---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-006267"
form_type: "8-K"
ticker: "SKYW"
cik: "0000793733"
company_name: "SKYWEST INC"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:43:33.402933+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SkyWest Q1 net income falls 50% to $18M ($0.35 EPS); revenue up 38% to $735M

## Summary
- Net income $18M, diluted EPS $0.35, vs $36M ($0.71) in Q1 2021; pre-tax income $25M.
- Revenue $735M, up 38% YoY; operating expenses $683M, up 51% reflecting absence of payroll grants.
- Cash & marketable securities $856M; total debt $3.2B; CapEx $114M for four E175s for Alaska.
- 47 E175 aircraft to enter service by early 2023 under agreements with American (20), Delta (16), Alaska (11).
- CEO notes pilot imbalance constrains monetizing strong demand; named Forbes Best Large Employer.

## SEC filing metadata
- accession: 0001558370-22-006267
- form_type: 8-K
- ticker: SKYW
- cik: 0000793733
- company_name: SKYWEST INC
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793733/000155837022006267/0001558370-22-006267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793733/000155837022006267/skyw-20220428x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-006267
- JSON: https://secwatch.observer/filing/0001558370-22-006267.json
- Plain text: https://secwatch.observer/filing/0001558370-22-006267.txt

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