Skywest

Q2 FY2026 EarningsQ2 FY26 revenue reached $1.10B, up 6.5% YoY. Flying agreements revenue grew 7.8% to $1.06B, driven by a 38.1% surge in prorate and charter revenue ($200.8M) and a 5.4% increase in total block hours. Net income decreased to $100.7M (down 16.3% YoY) with diluted EPS at $2.54. Operating margin contracted to 14.1% from 16.4% as fuel costs soared 120.6% YoY and pilot training expenses increased due to higher attrition rates.