) (632) (529) (562) (540) (544) (557) (561) (543) (523)
Landing fees and other rents (546) (504) (542) (524) (460) (493) (323) (378) (350) (467) (441) (460) (442) (419) (409) (439) (425) (389) (384) (400) (379) (365)
Regional carriers expense (528) (491) (479) (453) (403) (401) (592) (488) (497) (902) (886) (900) (905) (893) (852) (885) (863) (838) (1,156) (1,156) (1,081) (1,110)
Aircraft maintenance materials and outside repairs (522) (465) (387) (433) (287) (294) (204) (106) (43) (469) (417) (424) (434) (476) (342) (371) (427) (435) (496) (503) (475) (518)
Passenger service (369) (275) (237) (226) (175) (118) (90) (88) (88) (257) (313) (345) (322) (271) (286) (329) (300) (263) (261) (315) (271) (220)
Aircraft rent (127) (122) (117) (105) (104) (104) (104) (99) (96) (100) (104) (110) (107) (102) (104) (99) (97) (94) (92) (89) (86) (84)
Cost of operating revenue (6,106) (4,702) (4,036) (3,927) (3,486) (2,946) (2,416) (2,024) (1,790) (4,465) (4,839) (5,163) (5,158) (4,771) (4,847) (5,183) (4,993) (4,419) (4,472) (4,543) (4,283) (4,060)
Gross profit 7,718 4,646 5,433 5,227 3,640 1,204 1,557 1,038 (322) 4,127 6,600 7,397 7,378 5,701 5,895 6,770 6,782 5,549 5,773 6,517 6,508 5,088
Salaries and related costs (2,955) (2,826) (2,632) (2,566) (2,328) (2,202) (1,941) (1,956) (2,086) (2,771) (2,950) (2,884) (2,752) (2,639) (2,738) (2,753) (2,668) (2,584) (2,632) (2,715) (2,616) (2,473)
Ancillary businesses and refinery (1,718) (1,382) (1,233) (1,079) (939) (706) (604) (561) (401) (219) (299) (279) (316) (351) (298) (410) (494) (493)
Depreciation and amortization (510) (506) (504) (501) (501) (492) (498) (545) (591) (678) (622) (631) (713) (615) (570) (573) (583) (603) (586) (574) (535) (540)
Passenger commissions and other selling expenses (526) (312) (313) (308) (222) (110) (85) (94) (45) (358) (489) (539) (538) (427) (468) (535) (511) (427) (443) (482) (458) (404)
Restructuring charges 5 16 (33) (8) 44 (420) (5,345) (2,454)
Government grant recognition 1,822 1,504 1,186 1,351 1,315 1,280
Profit sharing (54) (108) (388) (517) (518) (220) (310) (399) (404) (188) (262) (314) (338) (151)
Other (436) (408) (396) (357) (330) (322) (218) (238) (196) (511) (453) (476) (413) (429) (420) (455) (438) (410) (656) (593) (533) (467)
Operating income (loss) 1,519 (783) 263 2,205 816 (1,398) (858) (6,386) (4,815) (410) 1,399 2,071 2,128 1,020 1,091 1,645 1,684 844 1,194 1,839 2,028 1,053
Interest expense, net (269) (274) (266) (314) (338) (361) (365) (291) (194) (79) (73) (70) (75) (83) (67) (73) (79) (92) (99) (100) (103) (94)
Equity method results (12) (234) (49) (54) (114) (2,058) (260) (72) 27 (17)
Gain (loss) on investments, net (221) (147) (194) (223) 211 262 94 (95) 8 (112) 136 (35) (82) 100 184 50 (238) 18
Loss on extinguishment of debt (41) (25) (54) (183) (26) (56) (8)
Pension and related benefit (expense) 73 73 225 119 107
Miscellaneous, net (16) (44) (135) 96 (6) (15) 30 27 45 254 8 (46) (47) (91) 137 66 19 (38) (5) 66 (34) (44)
Non-operating income (expense), net (486) (417) (658) (673) (40) (117) (249) (473) (2,199) (197) (1) (124) (221) (74) 254 43 (298) (112) (104) (34) (137) (138)
Income (loss) before income taxes 1,033 (1,200) (395) 1,532 776 (1,515) (1,107) (6,859) (7,014) (607) 1,398 1,947 1,907 946 1,345 1,688 1,386 732 1,090 1,805 1,891 915
Income tax (provision) benefit (298) 260 (12) (320) (124) 338 352 1,480 1,297 73 (299) (452) (464) (216) (325) (366) (350) (175) (518) (627) (667) (312)
Net income (loss) 735 (940) (407) 1,212 652 (1,177) (755) (5,379) (5,717) (534) 1,099 1,495 1,443 730 1,020 1,322 1,036 557 572 1,178 1,224 603

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Operating revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Delta Air Lines Inc. operating revenue decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Delta Air Lines Inc. operating income (loss) decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Delta Air Lines Inc. income (loss) before income taxes decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Delta Air Lines Inc. net income (loss) decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.