---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016844"
form_type: "8-K"
ticker: "SKYW"
cik: "0000793733"
company_name: "SKYWEST INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:14:22.794399+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SkyWest Q3 net income $23M ($0.55 EPS) on revenue $766M; new 19-plane United E175 deal

## Summary
- Q3 2023 net income $23M vs $48M in Q3 2022; revenue $766M, down 3% YoY.
- Secured agreement with United Airlines for 19 new E175s; deliveries late 2024-2026.
- Repurchased 1.2M shares for $50M in Q3; 9.6M shares ($244M) YTD.
- Operating expenses $717M, up $3M; higher pilot pay partially offset by lower aircraft rent.
- Cash & marketable securities $820M at Sept 30, total debt $3.1B.

## SEC filing metadata
- accession: 0001558370-23-016844
- form_type: 8-K
- ticker: SKYW
- cik: 0000793733
- company_name: SKYWEST INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793733/000155837023016844/0001558370-23-016844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793733/000155837023016844/skyw-20231026x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016844
- JSON: https://secwatch.observer/filing/0001558370-23-016844.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016844.txt

## Key facts
- Earnings Releases
  SKYWEST INC reported the three months ended September 30, 2023 results: revenue $766 million, net income $23 million, EPS $0.55 per diluted share.
  - Period: the three months ended September 30, 2023
  - Revenue: $766 million
  - Net income: $23 million
  - EPS: $0.55 per diluted share
  - Result: reported results
  source text: of December 31, 2022. As of September 30, 2023, SkyWest had $136 million of remaining availability under its current share repurchase program. 1 ​ Financial Results Revenue was $766 million in Q3 2023, down $23 million, or 3%, from $789 million in Q3 2022. SkyWest deferred recognizing $57 million of revenue during Q3 2023 compared to recognizing previously deferred
  evidence_url: https://www.sec.gov/Archives/edgar/data/793733/000155837023016844/0001558370-23-016844-index.htm

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