SkyWest Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,058	3,528	2,935	3,005	2,713
Revenue Growth (YoY)	15.03%	20.18%	-2.31%	10.74%	27.57%
Cost of Revenue	2,745	2,355	2,180	2,111	2,080
Gross Profit	1,313	1,173	755.3	893.86	633.92
Other Operating Expenses	330.77	298.46	265.8	266.76	255.93
Operating Expenses	695.26	682.34	648.92	661.31	696.13
Operating Income	617.85	490.5	106.39	232.55	-62.21
Interest Expense	-104.45	-114.34	-130.93	-127.08	-123.12
Interest & Investment Income	43.33	47.96	43.93	17.61	1.11
Earnings From Equity Investments	-	2.3	-	-	-
Other Non Operating Income (Expenses)	8.86	0.14	9.43	1.57	-7.84
EBT Excluding Unusual Items	565.59	426.56	28.81	124.64	-192.05
Gain (Loss) on Sale of Investments	-	-6.82	-0.48	11.38	-
Gain (Loss) on Sale of Assets	-	8.25	14.3	7.95	4.59
Asset Writedown	-	4.16	-2.32	-51.38	-84.59
Other Unusual Items	-	-	-	-	422.67
Pretax Income	565.59	432.14	40.31	92.58	150.61
Income Tax Expense	137.26	109.18	5.97	19.63	38.7
Net Income	428.33	322.96	34.34	72.95	111.91
Net Income to Common	428.33	322.96	34.34	72.95	111.91
Net Income Growth	32.63%	840.43%	-52.93%	-34.81%	-
Shares Outstanding (Basic)	40	40	44	51	50
Shares Outstanding (Diluted)	41	42	45	51	51
Shares Change (YoY)	-0.35%	-6.84%	-11.94%	-0.21%	1.11%
EPS (Basic)	10.62	8.02	0.78	1.44	2.22
EPS (Diluted)	10.35	7.77	0.77	1.44	2.20
EPS Growth	33.20%	909.09%	-46.53%	-34.54%	-
Free Cash Flow	-	364.18	420.01	-202.22	150.42
Free Cash Flow Per Share	-	8.77	9.42	-3.99	2.96
Gross Margin	32.36%	33.25%	25.73%	29.75%	23.36%
Operating Margin	15.22%	13.90%	3.62%	7.74%	-2.29%
Profit Margin	10.55%	9.15%	1.17%	2.43%	4.12%
Free Cash Flow Margin	-	10.32%	14.31%	-6.73%	5.54%
EBITDA	980.61	874.38	489.5	627.1	377.99
EBITDA Margin	24.16%	24.79%	16.68%	20.87%	13.93%
D&A For EBITDA	362.76	383.88	383.12	394.55	440.2
EBIT	617.85	490.5	106.39	232.55	-62.21
EBIT Margin	15.22%	13.90%	3.62%	7.74%	-2.29%
Effective Tax Rate	24.27%	25.26%	14.80%	21.20%	25.70%
Revenue as Reported	4,058	3,528	2,935	3,005	2,713

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q