Sky Quarry Inc. (SKYQ) Financial Statements
Industry: Hazardous Waste Management
In fiscal 2025, Sky Quarry reported revenue of $12.5M, down 46.5% from $23.4M the year before. Net income was -$12.2M (a -97.7% net margin). Gross margin was -24.8% and operating margin was -74.0%. Operating activities generated -$3.3M of cash, leaving -$3.4M of free cash flow. At fiscal year end, Sky Quarry held $19.2M in total assets against $16.0M in total liabilities.
Open the full interactive Sky Quarry financials → Quarterly statements, key ratios, valuation history and price charts.
Sky Quarry Key Stats
| Share Price | $2.28 |
|---|---|
| Revenue YoY Growth | -46.5% |
| 52-Week Range | $1.14 – $12.59 |
Sky Quarry Income Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Revenue | $23.4M | $12.5M |
| Cost of Goods Sold | $24.8M | $15.6M |
| Gross Profit | -$1.4M | -$3.1M |
| Operating Income | -$7.5M | -$9.2M |
| Pre-Tax Income | -$14.7M | -$12.2M |
| Income Tax | $0 | $0 |
| Net Income | -$14.7M | -$12.2M |
Sky Quarry Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.3M | $279,687 | $383 | $0 |
| Net Income | -$3.8M | -$2.9M | -$2.3M | -$4.1M |
Sky Quarry Balance Sheet
| FY 2024 | FY 2025 | |
|---|---|---|
| Current Assets | $5.0M | $1.3M |
| Total Assets | $26.9M | $19.2M |
| Current Liabilities | $12.4M | $15.1M |
| Total Long-Term Debt | $8.3M | $6.1M |
| Total Liabilities | $15.4M | $16.0M |
| Shareholders' Equity | $11.5M | $3.2M |
Sky Quarry Cash Flow Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash From Operations | -$7.5M | -$3.3M |
| Cash From Investing | -$1.5M | -$368,059 |
| Cash From Financing | $7.6M | $1.1M |
| Free Cash Flow | -$8.3M | -$3.4M |
Figures from Sky Quarry's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Sky Quarry financials page for every line item.
Sky Quarry Company Profile
| Ticker | SKYQ |
|---|---|
| Exchange | Nasdaq |
| Industry | Hazardous Waste Management |
| Headquarters | Woods Cross, Utah |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001812447 |
Frequently Asked Questions
What was Sky Quarry's revenue in fiscal 2025?
Sky Quarry (SKYQ) reported revenue of $12.5M for fiscal 2025.
What was Sky Quarry's net income in fiscal 2025?
Sky Quarry reported net income of -$12.2M for fiscal 2025.
How much free cash flow did Sky Quarry generate in fiscal 2025?
Sky Quarry generated -$3.4M of free cash flow in fiscal 2025.
What was Sky Quarry's revenue last quarter?
In its most recent reported quarter (2026 Q2), Sky Quarry reported revenue of $0.
How much debt does Sky Quarry have?
Sky Quarry reported $6.1M of long-term debt, including the current portion, at the end of fiscal 2025.
When does Sky Quarry's fiscal year end?
Sky Quarry's fiscal year end, as registered with the SEC, is December 31.
Where is Sky Quarry headquartered?
Sky Quarry lists its business address in Woods Cross, Utah in its SEC filings.