Skywest (SKYW) Operating Expenses (2010 - 2026)
Skywest's (SKYW) quarterly Operating Expenses came in at $946.9 million in Q2 2026, up 9.46% year-over-year from $865.1 million in Q2 2025, and up 6.46% quarter-over-quarter from $889.5 million in Q1 2026.
Analysis
Skywest (SKYW) Operating Expenses (2010 - 2026) Analysis & Trends
Skywest has disclosed Operating Expenses across 15 years of filings, most recently posting $946.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 9.46% year-over-year to $946.9 million; the TTM figure through Jun 2026 stood at $3.6 billion (up 10.65% YoY), while the FY2025 annual figure was $3.4 billion, up 13.42% from the prior year.
- Operating Expenses came in at $946.9 million for Q2 2026 at Skywest, up from $889.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $946.9 million in Q2 2026 to a low of $683.1 million in Q1 2022.
- Average Operating Expenses over 5 years is $775.8 million, with a median of $735.8 million recorded in 2023.
- The largest YoY upside for Operating Expenses was 50.56% in 2022 against a maximum downside of 3.75% in 2022.
- Over 5 years, Operating Expenses stood at $716.3 million in 2022, then rose by 1.1% to $724.2 million in 2023, then gained by 10.52% to $800.3 million in 2024, then advanced by 11.24% to $890.3 million in 2025, then gained by 6.36% to $946.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $946.9 million in Q2 2026, $889.5 million in Q1 2026, and $890.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.15 Bn | 46.48 Bn | 19.07 Bn | 17.89 Bn |
| 2 | Ryanair Holdings | 28.18 Bn | 24.24 Bn | - | 4.43 Bn |
| 3 | Southwest Airlines | 18.84 Bn | 15.05 Bn | 7.33 Bn | 8.15 Bn |
| 4 | Copa Holdings | 5.32 Bn | 4.06 Bn | 1.03 Bn | 967.68 Mn |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn | 4.23 Bn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 946.92 Mn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | 1.41 Bn |
| 8 | Allegiant Travel | 1.73 Bn | 681.11 Mn | 902.77 Mn | 922.38 Mn |
| 9 | Jetblue Airways | 1.67 Bn | -349.12 Mn | 2.32 Bn | 2.84 Bn |
| 10 | Frontier Group Holdings | 1.28 Bn | 328.69 Mn | - | 1.38 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 946.92 Mn |
| Mar 31, 2026 | 889.49 Mn |
| Dec 31, 2025 | 890.29 Mn |
| Sep 30, 2025 | 875.89 Mn |
| Jun 30, 2025 | 865.10 Mn |
| Mar 31, 2025 | 809.08 Mn |
| Dec 31, 2024 | 800.33 Mn |
| Sep 30, 2024 | 781.35 Mn |
| Jun 30, 2024 | 747.48 Mn |
| Mar 31, 2024 | 704.11 Mn |
| Dec 31, 2023 | 724.17 Mn |
| Sep 30, 2023 | 716.88 Mn |
| Jun 30, 2023 | 693.78 Mn |
| Mar 31, 2023 | 696.54 Mn |
| Dec 31, 2022 | 716.31 Mn |
| Sep 30, 2022 | 713.87 Mn |
| Jun 30, 2022 | 710.48 Mn |
| Mar 31, 2022 | 683.10 Mn |
| Dec 31, 2021 | 744.21 Mn |
| Sep 30, 2021 | 697.73 Mn |