SKYX Platforms Corp. (SKYX) Financial Statements
Industry: Electric Lighting & Wiring Equipment
In fiscal 2025, SKYX Platforms reported revenue of $92.0M, up 6.6% from $86.3M the year before. Net income was -$33.4M (a -36.3% net margin), or -$0.32 per diluted share. Gross margin was 30.3% and operating margin was -31.6%. Operating activities generated -$13.3M of cash. At fiscal year end, SKYX Platforms held $57.7M in total assets against $57.3M in total liabilities, including $8.1M of cash and equivalents.
Open the full interactive SKYX Platforms financials → Quarterly statements, key ratios, valuation history and price charts.
SKYX Platforms Key Stats
| Share Price | $1.12 |
|---|---|
| Market Cap | $150.7M |
| Dividend Yield | 0.69% |
| Revenue YoY Growth | +6.6% |
| 52-Week Range | $0.95 – $3.13 |
| Shares Outstanding | 134.5 million (basic, 2026 Q2) |
SKYX Platforms Income Statement
| FY 2016 | FY 2017 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $7.0M | $7.7M | $32,022 | $58.8M | $86.3M | $92.0M |
| Cost of Goods Sold | $6.1M | $6.4M | — | — | — | $121.1M |
| Gross Profit | $878,583 | $1.3M | $13,109 | $18.0M | — | $27.8M |
| Operating Income | -$6.0M | -$6.9M | -$26.6M | -$37.8M | -$32.1M | -$29.1M |
| Pre-Tax Income | -$98.4M | -$26.7M | -$27.0M | -$39.7M | -$35.8M | -$33.4M |
| Income Tax | — | $0 | — | $0 | $0 | $0 |
| Net Income | -$98.4M | -$26.7M | -$27.0M | -$39.7M | -$35.8M | -$33.4M |
| Diluted EPS | -$2.60 | -$0.55 | — | -$0.45 | -$0.36 | -$0.32 |
SKYX Platforms Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $23.9M | $24.9M | $22.1M | $25.3M |
| Net Income | -$7.6M | -$7.9M | -$9.3M | -$8.2M |
| Diluted EPS | -$0.07 | -$0.07 | -$0.07 | -$0.06 |
SKYX Platforms Balance Sheet
| FY 2016 | FY 2017 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.1M | $4.9M | $6.7M | $16.8M | $12.6M | $8.1M |
| Current Assets | $7.4M | $8.3M | $16.3M | $27.3M | $20.4M | $15.4M |
| Total Assets | $12.5M | $10.4M | $43.2M | $76.3M | $65.9M | $57.7M |
| Current Liabilities | $28.8M | $31.6M | $7.4M | $24.2M | $26.1M | $24.6M |
| Total Long-Term Debt | $3.4M | $3.7M | $6.6M | $18.3M | $20.1M | $19.3M |
| Total Liabilities | $40.2M | $35.1M | $35.0M | $60.1M | $56.8M | $57.3M |
| Shareholders' Equity | -$72.1M | -$70.4M | $7.9M | $16.2M | $4.1M | -$4.6M |
SKYX Platforms Cash Flow Statement
| FY 2016 | FY 2017 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$6.2M | -$4.3M | -$13.8M | -$13.0M | -$18.3M | -$13.3M |
| Cash From Investing | -$43,694 | -$241,653 | -$8.1M | $3.2M | -$1.7M | -$1.9M |
| Cash From Financing | $9.9M | $5.3M | $20.9M | $22.7M | $13.1M | $9.8M |
| Free Cash Flow | — | — | -$14.2M | -$13.0M | -$18.3M | — |
| Dividends Paid | -$30,966 | -$149,737 | $38,055 | — | — | $1.0M |
Figures from SKYX Platforms' 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 SKYX Platforms financials page for every line item.
SKYX Platforms Company Profile
| Ticker | SKYX |
|---|---|
| Exchange | Nasdaq |
| Industry | Electric Lighting & Wiring Equipment |
| Headquarters | Pompano Beach, Florida |
| Incorporated in | Florida |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001598981 |
Frequently Asked Questions
What was SKYX Platforms' revenue in fiscal 2025?
SKYX Platforms (SKYX) reported revenue of $92.0M for fiscal 2025.
What is SKYX Platforms' annual revenue history?
SKYX Platforms' annual revenue by fiscal year: 2016: $7.0M; 2017: $7.7M; 2022: $32,022; 2023: $58.8M; 2024: $86.3M; 2025: $92.0M.
What was SKYX Platforms' net income in fiscal 2025?
SKYX Platforms reported net income of -$33.4M for fiscal 2025.
What was SKYX Platforms' earnings per share (EPS) in fiscal 2025?
SKYX Platforms' diluted EPS was -$0.32 for fiscal 2025 (adjusted for any later stock splits).
What was SKYX Platforms' revenue last quarter?
In its most recent reported quarter (2026 Q2), SKYX Platforms reported revenue of $25.3M.
How much debt does SKYX Platforms have?
SKYX Platforms reported $19.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of SKYX Platforms are outstanding?
SKYX Platforms reported a weighted average of 134.5 million basic shares outstanding in 2026 Q2.
What is SKYX Platforms' market cap?
Based on its latest closing price, SKYX Platforms (SKYX) has a market capitalization of about $150.7M.
When does SKYX Platforms' fiscal year end?
SKYX Platforms' fiscal year end, as registered with the SEC, is December 31.
Where is SKYX Platforms headquartered?
SKYX Platforms lists its business address in Pompano Beach, Florida in its SEC filings.