AI English summary of an SEC filing — figures as filed
Delta said June 2026 quarter GAAP operating income was $1,864 million, down 11% from $2,102 million in the prior year period, net income was $1,604 million, down 25%, and diluted earnings per share were $2.44.
Key points
AI summaryDelta said June 2026 quarter GAAP operating income was $1,864 million, down 11% from $2,102 million in the prior year period, net income was $1,604 million, down 25%, and diluted earnings per share were $2.44.
The company said June quarter adjusted operating revenue was $17,666 million, up 13.9%, adjusted fuel expense was $4,410 million, up 77%, and adjusted average fuel price per gallon was $3.93, up 75%.
Delta said first-half operating cash flow was $4.1 billion and free cash flow was $1.4 billion, and June quarter adjusted free cash flow was $209 million, down 71% from $733 million in the prior year period.
The company reaffirmed full-year adjusted earnings per share guidance of $6.50 to $7.50 and free cash flow of $3 to $4 billion, and for Q3 provided total revenue growth of mid-teens, operating margin of 11% to 13%, and earnings per share of $2.00 to $2.50.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 GAAP Operating Income and Net Income Decline
Delta said June 2026 quarter GAAP operating income was $1,864 million, down 11% from $2,102 million in the prior year period, net income was $1,604 million, down 25%, and diluted earnings per share were $2.44.
Source · Based on the filing body and exhibits
Q2 Adjusted Revenue Growth and Fuel Cost Pressure
The company said June quarter adjusted operating revenue was $17,666 million, up 13.9%, adjusted fuel expense was $4,410 million, up 77%, and adjusted average fuel price per gallon was $3.93, up 75%.
Source · Based on the filing body and exhibits
First-Half Operating Cash Flow and June Quarter Free Cash Flow
Delta said first-half operating cash flow was $4.1 billion and free cash flow was $1.4 billion, and June quarter adjusted free cash flow was $209 million, down 71% from $733 million in the prior year period.
Source · Based on the filing body and exhibits
Full-Year Guidance Reaffirmed and Q3 Outlook
The company reaffirmed full-year adjusted earnings per share guidance of $6.50 to $7.50 and free cash flow of $3 to $4 billion, and for Q3 provided total revenue growth of mid-teens, operating margin of 11% to 13%, and earnings per share of $2.00 to $2.50.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…