Skywest (SKYW) Gross Margin (2010 - 2026)
Skywest (SKYW) posted Gross Margin of 91.7% for Q2 2026, up 0.54% sequentially from 91.21% in Q1 2026, and up 52.0% YoY from 60.33% in Q2 2025.
Skywest (SKYW) Gross Margin (2010 - 2026) Analysis & Trends
Skywest has reported Gross Margin for 17 years, with the latest figure at 91.7% in Q2 2026.
- Quarterly Gross Margin rose 52.0% year-over-year to 91.7% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 91.91% (up 46.0% YoY) and the FY2025 annual result came in at 91.85%, up 34.0% from the prior year.
- Gross Margin improved to 91.7% in Q2 2026 per SKYW's latest filing, from 91.21% in the prior quarter.
- Over five years, Gross Margin peaked at 92.6% in Q3 2025 and troughed at 85.57% in Q4 2022.
- A 5-year average of 90.75% and a median of 91.26% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 487 bps in 2022, then surged 371 bps in 2024.
- Over 5 years, Gross Margin stood at 85.57% in 2022, then increased by 3 bps to 88.24% in 2023, then advanced by 4 bps to 91.95% in 2024, then rose by 0 bps to 92.1% in 2025, then declined by 0 bps to 91.7% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 91.7%, 91.21%, and 92.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 96.52% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 86.94% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 97.11% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 92.57% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 91.70% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 85.95% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 95.68% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 85.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 91.70% |
| 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% |