Skywest financials
$98.90−1.81%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.06B | $3.53B | $2.94B | $3.00B | $2.71B | $2.13B | $2.97B | $3.22B | $3.12B | $3.06B |
| Gross profit | $3.82B | $3.35B | $2.78B | $2.75B | $2.44B | $1.29B | $2.15B | $2.28B | $2.12B | $2.04B |
| Gross margin | 94.0% | 95.1% | 94.6% | 91.5% | 89.9% | 60.5% | 72.3% | 70.9% | 68.0% | 66.6% |
| Operating income | $617.8M | $494.7M | $104.1M | $181.2M | $275.9M | $108.8M | $512.3M | $474.3M | $388.2M | -$172.7M |
| Net income | $428.3M | $323.0M | $34.3M | $73.0M | $111.9M | -$8.5M | $340.1M | $280.4M | $428.9M | -$161.6M |
| Net margin | 10.6% | 9.2% | 1.2% | 2.4% | 4.1% | −0.4% | 11.4% | 8.7% | 13.7% | −5.3% |
| Diluted EPS | $10.35 | $7.77 | $0.77 | $1.44 | $2.20 | $-0.17 | $6.62 | $5.30 | $8.08 | $-3.14 |
| EBITDA | $982.3M | $878.5M | $487.2M | $575.7M | $800.7M | $583.8M | $902.2M | $808.9M | $681.0M | $577.9M |
| Operating cash flow | $940.4M | $692.5M | $736.3M | $480.4M | $831.8M | $633.6M | $721.0M | $802.5M | $675.9M | $506.7M |
| Free cash flow | $362.3M | $381.7M | $485.0M | -$165.1M | $276.1M | $223.1M | $105.5M | -$294.2M | -$12.8M | -$556.6M |
| Diluted shares | 41.4M | 41.5M | 44.6M | 50.6M | 50.8M | 50.2M | 51.4M | 52.9M | 53.1M | 51.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $122.7M | $227.4M | $148.3M | $103.0M | $258.4M | $215.7M |
| Short-term investments | $584.2M | $574.3M | $686.9M | $944.2M | $602.0M | $610.2M |
| Total debt | $2.39B | $2.67B | $3.01B | $3.38B | $3.11B | $3.20B |
| Total assets | $7.39B | $7.14B | $7.03B | $7.41B | $7.13B | $6.89B |
| Total liabilities | $4.64B | $4.73B | $4.91B | $5.07B | $4.86B | $4.75B |
| Shareholders' equity | $2.75B | $2.41B | $2.11B | $2.35B | $2.27B | $2.14B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology