For the quarter ending 2026-03-31, SKYW had -$56,832K decrease in cash & cash equivalents over the period. $130,431K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | - | 428,334 | - | - |
| Depreciation and amortization | - | 364,497 | - | - |
| Stock based compensation expense | - | 18,729 | - | - |
| Increase (decrease) in credit loss reserves | - | 7,520 | - | - |
| Gain on disposal of fixed assets | - | 8,077 | - | - |
| Loss on investments in other companies | - | -1,051 | - | - |
| Net increase in deferred income taxes | - | 122,763 | - | - |
| Decrease (increase) in receivables | - | 52,480 | - | - |
| Decrease (increase) in income tax receivable | - | 2,249 | - | - |
| Increase in inventories | - | 29,545 | - | - |
| Decrease (increase) in other current assets | - | 21 | - | - |
| Decrease (increase) in operating lease right-of-use assets | - | -5,788 | - | - |
| Increase (decrease) in operating lease liabilities | - | 5,788 | - | - |
| Increase (decrease) in deferred revenue | - | -48,467 | - | - |
| Decrease (increase) in unbilled revenue | - | -13,772 | - | - |
| Increase (decrease) in accounts payable and other current liabilities | - | 152,081 | - | - |
| Net cash provided by operating activities | 144,477 | 231,504 | 280,777 | 428,083 |
| Purchases of marketable securities | 169,843 | 133,015 | 228,732 | 751,545 |
| Sales of marketable securities | 192,022 | 257,547 | 198,916 | 646,969 |
| Aircraft and rotable spare parts | 88,109 | 206,775 | 111,433 | 227,832 |
| Buildings and ground equipment | 14,046 | 7,189 | 10,848 | 13,986 |
| Deposits on aircraft | 6,457 | 44,225 | 0 | 31,078 |
| Proceeds from the sale of property and equipment | 247 | 10,086 | 1,679 | 3,823 |
| Decrease in other assets, net | -3,358 | 9,056 | -3,869 | -991 |
| Net cash used in investing activities | -82,828 | -132,627 | -146,549 | -372,658 |
| Proceeds from issuance of long-term debt | 117,565 | 161,740 | 0 | 47,099 |
| Principal payments on long-term debt | 116,196 | 154,848 | 112,618 | 224,437 |
| Payment of debt issuance cost | 175 | 442 | 0 | 192 |
| Net proceeds from issuance of common stock | 1,313 | 0 | 1,358 | 1,293 |
| Employee income tax paid on vested equity awards | 45,637 | 0 | 0 | 27,242 |
| Purchase of treasury stock and related excise tax | 75,351 | 27,182 | 26,770 | 30,978 |
| Net cash used in financing activities | -118,481 | -20,732 | -138,030 | -234,457 |
| Decrease in cash and cash equivalents | -56,832 | 78,145 | -3,802 | -179,032 |
| Cash and cash equivalents at beginning of period | 122,673 | 44,528 | 227,362 | - |
| Cash and cash equivalents at end of period | 65,841 | 122,673 | 44,528 | - |
SKYWEST INC (SKYW)
SKYWEST INC (SKYW)