SKYWEST INC

For the period ended Mar 31, 2026. Filed Apr 24, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 24, 2026

SKYW$83.76+0.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive Income

(In thousands, except per share amounts)


· · Three months ended ·
· · March 31, ·
· · 2026 · · 2025
OPERATING REVENUES:
Flying agreements	$977,885	$915,994
Lease, airport services and other	35,292	32,461
Total operating revenues	1,013,177	948,455
OPERATING EXPENSES:
Salaries, wages and benefits	422,104	377,311
Aircraft maintenance, materials and repairs	213,027	209,100
Depreciation and amortization	90,216	89,446
Airport-related expenses	36,170	27,823
Aircraft fuel	38,904	24,488
Other operating expenses	89,070	80,910
Total operating expenses	889,491	809,078
OPERATING INCOME	123,686	139,377
OTHER INCOME (EXPENSE):
Interest income	8,597	10,086
Interest expense	(24,465)	(27,118)
Other expense, net	(48)	(1,627)
Total other expense, net	(15,916)	(18,659)
INCOME BEFORE INCOME TAXES	107,770	120,718
PROVISION FOR INCOME TAXES	6,078	20,167
NET INCOME	$101,692	$100,551

BASIC EARNINGS PER SHARE	$2.54	$2.48
DILUTED EARNINGS PER SHARE	$2.50	$2.42
Weighted average common shares:
Basic	39,999	40,490
Diluted	40,668	41,599

COMPREHENSIVE INCOME:
Net income	$101,692	$100,551
Net unrealized depreciation on marketable securities, net of taxes	(644)	(75)
TOTAL COMPREHENSIVE INCOME	$101,048	$100,476

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.