SkyWest, Inc. — Third Quarter 2026 Earnings Summary

SkyWest, Inc. reported a net income of $120 million, or $3.08 per diluted share, for the third quarter of 2026, representing an increase from the $116 million reported in the same period of 2025. Total revenue for the quarter reached $1.12 billion, driven by a 5% increase in block hour production, while operating expenses rose 7% to $941 million due to higher fuel costs and increased direct operating expenses. The company took delivery of four new E175 aircraft during the quarter and repurchased 738,000 shares of its common stock for approximately $75 million. As of September 30, 2026, SkyWest held $569 million in cash and marketable securities with total debt standing at $2.4 billion.