Earnings ·
SkyWest reports Q3 diluted EPS of $3.08 on $1.12B revenue
SKYWSkywest Inc
SkyWest reported third-quarter 2026 net income of $120 million, or $3.08 per diluted share, compared to $116 million, or $2.81 per diluted share, in the prior-year period. Revenue rose 6% to $1.12 billion from $1.05 billion, driven by a 5% increase in block hour production. Pre-tax income reached $159 million, up slightly from $157 million in Q3 2025. The company took delivery of four new E175 aircraft and repurchased approximately $75 million worth of shares during the quarter. SkyWest is a regional airline that operates flights for major carriers including United, Delta, American, and Alaska.