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SkyWest (SKYW)
NASDAQ:SKYW
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.23Last Year’s EPS
2.42Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong financial and operational wins — notable profit growth (31% pretax increase), robust EBITDA, meaningful free cash flow, significant debt reduction, active share buybacks, and major E175 contract extensions and orderbook expansion — while acknowledging near-term headwinds from a government shutdown impact, elevated maintenance/MRO pressures, sharper seasonality (Q1 EPS pressure), and the workload of returning parked aircraft to service. On balance, the company’s durable cash generation, strengthened balance sheet, fleet commitments, and demonstrated operating leverage outweigh the near-term challenges.Company Guidance
Strong Full-Year Profitability
2025 net income of $428 million or $10.35 per diluted share; Q4 GAAP net income of $91 million or $2.21 per diluted share; Q4 pretax income $125 million and full-year pretax income $506 million, up 31% year-over-year.
Production Growth and Operating Leverage
Full-year block hours increased 15% versus 2024 and the model converted that production growth into a 31% increase in pretax income, demonstrating strong operating leverage.
Improved EBITDA and Cash Generation
2025 EBITDA of $982 million (up over $100 million versus 2024) and free cash flow of over $400 million for 2025; nearly $1 billion in free cash flow generated over the last two years.
Debt Reduction and Balance Sheet Strengthening
Repaid $492 million of debt in 2025; total debt down to $2.4 billion from $2.7 billion at 12/31/2024 (roughly a 10% reduction year-over-year); total debt ~$1 billion lower than end of 2022; unencumbered equipment of approximately $1.5 billion.
Share Repurchase Activity
Share repurchases of $85 million in 2025 (nearly 850,000 shares, a 50% increase in shares repurchased versus 2024); Q4 repurchases of 268,000 shares for $27 million; $213 million remaining under current authorization.
Fleet Commitments and Contract Extensions
Multiyear extensions for 40 E175s with United and 13 E175s with Delta; no major E175 contract expirations until late 2028; firm order for 69 E175s (25 allocated to majors, 44 unassigned); expect nearly 300 E175s by 2028.
Planned Capacity and CapEx
Expect mid-single-digit percentage growth in block hours for 2026 and anticipated full-year EPS in the mid-$11 area; anticipate 9 E175 deliveries in 2026 and approximately $600–$625 million in total CapEx for 2026 (roughly flat with 2025).
Operational Performance
Achieved more than 250 days of 100% controllable completion in 2025, regularly ran over 2,500 daily scheduled departures, and continue strong completion and reliability metrics versus peers.
SKYW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SKYW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $101.53 | $96.52 | -4.93% |
Oct 30, 2025 | $95.12 | $100.48 | +5.63% |
Jul 24, 2025 | $111.17 | $112.30 | +1.02% |
Apr 24, 2025 | $89.10 | $87.92 | -1.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SkyWest (SKYW) report earnings?
SkyWest (SKYW) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is SkyWest (SKYW) earnings time?
SkyWest (SKYW) earnings time is at Apr 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SKYW EPS forecast?
SKYW EPS forecast for the fiscal quarter 2026 (Q1) is 2.23.