SKYW at a glance
SKYWEST INC (SKYW, SEC CIK 793733) filed its latest 10-K annual report on February 17, 2026, a 10-Q quarterly report on July 24, 2026, an 8-K current report on July 23, 2026 and Form 4 insider filings as recently as August 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), SKYWEST INC (SKYW) reported revenue of $4.1 billion (up 15.0% from FY2024) and net income of $428.3 million. Diluted EPS was $10.35.
- As of June 30, 2026, 33 institutional investment managers tracked by SignalX reported holding SKYWEST INC (SKYW) shares worth $2.2 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Steel Wade J on August 3, 2026 of 22,000 shares at $111.44 per share.
- In the last 90 days, SKYW insiders reported 0 open-market purchases ($0) and 9 open-market sales ($12.9M) on Form 4, a net sale of $12.9M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $4.1B
- +15.0% vs prior year
- Insiders · 90 days
- 0 buys · 9 sells
- Net −$12.9M
- 13F holders
- 33 funds
- $2.2B · +0 vs prior quarter
- Latest 8-K
- Jul 23, 2026
- Item 2.02 · Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: regional airline operations under long-term fixed-fee code-share agreements with United, Delta, American, Alaska
- New segment: SkyWest Charter (SWC) launched in 2023 with 11 CRJ200s for on-demand charter, DOT authorized as commuter air carrier in Sep 2025
- Strategic shift: converting owned CRJ700s to CRJ550s, with 23 used CRJ550s to enter service by end 2026
- Fleet: total 637 aircraft including 487 in service/contracts, adding 25 new E175s through 2028; full return to partner schedule operations by end 2025 after pilot attrition easing
- Workforce: 15,775 employees with 89.6% union representation, no work stoppages; ongoing labor relations under Railway Labor Act with potential union organization risks
Risk Factors
- US tariffs on aircraft parts increased costs, especially non-US components for E175 jets imported from Brazil, impacting financial condition
- Ongoing Russia-Ukraine, Israel-Hamas, and Israel-Iran conflicts contributing to macroeconomic uncertainty and potential travel demand reductions
- Delays and labor shortages among key third-party maintenance providers risk disrupting fleet readiness and reactivation of stored CRJ aircraft
- Code-share reliance on United and Delta with 353 of 487 aircraft under agreements; termination could materially harm revenue and operations
- Pilot attrition and FAA regulatory limits constrain flight schedules, risking revenue loss and penalties under capacity purchase agreements
Management Discussion & Analysis
- Revenue $4.06B, up 15.0% YoY from $3.53B; capacity purchase revenue increased $319.3M (10.8%), prorate and SWC revenue up $153.0M (33.5%)
- Net income $428.3M, vs $323.0M; operating expenses $3.44B, up 13.4% with increased flights and block hours; aircraft maintenance +32.4%, fuel +37.7%
- Best performing segment SkyWest Airlines & SWC: operating revenue $3.42B (+17.5%), segment profit $263M (+89.3%); worst segment not separately quantified
- Capital allocation: Outstanding debt down from $2.7B to $2.4B; interest expense decreased 8.7% to $104.5M (total interest not fully explicit); no buybacks or dividends detailed
- Forward outlook: Fleet expansion planned with 8 new E175 aircraft for United in 2026, 16 for Delta 2027-28, plus used CRJ550s; risks include labor availability and timing of aircraft service entry
AI summary of the SKYW 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $1.103B, up 6.5% YoY from $1.035B
- Net income $100.7M vs $120.3M YoY; effective tax rate 27.5% vs 26.3%
- Prorate and charter revenue $200.8M, up 38.1%; lease, airport services and other revenue $38.2M, down 19.9%
- Fuel expense $60.6M, up 120.6%; average fuel cost $4.45 per gallon vs $2.88
- Fleet expansion outlook: seven United E175s in 2026, 11 American E175s through 2027, 16 Delta E175s through 2028
Risk Factors
- No material changes to 2025 10-K risk factors identified in the provided section
- Liquidity risk: $63.2 million remaining under repurchase authorization as of June 30, 2026
- Capital-allocation risk: July 2026 authorization increase raised potential repurchases to approximately $313 million
- Customer-concentration risk: capacity purchase agreements with United Airlines and American Airlines amended during the quarter
- Supplier risk: Embraer purchase and related letter agreements amended in May and June 2026
AI summary of the SKYW 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- SkyWest announced financial results for Q2 2026, the three months ended June 30, 2026
- Full operating results and management commentary are in Exhibit 99.1
Item 8.01: Other Events
- $250 million increase in authorized stock repurchases, effective July 23, 2026
- Approximately $313 million total repurchase capacity following the authorization
Item EX-99.1: Item EX-99.1
- Q2 revenue $1.1B, up 7%, while net income fell to $101M from $120M as expenses rose 9%
- Pre-tax income $139M, up 29% sequentially, supported by 9% higher block hours and stronger fleet utilization
Item 5.07: Submission of Matters to a Vote of Security Holders
- All seven director nominees elected, with votes for ranging from 31,670,635 to 35,103,909
- Executive compensation approved on an advisory basis, with 34,740,787 votes for
Item 2.02: Results of Operations and Financial Condition
- SkyWest reported financial results for the three months ended March 31, 2026
- Full earnings details furnished in Exhibit 99.1, including performance metrics and management commentary
Item EX-99.1: Item EX-99.1
- Q1 net income $102M, or $2.50 diluted EPS, up from $101M and $2.42 despite operating income declining to $124M
- Revenue $1.013B, up 7%, while operating expenses rose 10% to $889M, signaling margin pressure from production and pilot-training costs
AI summaries of SKYW 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SKYW
Don't miss the next SKYW filing
- Alerts as it files. A push when SKYW files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut SKYW, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Steel Wade J | Sell | Aug 3, 2026 | 22,000 | $111.44 |
| Wooley Greg | Sell | Jul 30, 2026 | 17,726 | $108.55 |
| SIMMONS ROBERT J | Sell | Jul 29, 2026 | 7,570 | $112.04 |
| SIMMONS ROBERT J | Sell | Jul 29, 2026 | 2,442 | $110.71 |
| SIMMONS ROBERT J | Sell | Jul 29, 2026 | 14,988 | $109.67 |
| Childs Russell A | Sell | Jul 28, 2026 | 9,902 | $112.63 |
| Childs Russell A | Sell | Jul 28, 2026 | 2,600 | $111.46 |
| Childs Russell A | Sell | Jul 28, 2026 | 1,828 | $114.11 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $3.5B | $4.1B |
| Operating Income | - | $494.7M | $617.8M |
| Net Income | $34.3M | $323.0M | $428.3M |
| Op. Margin | - | 14.0% | 15.2% |
| Net Margin | - | 9.2% | 10.6% |
| Balance Sheet | |||
| Total Assets | $7.0B | $7.1B | $7.4B |
| Equity | - | $2.4B | $2.7B |
| ROE | - | 13.4% | 15.6% |
| Per Share | |||
| EPS | $0.77 | $7.77 | $10.35 |
| Cash Flow | |||
| Operating CF | - | $692.5M | $940.4M |
| CapEx | $13.3M | $44.9M | $32.0M |
Source: XBRL data in SKYWEST INC (SKYW)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SKYW share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 33 | $2.17B |
| Q1 2026 | 33 | $2.00B |
| Q4 2025 | 31 | $2.23B |
| Q3 2025 | 31 | $2.26B |
| Q2 2025 | 30 | $2.25B |
| Q1 2025 | 27 | $1.38B |
| Q4 2024 | 23 | $1.32B |
| Q3 2024 | 20 | $668.6M |
- Citadel Advisors LLC+146.3K (+1549%)
- BlackRock+137.5K (+2%)
- D.E. Shaw & Co+100.6K (+550%)
- State Street Corp+85.6K (+5%)
- Bank of America Corp+80.2K (+49%)
- Franklin Resources−122.8K (-49%)
- Invesco Ltd−119.2K (-47%)
- JPMorgan Chase & Co−99.1K (-54%)
- Two Sigma Investments−87.4K (-52%)
- Renaissance Technologies LLC−51.4K (-16%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 228 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SKYW filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| SC 13G | Aug 14, 2026 | - | - | |
| 4 | Aug 5, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 10-Q | Jul 24, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| 4 | May 7, 2026 | - | - | |
| 8-K | May 7, 2026 | - | Analysis | |
| 4 | May 7, 2026 | - | - | |
| 4 | May 7, 2026 | - | - | |
| 4 | May 7, 2026 | - | - | |
| 4 | May 7, 2026 | - | - | |
| 4 | May 7, 2026 | - | - | |
| SC 13G | Apr 30, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 10-Q | Apr 24, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 23, 2026 | - | Analysis | - |
| 4 | Feb 26, 2026 | - | - | - |
| 10-K | Feb 17, 2026 | Dec 31, 2025 | Analysis | |
| 4 | Feb 12, 2026 | - | - | |
| 4 | Feb 12, 2026 | - | - | |
| 4 | Feb 12, 2026 | - | - | |
| 4 | Feb 12, 2026 | - | - | |
| 4 | Feb 12, 2026 | - | - |
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SKYW SEC filings: frequently asked questions
Are SKYW insiders buying or selling?
In the last 90 days, SKYWEST INC (SKYW) officers, directors and 10% owners reported no open-market purchases and 9 open-market sales worth $12.9 million by 4 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold SKYW stock?
As of June 30, 2026, the largest SKYWEST INC (SKYW) holders among the 13F filers tracked by SignalX were BlackRock ($682.5 million), Vanguard Portfolio Management LLC ($295.3 million), Dimensional Fund Advisors ($254.9 million), FMR LLC (Fidelity) ($174.4 million), Vanguard Capital Management LLC ($174.2 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SKYW's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), SKYWEST INC (SKYW) reported revenue of $4.1 billion (up 15.0% from FY2024) and net income of $428.3 million. Diluted EPS was $10.35. The figures come from the XBRL data in the 10-K.
What are the main risks in SKYW's latest 10-K?
In the 10-K filed February 17, 2026, SKYWEST INC (SKYW) flagged: US tariffs on aircraft parts increased costs, especially non-US components for E175 jets imported from Brazil, impacting financial condition. Ongoing Russia-Ukraine, Israel-Hamas, and Israel-Iran conflicts contributing to macroeconomic uncertainty and potential travel demand reductions. (AI summary of the Risk Factors section.)
What did SKYW report in its latest 8-K?
SKYWEST INC (SKYW) filed an 8-K on July 23, 2026 reporting Item 2.02 (Results of Operations and Financial Condition) and Item 8.01 (Other Events). SkyWest announced financial results for Q2 2026, the three months ended June 30, 2026.
What are the latest SKYW SEC filings?
SKYWEST INC (SKYW) filed its latest 10-K annual report on February 17, 2026, a 10-Q quarterly report on July 24, 2026, an 8-K current report on July 23, 2026 and a Form 4 insider filing on August 5, 2026.
What is SKYW's SEC CIK number?
SKYWEST INC (SKYW)'s SEC Central Index Key (CIK) is 793733. EDGAR lists every SKYW filing under that number.
Ask anything about SKYW
The research agent reads SKYW's filings, financials, insider trades and 13F holders, then answers with sources.