SkyWest Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,123	4,058	3,528	2,935	3,005	2,713
Revenue Growth (YoY)	12.26%	15.03%	20.18%	-2.31%	10.74%	27.57%
Cost of Revenue	2,817	2,745	2,350	2,155	2,111	2,080
Gross Profit	1,306	1,313	1,178	780.81	893.86	633.92
Selling, General & Admin	-	-	-	-	-	-422.67
Depreciation & Amortization Expenses	365.27	364.5	383.88	383.12	394.55	440.2
Other Operating Expenses	338.93	330.77	299.56	293.63	318.15	340.52
Total Operating Expenses	704.19	695.26	683.44	676.74	712.7	358.05
Operating Income	602.16	617.85	494.66	104.07	181.16	275.87
Interest Income	41.84	43.33	47.96	43.93	17.61	1.11
Interest Expense	-101.79	-104.45	-114.34	-130.93	-127.08	-123.12
Other Non-Operating Income (Expense)	10.44	8.86	3.87	23.24	20.9	-3.25
Total Non-Operating Income (Expense)	-49.51	-52.26	-62.51	-63.76	-88.58	-125.26
Pretax Income	552.64	565.59	432.14	40.31	92.58	150.61
Provision for Income Taxes	123.17	137.26	109.18	5.97	19.63	38.7
Net Income	429.48	428.33	322.96	34.34	72.95	111.91
Net Income to Common	429.48	428.33	322.96	34.34	72.95	111.91
Net Income Growth	18.24%	32.63%	840.43%	-52.93%	-34.81%	-
Shares Outstanding (Basic)	40	40	40	44	51	50
Shares Outstanding (Diluted)	41	41	42	45	51	51
Shares Change (YoY)	-0.97%	-0.35%	-6.84%	-11.94%	-0.21%	1.11%
EPS (Basic)	10.69	10.62	8.02	0.78	1.44	2.22
EPS (Diluted)	10.43	10.35	7.77	0.77	1.44	2.20
EPS Growth	19.34%	33.20%	909.09%	-46.53%	-34.54%	-
Shares Outstanding	39.76	39.87	40.33	40.22	50.6	50.38
Free Cash Flow	306.91	362.3	381.71	485.01	-165.12	276.12
Free Cash Flow Growth	-15.29%	-5.08%	-21.30%	-	-	41.41%
Free Cash Flow Per Share	7.45	8.75	9.19	10.87	-3.26	5.44
Gross Margin	31.69%	32.36%	33.39%	26.60%	29.75%	23.36%
Operating Margin	14.61%	15.22%	14.02%	3.55%	6.03%	10.17%
Profit Margin	10.42%	10.55%	9.15%	1.17%	2.43%	4.12%
FCF Margin	7.44%	8.93%	10.82%	16.52%	-5.49%	10.18%
EBITDA	602.16	982.34	878.54	487.18	575.71	716.07
EBITDA Margin	14.61%	24.21%	24.90%	16.60%	19.16%	26.39%
EBIT	602.16	617.85	494.66	104.07	181.16	275.87
EBIT Margin	14.61%	15.22%	14.02%	3.55%	6.03%	10.17%
Effective Tax Rate	22.29%	24.27%	25.26%	14.80%	21.20%	25.70%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q