Skywest Inc (SKYW) Financials
Key financial figures for Skywest Inc (Q3 2026).
SkyWest Q3 2026 diluted EPS of $3.08 (up from $2.81) on revenue of $1.12B, up 6% year over year; EPS $3.08 vs $3.07 FMP estimate, revenue below the FMP estimate. Revenue was $1.117B, up 6% from $1.050B in Q3 2025, on 4.5% more block hours; revenue came in about 1.7% below the $1.136B FMP estimate. Diluted EPS was $3.08 vs $2.81 a year earlier, a hair above the $3.07 FMP estimate; net income was $119.5M vs $116.4M. Operating income was $176.0M vs $174.1M; the company says a longer 30-year estimated useful life for the E175 fleet lowered depreciation, while prorate fuel cost per gallon rose. Cash and marketable securities were $569M, total debt $2.4B (flat vs year-end 2025), and $75M of stock was repurchased with about $238M of authorization left. Figures are for Q3 2026, as SkyWest, Inc. reported them.
- Revenue
- $1.1B
- Net Income
- $120M
- EPS
- $3.10
- Total Assets
- $7.5B
- Operating Cash Flow
- $131M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.1B | $120M | $3.08 | 15.75% | -$32M |
| Q2 FY2026 | $1.1B | $101M | $2.54 | 14.13% | $147M |
| Q1 FY2026 | $1.0B | $102M | $2.50 | 12.21% | $36M |
| Q4 FY2025 | $1.0B | $91M | $2.21 | 13.1% | -$27M |
| Q3 FY2025 | $1.1B | $116M | $2.81 | 16.58% | $158M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $4.1B | $428M | $10.35 | 15.22% | $287M |
| FY2024 | $3.5B | $323M | $7.77 | 14.02% | $364M |
| FY2023 | $2.9B | $34M | $0.77 | 3.55% | $420M |
Frequently asked questions
What was SkyWest, Inc.'s revenue last quarter?
SkyWest, Inc. reported revenue of $1.12 billion for Q3 FY2026, up 6.4% from the same period a year earlier.
Is SkyWest, Inc. profitable?
Yes. SkyWest, Inc. reported net income of $119.5 million for Q3 FY2026, a net margin of 10.7% on revenue.
How has SkyWest, Inc.'s margin trended?
Operating margin was 15.75% in Q3 FY2026, compared with 16.58% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did SkyWest, Inc. generate?
SkyWest, Inc. generated free cash flow of -$31.6 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Skywest Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.