SkyWest, Inc. (SKYW) — Financial statements
Income statement, balance sheet, and cash flow for SkyWest, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,058↑15.0% | 3,528↑20.2% | 2,935↓2.3% | 3,005↑10.7% | 2,713 | |
| Cost of Revenue | 1,559↓43.1% | 2,739↑6.9% | 2,563↑2.3% | 2,506↓0.6% | 2,520 | |
| Gross Profit | 2,499↑216.7% | 789↑112.0% | 372↓25.5% | 499↑157.7% | 194 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 1,881↑539.1% | 294↑9.8% | 268↓15.7% | 318↑487.3% | -82 | |
| Operating Expenses | 1,881↑539.1% | 294↑9.8% | 268↓15.7% | 318↑487.3% | -82 | |
| Total Costs & Expenses | 3,440↑13.4% | 3,033↑7.1% | 2,831↑0.3% | 2,824↑15.8% | 2,438 | |
| Operating Results | ||||||
| Operating Income | 618↑24.9% | 495↑375.3% | 104↓42.6% | 181↓34.3% | 276 | |
| Depreciation & Amortization | 364↓5.0% | 384↑0.2% | 383↓2.9% | 395↓10.4% | 440 | |
| EBITDA | 1,035↑11.2% | 930↑67.8% | 554↓9.7% | 614↓14.0% | 714 | |
| EBIT | 670↑22.6% | 546↑219.1% | 171↓22.0% | 220↓19.8% | 274 | |
| Interest & Other Income | ||||||
| Net Interest Income | -61↑7.9% | -66↑23.7% | -87↑20.5% | -109↑10.3% | -122 | |
| Interest Income | 43↓9.7% | 48↑9.2% | 44↑149.5% | 18↑1480.3% | 1 | |
| Interest Expense | 104↓8.7% | 114↓12.7% | 131↑3.0% | 127↑3.2% | 123 | |
| Non-Operating Income | -52↓0.7% | -52↑22.8% | -67↓74.4% | -39↓1903.5% | 2 | |
| Other Income / Expenses | -52↑16.4% | -63↑2.0% | -64↑28.0% | -89↑29.3% | -125 | |
| Income Before Tax | 566↑30.9% | 432↑972.1% | 40↓56.5% | 93↓38.5% | 151 | |
| Income Tax Expense | 137↑25.7% | 109↑1729.7% | 6↓69.6% | 20↓49.3% | 39 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 428↑32.6% | 323↑840.4% | 34↓52.9% | 73↓34.8% | 112 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 428↑32.6% | 323↑840.4% | 34↓52.9% | 73↓34.8% | 112 | |
| Bottom-Line Net Income | 428↑32.6% | 323↑840.4% | 34↓52.9% | 73↓34.8% | 112 | |
| EPS (Basic) | 10.62↑32.4% | 8.02↑928.2% | 0.78↓45.8% | 1.44↓35.1% | 2.22 | |
| EPS (Diluted) | 10.35↑33.2% | 7.77↑909.1% | 0.77↓46.5% | 1.44↓34.8% | 2.21 | |
| Weighted Average Shares | 40↑0.1% | 40↓8.4% | 44↓13.1% | 51↑0.4% | 50 | |
| Weighted Average Diluted Shares | 41↓0.3% | 42↓6.8% | 45↓11.9% | 51↓0.2% | 51 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.