SkyWest Q1 net income rises to $101 million, or $2.42 per share, from $60 million
SkyWest reported first-quarter 2025 revenue of $948 million, up 18% from $804 million a year earlier, and net income of $101 million, or $2.42 per diluted share, compared with $60 million, or $1.45, in Q1 2024. Operating expenses rose 15% to $809 million, driven by higher aircraft maintenance costs, and net income included a $10 million discrete tax benefit. Profit grew faster than revenue in the period, though the filing gives no full-year guidance.
Key points
- Revenue was $948 million in Q1 2025, up $144 million, or 18%, from $804 million in Q1 2024
- Net income was $101 million, or $2.42 per diluted share, versus $60 million, or $1.45, in Q1 2024
- Net income included a $10 million discrete income tax benefit, or $0.24 per diluted share
- Repurchased 141,000 shares for $13.7 million in Q1 2025, leaving $34 million under the current program as of March 31, 2025
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 April 24, 2025.
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.