SkyWest (SKYW) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

SkyWest Revenue Highlights


Latest Revenue (Y)

$2.94B

Latest Revenue (Q)

$912.79M

Main Segment (Y)

Flying Agreements

Main Geography (Y)

Flying Agreements

SkyWest Revenue by Period


SkyWest Revenue by Year

DateRevenueChange
2023-12-31$2.94B-2.31%
2022-12-31$3.00B10.74%
2021-12-31$2.71B27.57%
2020-12-31$2.13B-28.43%
2019-12-31$2.97B-7.75%
2018-12-31$3.22B3.17%
2017-12-31$3.12B0.04%
2016-12-31$3.12B0.83%
2015-12-31$3.10B-4.38%
2014-12-31$3.24B-1.83%
2013-12-31$3.30B-6.70%
2012-12-31$3.53B-3.30%
2011-12-31$3.65B32.18%
2010-12-31$2.77B5.80%
2009-12-31$2.61B-25.25%
2008-12-31$3.50B3.61%
2007-12-31$3.37B8.34%
2006-12-31$3.11B58.58%
2005-12-31$1.96B69.89%
2004-12-31$1.16B30.18%
2003-12-31$888.03M14.67%
2002-12-31$774.45M28.67%
2001-12-31$601.87M26.77%
2000-03-31$474.78M22.18%
1999-03-31$388.60M30.80%
1998-03-31$297.10M4.87%
1997-03-31$283.30M12.55%
1996-03-31$251.70M11.67%
1995-03-31$225.40M19.89%
1994-03-31$188.00M28.07%
1993-03-31$146.80M-

SkyWest generated $2.94B in revenue during NA 2023, up -2.31% compared to the previous quarter, and up 91.11% compared to the same period a year ago.

SkyWest Revenue by Quarter

DateRevenueChange
2024-09-30$912.79M5.27%
2024-06-30$867.12M7.90%
2024-03-31$803.61M6.89%
2023-12-31$751.79M-1.88%
2023-09-30$766.17M5.59%
2023-06-30$725.64M4.89%
2023-03-31$691.83M1.55%
2022-12-31$681.25M-13.71%
2022-09-30$789.44M-1.21%
2022-06-30$799.09M8.70%
2022-03-31$735.15M-5.41%
2021-12-31$777.16M4.35%
2021-09-30$744.78M13.36%
2021-06-30$656.99M22.90%
2021-03-31$534.55M-9.34%
2020-12-31$589.64M28.88%
2020-09-30$457.49M30.70%
2020-06-30$350.04M-52.05%
2020-03-31$729.94M-1.84%
2019-12-31$743.59M-2.20%
2019-09-30$760.29M2.14%
2019-06-30$744.38M2.86%
2019-03-31$723.69M-9.93%
2018-12-31$803.49M-3.11%
2018-09-30$829.27M2.95%
2018-06-30$805.51M2.82%
2018-03-31$783.40M-1.73%
2017-12-31$797.16M-4.18%
2017-09-30$831.94M2.74%
2017-06-30$809.76M5.79%
2017-03-31$765.41M0.98%
2016-12-31$758.02M-5.22%
2016-09-30$799.78M-0.19%
2016-06-30$801.34M5.15%
2016-03-31$762.08M1.24%
2015-12-31$752.74M-5.20%
2015-09-30$794.00M0.71%
2015-06-30$788.42M3.68%
2015-03-31$760.40M-6.57%
2014-12-31$813.86M-2.49%
2014-09-30$834.63M2.21%
2014-06-30$816.57M5.72%
2014-03-31$772.39M-3.98%
2013-12-31$804.37M-5.45%
2013-09-30$850.74M1.38%
2013-06-30$839.13M4.44%
2013-03-31$803.49M-0.89%
2012-12-31$810.73M-6.30%
2012-09-30$865.26M-7.68%
2012-06-30$937.21M1.74%
2012-03-31$921.17M2.37%
2011-12-31$899.85M-5.82%
2011-09-30$955.42M2.33%
2011-06-30$933.70M7.82%
2011-03-31$865.95M8.75%
2010-12-31$796.28M15.93%
2010-09-30$686.86M5.71%
2010-06-30$649.76M2.77%
2010-03-31$632.24M4.61%
2009-12-31$604.40M-5.23%
2009-09-30$637.75M-8.74%
2009-06-30$698.82M3.89%
2009-03-31$672.64M-9.51%
2008-12-31$743.29M-20.43%
2008-09-30$934.11M-1.76%
2008-06-30$950.82M9.54%
2008-03-31$868.02M-

SkyWest generated $912.79M in revenue during Q3 2024, up 5.27% compared to the previous quarter, and up 125.79% compared to the same period a year ago.

SkyWest Revenue Breakdown


SkyWest Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 19Dec 18
Airport Customer Service And Other$82.70M$52.16M
Aircraft Leases$830.25M-
Airport Customer Service Revenue$45.54M-
Aircraft Operations$1.54B-
Flying Agreements$2.89B$3.17B
Prorate Agreements$520.96M-

SkyWest's latest annual revenue breakdown by segment (product or service), as of Dec 19: Flying Agreements (48.91%), Aircraft Operations (26.04%), Aircraft Leases (14.06%), Prorate Agreements (8.82%), Airport Customer Service And Other (1.40%), and Airport Customer Service Revenue (0.77%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Flying agreements$883.49M$838.17M--------------
Lease, airport services and other.$29.29M$28.95M--------------
Airport customer service and other revenue$7.16M$6.83M--------------
Airport Customer Service And Other Revenue--$7.95M$7.57M$8.41M-----------
Airport Customer Service And Other-----$5.31M$4.18M$21.46M$19.05M$11.63M$13.22M-----
Flying Agreements-----$445.05M$336.37M$725.09M$738.84M$725.34M$700.00M$791.86M$816.06M$793.64M$767.96M-
Prorate Agreements-----$60.78M$36.21M$134.12M$106.08M$129.51M$109.87M-----
Lease Airport Service And Other-----$12.45M$13.67M---------
Aircraft Leases-----$208.52M$168.10M$208.72M--------
Aircraft Operations-----$175.75M$132.06M$382.25M$386.55M$462.82M$469.02M-----
Airport Customer Service Revenue-------$9.90M--------
Aircraft Maintenance Materials And Repairs---------$133.52M$124.79M-----
Aircraft Fuel---------$31.06M$30.85M-----
Airport Related Expenses---------$27.81M$30.78M-----
Aircraft Rentals---------$17.68M$18.01M$207.38M$201.31M$189.07M--
Contract Reimbursements-------------$1.40M--

SkyWest's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Flying agreements (96.04%), Lease, airport services and other. (3.18%), and Airport customer service and other revenue (0.78%).

SkyWest Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 19Dec 18
Aircraft Leases$830.25M-
Aircraft Operations$1.54B-
Airport Customer Service Revenue$45.54M-
Flying Agreements$2.89B$3.17B
Prorate Agreements$520.96M-
Airport Customer Service And Other$82.70M$52.16M

SkyWest's latest annual revenue breakdown by geography, as of Dec 19: Flying Agreements (48.91%), Aircraft Operations (26.04%), Aircraft Leases (14.06%), Prorate Agreements (8.82%), Airport Customer Service And Other (1.40%), and Airport Customer Service Revenue (0.77%).

Quarterly Revenue by Country

CountrySep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Airport Customer Service And Other Revenue$7.95M$7.57M$8.41M-----------
Aircraft Leases---$208.52M$168.10M$208.72M--------
Aircraft Operations---$175.75M$132.06M$382.25M$386.55M$462.82M$469.02M-----
Airport Customer Service And Other---$5.31M$4.18M$21.46M$19.05M$11.63M$13.22M-----
Flying Agreements---$445.05M$336.37M$725.09M$738.84M$725.34M$700.00M$791.86M$816.06M$793.64M$767.96M-
Lease Airport Service And Other---$12.45M$13.67M---------
Prorate Agreements---$60.78M$36.21M$134.12M$106.08M$129.51M$109.87M-----
Airport Customer Service Revenue-----$9.90M--------
Airport Related Expenses-------$27.81M$30.78M-----
Aircraft Rentals-------$17.68M$18.01M$207.38M$201.31M$189.07M--
Aircraft Maintenance Materials And Repairs-------$133.52M$124.79M-----
Aircraft Fuel-------$31.06M$30.85M-----
Contract Reimbursements-----------$1.40M--

SkyWest's latest quarterly revenue breakdown by geography, as of Sep 21: Airport Customer Service And Other Revenue (100.00%).

SkyWest Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AZULAzul$18.69B$4.68B
GOLGol Linhas Aéreas Inteligentes$15.20B$4.67B
ALKAlaska Air Group$10.43B$3.07B
JBLUJetBlue Airways$9.62B$2.37B
SAVESpirit Airlines$5.36B$1.28B
ULCCFrontier Group$3.59B$935.00M
CPACopa$3.46B$893.47M
SKYWSkyWest$2.94B$912.79M
HAHawaiian$2.72B$731.90M
ALGTAllegiant Travel Company$2.51B$562.20M
ATSGAir Transport Services Group$2.07B$471.25M
SNCYSun Country Airlines$1.05B$249.47M

SKYW Revenue FAQ


What is SkyWest’s yearly revenue?

SkyWest's yearly revenue for 2023 was $2.94B, representing a decrease of -2.31% compared to 2022. The company's yearly revenue for 2022 was $3B, representing an increase of 10.74% compared to 2021. SKYW's yearly revenue for 2021 was $2.71B, representing an increase of 27.57% compared to 2020.

What is SkyWest’s quarterly revenue?

SkyWest's quarterly revenue for Q3 2024 was $912.79M, a 5.27% increase from the previous quarter (Q2 2024), and a 19.14% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $867.12M, a 7.90% increase from the previous quarter (Q1 2024), and a 19.50% increase year-over-year (Q2 2023). SKYW's quarterly revenue for Q1 2024 was $803.61M, a 6.89% increase from the previous quarter (Q4 2023), and a 16.16% increase year-over-year (Q1 2023).

What is SkyWest’s revenue growth rate?

SkyWest's revenue growth rate for the last 3 years (2021-2023) was 8.18%, and for the last 5 years (2019-2023) was -1.23%.

What are SkyWest’s revenue streams?

SkyWest's revenue streams in c 19 are Airport Customer Service And Other, Aircraft Leases, Airport Customer Service Revenue, Aircraft Operations, Flying Agreements, and Prorate Agreements. Airport Customer Service And Other generated $82.7M in revenue, accounting 1.40% of the company's total revenue, up 58.55% year-over-year. Aircraft Leases generated $830.25M in revenue, accounting 14.06% of the company's total revenue Airport Customer Service Revenue generated $45.54M in revenue, accounting 0.77% of the company's total revenue Aircraft Operations generated $1.54B in revenue, accounting 26.04% of the company's total revenue Flying Agreements generated $2.89B in revenue, accounting 48.91% of the company's total revenue, down -8.84% year-over-year. Prorate Agreements generated $520.96M in revenue, accounting 8.82% of the company's total revenue

What is SkyWest’s main source of revenue?

For the fiscal year ending Dec 19, the largest source of revenue of SkyWest was Flying Agreements. This segment made a revenue of $2.89B, representing 48.91% of the company's total revenue.