SkyWest (SKYW) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.94B | -2.31% |
| 2022-12-31 | $3.00B | 10.74% |
| 2021-12-31 | $2.71B | 27.57% |
| 2020-12-31 | $2.13B | -28.43% |
| 2019-12-31 | $2.97B | -7.75% |
| 2018-12-31 | $3.22B | 3.17% |
| 2017-12-31 | $3.12B | 0.04% |
| 2016-12-31 | $3.12B | 0.83% |
| 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 | $3.65B | 32.18% |
| 2010-12-31 | $2.77B | 5.80% |
| 2009-12-31 | $2.61B | -25.25% |
| 2008-12-31 | $3.50B | 3.61% |
| 2007-12-31 | $3.37B | 8.34% |
| 2006-12-31 | $3.11B | 58.58% |
| 2005-12-31 | $1.96B | 69.89% |
| 2004-12-31 | $1.16B | 30.18% |
| 2003-12-31 | $888.03M | 14.67% |
| 2002-12-31 | $774.45M | 28.67% |
| 2001-12-31 | $601.87M | 26.77% |
| 2000-03-31 | $474.78M | 22.18% |
| 1999-03-31 | $388.60M | 30.80% |
| 1998-03-31 | $297.10M | 4.87% |
| 1997-03-31 | $283.30M | 12.55% |
| 1996-03-31 | $251.70M | 11.67% |
| 1995-03-31 | $225.40M | 19.89% |
| 1994-03-31 | $188.00M | 28.07% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $912.79M | 5.27% |
| 2024-06-30 | $867.12M | 7.90% |
| 2024-03-31 | $803.61M | 6.89% |
| 2023-12-31 | $751.79M | -1.88% |
| 2023-09-30 | $766.17M | 5.59% |
| 2023-06-30 | $725.64M | 4.89% |
| 2023-03-31 | $691.83M | 1.55% |
| 2022-12-31 | $681.25M | -13.71% |
| 2022-09-30 | $789.44M | -1.21% |
| 2022-06-30 | $799.09M | 8.70% |
| 2022-03-31 | $735.15M | -5.41% |
| 2021-12-31 | $777.16M | 4.35% |
| 2021-09-30 | $744.78M | 13.36% |
| 2021-06-30 | $656.99M | 22.90% |
| 2021-03-31 | $534.55M | -9.34% |
| 2020-12-31 | $589.64M | 28.88% |
| 2020-09-30 | $457.49M | 30.70% |
| 2020-06-30 | $350.04M | -52.05% |
| 2020-03-31 | $729.94M | -1.84% |
| 2019-12-31 | $743.59M | -2.20% |
| 2019-09-30 | $760.29M | 2.14% |
| 2019-06-30 | $744.38M | 2.86% |
| 2019-03-31 | $723.69M | -9.93% |
| 2018-12-31 | $803.49M | -3.11% |
| 2018-09-30 | $829.27M | 2.95% |
| 2018-06-30 | $805.51M | 2.82% |
| 2018-03-31 | $783.40M | -1.73% |
| 2017-12-31 | $797.16M | -4.18% |
| 2017-09-30 | $831.94M | 2.74% |
| 2017-06-30 | $809.76M | 5.79% |
| 2017-03-31 | $765.41M | 0.98% |
| 2016-12-31 | $758.02M | -5.22% |
| 2016-09-30 | $799.78M | -0.19% |
| 2016-06-30 | $801.34M | 5.15% |
| 2016-03-31 | $762.08M | 1.24% |
| 2015-12-31 | $752.74M | -5.20% |
| 2015-09-30 | $794.00M | 0.71% |
| 2015-06-30 | $788.42M | 3.68% |
| 2015-03-31 | $760.40M | -6.57% |
| 2014-12-31 | $813.86M | -2.49% |
| 2014-09-30 | $834.63M | 2.21% |
| 2014-06-30 | $816.57M | 5.72% |
| 2014-03-31 | $772.39M | -3.98% |
| 2013-12-31 | $804.37M | -5.45% |
| 2013-09-30 | $850.74M | 1.38% |
| 2013-06-30 | $839.13M | 4.44% |
| 2013-03-31 | $803.49M | -0.89% |
| 2012-12-31 | $810.73M | -6.30% |
| 2012-09-30 | $865.26M | -7.68% |
| 2012-06-30 | $937.21M | 1.74% |
| 2012-03-31 | $921.17M | 2.37% |
| 2011-12-31 | $899.85M | -5.82% |
| 2011-09-30 | $955.42M | 2.33% |
| 2011-06-30 | $933.70M | 7.82% |
| 2011-03-31 | $865.95M | 8.75% |
| 2010-12-31 | $796.28M | 15.93% |
| 2010-09-30 | $686.86M | 5.71% |
| 2010-06-30 | $649.76M | 2.77% |
| 2010-03-31 | $632.24M | 4.61% |
| 2009-12-31 | $604.40M | -5.23% |
| 2009-09-30 | $637.75M | -8.74% |
| 2009-06-30 | $698.82M | 3.89% |
| 2009-03-31 | $672.64M | -9.51% |
| 2008-12-31 | $743.29M | -20.43% |
| 2008-09-30 | $934.11M | -1.76% |
| 2008-06-30 | $950.82M | 9.54% |
| 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/Service | Dec 19 | Dec 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/Service | Sep 24 | Jun 24 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 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
| Country | Dec 19 | Dec 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
| Country | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AZUL | Azul | $18.69B | $4.68B |
| GOL | Gol Linhas Aéreas Inteligentes | $15.20B | $4.67B |
| ALK | Alaska Air Group | $10.43B | $2.90B |
| JBLU | JetBlue Airways | $9.62B | $2.37B |
| SAVE | Spirit Airlines | $5.36B | $1.28B |
| ULCC | Frontier Group | $3.59B | $935.00M |
| CPA | Copa | $3.46B | $893.47M |
| SKYW | SkyWest | $2.94B | $912.79M |
| HA | Hawaiian | $2.72B | $731.90M |
| ALGT | Allegiant Travel Company | $2.51B | $666.28M |
| ATSG | Air Transport Services Group | $2.07B | $488.41M |
| SNCY | Sun 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.