Delta Air Lines, Inc.
DALNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 9, 2026Score 10/3016% above fair value
$83.42+3.27 (+4.08%)
Close on Nov 2, 2026Market cap $54.86BP/E 16.7Yield 0.81%
Delta Air Lines SkyMiles Loyalty Deferred Revenue by Year
SkyMiles Loyalty Deferred Revenue ($M) ($M)
Delta Air Lines SkyMiles Loyalty Deferred Revenue: $9,262M in FY2025, up 4.9% from a year earlier. That is the highest of the 9 years on record here.
Latest, FY2025
9,262
Period ended Dec 31, 2025
Change on a year earlier
+4.9%
8,826 in FY2024
History
9 years
Since FY2017
Sources
7
Documents cited below
Where the FY2025 figure comes from
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | SkyMiles Loyalty Deferred Revenue ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9,262 | +4.9% | SEC 10-Q (FY2026Q3, filed 2026-10-09) ↗ |
| FY2024 | Dec 31, 2024 | 8,826 | +4.8% | SEC 10-Q (FY2026Q3, filed 2026-10-09) ↗ |
| FY2023 | Dec 31, 2023 | 8,420 | +6.8% | SEC 10-K (FY2025, filed 2026-02-11) ↗ |
| FY2022 | Dec 31, 2022 | 7,882 | +4.3% | SEC 10-K (FY2025, filed 2026-02-11) ↗ |
| FY2021 | Dec 31, 2021 | 7,559 | +5.2% | SEC 10-K (FY2024, filed 2025-02-11) ↗ |
| FY2020 | Dec 31, 2020 | 7,182 | +6.7% | SEC 10-K (FY2023, filed 2024-02-12) ↗ |
| FY2019 | Dec 31, 2019 | 6,728 | +1.3% | SEC 10-K (FY2022, filed 2023-02-10) ↗ |
| FY2018 | Dec 31, 2018 | 6,641 | +5.1% | SEC 10-K (FY2021, filed 2022-02-11) ↗ |
| FY2017 | Dec 31, 2017 | 6,321 | – | SEC 10-K (FY2020, filed 2021-02-12) ↗ |
Breakdown
What makes up skyMiles Loyalty Deferred Revenue
- Current SkyMiles Deferred Revenue Expected to Be Recognized in Next 12 Months ($M)4,876 · FY2025
- Non-Current SkyMiles Deferred Revenue ($M)4,386 · FY2025
- Mileage Credits Cash Sales / Marketing ($M)8,000 · FY2025
- Flight Mileage Credits Earned ($M)4,892 · FY2025
- Redeemed for Air Travel ($M)4,237 · FY2025
- Redeemed for Non-Travel ($M)219 · FY2025
- Award Tickets Redeemed (million tickets, 10-K)35 · FY2025
- % of Total Miles Flown from Award Travel (10-K)12.0% · FY2025
Cite this data
StockData. (2026). Delta Air Lines SkyMiles Loyalty Deferred Revenue ($M), annual FY2017–FY2025 [Data set]. Compiled from Delta Air Lines SEC filings and investor materials. https://stockdatahq.com/stocks/dal/kpis/skymiles-def-rev-total
See every metric in the Delta Air Lines KPI table. Data updated Nov 1, 2026.