SKYX Platforms Corp.SKYXEarnings & Financial Report
Nasdaq
SKYX Q3 2025 Key Financial Metrics
Revenue
$23.9M
Gross Profit
$7.6M
Operating Profit
$-6.8M
Net Profit
$-7.6M
Gross Margin
31.7%
Operating Margin
-28.3%
Net Margin
-31.9%
YoY Growth
7.8%
EPS
$-0.07
Financial Flow
SKYX Platforms Corp. Q3 2025 Financial Summary
SKYX Platforms Corp. reported revenue of $23.9M for Q3 2025, with a net profit of $-7.6M (-31.9% margin). Cost of goods sold was $16.3M, operating expenses totaled $14.3M.
Key Financial Metrics
| Total Revenue | $23.9M |
|---|---|
| Net Profit | $-7.6M |
| Gross Margin | 31.7% |
| Operating Margin | -28.3% |
| Report Period | Q3 2025 |
SKYX Platforms Corp. Annual Revenue by Year
SKYX Platforms Corp. annual revenue history includes year-by-year totals (for example, 2024 revenue was $86.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $86.3M |
| 2023 | $58.8M |
| 2022 | $32.0K |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.2M | $19.0M | $21.4M | $22.2M | $23.7M | $20.1M | $23.1M | $23.9M |
| YoY Growth | 243410.9% | 189204.9% | 43.1% | 2.6% | 6.8% | 6.0% | 7.5% | 7.8% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $76.3M | $74.2M | $69.2M | $65.0M | $65.9M | $63.2M | $64.4M | $58.4M |
| Liabilities | $60.1M | $60.7M | $59.7M | $61.1M | $56.8M | $58.9M | $58.7M | $57.3M |
| Equity | $16.2M | $13.5M | $9.5M | $3.8M | $4.1M | $-722394 | $689939 | $-3.8M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.9M | $-6.2M | $-4.2M | $-2.6M | $-5.3M | $-4.3M | $-2.0M | $-5.0M |