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Midas Edge

SKYWEST INC

For the period ended Jun 30, 2025. Filed Jul 25, 2025.

View on SEC.gov

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.

Jun 30, 2025 · Filed Jul 25, 2025

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Statements of Comprehensive Income

(In thousands, except per share amounts)

​​​​​​​​​​​​​
​ · ​ · Three months ended · ​ · Six months ended
​ · ​ · June 30, · ​ · June 30,
​2025202420252024
OPERATING REVENUES:​​​​​​​​​​​​
Flying agreements​$987,511​$838,170​$1,903,505​$1,616,459
Lease, airport services and other​47,716​28,948​80,177​54,273
Total operating revenues​1,035,227​867,118​1,983,682​1,670,732
OPERATING EXPENSES:​​​​​​​​​​​​
Salaries, wages and benefits​390,243​355,005​767,554​706,004
Aircraft maintenance, materials and repairs​238,885​183,267​447,985​328,682
Depreciation and amortization​90,150​96,814​179,596​192,684
Airport-related expenses​27,116​17,535​54,939​38,423
Aircraft fuel​27,459​21,328​51,947​42,492
Other operating expenses​91,246​73,529​172,156​143,301
Total operating expenses​865,099​747,478​1,674,177​1,451,586
OPERATING INCOME​170,128​119,640​309,505​219,146
OTHER INCOME (EXPENSE):​​​​​​​​​​​​
Interest income​11,050​12,040​21,136​23,666
Interest expense​(26,566)​(28,966)​(53,684)​(58,795)
Other income (expense), net​8,504​(548)​6,877​(1,676)
Total other expense, net​(7,012)​(17,474)​(25,671)​(36,805)
INCOME BEFORE INCOME TAXES​163,116​102,166​283,834​182,341
PROVISION FOR INCOME TAXES​42,847​26,588​63,014​46,465
NET INCOME​$120,269​$75,578​$220,820​$135,876
​​​​​​​​​​​​​
BASIC EARNINGS PER SHARE​$2.98​$1.88​$5.46​$3.38
DILUTED EARNINGS PER SHARE​$2.91​$1.82​$5.32​$3.28
Weighted average common shares:​​​​​​​​​​​​
Basic​40,416​​40,179​​40,453​​40,239
Diluted​41,351​​41,431​​41,475​​41,462
​​​​​​​​​​​​​
COMPREHENSIVE INCOME:​​​​​​​​​​​​
Net income​$120,269​$75,578​$220,820​$135,876
Net unrealized depreciation on marketable securities, net of taxes​(76)​(660)​(151)​(833)
TOTAL COMPREHENSIVE INCOME​$120,193​$74,918​$220,669​$135,043
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.