secwatch.observer — SEC 8-K summary
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Issuer:     SKYWEST INC (SKYW)
CIK:        0000793733
Form:       8-K
Filed at:   2026-07-23T20:03:11+00:00
Accession:  0001104659-26-086251
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWest Q2 net income $101M ($2.54 EPS); revenue up 7% YoY; board adds $250M to buyback; secures 11 E175s for American
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- Net income $101M ($2.54 diluted EPS) vs $120M ($2.91) in Q2 2025; revenue $1.1B, up 7% YoY.
- Pre-tax income $139M, up 29% sequentially; block hours up 5% YoY and 9% from Q1 2026.
- Board approved $250M increase to stock repurchase program; total authorization ~$313M; repurchased 833K shares for $75M in Q2.
- Secured agreement to purchase and operate 11 new E175 aircraft for American Airlines, replacing CRJ700s; deliveries in 2026-2027.
- Cash and marketable securities $601M at June 30, 2026; total debt $2.3B, down $122M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793733/000110465926086251/0001104659-26-086251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793733/000110465926086251/skyw-20260723x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-086251

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer