SkyWest (SKYW) Revenue & Revenue Breakdown
SkyWest Revenue Highlights
Latest Revenue (Y)
$2.94B
Latest Revenue (Q)
$867.12M
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 |
|---|---|---|
| 2024-06-30 | $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 $867.12M in revenue during Q2 2024, up 7.90% compared to the previous quarter, and up 125.34% 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 |
|---|---|---|
| Prorate Agreements | $520.96M | - |
| Aircraft Leases | $830.25M | - |
| Aircraft Operations | $1.54B | - |
| Airport Customer Service Revenue | $45.54M | - |
| Flying Agreements | $2.89B | $3.17B |
| Airport Customer Service And Other | $82.70M | $52.16M |
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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Airport customer service and other revenue | $6.83M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Flying agreements | $838.17M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Lease, airport services and other. | $28.95M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | - | - | - | - | - | - | - | - |
| Aircraft Fuel | - | - | - | - | - | - | - | - | $31.06M | $30.85M | - | - | - | - | - |
| Aircraft Maintenance Materials And Repairs | - | - | - | - | - | - | - | - | $133.52M | $124.79M | - | - | - | - | - |
| Aircraft Rentals | - | - | - | - | - | - | - | - | $17.68M | $18.01M | $207.38M | $201.31M | $189.07M | - | - |
| Airport Related Expenses | - | - | - | - | - | - | - | - | $27.81M | $30.78M | - | - | - | - | - |
| Contract Reimbursements | - | - | - | - | - | - | - | - | - | - | - | - | $1.40M | - | - |
SkyWest's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Flying agreements (95.91%), Lease, airport services and other. (3.31%), and Airport customer service and other revenue (0.78%).
SkyWest Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 19 | Dec 18 |
|---|---|---|
| Airport Customer Service And Other | $82.70M | $52.16M |
| Flying Agreements | $2.89B | $3.17B |
| Prorate Agreements | $520.96M | - |
| Aircraft Leases | $830.25M | - |
| Aircraft Operations | $1.54B | - |
| Airport Customer Service Revenue | $45.54M | - |
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 | - | - | - | - | - | - | - | - | - | - | - |
| Airport Customer Service And Other | - | - | - | $5.31M | $4.18M | $21.46M | $19.05M | $11.63M | $13.22M | - | - | - | - | - |
| Aircraft Leases | - | - | - | $208.52M | $168.10M | $208.72M | - | - | - | - | - | - | - | - |
| Aircraft Operations | - | - | - | $175.75M | $132.06M | $382.25M | $386.55M | $462.82M | $469.02M | - | - | - | - | - |
| 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 | - | - | - | - | - | - | - | - |
| Aircraft Rentals | - | - | - | - | - | - | - | $17.68M | $18.01M | $207.38M | $201.31M | $189.07M | - | - |
| Aircraft Fuel | - | - | - | - | - | - | - | $31.06M | $30.85M | - | - | - | - | - |
| Aircraft Maintenance Materials And Repairs | - | - | - | - | - | - | - | $133.52M | $124.79M | - | - | - | - | - |
| Airport Related Expenses | - | - | - | - | - | - | - | $27.81M | $30.78M | - | - | - | - | - |
| 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 | $2.43B |
| SAVE | Spirit Airlines | $5.36B | $1.28B |
| ULCC | Frontier Group | $3.59B | $865.00M |
| CPA | Copa | $3.46B | $893.47M |
| SKYW | SkyWest | $2.94B | $867.12M |
| HA | Hawaiian | $2.72B | $731.90M |
| ALGT | Allegiant Travel | $2.51B | $666.28M |
| ATSG | Air Transport Services Group | $2.07B | $488.41M |
| SNCY | Sun Country Airlines | $1.05B | $254.38M |
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 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). The company'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). SKYW's quarterly revenue for Q4 2023 was $751.79M, a -1.88% decrease from the previous quarter (Q3 2023), and a 10.35% increase year-over-year (Q4 2022).
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 Prorate Agreements, Aircraft Leases, Aircraft Operations, Airport Customer Service Revenue, Flying Agreements, and Airport Customer Service And Other. Prorate Agreements generated $520.96M in revenue, accounting 8.82% of the company's total revenue Aircraft Leases generated $830.25M in revenue, accounting 14.06% of the company's total revenue Aircraft Operations generated $1.54B in revenue, accounting 26.04% of the company's total revenue Airport Customer Service Revenue generated $45.54M in revenue, accounting 0.77% 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. 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.
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.