Skywest (SKYW) Gross Margin (2010 - 2026)
Skywest recorded quarterly Gross Margin of 91.21% in Q1 2026, down 0.97% quarter-over-quarter from 92.1% in Q4 2025, and down 26.0% year-over-year from 123.26% in Q1 2025.
Skywest's Gross Margin history runs 17 years deep, the most recent figure standing at 91.21% for Q1 2026.
- In Q1 2026, Gross Margin fell 26.0% year-over-year to 91.21%; the TTM figure through Mar 2026 stood at 91.78% (up 24.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 90.69% and a median of 91.21% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 487 bps in 2022 and jumped 371 bps in 2024, its largest moves.
- Skywest's Gross Margin stood at 85.57% in 2022, then grew by 3 bps to 88.24% in 2023, then gained by 4 bps to 91.95% in 2024, then increased by 0 bps to 92.1% in 2025, then dropped by 1 bps to 91.21% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 91.21%, 92.1%, and 92.6% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 95.80% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 85.69% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | -314.47% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 97.00% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 91.21% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 74.12% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 83.66% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 97.03% |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 72.98% |
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% |
| Mar 31, 2021 | 89.81% |
| Dec 31, 2020 | 90.57% |
| Sep 30, 2020 | 86.98% |
| Jun 30, 2020 | 89.10% |
| Mar 31, 2020 | 90.49% |
| Dec 31, 2019 | 92.05% |
| Sep 30, 2019 | 92.16% |
| Jun 30, 2019 | 19.36% |
| Mar 31, 2019 | 91.28% |
| Dec 31, 2018 | 15.12% |
| Sep 30, 2018 | 16.63% |
| Jun 30, 2018 | 91.40% |
| Mar 31, 2018 | 11.26% |
| Dec 31, 2017 | -229.88% |
| Sep 30, 2017 | 91.95% |
| Jun 30, 2017 | 13.47% |
| Mar 31, 2017 | 10.21% |
| Dec 31, 2016 | 96.76% |
| Sep 30, 2016 | 90.35% |
| Jun 30, 2016 | 95.97% |
| Mar 31, 2016 | 96.68% |
| Dec 31, 2015 | 115.59% |
| Sep 30, 2015 | 90.12% |
| Jun 30, 2015 | 96.04% |
| Mar 31, 2015 | 96.41% |
| Dec 31, 2014 | 105.77% |
| Sep 30, 2014 | 94.11% |
| Jun 30, 2014 | 89.96% |
| Mar 31, 2014 | 93.89% |
| Dec 31, 2013 | 92.31% |
| Sep 30, 2013 | 93.05% |
| Jun 30, 2013 | 93.23% |
| Mar 31, 2013 | 92.35% |
| Dec 31, 2012 | 68.40% |
| Sep 30, 2012 | 93.20% |
| Jun 30, 2012 | 93.91% |
| Mar 31, 2012 | 94.10% |
| Dec 31, 2011 | 93.29% |
| Sep 30, 2011 | 83.23% |
| Jun 30, 2011 | 93.75% |
| Mar 31, 2011 | 85.36% |
| Dec 31, 2010 | 88.23% |
| Sep 30, 2010 | 87.29% |
| Jun 30, 2010 | 86.84% |