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SkyWest, Inc. (SKYW)

Nasdaq Industrials Passenger Airlines S&P SmallCap 600
$79.38
-0.53 (-0.66%)
Close of Nov 06, 2026 · end-of-day data
Source: SkyWest, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$3.12B$3.12B$3.22B$2.97B$2.13B$2.71B$3.00B$2.94B$3.53B$4.06B
Cost of revenue$3.24B$2.73B$2.75B$2.46B$2.02B—————
Gross profit-$115.18M$388.20M$474.28M$512.26M$108.80M—————
Operating income-$172.68M$388.20M$474.28M$512.26M$108.80M$275.87M$181.16M$104.07M$494.66M$617.85M
Interest expense$78.18M$104.92M$120.41M$127.75M$123.17M$123.12M$127.08M$130.93M$114.34M$104.44M
Pre-tax income-$248.81M$288.18M$366.31M$446.31M-$7.33M$150.61M$92.58M$40.31M$432.14M$565.59M
Income tax-$87.23M-$140.72M$85.94M$106.21M$1.19M$38.70M$19.63M$5.97M$109.18M$137.26M
Net income-$161.59M$428.91M$280.37M$340.10M-$8.52M$111.91M$72.95M$34.34M$322.96M$428.33M
EBITDA$112.28M$680.97M$808.87M$880.36M$583.76M$716.07M$575.71M$487.18M$878.54M$982.34M
EPS (basic)$-3.14$8.28$5.40$6.68$-0.17$2.22$1.44$0.78$8.02$10.62
EPS (diluted)$-3.14$8.08$5.30$6.62$-0.17$2.20$1.44$0.77$7.77$10.35
Diluted shares51.51M53.10M52.87M51.38M50.20M50.75M50.64M44.60M41.55M41.40M
Gross margin-3.7%12.4%14.7%17.2%5.1%—————
Operating margin-5.5%12.4%14.7%17.2%5.1%10.2%6.0%3.5%14.0%15.2%
Net margin-5.2%13.7%8.7%11.4%-0.4%4.1%2.4%1.2%9.2%10.6%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$146.77M$181.79M$328.38M$87.21M$215.72M$258.42M$102.98M$148.28M$227.36M$122.67M
Short-term investments—$503.50M$360.94M$432.97M$610.18M$601.99M$944.23M$686.95M$574.27M$584.24M
Receivables$46.92M$42.73M$64.20M$83.00M$34.50M$65.30M$100.50M$82.90M$122.80M—
Total current assets$917.79M$995.13M$1.02B$760.35M$982.80M$1.07B$1.37B$1.13B$1.12B$1.09B
Total assets$5.01B$5.47B$6.31B$6.66B$6.89B$7.13B$7.41B$7.03B$7.14B$7.39B
Total current liabilities$747.26M$820.83M$924.83M$924.68M$941.72M$1.19B$1.17B$1.25B$1.43B$1.67B
Short-term debt$305.46M$309.68M$350.21M$364.13M$402.16M$391.80M$438.50M$443.87M$535.59M$546.81M
Long-term debt$2.24B$2.38B$2.81B$2.63B$2.80B$2.72B$2.94B$2.56B$2.14B$1.85B
Total debt$2.55B$2.69B$3.16B$2.99B$3.20B$3.11B$3.38B$3.01B$2.67B$2.39B
Total liabilities$3.66B$3.72B$4.35B$4.48B$4.75B$4.86B$5.07B$4.91B$4.73B$4.64B
Shareholders' equity$1.35B$1.75B$1.96B$2.18B$2.14B$2.27B$2.35B$2.11B$2.41B$2.75B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$506.67M$684.12M$802.53M$721.03M$633.56M$831.82M$480.38M$736.33M$692.46M$940.36M
Capital expenditures$14.35M$27.47M$34.40M$80.59M$12.68M$18.13M$13.03M$13.26M$44.90M$32.02M
Free cash flow$492.31M$656.66M$768.14M$640.44M$620.88M$813.69M$467.35M$723.08M$647.57M$908.34M
Investing cash flow-$1.18B-$751.34M-$983.40M-$657.03M-$683.47M-$698.52M-$904.89M-$23.23M-$228.63M-$651.83M
Financing cash flow$614.14M$102.24M$327.46M-$305.17M$178.43M-$90.60M$269.08M-$667.81M-$384.75M-$393.22M
Dividends paid$9.26M$15.02M$19.74M$23.47M$13.06M—————
Share buybacks—$20.01M$54.45M$78.48M$20.00M—————
Stock-based compensation$7.57M$10.58M$13.11M$10.27M$6.80M$8.69M$9.16M$17.12M$19.86M$18.73M
Depreciation & amortization$284.97M$292.77M$334.59M$368.10M$474.96M$440.20M$394.55M$383.12M$383.88M$364.50M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.