---
title: "SKYWEST INC Q2 2026: Revenue $1102.8M, EPS $2.54— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293793748.md"
description: "SkyWest Inc reported Q2 2026 revenue of $1,102.8M, up 6.5% YoY, driven by increased block hours and prorate demand. However, net income fell to $100.7M (-16.3%) and diluted EPS dropped to $2.54 (-12.7%) due to higher fuel and pilot training costs. The company added seven E175s YTD and plans further fleet modernization through 2028."
datetime: "2026-07-24T20:11:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293793748.md)
  - [en](https://longbridge.com/en/news/293793748.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293793748.md)
---

# SKYWEST INC Q2 2026: Revenue $1102.8M, EPS $2.54— 10-Q Summary

SKYWEST INC reported second-quarter 2026 results with revenue rising to $1102.8M while net income and diluted EPS declined year over year to $100.7M and $2.54, respectively, as higher fuel and pilot training costs weighed on profitability despite stronger flying activity.

**Financial Highlights**

-   Revenue was $1102.8M, compared with $1035.2M in the prior-year quarter; YoY change 6.5%.
-   Net income was $100.7M, compared with $120.3M in the prior-year quarter; YoY change (16.3%).
-   Diluted EPS was $2.54, compared with $2.91 in the prior-year quarter; YoY change (12.7%).

**Business Highlights**

-   Revenue growth was driven by higher block hours and increased prorate demand; flying agreements revenue rose about 7.8% quarter over quarter, contributing to total operating revenue growth of 6.5% year over year.
-   Channel mix remained weighted to capacity purchase agreements at roughly 81.9%, while prorate and charter revenue jumped about 38% on more flights and passengers.
-   Fleet additions and modernization: SKYWEST added seven E175s year to date and plans to add more than 34 E175s through 2028, alongside conversions of CRJ200s to CRJ450s to enhance dual-class offerings.
-   Operational utilization improved with block hours up 5.4% and departures up 2.3% in the quarter, and higher scheduled utilization plus increased prorate flying lifted activity.
-   Cost pressures from higher fuel expenses and increased pilot training materially reduced segment profits despite revenue gains.

Original SEC Filing: SKYWEST INC \[ SKYW \] - 10-Q - Jul. 24, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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