SKYW SKYWEST INC

FY2025 10-K
Filed: Feb 17, 2026
Industrials
Air Transportation, ScheduledSEC EDGAR

SKYWEST INC (SKYW) filed its fiscal year 2025 10-K annual report with the SEC on Feb 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

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
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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%
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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
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Financial Summary
XBRL

Revenue

$4.1B

Net Income

$428M

Operating Margin

15.2%

Net Margin

10.6%

ROE

15.6%

Total Assets

$7.4B

EPS (Diluted)

$10.35

Operating Cash Flow

$940M

Source: XBRL data from SKYWEST INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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