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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting

Schedule of Company's segment data

The following represents the Company’s segment data for the three-month periods ended September 30, 2025 and 2024 (in thousands). As required by the adoption of ASC 2023-07, “Segment Reporting (ASC Topic 280) – Improvements to Reportable Segment Disclosures,” the Company recast the segment disclosures for the three and nine months ended September 30, 2024 to conform to the current year presentation.

​	​	​	​	​	​	​	​	​	​
​	​	Three months ended September 30, 2025
​	​	SkyWest Airlines		​	SkyWest		​	​
​		and SWC			Leasing			Consolidated
Operating revenues	​	$	892,618	​	$	157,411	​	$	1,050,029
​	​	​	​	​	​	​	​	​	​
Salaries, wages and benefits	​		390,969	​		665	​		391,634
Aircraft maintenance, materials and repairs	​		236,745	​		11,233	​		247,978
Depreciation and amortization	​		40,778	​		51,696	​		92,474
Interest expense	​		2,662	​		22,949	​		25,611
Other segment expense (income) items(1)	​	​	144,963	​	​	(9,800)	​	​	135,163
Segment profit(2)	​	$	76,501	​	$	80,668	​	$	157,169
​	​	​	​	​	​	​	​	​	​
Total assets (as of September 30, 2025)	​	$	3,160,752	​	$	4,053,444	​	$	7,214,196
Capital expenditures (including non-cash)	​	$	39,836	​	$	15,559	​	$	55,395

​

​	​	​	​	​	​	​	​	​	​
​	​	Three months ended September 30, 2024
​	​	SkyWest Airlines		​	SkyWest		​	​
​		and SWC			Leasing			Consolidated
Operating revenues	​	$	758,425	​	$	154,361	​	$	912,786
​	​	​	​	​	​	​	​	​	​
Salaries, wages and benefits	​	​	376,770	​		665	​	​	377,435
Aircraft maintenance, materials and repairs	​	​	173,745	​		7,907	​	​	181,652
Depreciation and amortization	​	​	37,105	​		59,557	​	​	96,662
Interest expense	​	​	2,864	​		24,944	​	​	27,808
Other segment expense (income) items(1)	​	​	123,356	​	​	(10,323)	​	​	113,033
Segment profit(2)	​	$	44,585	​	$	71,611	​	$	116,196
​	​	​	​	​	​	​	​	​	​
Total assets (as of September 30, 2024)	​	$	2,673,084	​	$	4,283,516	​	$	6,956,600
Capital expenditures (including non-cash)	​	$	59,331	​	$	24,956	​	$	84,287

(1) Other segment items include aircraft fuel; airport related expenses; other operating expenses consisting primarily of property taxes, hull and liability insurance, simulator costs, crew per diem and crew hotel costs; aircraft rentals; interest income and other income (expense), net.

(2) Segment profit is equal to income before income taxes. As a result of adopting ASC 2023-07 in 2024, the Company included interest income and other income (expense), net in the recast segment profit for each segment for the three months ended September 30, 2024, consistent with the presentation for the three months ended September 30, 2025.

​	​	​	​	​	​	​	​	​	​
​	​	Nine months ended September 30, 2025
​	​	SkyWest Airlines		​	SkyWest		​	​
​		and SWC			Leasing			Consolidated
Operating revenues	​	$	2,563,605	​	$	470,106	​	$	3,033,711
​	​	​	​	​	​	​	​	​	​
Salaries, wages and benefits	​	​	1,157,193	​	​	1,995	​	​	1,159,188
Aircraft maintenance, materials and repairs	​	​	654,830	​	​	41,133	​	​	695,963
Depreciation and amortization	​	​	117,531	​	​	154,539	​	​	272,070
Interest expense	​	​	8,830	​	​	70,465	​	​	79,295
Other segment expense (income) items(1)	​	​	404,189	​	​	(17,997)	​	​	386,192
Segment profit(2)	​	$	221,032	​	$	219,971	​	$	441,003
​	​	​	​	​	​	​	​	​	​
Total assets (as of September 30, 2025)	​	$	3,160,752	​	$	4,053,444	​	$	7,214,196
Capital expenditures (including non-cash)	​	$	233,067	​	$	80,717	​	$	313,784

​

​	​	​	​	​	​	​	​	​	​
​	​	Nine months ended September 30, 2024
​	​	SkyWest Airlines		​	SkyWest		​	​
​		and SWC			Leasing			Consolidated
Operating revenues	​	$	2,117,018	​	$	466,500	​	$	2,583,518
​	​	​	​	​	​	​	​	​	​
Salaries, wages and benefits	​	​	1,081,444	​	​	1,995	​	​	1,083,439
Aircraft maintenance, materials and repairs	​	​	490,397	​	​	19,937	​	​	510,334
Depreciation and amortization	​	​	110,217	​	​	179,129	​	​	289,346
Interest expense	​	​	9,595	​	​	77,008	​	​	86,603
Other segment expense (income) items(1)	​	​	343,807	​	​	(28,548)	​	​	315,259
Segment profit(2)	​	$	81,558	​	$	216,979	​	$	298,537
​	​	​	​	​	​	​	​	​	​
Total assets (as of September 30, 2024)	​	$	2,673,084	​	$	4,283,516	​	$	6,956,600
Capital expenditures (including non-cash)	​	$	144,588	​	$	24,956	​	$	169,544

(1) Other segment items include aircraft fuel; airport related expenses; other operating expenses consisting primarily of property taxes, hull and liability insurance, simulator costs, crew per diem and crew hotel costs; aircraft rentals; interest income and other income (expense), net.

(2) Segment profit is equal to income before income taxes. As a result of adopting ASC 2023-07 in 2024, the Company included interest income and other income (expense), net in the recast segment profit for each segment for the nine months ended September 30, 2024, consistent with the presentation for the nine months ended September 30, 2025.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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