SKYWEST INC (SKYW) Form 8-K — Oct 29, 2026
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, on revenue of $1.12 billion, up 6% year-over-year. Pre-tax income rose to $159 million from $157 million in Q3 2025, though results were pressured by higher prorate fuel costs. SkyWest also revised the estimated useful life of its E175 fleet to 30 years, reducing depreciation expense. The company repurchased 738,000 shares for roughly $75 million in the quarter, leaving about $238 million under its buyback program.
Key figures
- Eps
- 3.08
- Revenue
- 1117355000
- Net Income
- 119523000
- Total Debt
- 2400000000
- Revenue Yoy
- 6%
- Total Assets
- 7508746000
- Cash Position
- 568928000
- Shares Outstanding
- 38,599,000 basic weighted average
- Capex q3 2026
- $163 million
- Diluted eps q2 2026
- 2.54
- Diluted eps q3 2025
- 2.81
- Block hours q3 change
- 4.5% YoY
- Passengers carried q3
- 11993721
- Pretax income q3 2026
- $159 million (vs $157 million Q3 2025, $139 million Q2 2026)
- Shares repurchased q3
- 738,000 shares for ~$75 million
- Passenger load factor q3
- 81.0% (down 3.0 pts YoY)
- Operating expenses q3 2026
- $941 million, up 7% YoY
- E175 deliveries total pipeline
- 69
- Aircraft in service or contract
- 522
- Fleet over 300 e175 by end 2027
- Yes
- Remaining buyback authorization
- $238 million
AI analysis
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