{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-012401","form_type":"8-K","ticker":"SKYW","cik":"0000793733","company_name":"SKYWEST INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.664317+00:00","generated_at":"2026-06-13T01:30:27.758097+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SkyWest Q2 net income falls to $15M from $54M; revenue down 9%, defers $60M revenue","bullets":["Net income of $15M ($0.35 diluted) vs $54M ($1.07) in Q2 2022.","Revenue $726M, down 9% YoY; $60M deferred under amended flying contracts.","Repurchased 3.3M shares for $94M in Q2; H1 2023 repurchased 8.4M shares (17% of outstanding).","Cash and securities $862M, total debt $3.2B; capex $31M in Q2.","Expects to add E175 aircraft: 2 for Delta in Q4 2023, 1 in 2024; 1 for Alaska in 2025; total 239 by end 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-012401","json":"https://secwatch.observer/filing/0001558370-23-012401.json","markdown":"https://secwatch.observer/filing/0001558370-23-012401.md","text":"https://secwatch.observer/filing/0001558370-23-012401.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793733/000155837023012401/0001558370-23-012401-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793733/000155837023012401/skyw-20230727x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:30:27.758097+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0d4413e64a784e1c2b4ea03f2264cf190d9b491a","claim":"SKYWEST INC reported three months ended June 30, 2023 results: revenue $726 million, net income $15 million, EPS $0.35 per diluted share.","evidence_excerpt":"share repurchase program authorized by the SkyWest Board of Directors in May 2023 had $186 million of remaining availability as of June 30, 2023. Financial Results Revenue was $726 million in Q2 2023, down $73 million, or 9%, from $799 million in Q2 2022. SkyWest deferred recognizing $60 million of revenue during Q2 2023 compared to recognizing 1 ​ previously","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793733/000155837023012401/0001558370-23-012401-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"$726 million"},{"label":"Net income","value":"$15 million"},{"label":"EPS","value":"$0.35 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}