Business
SkyWest, Inc. Announces Fourth Quarter and Annual 2025 Profit
Q4 2025 pre-tax income of $125 million, net income of $91 million, or $2.21 per diluted share Full year 2025 pre-tax income of $566 million, net income of
About this update from Skywest, Inc.
Q4 2025 pre-tax income of $125 million, net income of $91 million, or $2.21 per diluted share Full year 2025 pre-tax income of $566 million, net income of $428 million, or $10.35 per diluted share SkyWest took delivery of five new E175 aircraft in Q4 2025 under a previously announced agreement with United Airlines (“United”) SkyWest reached a multi-year contract extension with United for 40 E175 aircraft in January 2026 SkyWest reached a multi-year contract extension with Delta Air Lines for 13 E175 aircraft in January 2026 ST. GEORGE, Utah--(BUSINESS WIRE)-- SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q4 2025, including net income of $91 million, or $2.21 per diluted share, compared to net income of $97 million, or $2.34 per diluted share, for Q4 2024. The Federal Aviation Administration’s mandated flight cancellations in connection with the U.S. government shutdown in October and November 2025 contributed to a reduction in SkyWest’s pre-tax income in Q4 2025 by $7 million, or $0.13 per diluted share. SkyWest also reported net income of $428 million, or $10.35 per diluted share, for the 2025 year, compared to net income of $323 million, or $7.77 per diluted share, for the 2024 year. SkyWest’s net income for the 2025 year was up 33% from 2024, which reflects year-over-year block hour growth of 15%. Commenting on the results, Chip Childs, President and Chief Executive Officer of SkyWest, said, “We are honored to be named among the World’s Most Admired Companies by Fortune Magazine in 2026 for the third time. As we continue to strengthen our partnerships and re-invest in our product, our capital deployment strategy is focused on creating long-term value for our customers, our people, and our shareholders. I want to thank our people for their good work through the operationally challenging fourth quarter.” Financial Results Revenue was $1.0 billion in Q4 2025, up $80 million, or 8%, from $944 million in Q4 2024. SkyWest’s Q4 2025 block hour production increased 5% compared to Q4 2024, which reflects higher fleet utilization year-over-year and strong demand. Operating expenses were $890 million in Q4 2025, up $90 million, or 11%, from $800 million in Q4 2024, driven by an expected increase in incremental direct operating costs associated with higher production in Q4 2025 compared to Q4 2024 and the Company’s mai...