SKYWEST INC (SKYW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.3B	4.1B	3.5B	2.9B	3.0B
Cost of Revenue	1.3B	1.6B	2.7B	2.6B	2.5B
Gross Profit	3.0B	2.5B	789.0M	372.2M	499.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	269.5M	—	—	—	—
General & Admin Expense	91.3M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	2.1B	1.9B	294.3M	268.1M	318.1M
Total Operating Expenses	2.4B	1.9B	294.3M	268.1M	318.1M
Cost and Expenses	3.7B	3.4B	3.0B	2.8B	2.8B
Operating Income (EBIT)	589.7M	617.8M	494.7M	104.1M	181.2M
Non-Operating
Interest Income	37.1M	43.3M	48.0M	43.9M	17.6M
Interest Expense	99.2M	104.4M	114.3M	130.9M	127.1M
Net Interest Income	(62.1M)	(61.1M)	(66.4M)	(87.0M)	(109.5M)
Other Non-Op Income/Expense	(59.0M)	(52.3M)	(62.5M)	(63.8M)	(88.6M)
Non-Operating Income (excl Interest)	(23.6M)	(52.2M)	(51.8M)	(67.2M)	(38.5M)
EBT (Pre-Tax Income)	530.7M	565.6M	432.1M	40.3M	92.6M
Income Tax Expense	117.6M	137.3M	109.2M	6.0M	19.6M
Bottom Line
Net Income	413.1M	428.3M	323.0M	34.3M	73.0M
Earnings from Cont. Ops	413.1M	428.3M	323.0M	34.3M	73.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	413.1M	428.3M	323.0M	34.3M	73.0M
Per Share
Basic EPS	$10.48	$10.62	$8.02	$0.78	$1.44
Diluted EPS	$10.33	$10.35	$7.77	$0.77	$1.44
Revenue Per Share	$110.31	$100.66	$87.62	$66.81	$59.45
Shares
Basic Shares Outstanding	38.6M	40.3M	40.3M	43.9M	50.5M
Diluted Shares Outstanding	38.8M	41.4M	41.5M	44.6M	50.6M
Profitability Metrics
EBITDA	964.8M	1.0B	930.4M	554.4M	614.2M
D&A	351.4M	364.5M	383.9M	383.1M	394.6M
EBIT	613.4M	670.0M	546.5M	171.2M	219.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026