SkyWest Q2 FY26 net income falls 16% to $101 million; revenue rises 7% to $1.1 billion

Reuters2026/07/23 20:07

By:Reuters

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SkyWest posted Q2 2026 net income of $101 million, down 16% year over year, with diluted EPS of $2.54 versus $2.91.
Revenue rose 7% to $1.1 billion as block hour production increased 5% from Q2 2025.
Operating expenses climbed 9% to $947 million, driven by higher production-related costs and higher prorate fuel cost per gallon.
Cash and marketable securities totaled $601 million at June 30, 2026, down from $707 million at Dec. 31, 2025; total debt was $2.3 billion.
SkyWest secured a deal to buy and operate 11 new E175s for American Airlines, replacing 11 CRJ700s; CEO Chip Childs cited plans to add 34 more E175s through 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SkyWest Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723720419) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SkyWest Q2 FY26 net income falls 16% to $101 million; revenue rises 7% to $1.1 billion

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