Skywest (SKYW) Operating Expenses (2010 - 2026)
Skywest (SKYW) posted quarterly Operating Expenses of $946.9 million for Q2 2026, up 9.46% year-on-year from $865.1 million in Q2 2025, and up 6.46% on a QoQ basis from $889.5 million in Q1 2026.
Skywest (SKYW) Operating Expenses (2010 - 2026) Analysis & Trends
Skywest (SKYW) has reported Operating Expenses for 15 consecutive years, with $946.9 million the latest figure, recorded in Q2 2026.
- Quarterly Operating Expenses rose 9.46% year-over-year to $946.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.6 billion (up 10.65% YoY) and the FY2025 annual result came in at $3.4 billion, up 13.42% from the prior year.
- Operating Expenses improved to $946.9 million in Q2 2026 per SKYW's latest filing, from $889.5 million in the prior quarter.
- Over the last five years, Operating Expenses for SKYW reached as high as $946.9 million in Q2 2026 and fell as low as $683.1 million in Q1 2022.
- A 5-year average of $775.8 million and a median of $735.8 million in 2023 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 50.56% in 2022 against a maximum downside of 3.75% in 2022.
- Year by year, Operating Expenses stood at $716.3 million in 2022, then increased by 1.1% to $724.2 million in 2023, then rose by 10.52% to $800.3 million in 2024, then gained by 11.24% to $890.3 million in 2025, then rose by 6.36% to $946.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $946.9 million, $889.5 million, and $890.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | -3.34 Bn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | 4.33 Bn |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 17.89 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 8.15 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | 958.00 Mn |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 753.30 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | 3.58 Bn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 946.92 Mn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | 2.46 Bn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 651.33 Mn |
Historic Data
Download 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 |