---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000776"
form_type: "8-K"
ticker: "SKYW"
cik: "0000793733"
company_name: "SKYWEST INC"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:59:59.749947+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SkyWest Q4 net loss $47M ($0.93/share); full year net income $73M

## Summary
- Q4 net loss $47M ($0.93 loss per diluted share) vs Q4 2021 net income $4M ($0.09 EPS).
- Full year 2022 net income $73M ($1.44 EPS) down from $112M ($2.20 EPS) in 2021.
- Q4 results included $69M deferred revenue from amended flying contracts, $36M non-cash impairment on CRJ700s, and $11M accelerated lease expense for stored CRJ aircraft.
- Secured amendments under majority of flying contracts to increase compensation for current pilot pay scales.
- Took delivery of four E175 aircraft for Delta Air Lines in Q4.

## SEC filing metadata
- accession: 0001558370-23-000776
- form_type: 8-K
- ticker: SKYW
- cik: 0000793733
- company_name: SKYWEST INC
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793733/000155837023000776/0001558370-23-000776-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793733/000155837023000776/skyw-20230202x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000776
- JSON: https://secwatch.observer/filing/0001558370-23-000776.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000776.txt

## Key facts
- Earnings Releases
  SKYWEST INC reported the three months ended December 31, 2022 results: net income net loss of $47 million, EPS $0.93 loss per share.
  - Period: the three months ended December 31, 2022
  - Net income: net loss of $47 million
  - EPS: $0.93 loss per share
  - Result: reported results
  source text: Q4 2022 pre-tax loss of $62 million, net loss of $47 million, or $0.93 loss per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/793733/000155837023000776/0001558370-23-000776-index.htm
- Earnings Releases
  SKYWEST INC reported the year ended December 31, 2022 results: net income net income of $73 million, EPS $1.44 per diluted share.
  - Period: the year ended December 31, 2022
  - Net income: net income of $73 million
  - EPS: $1.44 per diluted share
  - Result: reported results
  source text: Full year 2022 pre-tax income of $93 million, net income of $73 million, or $1.44 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/793733/000155837023000776/0001558370-23-000776-index.htm

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