What is SKYX Platforms Corp.'s earnings per share (EPS)?

SKYX Platforms Corp. (SKYX) reported diluted earnings per share of -$0.32 for fiscal year 2025. This represents a 11.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SKYX Platforms Corp. (SKYX) Financials

SKYX

Trailing 12 months to June 30, 2026

Revenue $96.2M +8.1% YoY

Net Income -$33.0M +9.5% YoY

EPS (Diluted) -$0.28 +22.2% YoY

Operating Cash Flow -$16.7M -17.6% YoY

Market Cap $149.0M as of Oct 10, 2026

Price / Sales 1.5x on $96.2M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 10.9x on $13.7M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SKYX SEC filings page.

SKYX Platforms Corp. (SKYX) reported $96.2M in revenue over the twelve months to Jun 30, 2026, up 8.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SKYX FY2025 2026-10-03

SKYX is growing sales, but gross profit still does not cover operating costs, leaving financing central to its balance sheet.

From FY2024 to FY2025, revenue rose 6.6% while the operating loss narrowed 9.3%. Operating cash flow improved by $5.0M but remained negative, showing that reduced accounting losses have not yet become cash earnings.

Revenue rose 6.6% in FY2025 while SG&A was nearly flat at $31.2M, so more gross profit reached the operating line. Gross margin widened from 28.5% to 30.3%, indicating the improvement was not solely fixed-cost absorption.

Liabilities were $57.3M against $57.7M of assets, leaving little balance-sheet cushion. Negative equity of $4.6M and a 0.6x current ratio point to both long-term balance-sheet strain and near-term obligations exceeding current assets. Financing cash flow of $9.8M and reported liquidity of 7.3 months show operations were funded externally rather than by internal cash generation.

Financial Health Signals

Financial Health Score 33/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of SKYX Platforms Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

SKYX Platforms Corp. held $8.1M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $13.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and SKYX Platforms Corp. scores 23/100 among other emerging companies.

Dilution

SKYX Platforms Corp. had 133M shares outstanding at the end of fiscal year 2025, against 104M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and SKYX Platforms Corp. scores 38/100 among other emerging companies.

R&D Intensity

Not available for SKYX Platforms Corp., and counted as zero in the overall score.

Revenue Progress

SKYX Platforms Corp. reported revenue of $92.0M in fiscal year 2025, against $86.3M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and SKYX Platforms Corp. scores 69/100 among other emerging companies.

Burn Trend

SKYX Platforms Corp.'s operations used $13.3M of cash in fiscal year 2025, against $18.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and SKYX Platforms Corp. scores 44/100 among other emerging companies.

Balance Sheet

SKYX Platforms Corp.'s cash, cash equivalents and investments came to $8.1M at the end of fiscal year 2025, against $57.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and SKYX Platforms Corp. scores 21/100 among other emerging companies.

Altman Z-Score Distress

-3.95

SKYX Platforms Corp. scores -3.95, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($149.0M) relative to total liabilities ($57.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

3/9

SKYX Platforms Corp. passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

SKYX Platforms Corp. reported a net loss of $33.4M while operations used $13.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

SKYX Platforms Corp. reported an operating loss of $29.1M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$25.3M

YoY+9.6%

QoQ+14.4%

SKYX Platforms Corp. generated $25.3M in revenue in Q2 2026. This represents an increase of 9.6% from the same quarter a year earlier. Against the prior quarter it is up 14.4%.

EBITDA

-$6.0M

YoY+3.3%

QoQ+12.7%

SKYX Platforms Corp.'s EBITDA was -$6.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.3% from the same quarter a year earlier. Against the prior quarter it is up 12.7%.

Net Income

-$8.2M

YoY+6.8%

QoQ+11.3%

SKYX Platforms Corp. reported -$8.2M in net income in Q2 2026. This represents an increase of 6.8% from the same quarter a year earlier. Against the prior quarter it is up 11.3%.

EPS (Diluted)

-$0.06

YoY+25.0%

QoQ+14.3%

SKYX Platforms Corp. earned -$0.06 per diluted share (EPS) in Q2 2026. This represents an increase of 25.0% from the same quarter a year earlier. Against the prior quarter it is up 14.3%.

Cash & Balance Sheet

Cash & Debt

$25.7M

YoY+99.8%

QoQ-15.2%

SKYX Platforms Corp. held $25.7M in cash against $17.3M in long-term debt as of Q2 2026.

Shares Outstanding

135M

YoY+21.5%

QoQ+1.0%

SKYX Platforms Corp. had 135M shares outstanding in Q2 2026. This represents an increase of 21.5% from the same quarter a year earlier. Against the prior quarter it is up 1.0%.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

28.9%

YoY-1.5pp

QoQ-1.1pp

SKYX Platforms Corp.'s gross margin was 28.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.

Operating Margin

-28.0%

YoY+4.6pp

QoQ+9.0pp

SKYX Platforms Corp.'s operating margin was -28.0% in Q2 2026, reflecting core business profitability. This is up 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.0 percentage points.

Net Margin

-32.5%

YoY+5.7pp

QoQ+9.4pp

SKYX Platforms Corp.'s net profit margin was -32.5% in Q2 2026, showing the share of revenue converted to profit. This is up 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.4 percentage points.

Return on Equity

-60.2%

YoY+1219.1pp

QoQ-10.9pp

SKYX Platforms Corp.'s ROE was -60.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1219.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.9 percentage points.

Capital Allocation

None of these metrics is reported for Q2 2026.

SKYX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SKYX quarterly income statement

Metric	TTM	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$96.2M	$92.0M+6.6%	$86.3M+46.8%	$58.8M+183479.3%	$32K-25.7%	$43K	$7.7M+9.8%	$7.0M+143.2%	$2.9M	$0	N/A	N/A
Cost of Revenue	$67.2M	$64.2M+4.0%	$61.7M+51.4%	$40.7M+215359.8%	$19K-78.6%	$88K	$6.4M+4.0%	$6.1M+147.7%	$2.5M	$0	N/A	N/A
Gross Profit	$29.0M	$27.8M+13.2%	$24.6M+36.4%	$18.0M+137483.7%	$13K+128.9%	-$45K	$1.3M+50.4%	$879K+115.5%	$408K	$0	N/A	N/A
SG&A Expenses	$31.6M	$31.2M-0.3%	$31.4M-15.4%	$37.1M+40.4%	$26.4M+413.2%	$5.1M	$5.1M+16.9%	$4.4M-16.3%	$5.2M+9.1%	$4.8M+242.5%	$1.4M	N/A
Operating Income	-$29.1M	-$29.1M+9.3%	-$32.1M+15.1%	-$37.8M-42.1%	-$26.6M-413.2%	-$5.2M	N/A	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	-$24.8M+11.6%	-$28.0M+19.7%	-$34.9M-35.7%	-$25.7M-404.4%	-$5.1M	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.4M	$1.7M-56.9%	$4.1M+30.4%	$3.1M+427.9%	$589K+5.1%	$560K	$295K-70.0%	$981K-65.7%	$2.9M+33.5%	$2.1M+1346.9%	-$172K	N/A
Income Tax	N/A	$0	$0	$0	$0	N/A	$0	$0	N/A	N/A	N/A	N/A
Net Income	-$33.0M	-$33.4M+6.6%	-$35.8M+10.0%	-$39.7M-47.0%	-$27.0M-371.8%	-$5.7M	-$26.7M	N/A	-$26.9M-268.7%	-$7.3M-179.7%	-$2.6M-199.6%	-$870K
EPS (Basic)	N/A	-$0.32+11.1%	-$0.36+20.0%	-$0.45-12.5%	-$0.40-344.4%	-$0.09	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.28	-$0.32+11.1%	-$0.36+20.0%	-$0.45-12.5%	-$0.40	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	109M+9.0%	100M+12.9%	88M+11.2%	79M	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Revenue	$25.3M+9.6%	$22.1M+9.8%	$24.9M+5.3%	$23.9M+7.8%	$23.1M+7.5%	$20.1M+6.0%	$23.7M+6.8%	$22.2M+2.6%
Cost of Revenue	$18.0M+11.9%	$15.5M+7.4%	$17.4M-3.9%	$16.3M+6.5%	$16.1M+8.0%	$14.4M+7.5%	$18.1M+16.4%	$15.3M+2.7%
Gross Profit	$7.3M+4.2%	$6.6M+16.0%	$7.6M+35.0%	$7.6M+10.6%	$7.0M+6.4%	$5.7M+2.4%	$5.6M-15.6%	$6.8M+2.1%
SG&A Expenses	$7.6M-9.1%	$7.7M+17.0%	$8.1M-7.1%	$8.2M+0.7%	$8.3M+27.4%	$6.6M-16.9%	$8.7M+62.9%	$8.2M+8.7%
Operating Income	-$7.1M+6.0%	-$8.2M-5.8%	-$7.1M+24.2%	-$6.8M+11.1%	-$7.5M-20.6%	-$7.7M+13.2%	-$9.4M+20.6%	-$7.6M-16.6%
EBITDA	-$6.0M+3.3%	-$6.9M-3.2%	-$6.4M+24.4%	-$5.5M+20.7%	-$6.2M-27.6%	-$6.7M+14.3%	-$8.4M+23.4%	-$6.9M-26.1%
Interest Expense	$1.1M-11.2%	$1.1M-16.9%	-$1.7M-261.6%	$834K-16.4%	$1.3M+6.5%	$1.3M+70.0%	$1.1M+113.0%	$998K+50.7%
Net Income	-$8.2M+6.8%	-$9.3M-2.5%	-$7.9M+20.9%	-$7.6M+11.7%	-$8.8M-18.3%	-$9.1M+6.4%	-$10.0M+18.7%	-$8.6M-20.0%
EPS (Basic)	-$0.06+25.0%	-$0.07+22.2%	N/A	N/A	-$0.080.0%	-$0.09+10.0%	-$0.11+21.4%	-$0.080.0%
EPS (Diluted)	-$0.06+25.0%	-$0.07+22.2%	-$0.08+27.3%	-$0.07+12.5%	-$0.080.0%	-$0.09+10.0%	-$0.11+21.4%	-$0.080.0%
Diluted Shares (Avg)	135M+25.6%	129M+25.0%	N/A	112M+8.2%	107M+7.7%	104M+8.9%	N/A	104M+13.6%

Not reported in any period shown, so not listed: R&D Expenses, Income Tax.

SKYX Balance Sheet

SKYX quarterly balance sheet

Metric	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$57.7M-12.4%	$65.9M-13.7%	$76.3M+76.8%	$43.2M+261.2%	$12.0M	$10.4M-16.4%	$12.5M+48.4%	$8.4M-25.3%	$11.2M+681.3%	$1.4M	N/A
Current Assets	$15.4M-24.4%	$20.4M-25.4%	$27.3M+67.3%	$16.3M+43.4%	$11.4M	$8.3M+13.3%	$7.4M+647.7%	$985K-22.5%	$1.3M+8.4%	$1.2M	N/A
Cash & Equivalents	$8.1M-36.3%	$12.6M-24.8%	$16.8M+150.1%	$6.7M-35.5%	$10.4M	$4.9M+18.2%	$4.1M+815.1%	$451K-63.7%	$1.2M+9.6%	$1.1M+153836.7%	$736
Short-Term Investments	$0	$0	$0-100.0%	$7.4M	$0	$0	$0	$0	$0	$0	$0
Inventory	$4.3M+12.3%	$3.8M+10.5%	$3.4M+78.1%	$1.9M+109.4%	$919K	$2.4M-2.0%	$2.4M+809.9%	$264K	$0	N/A	N/A
Accounts Receivable	$1.9M-21.7%	$2.4M-28.6%	$3.4M	N/A	N/A	$1.0M+31.8%	$797K+240.1%	$234K	$0	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$16.2M0.0%	$16.2M0.0%	$16.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$57.3M+0.8%	$56.8M-5.5%	$60.1M+71.5%	$35.0M+128.4%	$15.3M	$80.8M-4.4%	$84.6M+105.5%	$41.1M+99.7%	$20.6M+442.3%	$3.8M	N/A
Current Liabilities	$24.6M-6.0%	$26.1M+8.0%	$24.2M+225.9%	$7.4M+181.9%	$2.6M	$31.6M+9.8%	$28.8M-1.3%	$29.2M+283.2%	$7.6M+155.1%	$3.0M	N/A
Non-Current Liabilities	$32.7M+6.6%	$30.7M-14.6%	$35.9M+30.0%	$27.6M+192.9%	$9.4M	$3.5M-69.6%	$11.4M-5.1%	$12.0M-7.7%	$13.0M+1491.8%	$816K	N/A
Long-Term Debt	$19.3M-3.8%	$20.1M+10.1%	$18.3M+177.9%	$6.6M-3.2%	$6.8M	$5.2M+50.6%	$3.4M	N/A	$995K+145.6%	$405K	N/A
Total Equity	-$4.6M-213.2%	$4.1M-75.0%	$16.2M+105.2%	$7.9M+333.3%	-$3.4M	-$70.4M+2.3%	-$72.1M-120.1%	-$32.7M-249.8%	-$9.4M-296.6%	-$2.4M-162.3%	-$900K
Retained Earnings	-$216.3M-19.0%	-$181.8M-24.7%	-$145.8M-37.5%	-$106.1M-42.8%	-$74.3M	-$168.1M-19.0%	-$141.2M-230.6%	-$42.7M-170.0%	-$15.8M-85.6%	-$8.5M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Total Assets	$74.1M+15.0%	$77.9M+23.4%	$57.7M-12.4%	$58.4M-10.1%	$64.4M-6.8%	$63.2M-14.9%	$65.9M-13.7%	$65.0M-17.1%
Current Assets	$34.0M+66.2%	$36.8M+101.5%	$15.4M-24.4%	$16.4M-13.4%	$20.4M-5.2%	$18.3M-28.4%	$20.4M-25.4%	$19.0M-33.0%
Cash & Equivalents	$25.7M+99.8%	$30.3M+220.5%	$8.1M-36.3%	$7.8M-23.0%	$12.8M+20.2%	$9.4M-33.3%	$12.6M-24.8%	$10.2M-38.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$4.3M+39.4%	$3.3M-10.4%	$4.3M+12.3%	$3.7M-18.1%	$3.1M-26.4%	$3.7M-2.6%	$3.8M+10.5%	$4.5M-15.7%
Accounts Receivable	$2.4M+2.6%	$1.9M-31.2%	$1.9M-21.7%	$3.2M+7.9%	$2.3M-22.8%	$2.8M-28.5%	$2.4M-28.6%	$2.9M-3.6%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M+2.3%
Total Liabilities	$55.4M-5.6%	$54.1M-8.1%	$57.3M+0.8%	$57.3M-6.4%	$58.7M-1.6%	$58.9M-3.0%	$56.8M-5.5%	$61.1M-0.2%
Current Liabilities	$23.2M-20.1%	$21.6M-24.5%	$24.6M-6.0%	$25.2M-18.2%	$29.0M+3.4%	$28.6M+17.5%	$26.1M+8.0%	$30.8M-1.8%
Non-Current Liabilities	$32.2M+8.5%	$32.5M+7.4%	$32.7M+6.6%	$32.1M+5.6%	$29.7M-6.0%	$30.3M-16.6%	$30.7M-14.6%	$30.4M+1.4%
Long-Term Debt	$17.3M-11.3%	$18.4M-7.8%	$19.3M-3.8%	$19.0M-4.3%	$19.5M-11.0%	$20.0M-6.1%	$20.1M+10.1%	$19.9M+22.2%
Total Equity	$13.7M+1879.2%	$18.8M+2705.7%	-$4.6M-213.2%	-$3.8M-200.1%	$690K-92.7%	-$722K-105.4%	$4.1M-75.0%	$3.8M-77.5%
Retained Earnings	-$234.3M-17.0%	-$225.8M-18.2%	-$216.3M-19.0%	-$208.1M-21.3%	-$200.2M-22.8%	-$191.1M-22.9%	-$181.8M-24.7%	-$171.6M-28.5%

SKYX Cash Flow Statement

SKYX quarterly cash flow statement

Metric	TTM	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	-$16.7M	-$13.3M+27.2%	-$18.3M-40.5%	-$13.0M+6.1%	-$13.8M-199.0%	-$4.6M	-$4.3M+29.5%	-$6.2M-63.7%	-$3.8M-109.3%	-$1.8M-162.5%	-$686K	N/A
Depreciation & Amortization	N/A	$4.3M+6.2%	$4.1M+40.9%	$2.9M+226.7%	$883K+947.9%	$84K	$2.5M+0.6%	$2.5M+8826.7%	$28K+37.3%	$20K+644.9%	$3K	N/A
Stock-Based Compensation	N/A	$13.6M+0.6%	$13.5M-25.0%	$18.0M+28.8%	$14.0M+854.2%	$1.5M	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	$313K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$14.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.2M	-$1.9M-11.6%	-$1.7M-153.4%	$3.2M+140.2%	-$8.1M-4395.7%	-$179K	-$242K-453.1%	-$44K+26.5%	-$59K+64.7%	-$169K-2702.9%	-$6K	N/A
Financing Cash Flow	$29.9M	$9.8M-24.8%	$13.1M-42.5%	$22.7M+8.6%	$20.9M+61.9%	$12.9M	$5.3M-46.0%	$9.9M+225.6%	$3.0M+46.2%	$2.1M+13.9%	$1.8M	N/A
Dividends Paid	$1.0M	$1.0M	N/A	N/A	$38K-70.6%	$129K	-$150K-383.6%	-$31K	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Operating Cash Flow	-$3.7M-85.0%	-$6.0M-39.1%	-$2.0M+62.4%	-$5.0M-95.2%	-$2.0M+53.7%	-$4.3M+29.2%	-$5.3M-82.7%	-$2.6M+25.9%
Depreciation & Amortization	$1.0M-19.2%	$1.2M+23.1%	$735K-21.9%	$1.3M+79.7%	$1.3M-5.0%	$1.0M-5.0%	$941K+19.6%	$727K-31.9%
Stock-Based Compensation	N/A	$3.1M+1.9%	N/A	N/A	N/A	$3.0M-7.7%	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$257K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$2.8M
Investing Cash Flow	$2K+100.5%	-$94K+77.3%	-$1.1M+10.3%	-$85K+67.0%	-$362K-60.4%	-$413K-670.5%	-$1.2M-1018.6%	-$257K-114.1%
Financing Cash Flow	-$932K-116.2%	$28.3M+1737.9%	$3.3M-63.3%	-$757K-393.0%	$5.8M+1667.2%	$1.5M-56.3%	$9.0M+189.4%	$258K-87.0%
Dividends Paid	$257K-5.5%	$249K+17.1%	$323K	$213K	$272K	$213K	N/A	N/A

Not reported in any period shown, so not listed: Share Buybacks.

SKYX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SKYX quarterly financial ratios

Metric	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	30.3%+1.7pp	28.5%-2.2pp	30.7%-10.3pp	40.9%	-105.2%	17.2%+4.6pp	12.5%-1.6pp	14.1%	N/A	N/A	N/A
Operating Margin	-31.6%+5.6pp	-37.2%+27.1pp	-64.3%	-83146.5%	-12034.8%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-36.3%+5.1pp	-41.5%+26.1pp	-67.6%	-84429.3%	-13292.9%	-346.9%	N/A	-932.1%	N/A	N/A	N/A
Return on Equity	N/A	-882.4%-637.5pp	-244.9%+97.0pp	-341.9%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-57.9%-3.6pp	-54.3%-2.2pp	-52.0%+10.6pp	-62.6%-14.7pp	-47.9%	-256.3%	N/A	-320.1%-255.3pp	-64.9%+116.4pp	-181.2%	N/A
Current Ratio	0.63-0.2x	0.78-0.3x	1.13-1.1x	2.20-2.1x	4.32	0.260.0x	0.26+0.2x	0.03-0.1x	0.17-0.2x	0.39	N/A
Debt-to-Equity	N/A	4.96+3.8x	1.13+0.3x	0.83	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	1.59+0.3x	1.31+0.5x	0.77+0.8x	0.000.0x	0.00	0.74+0.2x	0.56+0.2x	0.34+0.3x	0.00	N/A	N/A
FCF Margin	N/A	N/A	N/A	-44191.9%	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Gross Margin	28.9%-1.5pp	30.0%+1.6pp	30.3%+6.7pp	31.7%+0.8pp	30.3%-0.3pp	28.4%-1.0pp	23.6%-6.3pp	30.9%-0.1pp
Operating Margin	-28.0%+4.6pp	-36.9%+1.4pp	-28.5%+11.1pp	-28.3%+6.0pp	-32.6%-3.5pp	-38.4%+8.5pp	-39.6%+13.6pp	-34.3%-4.1pp
Net Margin	-32.5%+5.7pp	-42.0%+3.0pp	-31.8%+10.5pp	-31.9%+7.0pp	-38.3%-3.5pp	-45.0%+6.0pp	-42.3%+13.3pp	-38.9%-5.7pp
Return on Equity	-60.2%+1219.1pp	-49.3%	N/A	N/A	-1279.4%-1200.7pp	N/A	-246.9%-171.0pp	-224.8%-182.7pp
Return on Assets	-11.1%+2.6pp	-11.9%+2.4pp	-13.7%+1.5pp	-13.0%+0.2pp	-13.7%-2.9pp	-14.3%-1.3pp	-15.2%+0.9pp	-13.3%-4.1pp
Current Ratio	1.46+0.8x	1.70+1.1x	0.63-0.2x	0.650.0x	0.70-0.1x	0.64-0.4x	0.78-0.3x	0.62-0.3x
Debt-to-Equity	1.27-27.0x	0.98	N/A	N/A	28.32+26.0x	N/A	4.96+3.8x	5.18+4.2x
Asset Turnover	0.340.0x	0.280.0x	0.43+0.1x	0.41+0.1x	0.360.0x	0.32+0.1x	0.36+0.1x	0.34+0.1x
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-12.7%

Note: Shareholder equity is negative (-$4.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.63), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SKYX Platforms Corp. SKYX	FY2025	$92.0M	-$33.4M	-36.3%	$149.0M	33/100
Espey Mfg. & Electronics Corp ESP	FY2026	$46.1M	$11.2M	24.2%	$172.0M	72/100
Ultralife Corporation ULBI	FY2025	$191.2M	-$5.9M	-3.1%	$104.3M	42/100
NeoVolta Inc. NEOV	FY2026	$13.3M	-$21.5M	N/A	$154.0M	42/100
NOVONIX Limited NVX	FY2025	$5.6M	-$92.7M	N/A	$62.3M	15/100
RF Industries Ltd RFIL	FY2025	$80.6M	$75	0.0%	$90.1M	41/100

Where SKYX Platforms Corp. Ranks

Frequently Asked Questions

What is SKYX Platforms Corp.'s annual revenue?

SKYX Platforms Corp. (SKYX) reported $92.0M in total revenue for fiscal year 2025. This represents a 6.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SKYX Platforms Corp.'s revenue growing?

SKYX Platforms Corp. (SKYX) revenue grew by 6.6% year-over-year, from $86.3M to $92.0M in fiscal year 2025.

Is SKYX Platforms Corp. profitable?

No, SKYX Platforms Corp. (SKYX) reported a net income of -$33.4M in fiscal year 2025, with a net profit margin of -36.3%.

What is SKYX Platforms Corp.'s EBITDA?

SKYX Platforms Corp. (SKYX) had EBITDA of -$24.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SKYX Platforms Corp. have?

As of fiscal year 2025, SKYX Platforms Corp. (SKYX) had $8.1M in cash and equivalents against $19.3M in long-term debt.

What is SKYX Platforms Corp.'s gross margin?

SKYX Platforms Corp. (SKYX) had a gross margin of 30.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is SKYX Platforms Corp.'s operating margin?

SKYX Platforms Corp. (SKYX) had an operating margin of -31.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SKYX Platforms Corp.'s net profit margin?

SKYX Platforms Corp. (SKYX) had a net profit margin of -36.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is SKYX Platforms Corp.'s operating cash flow?

SKYX Platforms Corp. (SKYX) recorded an outflow of $13.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are SKYX Platforms Corp.'s total assets?

SKYX Platforms Corp. (SKYX) had $57.7M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does SKYX Platforms Corp. have outstanding?

SKYX Platforms Corp. (SKYX) had 133M shares outstanding as of fiscal year 2025.

What is SKYX Platforms Corp.'s current ratio?

SKYX Platforms Corp. (SKYX) had a current ratio of 0.63 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is SKYX Platforms Corp.'s return on assets (ROA)?

SKYX Platforms Corp. (SKYX) had a return on assets of -57.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SKYX Platforms Corp.'s P/E ratio?

SKYX Platforms Corp. (SKYX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $149.0M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SKYX Platforms Corp.'s price-to-sales ratio?

SKYX Platforms Corp. (SKYX) trades at 1.5x sales, its market capitalization divided by revenue of $96.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $149.0M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does SKYX Platforms Corp.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, SKYX Platforms Corp. (SKYX) held $8.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $13.3M over that year. Dividing the one by the other, the reported balance equals about 7 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is SKYX Platforms Corp.'s debt-to-equity ratio negative or not reported?

SKYX Platforms Corp. (SKYX) has negative shareholder equity of -$4.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is SKYX Platforms Corp.'s Altman Z-Score?

SKYX Platforms Corp. (SKYX) has an Altman Z-Score of -3.95, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SKYX Platforms Corp.'s Piotroski F-Score?

SKYX Platforms Corp. (SKYX) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SKYX Platforms Corp.'s earnings high quality?

SKYX Platforms Corp. (SKYX) reported a net loss of $33.4M while operations used $13.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SKYX Platforms Corp. cover its interest payments?

SKYX Platforms Corp. (SKYX) reported an operating loss of $29.1M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SKYX Platforms Corp.?

SKYX Platforms Corp. (SKYX) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.