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SkyWest SKYW Operating lease income

Operating lease income at other companies

Howard Hughes logo
Howard HughesHHH
$113.55M+4.7%
RDI
Reading International, Inc.RDI
$2.76M+1.8%
Siebert Financial logo
Siebert FinancialSIEB
$360K+34.8%
Southern First Bancshares logo
Southern First BancsharesSFST
$2.69K
SkyWest logo
SkyWestSKYW
$15.51M-7.1%
Identive logo
IdentiveINVE
$100K

Other financials

Income statement

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Revenue$1.1B+6.5%
Operating income$155.8M-8.4%
Net income$100.7M-16.3%
EPS (diluted)$2.54-12.7%

Balance sheet

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Cash & equivalents$81.4M+68.4%
Total debt$2.4B-7.5%
Total equity$2.8B+6.9%
Total assets$7.4B+3.3%

Cash flow

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Operating cash flow$291.9M+13.5%
CapEx$8.0M+44.8%
Free cash flow$283.9M+12.9%

Valuation

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Market cap$4.34B-1.9%
Enterprise value$6.65B-4.4%
P/E10.6×-0.3×
P/S-0.1×

Profitability

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Gross margin11.5%
Operating margin14%-1.2pp
Net margin9.8%-0.8pp
FCF margin21.7%+2.2pp

Returns & leverage

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Return on equity15.3%-1.6pp
Debt / equity0.9×-0.1×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by SkyWest in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncomeLeasePayments.

The source filing: SkyWest’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086641
Line itemFor the three months ended June 30, 2026For the three months ended June 30, 2025For the six months ended June 30, 2026For the six months ended June 30, 2025
Operating lease fixed revenue$15,507$16,697$33,249$32,762
Operating lease variable revenue9,2658,52616,71015,535
Airport customer service and other revenue13,43022,49323,53531,880
Lease, airport services and other$38,202$47,716$73,494$80,177

Item 1. Financial Statements

FAQ

What is SkyWest's operating lease income?
SkyWest (SKYW) reported operating lease income of $15.51M in Q2 2026.
How has SkyWest's operating lease income changed year-over-year?
SkyWest's operating lease income decreased by 7.1% year-over-year, from $16.7M to $15.51M.
What is the long-term trend for SkyWest's operating lease income?
Over 4 years (2021 to 2025), SkyWest's operating lease income has grown at a 7.8% compound annual growth rate (CAGR), from $49.15M to $66.32M.
What does operating lease income mean?
Revenue generated from leasing aircraft or other equipment to third-party operators as part of the company's business model. This serves as a secondary income stream that diversifies revenue beyond standard commercial flight operations.

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