Skywest (SKYW) Gross Margin (2010 - 2026)
Skywest's (SKYW) quarterly Gross Margin came in at 91.21% in Q1 2026, down 26.0% year-on-year from 123.26% in Q1 2025, and down 0.97% quarter-over-quarter from 92.1% in Q4 2025.
Skywest (SKYW) Gross Margin (2010 - 2026) Analysis & Trends
Skywest has disclosed Gross Margin across 17 years of filings, most recently posting 91.21% for Q1 2026.
- Gross Margin for Q1 2026 came in at 91.21%, down 26.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 91.78% (up 24.0% YoY), and the FY2025 annual result was 91.85%, up 34.0% from the prior year.
- Gross Margin came in at 91.21% for Q1 2026 at Skywest, down from 92.1% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 92.6% in Q3 2025 to a low of 85.57% in Q4 2022.
- The 5-year median for Gross Margin is 91.21% (2024), against an average of 90.69%.
- Across the five-year window, Gross Margin slumped 487 bps in 2022 and soared 371 bps in 2024, its largest moves.
- Skywest's Gross Margin stood at 85.57% in 2022, then climbed by 3 bps to 88.24% in 2023, then rose by 4 bps to 91.95% in 2024, then grew by 0 bps to 92.1% in 2025, then slipped by 1 bps to 91.21% in 2026.
- The last three Gross Margin figures came in at 91.21% (Q1 2026), 92.1% (Q4 2025), and 92.6% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 52.58% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 95.80% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | -314.47% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 85.69% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 74.12% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 97.00% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 91.21% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 83.66% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 97.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.21% |
| Dec 31, 2025 | 92.10% |
| Sep 30, 2025 | 92.60% |
| Jun 30, 2025 | 91.19% |
| Mar 31, 2025 | 91.47% |
| Dec 31, 2024 | 91.95% |
| Sep 30, 2024 | 91.21% |
| Jun 30, 2024 | 91.52% |
| Mar 31, 2024 | 91.32% |
| Dec 31, 2023 | 88.24% |
| Sep 30, 2023 | 91.51% |
| Jun 30, 2023 | 89.80% |
| Mar 31, 2023 | 90.44% |
| Dec 31, 2022 | 85.57% |
| Sep 30, 2022 | 91.92% |
| Jun 30, 2022 | 89.43% |
| Mar 31, 2022 | 90.26% |
| Dec 31, 2021 | 90.44% |
| Sep 30, 2021 | 90.76% |
| Jun 30, 2021 | 91.13% |