---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-047674"
form_type: "8-K"
ticker: "SKYW"
cik: "0000793733"
company_name: "SKYWEST INC"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:43:59.613950+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SkyWest Q1 net income $102M ($2.50 EPS); revenue +7% to $1.0B; CRJ450 conversion

## Summary
- Net income of $102M ($2.50 diluted EPS) vs. $101M ($2.42) in Q1 2025; includes $0.29 discrete tax benefit.
- Revenue $1.0B, up 7% YoY; block hours +3%; operating expenses +10% to $889M on higher production and pilot training.
- Cash & marketable securities $627M (down from $707M at Dec 2025); debt flat at $2.4B; repurchased 783K shares for $75M in Q1.
- Plans to convert 50-seat CRJ200 to 41-seat dual-class CRJ450 for United; first service Fall 2026, full conversion by 2028.
- E175 deliveries: 9 in 2026, 10 in 2027, 10 in 2028, 40 thereafter; purchase rights secured for 50 additional E175s.

## SEC filing metadata
- accession: 0001104659-26-047674
- form_type: 8-K
- ticker: SKYW
- cik: 0000793733
- company_name: SKYWEST INC
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793733/000110465926047674/0001104659-26-047674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793733/000110465926047674/skyw-20260423x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-047674
- JSON: https://secwatch.observer/filing/0001104659-26-047674.json
- Plain text: https://secwatch.observer/filing/0001104659-26-047674.txt

## Key facts
- Earnings Releases
  SKYWEST INC reported the three months ended March 31, 2026 results: revenue $1.0 billion, net income $102 million, EPS $2.50 per diluted share.
  - Period: the three months ended March 31, 2026
  - Revenue: $1.0 billion
  - Net income: $102 million
  - EPS: $2.50 per diluted share
  - Result: reported results
  source text: provides to our customers. I want to thank our people for their good work through the challenging winter conditions of the first quarter.” Financial Results Revenue was $1.0 billion in Q1 2026, up $65 million, or 7%, from $948 million in Q1 2025. SkyWest’s Q1 2026 block hour production increased 3% compared to Q1 2025, which reflects higher fleet utilization
  evidence_url: https://www.sec.gov/Archives/edgar/data/793733/000110465926047674/0001104659-26-047674-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.