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Delta10-K: Major contract win

Delta's American Express partnership generated $8.2B in 2025, targeting $10B annually

What happened

The co-brand credit card relationship with American Express is a cornerstone of Delta's high-margin revenue strategy, growing from $8.2 billion in 2025 with a target of $10 billion. This highlights the importance of partner ecosystems and loyalty programs to their financial health.

Source

SEC EDGARFeb 10, 2026

Annual report (Form 10-K)

Delta 10-K for FY2025

Filing excerpt

Our most significant and valuable contract to sell miles relates to our co-brand credit card relationship with American Express. In 2025, remuneration from American Express totaled $8.2 billion, which we expect to grow to $10 billion over the next few years.

sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Major contract win

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 10, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$8.2B (remuneration from American Express in 2025)

Details

CIK
27904
Accession number
0000027904-26-000013
Timeframe
Multi year
Filing year
2026
Why it matters
Scaling needs
Signal category
Revenue

Topics and mentions

Vendors

  • American Express

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
Feb 17, 2026
signal_type
sec-10k
signal_subtype
majorContractWin

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/089c40a8-7f83-4bdd-9001-baeb26d0b21e returns this record as JSON. POST /v1/companies/enrich returns every signal for delta.com.

{
  "signal_id": "089c40a8-7f83-4bdd-9001-baeb26d0b21e",
  "signal_type": "sec-10k",
  "signal_subtype": "majorContractWin",
  "detected_at": "2026-02-17T06:32:06.387+00:00",
  "company": {
    "name": "Delta",
    "domain": "delta.com"
  },
  "data": {
    "detail": "The co-brand credit card relationship with American Express is a cornerstone of Delta's high-margin revenue strategy, growing from $8.2 billion in 2025 with a target of $10 billion. This highlights the importance of partner ecosystems and loyalty programs to their financial health.",
    "metrics": {
      "timeframe": "multi_year",
      "dollar_context": "remuneration from American Express in 2025",
      "dollar_millions": 8200
    },
    "summary": "Delta's American Express partnership generated $8.2B in 2025, targeting $10B annually",
    "excerpts": "Our most significant and valuable contract to sell miles relates to our co-brand credit card relationship with American Express. In 2025, remuneration from American Express totaled $8.2 billion, which we expect to grow to $10 billion over the next few years.",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm",
    "filing_date": "2026-02-10",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Scaling needs",
    "signal_category": "revenue",
    "vendors_mentioned": [
      "American Express"
    ]
  }
}

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