Stonegate Capital Partners Updates Coverage on Sky Harbour Group Corporation (SKYH) Q3 2025
Sky Harbour Group (NYSE: SKYH) reported continued operational scaling in 3Q25, with resident flight operations active at nine campuses and additional Tier 1 locations progressing through development and pre-leasing.
Key financials: Revenue $7.3M (up 78% year-over-year, +11% sequential), split into $5.7M rental and $1.6M fuel. Constructed assets and construction-in-progress exceeded $308.0M at quarter-end. Liquidity totaled approximately $48M in cash, restricted cash and Treasuries, and a new $200M warehouse facility (expandable to $300M) remained undrawn. Management signed a JV letter of intent for an SH34 hangar at OPF Phase 2 to add flexible, lower-cost funding for growth.
Sky Harbour Group (NYSE: SKYH) ha riportato una continua scalabilità operativa nel 3Q25, con operazioni di volo residenti attive in nove campus e ulteriori sedi Tier 1 in fase di sviluppo e pre-lease.
Principali dati finanziari: Ricavi 7,3 milioni di dollari (in aumento 78% anno su anno, +11% rispetto al trimestre precedente), suddivisi in 5,7 milioni di dollari da noleggio e 1,6 milioni di dollari da carburante. Asset costruiti e in costruzione hanno superato 308,0 milioni di dollari alla fine del trimestre. Liquidità totale di circa 48 milioni di dollari in contanti, contanti ristretti e Treasuries, e una nuova facility di magazzino $200M (espandibile a 300M) rimaneva non utilizzata. Il management ha firmato una lettera di intenti per una JV per un hangar SH34 a OPF Phase 2 per aggiungere finanziamenti flessibili a basso costo per la crescita.
Sky Harbour Group (NYSE: SKYH) informó una continuidad en la escalabilidad operativa en 3Q25, con operaciones de vuelo residentes activas en nueve campus y lugares Tier 1 adicionales avanzando en desarrollo y pre-arrendamiento.
Principales cifras: Ingresos 7,3 millones de USD (en alza 78% interanual, +11% secuencial), desglosados en 5,7 millones de USD de alquiler y 1,6 millones de USD de combustible. Los activos construidos y en curso de construcción superaron 308,0 millones de USD al cierre del trimestre. Liquidez total de aproximadamente 48 millones de USD en efectivo, efectivo restringido y Tesorerías, y una nueva facilidad de almacén de 200 millones de USD (ampliable a 300 millones) sin uso. la dirección firmó una carta de intención de JV para un hangar SH34 en OPF Phase 2 para añadir financiación flexible y de bajo costo para el crecimiento.
Sky Harbour Group (NYSE: SKYH)가 3Q25에 걸쳐 운영 규모 확장을 지속적으로 보고했으며, 거주 비행 운영이 9개 캠퍼스에서 활성화되고 추가 Tier 1 위치가 개발 및 선임대 과정에 있습니다.
주요 재무 수치: 매출 730만 달러 (전년 동기 대비 78% 증가, 전분기 대비 +11%), 임대 570만 달러와 연료 160만 달러로 구분됩니다. 매출원가 및 공사중인 자산은 분기말에 3억 8천만 달러를 초과했습니다. 현금 및 제약 현금과 재무부채로 구성된 유동성은 약 4800만 달러(현금, 제약 현금, 국채)였고, 확장 가능한 $200M의 창고 대출 시설이 아직 미사용 상태로 남아 있으며(300M까지 확장 가능). 경영진은 성장 자금 조달에 있어 유연하고 저비용의 자금 조달을 추가하기 위해 OPF Phase 2의 SH34 격납고를 위한 JV 양해각서에 서명했습니다.
Sky Harbour Group (NYSE: SKYH) a fait état d'une poursuite de l'extension opérationnelle au 3Q25, avec des opérations de vol résidentes actives dans neuf campus et des emplacements Tier 1 supplémentaires en cours de développement et de pré-location.
Principaux chiffres financiers : Chiffre d'affaires 7,3 M$ (en hausse de 78% année sur année, +11% en variation séquentielle), répartis en 5,7 M$ de location et 1,6 M$ de carburant. Les actifs construits et en cours de construction ont dépassé 308,0 M$ à la fin du trimestre. La liquidité s'élevait à environ 48 M$ en liquidités, liquidités restreintes et Trésoreries, et une nouvelle facilité d'entrepôt de 200 M$ (étendue à 300 M$) restait non dessinée. La direction a signé une lettre d'intention de coentreprise pour un hangar SH34 à OPF Phase 2 afin d'ajouter un financement flexible et à moindre coût pour la croissance.
Sky Harbour Group (NYSE: SKYH) meldete eine fortgesetzte operative Skalierung im 3Q25, mit residenten Flugoperationen an neun Standorten und weiteren Tier-1-Standorten, die sich in Entwicklung und Vorvermietung befinden.
Wichtige Finanzkennzahlen: Umsatz 7,3 Mio. USD (YoY um 78% gesteigert, +11% sequential), aufgeteilt in 5,7 Mio. USD Miete und 1,6 Mio. USD Treibstoff. Gebaute Vermögenswerte und Bau im Gange überstiegen zum Quartalsende 308,0 Mio. USD. Liquidität lag bei ca. 48 Mio. USD in Bargeld, eingeschränktem Bargeld und Anleihen; eine neue 200 Mio. USD Warehouse-Fazilität (erweiterbar auf 300 Mio. USD) blieb ungenutzt. Geschäftsführung unterzeichnete eine Absichtserklärung für ein Joint-Venture bezüglich eines SH34-Hangars am OPF Phase 2, um flexiblere, kostengünstigere Finanzierung für das Wachstum hinzuzufügen.
Sky Harbour Group (NYSE: SKYH) أبلغ عن استمرار التوسع التشغيلي في 3Q25، مع تشغيل عمليات الرحلات المقيمة في تسعة مجمعات ومواقع من المستوى الأول Tier 1 إضافية تتقدم في التطوير والتأجير المسبق.
الحقائق المالية الأساسية: الإيرادات 7.3 مليون دولار (نمو بنسبة 78% على أساس سنوي, +11% على أساس متتالي)، مقسمة إلى 5.7 مليون دولار إيجار و 1.6 مليون دولار وقود. تجاوزت الأصول المبنية وأعمال البناء قيد الإنجاز 308.0 مليون دولار بنهاية الربع. بلغت السيولة نحو 48 مليون دولار من نقد ونقد مقيد وأذونات خزانة، وظلت تسهيلات المخزن الجديدة بقيمة 200 مليون دولار (قابلة للتمديد حتى 300 مليون دولار) غير سحب منها. وقّع الإدارة على خطاب نوايا لشراكة مشتركة لبناء صالة SH34 في OPF Phase 2 لإضافة تمويل مرن منخفض التكلفة للنمو.
- Revenue +78% year-over-year to $7.3M
- Constructed assets and CIP > $308.0M at quarter-end
- Nine campuses conducting resident flight operations
- Undrawn $200M warehouse facility, expandable to $300M
- Liquidity ~$48M in cash, restricted cash and Treasuries
- Over $308.0M in construction-in-progress implies large capital commitments
Dallas, Texas--(Newsfile Corp. - November 13, 2025) - Sky Harbour Group Corp. (NYSE: SKYH): Stonegate Capital Partners updates their coverage on Sky Harbour Group Corp. (NYSE: SKYH). Sky Harbour sustained solid momentum in 3Q25 as it continued to scale and transition from development to cash-generating operations. The Company is now conducting resident flight operations at nine campuses, including fully operational sites at Sugar Land (SGR), Nashville (BNA), Miami Opa-Locka (OPF), San Jose (SJC), Camarillo (CMA), Phoenix Deer Valley (DVT), Dallas Addison (ADS), Seattle Boeing Field (BFI), and Denver Centennial (APA), while additional Tier 1 locations such as Bradley (BDL), Dulles (IAD), Orlando Executive (ORL), Salt Lake City (SLC), Portland-Hillsboro (HIO), and Long Beach (LGB) advance through development and pre-leasing. Constructed assets and construction in progress increased to more than
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Revenue was
$7.3M up78% y/y and11% sequentially, with$5.7M rental and$1.6M fuel as 9 campuses ramped. - Constructed assets and construction in progress topped
$308M as ADS became fully operational and APA began resident flight operations supporting lease up. - At 3Q25 end, liquidity was ~
$48M in cash restricted cash and Treasuries and the new$200M warehouse facility expandable to$300M remained undrawn.
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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274441
FAQ
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