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Skywest Inc revenue

Skywest Inc's revenue was $4.06bn in fiscal 2025, up 15.0% on the year before. Since fiscal 2009 ($2.61bn) it has grown at a compound 2.8% a year. Over the last twelve months it was $4.26bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Skywest Inc: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue2,6142,7653,6553,5343,2983,2373,0963,0643,1233,2222,9722,1272,7133,0052,9353,5284,0584,258
Growth on the year before—+5.8%+32.2%−3.3%−6.7%−1.8%−4.4%−1.0%+1.9%+3.2%−7.8%−28.4%+27.6%+10.7%−2.3%+20.2%+15.0%—
Gross profit———————−173388474512109——————
Gross margin———————−5.6%12.4%14.7%17.2%5.1%——————

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Sky West Airlines $3.4B 84.2% ▲ 17.5%
Skywest Leasing $643M 15.8% ▲ 3.3%
Products and services
Line of business Revenue YoY
Flying Agreements $3.9B ▲ 13.8%
Capacity Purchase Agreements Flight Operations Revenue Non Lease Component $2.6B ▲ 7.3%
Prorate Agreements $610M ▲ 33.5%
Capacity Purchase Agreements Fixed Aircraft Lease Revenue $441M ▲ 45.6%
Capacity Purchase Agreements Variable Aircraft Lease Revenue $243M ▲ 2.6%
Lease Airport Services and Other $173M ▲ 50.3%
Lease Airport Service and Other $173M ▲ 50.3%
Airport Customer Service and Other Revenue $74.2M ▲ 145.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Skywest Inc's 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Passenger Airlines: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Skywest Inc $4.26bn 7.0% 14.1%
Frontier Group Holdings, Inc. $4.62bn 24.0% 8.7%
Grupo Aeromexico, S.a.b. De C.v. $5.36bn -4.6% —
Allegiant Travel Co $2.89bn 12.2% 4.9%
Jetblue Airways Corp $9.99bn 9.9% 1.0%
Alaska AIR Group, Inc. $14.76bn 9.8% 12.6%

Compare with peers

Head to head: SKYW vs ULCCAERO vs SKYWALGT vs SKYW

More: Passenger Airlines stocks compared, Industrials sector, rankings of US companies

Figures from Skywest Inc's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Skywest Inc.