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Skywest vs Allegiant Travel: SKYW and ALGT compared
Skywest is the larger company: $1.1B of revenue in its latest quarter (Q3 2026) against $962M for Allegiant Travel (Q3 2026). Allegiant Travel is growing faster (+71% against +6% a year earlier). Skywest is more profitable, with an operating margin of 15.8% against 1.1%.
Where the money goes: SKYW and ALGT
Skywest (SKYW) · Q3 2026
Skywest, Q3 2026: revenue $1.1B (+6% year over year), operating margin 15.8%, net earnings $120M, operating cash flow $131M. The chart follows the revenue to costs, profit and cash.
Allegiant Travel (ALGT) · Q3 2026
Allegiant Travel, Q3 2026: revenue $962M (+71% year over year), operating margin 1.1%, net loss $15.2M, operating cash flow −$211M. The chart follows the revenue to costs, profit and cash.
| Skywest (SKYW) | Allegiant Travel (ALGT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.1B | $962M |
| Revenue growth, Y/Y | +6% | +71% |
| Operating margin | 15.8% | 1.1% |
| Net earnings | $120M | −$15.2M |
| Net margin | 10.7% | -1.6% |
| Operating cash flow | $131M | −$211M |
| Free cash flow | $125M | — |
| Market value | $3.1B | $2.5B |
| P/E | 7.7× | 45.6× |
| Analysts’ mean target | $117.83 | $117.43 |
Where the revenue comes from
Skywest
- Flying agreements: $1.1B (97%)
- Lease, airport services and other: $33.2M (3%)
Allegiant Travel
- Allegiant Air: $684M (71%)
- Sun Country Airlines: $278M (29%)
Questions
Which is bigger, Skywest or Allegiant Travel?
Skywest is the larger company: $1.1B of revenue in its latest quarter (Q3 2026) against $962M for Allegiant Travel (Q3 2026).
Is Skywest or Allegiant Travel growing faster?
Allegiant Travel is growing faster (+71% against +6% a year earlier).
Which is more profitable, Skywest or Allegiant Travel?
Skywest is more profitable, with an operating margin of 15.8% against 1.1%.
More: Skywest earnings · how Skywest makes money · Allegiant Travel earnings · how Allegiant Travel makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.