SkyWest Q2 net income rises to $76 million, or $1.82 per diluted share
SkyWest reported second quarter 2024 net income of $76 million, or $1.82 per diluted share, compared with $15 million, or $0.35 per diluted share, a year earlier. Revenue rose 19% to $867 million, while operating expenses rose 8% to $747 million as block hour production increased 12%. The company also repurchased 177,000 shares for $13.3 million in the quarter and had $69 million of remaining availability under its buyback program as of June 30, 2024.
Key points
- Q2 2024 net income of $76 million, or $1.82 per diluted share, versus $15 million, or $0.35, in Q2 2023
- Revenue of $867 million, up $141 million, or 19%, from $726 million in Q2 2023
- Operating expenses of $747 million, up 8%; block hour production increased 12%
- Repurchased 177,000 shares for $13.3 million at an average price of $75.23; $69 million remaining under the program
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.