SkyWest, Inc. Announces Third Quarter 2026 Profit
SkyWest reported Q3 2026 net income of $120 million, or $3.08 per diluted share, up from $116 million and $2.81 a year ago, with pre-tax income of $159 million vs $157 million in Q3 2025. Revenue rose 6% YoY to $1.12 billion on 5% higher block hour production, though results were dented by higher prorate fuel costs and flattered by a revised 30-year E175 useful life that cut depreciation. Load factor fell 3 points to 81%.
Key figures
- Eps
- 3.08
- Revenue
- 1117355000
- Guidance
- No explicit guidance; anticipates over 300 E175 aircraft in fleet by end of 2027
- Revenue Yoy
- 6%
- Capex q3
- 163000000
- Net income
- 119523000
- Total debt
- 2400000000
- E175 in fleet
- 276
- Pretax income
- 159487000
- Block hours yoy
- 4.5%
- Operating income
- 176029000
- Buyback q3 shares
- 738000
- Buyback q3 dollars
- $75 million
- Operating expenses
- 941326000
- Passenger load factor
- 81.0%
- Pretax income prior year
- 157169000
- Cash and marketable securities
- 568928000
- Remaining buyback availability
- $238 million
- Aircraft deliveries total pipeline
- 69
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