What is SKYX Platforms' operating income?

SKYX Platforms' total operating income in 2025 was -$29.11 million, based on the following breakdown: Total Gross Profit: $27.84 million Total Operating Expenses: $56.95 million

SKYX Platforms (SKYX) Financials

$1.17 -0.01 (-0.85%)

Closing price 07/9/2026 04:00 PM Eastern

Extended Trading

$1.18 +0.01 (+0.94%)

As of 08:01 AM Eastern

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Annual Income Statements for SKYX Platforms

This table shows SKYX Platforms' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2021	2022	2023	2024	2025
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-7.29	-27	-98	-27	-5.86	-32	-40	-36	-34
Consolidated Net Income / (Loss)	-7.29	-27	-79	-19	-5.73	-27	-40	-36	-33
Net Income / (Loss) Continuing Operations	-7.29	-27	-98	-27	-5.73	-27	-40	-36	-33
Total Pre-Tax Income	-7.29	-27	-79	-19	-5.73	-27	-40	-36	-33
Total Operating Income	-4.80	-4.83	-5.99	-6.90	-5.19	-27	-38	-32	-29
Total Gross Profit	0.00	0.41	0.88	1.32	-0.05	0.01	59	25	28
Total Revenue	0.00	2.89	7.01	7.70	0.04	0.03	59	86	92
Operating Revenue	0.00	2.89	7.01	7.70	0.04	0.03	59	86	92
Total Cost of Revenue	0.00	2.48	6.14	6.38	0.09	0.02	0.00	62	64
Operating Cost of Revenue	0.00	2.48	6.14	6.38	0.09	0.02	-	62	64
Total Operating Expenses	4.80	5.24	6.87	8.22	5.14	27	97	57	57
Selling, General & Admin Expense	4.80	5.24	4.38	5.13	5.14	19	37	31	31
Marketing Expense	-	-	-	-	-	7.99	19	25	26
Total Other Income / (Expense), net	-2.49	-22	-73	-12	-0.54	-0.41	-1.91	-3.66	-4.30
Interest Expense	2.14	2.86	0.98	0.29	0.56	0.41	1.91	3.50	4.18
Preferred Stock Dividends Declared	-	-	-	-	0.13	4.65	0.00	0.19	0.98
Basic Earnings per Share	($0.22)	($0.76)	($2.60)	($0.55)	($0.09)	($0.40)	($0.45)	($0.36)	($0.32)
Weighted Average Basic Shares Outstanding	33.64M	48.94M	53.41M	53.41M	64.94M	79.49M	88.37M	99.77M	108.76M
Diluted Earnings per Share	($0.22)	($0.76)	($2.60)	($0.55)	-	($0.40)	($0.45)	($0.36)	($0.32)
Weighted Average Diluted Shares Outstanding	33.64M	48.94M	53.41M	53.41M	-	79.49M	88.37M	99.77M	108.76M
Weighted Average Basic & Diluted Shares Outstanding	33.64M	35.41M	37.92M	48.94M	-	83.12M	96.87M	104.47M	133.28M

This table shows SKYX Platforms' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-7.18	-12	-9.68	-7.46	-8.62	-10	-9.27	-9.10	-7.90	-8.20	-9.53
Consolidated Net Income / (Loss)	-7.18	-12	-9.68	-7.46	-8.62	-10	-9.05	-8.83	-7.62	-7.92	-9.28
Net Income / (Loss) Continuing Operations	-7.18	-12	-9.68	-7.46	-8.62	-10	-9.03	-8.83	-7.62	-7.80	-9.28
Total Pre-Tax Income	-7.18	-12	-9.68	-7.46	-8.62	-10	-9.03	-8.83	-7.62	-7.80	-9.28
Total Operating Income	-6.52	-12	-8.89	-6.24	-7.61	-9.38	-7.71	-7.52	-6.76	-7.11	-8.16
Total Gross Profit	6.70	47	5.58	6.58	6.84	67	5.71	7.00	7.57	7.56	6.63
Total Revenue	22	22	19	21	22	24	20	23	24	25	22
Operating Revenue	22	22	19	21	22	24	20	23	24	25	22
Total Cost of Revenue	15	-25	13	15	15	-44	14	16	16	17	15
Operating Cost of Revenue	15	-	13	15	15	-	14	16	16	17	15
Total Operating Expenses	13	59	14	13	14	77	13	15	14	15	15
Selling, General & Admin Expense	7.52	12	7.94	6.54	8.17	8.70	6.60	8.33	8.23	8.08	7.72
Marketing Expense	5.70	6.26	6.53	6.27	6.28	6.28	6.83	6.19	6.10	6.59	7.07
Total Other Income / (Expense), net	-0.66	-0.50	-0.79	-1.23	-1.02	-0.62	-1.34	-1.31	-0.85	-0.81	-1.11
Interest Expense	0.66	0.50	0.79	-	-	0.62	1.32	-	-	-	1.10
Preferred Stock Dividends Declared	-	-	0.00	0.00	0.00	-	0.21	0.26	0.28	0.22	0.23
Basic Earnings per Share	($0.08)	($0.13)	($0.10)	($0.08)	-	($0.10)	($0.09)	($0.08)	-	-	($0.07)
Weighted Average Basic Shares Outstanding	91.08M	88.37M	95.09M	99.45M	102.50M	99.77M	103.55M	107.12M	113.75M	108.76M	129.44M
Diluted Earnings per Share	($0.08)	($0.13)	($0.10)	($0.08)	($0.08)	($0.10)	($0.09)	($0.08)	($0.07)	($0.08)	($0.07)
Weighted Average Diluted Shares Outstanding	91.08M	88.37M	95.09M	99.45M	103.51M	99.77M	103.55M	107.12M	112.02M	108.76M	129.44M
Weighted Average Basic & Diluted Shares Outstanding	92.17M	96.87M	100.03M	101.59M	102.50M	104.47M	105.76M	111.45M	113.75M	133.28M	134.11M

This table details how cash moves in and out of SKYX Platforms' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2021	2022	2023	2024	2025
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-7.79	-0.79	3.68	0.75	8.12	-0.96	13	-6.93	-5.40
Net Cash From Operating Activities	-1.80	-3.77	-6.17	-4.35	-4.63	-14	-13	-18	-13
Net Cash From Continuing Operating Activities	-9.88	-12	-89	-15	-4.63	-14	-13	-18	-13
Net Income / (Loss) Continuing Operations	-7.29	-27	-98	-27	-5.73	-27	-40	-36	-33
Consolidated Net Income / (Loss)	-7.29	-27	-98	-27	-5.73	-27	-40	-36	-33
Depreciation Expense	0.02	0.02	0.03	0.05	0.08	0.88	2.89	4.07	4.32
Amortization Expense	4.09	4.70	2.95	-2.42	-	0.00	1.37	1.21	1.11
Non-Cash Adjustments To Reconcile Net Income	12	19	92	14	0.95	14	17	12	12
Changes in Operating Assets and Liabilities, net	-11	-0.77	-2.62	0.34	0.07	-1.85	5.50	0.14	2.86
Net Cash From Investing Activities	-0.17	-0.06	-0.04	-0.24	-0.18	-8.06	3.24	-1.73	-1.93
Net Cash From Continuing Investing Activities	-0.12	-0.06	-0.04	-0.24	-0.18	-8.06	3.24	-1.73	-1.93
Purchase of Property, Plant & Equipment	-0.14	-0.02	-0.01	-0.13	0.00	-0.31	0.01	-0.98	-1.93
Acquisitions	-	-	-	-	-0.18	0.00	-4.21	-0.75	0.00
Net Cash From Financing Activities	2.08	3.04	9.89	5.34	13	21	23	13	9.83
Net Cash From Continuing Financing Activities	2.22	3.04	12	5.84	13	21	23	13	9.83
Repayment of Debt	-0.12	-0.10	-6.91	-2.35	-0.34	-0.45	-3.41	-2.78	-5.42
Repurchase of Common Equity	-	-	-	-	0.00	-2.55	-0.53	-0.09	-0.34
Payment of Dividends	-	0.00	-0.03	-0.15	-0.13	-0.04	-	0.00	-1.02
Issuance of Debt	2.27	0.00	5.79	2.38	0.23	0.00	17	0.50	5.25
Issuance of Preferred Equity	-	0.00	3.26	-	-	-	0.00	11	5.35
Issuance of Common Equity	0.00	2.71	7.46	5.37	13	23	9.82	4.43	5.58
Other Financing Activities, net	-0.07	0.43	0.31	0.10	0.13	0.86	-	0.00	0.42
Cash Interest Paid	0.04	0.56	0.32	0.29	0.43	0.30	1.09	3.28	3.87
Cash Income Taxes Paid	-	-	-	-	0.00	0.00	0.00	0.00	0.00

This table details how cash moves in and out of SKYX Platforms' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-1.58	0.32	-2.64	-4.19	-2.55	2.45	-3.20	3.40	-5.83	0.22	22
Net Cash From Operating Activities	-3.45	-2.91	-6.11	-4.29	-2.55	-5.31	-4.32	-1.99	-4.99	-1.99	-6.01
Net Cash From Continuing Operating Activities	-3.45	-2.91	-6.11	-4.29	-2.55	-5.31	-4.32	-1.99	-4.99	-1.99	-6.01
Net Income / (Loss) Continuing Operations	-7.18	-12	-9.68	-7.46	-8.62	-10	-9.05	-8.83	-7.62	-7.92	-9.28
Consolidated Net Income / (Loss)	-7.18	-12	-9.68	-7.46	-8.62	-10	-9.05	-8.83	-7.62	-7.92	-9.28
Depreciation Expense	1.07	0.79	1.06	1.34	0.73	0.94	1.01	1.27	1.31	0.73	1.24
Amortization Expense	0.35	0.50	0.23	0.38	0.33	0.28	0.28	0.28	0.28	0.28	0.28
Non-Cash Adjustments To Reconcile Net Income	2.56	4.18	3.30	2.78	1.70	1.94	2.48	3.61	1.65	3.53	2.83
Changes in Operating Assets and Liabilities, net	-0.24	3.95	-1.02	-1.32	3.32	1.54	0.96	1.68	-0.60	1.38	-1.09
Net Cash From Investing Activities	-0.12	0.13	-0.05	-0.23	-0.26	-1.20	-0.41	-0.36	-0.08	-1.07	-0.09
Net Cash From Continuing Investing Activities	-0.12	0.13	-0.05	-0.23	-0.26	-1.20	-0.41	-0.36	-0.08	-1.07	-0.09
Purchase of Property, Plant & Equipment	-0.12	0.13	-0.05	-0.23	-0.26	-0.45	-0.41	-0.36	-0.08	-1.07	-0.09
Net Cash From Financing Activities	1.98	3.09	3.52	0.33	0.26	8.96	1.54	5.75	-0.76	3.29	28
Net Cash From Continuing Financing Activities	1.98	3.09	3.52	0.33	0.26	8.96	1.54	5.75	-0.76	3.29	28
Repayment of Debt	-3.00	1.73	-0.06	-0.42	-2.17	-0.12	-0.12	-0.45	-3.79	-1.06	-0.73
Repurchase of Common Equity	-0.11	-0.04	-0.07	-0.02	-	-	-0.01	-0.30	-0.00	-0.02	-0.03
Payment of Dividends	-	-	0.00	-	-	-	-0.21	-0.27	-0.21	-0.32	-0.25
Issuance of Preferred Equity	-	-	0.00	-	2.30	8.70	1.43	2.43	-	1.50	0.00
Issuance of Common Equity	0.90	1.10	3.66	0.76	0.01	0.00	0.46	4.35	0.00	0.78	27
Other Financing Activities, net	-	-	-	-	-	-	0.00	-	-	-	1.91
Cash Interest Paid	-	0.43	0.79	0.80	-0.43	2.12	1.38	0.81	0.96	0.72	1.11
Cash Income Taxes Paid	-	-	0.00	-	-	-	0.00	-	-	-	0.00

This table presents SKYX Platforms' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2021	2022	2023	2024	2025
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	11	8.40	12	10	12	43	76	66	58
Total Current Assets	1.27	0.99	7.36	8.34	11	16	27	20	15
Cash & Equivalents	1.24	0.45	4.13	4.88	10	6.72	17	13	8.05
Accounts Receivable	0.00	0.23	0.80	1.05	-	0.00	3.38	2.42	1.89
Inventories, net	0.00	0.26	2.40	2.35	0.92	1.92	3.43	3.79	4.25
Prepaid Expenses	0.03	0.04	0.04	0.06	0.04	0.31	0.72	1.31	1.21
Plant, Property, & Equipment, net	0.13	0.13	0.11	0.19	0.03	0.22	0.44	0.55	1.35
Total Noncurrent Assets	9.84	7.29	4.98	1.89	0.54	26	49	45	41
Goodwill	-	-	-	-	-	0.00	16	16	16
Intangible Assets	9.61	7.21	4.78	1.84	0.54	0.66	8.14	5.99	5.05
Other Noncurrent Operating Assets	0.07	0.07	0.20	0.04	0.00	26	24	23	20
Total Liabilities & Shareholders' Equity	11	8.40	12	10	12	43	76	66	58
Total Liabilities	21	41	40	35	12	35	60	57	57
Total Current Liabilities	7.61	29	29	32	2.63	7.42	24	26	25
Short-Term Debt	6.49	28	28	0.07	0.40	1.71	7.63	8.25	2.59
Accounts Payable	1.04	0.81	1.06	1.36	1.00	1.95	12	13	16
Accrued Expenses	-	-	-	-	0.03	-	0.80	0.80	1.30
Other Current Liabilities	0.08	0.05	0.22	30	1.20	3.77	1.90	3.85	4.67
Total Noncurrent Liabilities	13	12	11	3.46	9.43	28	36	31	33
Long-Term Debt	0.31	0.19	0.07	3.46	6.79	4.87	6.78	8.38	14
Other Noncurrent Operating Liabilities	13	12	11	0.00	2.64	23	29	22	18
Redeemable Noncontrolling Interest	-	-	44	0.00	3.31	0.22	0.00	5.00	5.00
Total Equity & Noncontrolling Interests	-9.33	-33	-72	-70	-3.42	7.91	16	4.05	-4.59
Total Preferred & Common Equity	-9.33	-33	-72	-70	-3.39	7.91	16	4.05	-4.59
Preferred Stock	-	-	-	-	-	-	0.00	6.00	8.62
Total Common Equity	-9.33	-33	-72	-70	-3.39	7.91	16	-1.95	-13
Common Stock	6.47	9.36	69	98	71	114	162	180	203
Retained Earnings	-16	-43	-141	-168	-74	-106	-146	-182	-216

This table presents SKYX Platforms' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	78	74	69	65	63	64	58	78
Total Current Assets	28	25	22	19	18	20	16	37
Cash & Equivalents	16	14	11	10	9.44	13	7.83	30
Accounts Receivable	3.03	3.93	3.02	2.93	2.81	2.33	3.16	1.93
Inventories, net	5.39	3.78	4.22	4.54	3.68	3.10	3.72	3.30
Prepaid Expenses	0.41	0.63	1.31	1.04	2.03	2.15	1.74	1.28
Plant, Property, & Equipment, net	0.59	0.46	0.35	0.84	1.69	1.99	0.35	1.25
Total Noncurrent Assets	49	48	47	45	43	42	42	40
Goodwill	16	16	16	16	16	16	16	16
Intangible Assets	8.44	7.63	7.15	5.61	4.77	4.17	5.12	4.60
Other Noncurrent Operating Assets	25	24	24	23	22	22	20	19
Total Liabilities & Shareholders' Equity	78	74	69	65	63	64	58	78
Total Liabilities	61	61	60	61	59	59	57	54
Total Current Liabilities	31	24	28	31	29	29	25	22
Short-Term Debt	4.93	6.47	9.74	7.87	8.27	7.95	4.25	1.69
Accounts Payable	11	13	13	17	15	15	15	15
Accrued Expenses	-	-	0.80	1.00	0.80	0.80	0.75	1.18
Other Current Liabilities	14	3.71	2.26	2.45	4.31	4.88	5.32	4.12
Total Noncurrent Liabilities	30	36	32	30	30	30	32	33
Long-Term Debt	6.62	10	8.08	8.23	8.52	8.66	12	15
Other Noncurrent Operating Liabilities	23	26	24	22	22	21	20	18
Redeemable Noncontrolling Interest	0.00	-	-	-	5.00	5.00	5.00	5.00
Total Equity & Noncontrolling Interests	17	13	9.48	3.83	-0.72	0.69	-3.84	19
Total Preferred & Common Equity	17	13	9.48	3.83	-0.72	0.69	-3.84	19
Preferred Stock	-	-	-	-	6.50	9.17	9.17	7.65
Total Common Equity	17	13	9.48	3.83	-7.22	-8.48	-13	11
Common Stock	151	169	172	175	184	192	195	237
Retained Earnings	-133	-155	-163	-172	-191	-200	-208	-226

This table displays calculated financial ratios and metrics derived from SKYX Platforms' official financial filings.

Metric	2014	2015	2016	2017	2021	2022	2023	2024	2025
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	35,500,000.00	41,501,251.00	47,276,499.00	49,042,833.00	55,094,525.00	82,747,026.00	92,166,413.00	-	113,749,372.00
DEI Adjusted Shares Outstanding	35,500,000.00	41,501,251.00	47,276,499.00	49,042,833.00	55,094,525.00	82,747,026.00	92,166,413.00	-	113,749,372.00
DEI Earnings Per Adjusted Shares Outstanding	-0.21	-0.65	-2.08	-0.54	-0.11	-0.39	-0.43	-	-0.30
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	143.15%	9.78%	0.00%	-25.72%	183,479.30%	46.76%	6.65%
EBITDA Growth	-193.89%	-1,741.05%	-288.97%	71.98%	0.00%	-406.16%	-30.42%	20.08%	11.76%
EBIT Growth	-1,744.61%	-366.31%	-224.99%	76.09%	0.00%	-414.99%	-42.07%	15.10%	9.34%
NOPAT Growth	-242.48%	-0.61%	-24.00%	-15.28%	0.00%	-413.20%	-42.07%	15.10%	9.34%
Net Income Growth	-3,638.43%	-268.68%	-194.13%	76.01%	0.00%	-371.80%	-46.96%	9.98%	6.58%
EPS Growth	-175.00%	-245.45%	-242.11%	78.85%	0.00%	0.00%	-12.50%	20.00%	11.11%
Operating Cash Flow Growth	-162.54%	-109.27%	-63.68%	29.47%	0.00%	-199.03%	6.07%	-40.49%	27.21%
Free Cash Flow Firm Growth	0.00%	-14.34%	-77.17%	462.74%	0.00%	0.00%	-65.71%	34.12%	31.85%
Invested Capital Growth	-36.27%	-18.81%	10.07%	-513.07%	0.00%	112.68%	2,514.04%	17.87%	-28.46%
Revenue Q/Q Growth	0.00%	16.24%	18.14%	11.21%	0.00%	193.74%	60.53%	1.78%	1.39%
EBITDA Q/Q Growth	0.00%	-273.61%	-16.59%	48.02%	0.00%	-7.94%	-24.97%	8.10%	8.01%
EBIT Q/Q Growth	0.00%	-73.66%	-23.37%	60.76%	0.00%	-10.65%	-23.93%	7.03%	7.23%
NOPAT Q/Q Growth	0.00%	32.36%	-14.46%	-7.26%	0.00%	-10.65%	-23.93%	7.03%	7.23%
Net Income Q/Q Growth	0.00%	-79.94%	11.55%	26.36%	0.00%	-11.51%	-23.03%	6.05%	5.88%
EPS Q/Q Growth	0.00%	-68.89%	-28.71%	64.29%	0.00%	0.00%	0.00%	7.69%	5.88%
Operating Cash Flow Q/Q Growth	10.59%	-13.22%	1.15%	-7.22%	0.00%	-20.11%	8.49%	-15.16%	19.96%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-121.01%	157.23%	0.00%	0.00%	-25.40%	-0.41%	24.58%
Invested Capital Q/Q Growth	0.00%	-5.67%	86.02%	-394.03%	0.00%	-62.86%	18.02%	36.54%	-3.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	14.13%	12.52%	17.16%	-105.20%	40.94%	100.00%	100.00%	30.25%
EBITDA Margin	0.00%	-669.57%	-1,071.12%	-273.35%	-11,797.41%	-80,388.33%	-57.11%	-31.10%	-25.73%
Operating Margin	0.00%	-167.38%	-85.36%	-89.63%	-12,034.80%	-83,146.53%	-64.34%	-37.22%	-31.64%
EBIT Margin	0.00%	-833.09%	-1,113.48%	-242.54%	-11,992.93%	-83,146.53%	-64.34%	-37.22%	-31.64%
Profit (Net Income) Margin	0.00%	-932.07%	-1,127.46%	-246.37%	-13,292.85%	-84,429.27%	-67.59%	-41.46%	-36.32%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.36%
Interest Burden Percent	141.51%	111.88%	101.26%	101.58%	110.84%	101.54%	105.04%	111.38%	114.37%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-460.87%	-186.46%	-182.15%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-254.71%	2,096.75%	-384.10%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	134.52%	-96.57%	-523.94%
Return on Equity (ROE)	125.20%	127.92%	261.99%	38.71%	5,175.54%	-674.51%	-326.36%	-283.03%	-706.08%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	-5,291.15%	-646.13%	-202.86%	-148.96%
Operating Return on Assets (OROA)	0.00%	-244.72%	-748.80%	-163.23%	-43.25%	-96.59%	-63.30%	-45.16%	-47.11%
Return on Assets (ROA)	0.00%	-273.79%	-758.21%	-165.81%	-47.94%	-98.08%	-66.49%	-50.30%	-54.07%
Return on Common Equity (ROCE)	125.20%	127.92%	454.63%	56.24%	158,439.40%	-380.11%	-323.41%	-159.85%	1,130.86%
Return on Equity Simple (ROE_SIMPLE)	78.20%	82.20%	109.76%	26.96%	169.06%	-341.92%	-244.93%	-882.42%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.36	-3.38	-4.19	-4.83	-3.63	-19	-26	-22	-20
NOPAT Margin	0.00%	-117.17%	-59.75%	-62.74%	-8,424.36%	-58,202.57%	-45.04%	-26.05%	-22.15%
Net Nonoperating Expense Percent (NNEP)	164.92%	140.96%	291.32%	41.72%	-65.00%	-153.63%	-206.16%	-2,283.20%	201.95%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-86.45%	-108.68%	-164.55%
Cost of Revenue to Revenue	0.00%	85.87%	87.48%	82.84%	205.20%	59.06%	0.00%	0.00%	69.75%
SG&A Expenses to Revenue	0.00%	181.52%	62.49%	66.57%	11,929.60%	58,231.23%	63.04%	36.34%	33.96%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	181.52%	97.88%	106.79%	11,929.60%	83,187.47%	164.34%	137.22%	61.89%
Earnings before Interest and Taxes (EBIT)	-5.15	-24	-78	-19	-5.17	-27	-38	-32	-29
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.05	-19	-75	-21	-5.09	-26	-34	-27	-24
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	26.37	9.09	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	28.78	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	6,511.85	2.51	1.38	2.68
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	475.29	12.86	10.26	28.87
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	6,283.84	2.42	1.55	2.93
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	-0.73	-0.87	-1.00	-0.05	-65.00	0.81	0.89	1.84	41.23
Long-Term Debt to Equity	-0.03	-0.01	0.00	-0.05	-61.35	0.60	0.42	0.93	34.94
Financial Leverage	-0.41	-0.79	-0.85	-0.69	29.16	-1.36	-0.53	-0.05	1.36
Leverage Ratio	-1.09	-0.47	-0.35	-0.23	-107.96	6.88	4.91	5.63	13.06
Compound Leverage Factor	-1.54	-0.52	-0.35	-0.24	-119.67	6.98	5.16	6.27	14.94
Debt to Total Capital	-268.66%	-676.24%	-34,759.27%	-5.28%	101.56%	44.71%	47.04%	64.75%	97.63%
Short-Term Debt to Total Capital	-256.53%	-671.64%	-34,666.53%	-0.11%	5.71%	11.60%	24.91%	32.14%	14.90%
Long-Term Debt to Total Capital	-12.14%	-4.60%	-92.75%	-5.17%	95.85%	33.11%	22.12%	32.62%	82.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.36%	49.61%
Noncontrolling Interests to Total Capital	1.40%	0.84%	-55,899.04%	0.05%	46.27%	1.50%	0.00%	19.47%	28.76%
Common Equity to Total Capital	368.66%	776.24%	90,802.98%	105.28%	-47.83%	53.79%	52.96%	-7.58%	-76.00%
Debt to EBITDA	-6.48	-1.48	-0.37	-0.17	-1.42	-0.26	-0.43	-0.62	-0.72
Net Debt to EBITDA	-5.29	-1.45	-0.31	0.06	0.63	0.29	0.15	-0.15	-0.38
Long-Term Debt to EBITDA	-0.29	-0.01	0.00	-0.16	-1.34	-0.19	-0.20	-0.31	-0.61
Debt to NOPAT	-2.02	-8.43	-6.58	-0.73	-1.98	-0.35	-0.54	-0.74	-0.83
Net Debt to NOPAT	-1.65	-8.30	-5.60	0.28	0.89	0.40	0.19	-0.18	-0.44
Long-Term Debt to NOPAT	-0.09	-0.06	-0.02	-0.72	-1.87	-0.26	-0.26	-0.37	-0.71
Altman Z-Score	0.00	0.00	0.00	0.00	0.00	-1.66	-2.02	-3.01	-2.92
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	-73.53%	-45.29%	-2,961.31%	43.65%	0.90%	43.52%	260.16%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.17	0.03	0.26	0.26	4.32	2.20	1.13	0.78	0.63
Quick Ratio	0.16	0.02	0.17	0.19	3.96	1.90	0.83	0.58	0.40
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.30	-2.63	-4.67	17	0.00	-22	-37	-24	-17
Operating Cash Flow to CapEx	-1,251.81%	-21,682.03%	-49,068.56%	-3,290.09%	0.00%	-4,425.63%	0.00%	-1,860.59%	-687.63%
Free Cash Flow to Firm to Interest Expense	-1.08	-0.92	-4.76	57.43	0.00	-54.54	-19.46	-6.69	-3.98
Operating Cash Flow to Interest Expense	-0.84	-1.32	-6.29	-14.76	-8.26	-33.69	-6.81	-4.99	-3.18
Operating Cash Flow Less CapEx to Interest Expense	-0.91	-1.33	-6.30	-15.20	-8.26	-34.45	-6.81	-5.26	-3.64
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.29	0.67	0.67	0.00	0.00	0.98	1.21	1.49
Accounts Receivable Turnover	0.00	0.00	13.61	8.34	0.00	0.00	0.00	29.75	42.73
Inventory Turnover	0.00	0.00	4.61	2.68	0.10	0.01	0.00	0.00	15.97
Fixed Asset Turnover	0.00	22.18	58.19	49.93	1.68	0.27	180.16	96.58	97.21
Accounts Payable Turnover	0.00	2.68	6.57	5.26	0.09	0.01	0.00	0.00	4.39
Days Sales Outstanding (DSO)	0.00	0.00	26.83	43.77	0.00	0.00	0.00	12.27	8.54
Days Inventory Outstanding (DIO)	0.00	0.00	79.26	135.98	3,790.46	27,425.57	0.00	0.00	22.85
Days Payable Outstanding (DPO)	0.00	136.26	55.55	69.36	4,112.62	28,432.62	0.00	0.00	83.18
Cash Conversion Cycle (CCC)	0.00	-136.26	50.53	110.39	-322.17	-1,007.05	0.00	12.27	-51.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	-3.97	-4.72	-4.24	-26	-3.34	0.42	11	13	9.33
Invested Capital Turnover	0.00	-0.66	-1.57	-0.51	-0.01	-0.02	10.23	7.16	8.22
Increase / (Decrease) in Invested Capital	-1.06	-0.75	0.47	-22	0.00	3.76	11	1.98	-3.71
Enterprise Value (EV)	0.00	0.00	0.00	0.00	0.00	201	142	134	269
Market Capitalization	0.00	0.00	0.00	0.00	0.00	209	147	119	247
Book Value per Share	($0.26)	($0.79)	($1.52)	($1.43)	($0.06)	$0.10	$0.18	($0.02)	($0.12)
Tangible Book Value per Share	($0.53)	($0.96)	($1.63)	($1.47)	($0.07)	$0.09	($0.09)	($0.23)	($0.30)
Total Capital	-2.53	-4.21	-0.08	-67	7.09	15	31	26	17
Total Debt	6.80	28	28	3.53	7.20	6.57	14	17	17
Total Long-Term Debt	0.31	0.19	0.07	3.46	6.79	4.87	6.78	8.38	14
Net Debt	5.56	28	23	-1.35	-3.23	-7.52	-5.16	3.99	8.92
Capital Expenditures (CapEx)	0.14	0.02	0.01	0.13	0.00	0.31	-0.01	0.98	1.93
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.09	-0.32	1.96	-28	-1.27	-3.48	-8.81	-10	-15
Debt-free Net Working Capital (DFNWC)	0.15	0.13	6.09	-23	9.16	11	11	2.49	-6.59
Net Working Capital (NWC)	-6.34	-28	-21	-23	8.75	8.91	3.13	-5.76	-9.18
Net Nonoperating Expense (NNE)	3.93	24	75	14	2.10	8.40	13	13	13
Net Nonoperating Obligations (NNO)	5.36	28	23	44	-3.23	-7.70	-5.16	3.99	8.92
Total Depreciation and Amortization (D&A)	4.11	4.72	2.97	-2.37	0.08	0.88	4.25	5.28	5.43
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-11.08%	28.00%	-364.62%	-2,945.25%	-10,877.80%	-14.98%	-11.76%	-15.91%
Debt-free Net Working Capital to Revenue	0.00%	4.55%	86.81%	-301.28%	21,240.53%	33,137.25%	18.30%	2.89%	-7.16%
Net Working Capital to Revenue	0.00%	-976.58%	-305.34%	-302.19%	20,301.87%	27,809.88%	5.32%	-6.68%	-9.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.20)	($0.76)	($2.60)	($0.55)	$0.00	($0.40)	($0.45)	($0.36)	($0.32)
Adjusted Weighted Average Basic Shares Outstanding	35.75M	43.65M	48.94M	53.41M	0.00	79.49M	88.37M	99.77M	108.76M
Adjusted Diluted Earnings per Share	($0.20)	($0.76)	($2.60)	($0.55)	$0.00	$0.00	($0.45)	($0.36)	($0.32)
Adjusted Weighted Average Diluted Shares Outstanding	35.75M	43.65M	48.94M	53.41M	0.00	83.12M	88.37M	99.77M	108.76M
Adjusted Basic & Diluted Earnings per Share	($0.20)	($0.76)	($2.60)	($0.55)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.64M	35.41M	37.92M	48.94M	0.00	83.12M	96.87M	104.47M	133.28M
Normalized Net Operating Profit after Tax (NOPAT)	-3.36	-3.38	-4.19	-4.83	-3.63	-19	-26	-22	-20
Normalized NOPAT Margin	0.00%	-117.17%	-59.75%	-62.74%	-8,424.36%	-58,202.57%	-45.04%	-26.05%	-22.15%
Pre Tax Income Margin	0.00%	-932.07%	-1,127.46%	-246.37%	-13,292.85%	-84,429.27%	-67.59%	-41.46%	-36.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.41	-8.42	-79.63	-63.37	-9.23	-64.82	-19.83	-8.78	-6.96
NOPAT to Interest Expense	-1.57	-1.18	-4.27	-16.39	-6.48	-45.37	-13.88	-6.15	-4.87
EBIT Less CapEx to Interest Expense	-2.48	-8.42	-79.65	-63.82	-9.23	-65.58	-19.82	-9.05	-7.42
NOPAT Less CapEx to Interest Expense	-1.64	-1.19	-4.29	-16.84	-6.48	-46.13	-13.88	-6.42	-5.33
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-0.04%	-0.79%	-2.26%	-0.14%	0.00%	0.00%	-3.05%
Augmented Payout Ratio	0.00%	0.00%	-0.04%	-0.79%	-2.26%	-9.57%	-1.34%	-0.25%	-4.06%

This table displays calculated financial ratios and metrics derived from SKYX Platforms' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	91,852,408.00	92,166,413.00	96,870,902.00	100,032,804.00	101,589,495.00	-	104,471,445.00	105,759,999.00	111,447,066.00	113,749,372.00	266,562,238.00
DEI Adjusted Shares Outstanding	91,852,408.00	92,166,413.00	96,870,902.00	100,032,804.00	101,589,495.00	-	104,471,445.00	105,759,999.00	111,447,066.00	113,749,372.00	266,562,238.00
DEI Earnings Per Adjusted Shares Outstanding	-0.08	-0.13	-0.10	-0.07	-0.08	-	-0.09	-0.09	-0.07	-0.07	-0.04
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	252,559.88%	243,410.90%	189,204.95%	43.13%	2.55%	6.81%	5.99%	7.53%	7.77%	5.32%	9.85%
EBITDA Growth	6.44%	-175.57%	-15.16%	60.14%	-28.26%	22.45%	15.43%	-32.08%	20.93%	25.26%	-3.37%
EBIT Growth	-16.32%	-161.99%	-22.77%	49.11%	-16.62%	20.57%	13.22%	-20.62%	11.07%	24.18%	-5.82%
NOPAT Growth	-16.32%	-161.99%	-22.77%	49.11%	-16.62%	20.57%	13.22%	-20.62%	11.07%	24.18%	-5.82%
Net Income Growth	-26.95%	-152.62%	-21.40%	39.17%	-20.01%	18.71%	6.45%	-18.28%	11.66%	20.85%	-2.47%
EPS Growth	-14.29%	0.00%	0.00%	42.86%	0.00%	23.08%	10.00%	0.00%	12.50%	20.00%	22.22%
Operating Cash Flow Growth	2.14%	29.33%	-48.32%	-69.81%	25.92%	-82.71%	29.21%	53.70%	-95.21%	62.43%	-39.06%
Free Cash Flow Firm Growth	-152.78%	-173.33%	-226.60%	60.65%	57.03%	54.81%	82.99%	98.69%	11.56%	85.17%	-10.87%
Invested Capital Growth	722.54%	2,514.04%	947.62%	38.47%	1.88%	17.87%	-13.34%	-35.27%	1.36%	-28.46%	-14.72%
Revenue Q/Q Growth	44.27%	2.57%	-14.41%	13.01%	3.37%	6.83%	-15.07%	14.66%	3.60%	4.40%	-11.42%
EBITDA Q/Q Growth	54.96%	-106.13%	27.81%	40.52%	-44.92%	-24.63%	21.28%	7.10%	13.25%	-17.80%	-8.88%
EBIT Q/Q Growth	46.77%	-81.13%	24.76%	29.85%	-21.97%	-23.37%	17.80%	2.49%	10.07%	-5.19%	-14.72%
NOPAT Q/Q Growth	46.77%	-81.13%	24.76%	29.85%	-21.97%	-23.37%	17.80%	2.49%	10.07%	-5.19%	-14.72%
Net Income Q/Q Growth	41.44%	-71.36%	21.40%	22.87%	-15.52%	-16.08%	9.55%	2.49%	13.72%	-4.00%	-17.11%
EPS Q/Q Growth	42.86%	-62.50%	23.08%	20.00%	0.00%	-25.00%	10.00%	11.11%	12.50%	-14.29%	12.50%
Operating Cash Flow Q/Q Growth	-36.56%	15.73%	-110.25%	29.81%	40.43%	-107.83%	18.54%	54.10%	-151.20%	60.00%	-201.49%
Free Cash Flow Firm Q/Q Growth	40.21%	-47.73%	-12.18%	60.29%	34.72%	-55.37%	57.76%	96.95%	-4,318.39%	73.95%	-215.78%
Invested Capital Q/Q Growth	-11.16%	18.02%	21.19%	8.98%	-34.64%	36.54%	-10.90%	-18.60%	2.35%	-3.63%	6.21%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.99%	213.68%	29.39%	30.67%	30.86%	284.08%	28.40%	30.34%	31.68%	30.31%	29.99%
EBITDA Margin	-23.63%	-47.48%	-40.04%	-21.08%	-29.55%	-34.47%	-31.95%	-25.89%	-21.68%	-24.46%	-30.07%
Operating Margin	-30.17%	-53.27%	-46.84%	-29.07%	-34.31%	-39.62%	-38.35%	-32.61%	-28.31%	-28.52%	-36.94%
EBIT Margin	-30.17%	-53.27%	-46.84%	-29.07%	-34.31%	-39.62%	-38.35%	-32.61%	-28.31%	-28.52%	-36.94%
Profit (Net Income) Margin	-33.23%	-55.52%	-50.99%	-34.80%	-38.89%	-42.26%	-45.00%	-38.28%	-31.88%	-31.76%	-41.98%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.20%	100.00%	100.00%	101.53%	100.00%
Interest Burden Percent	110.15%	104.21%	108.86%	119.69%	113.36%	106.66%	117.13%	117.36%	112.60%	109.65%	113.64%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-147.07%	-381.57%	-430.98%	-136.19%	-215.07%	-198.47%	-187.46%	-168.83%	-186.98%	-164.20%	-225.75%
ROIC Less NNEP Spread (ROIC-NNEP)	-119.54%	-318.71%	-364.65%	-19.21%	121.37%	392.45%	-288.09%	-248.85%	-227.44%	-209.75%	-117.27%
Return on Net Nonoperating Assets (RNNOA)	76.98%	168.31%	170.74%	3.34%	-11.39%	-18.08%	-117.67%	-146.01%	-648.39%	-286.12%	27.41%
Return on Equity (ROE)	-70.09%	-213.26%	-260.25%	-132.85%	-226.46%	-216.55%	-305.13%	-314.84%	-835.37%	-450.32%	-198.34%
Cash Return on Invested Capital (CROIC)	-562.95%	-646.13%	-317.83%	-218.36%	-257.32%	-202.86%	-158.72%	-144.55%	-229.74%	-148.96%	-176.30%
Operating Return on Assets (OROA)	-17.52%	-52.40%	-59.03%	-32.75%	-40.58%	-48.07%	-48.81%	-43.46%	-41.64%	-42.47%	-49.21%
Return on Assets (ROA)	-19.30%	-54.61%	-64.27%	-39.19%	-46.00%	-51.26%	-57.28%	-51.01%	-46.89%	-47.28%	-55.92%
Return on Common Equity (ROCE)	-69.56%	-211.33%	-257.67%	-132.85%	-226.46%	-122.30%	-107.71%	-20.75%	1,534.91%	721.23%	-27.89%
Return on Equity Simple (ROE_SIMPLE)	-189.35%	0.00%	-307.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.57	-8.27	-6.22	-4.36	-5.32	-6.57	-5.40	-5.26	-4.73	-4.98	-5.71
NOPAT Margin	-21.12%	-37.29%	-32.78%	-20.35%	-24.01%	-27.73%	-26.84%	-22.83%	-19.82%	-19.97%	-25.86%
Net Nonoperating Expense Percent (NNEP)	-27.53%	-62.86%	-66.33%	-116.98%	-336.44%	-590.92%	100.64%	80.02%	40.47%	45.55%	-108.48%
Return On Investment Capital (ROIC_SIMPLE)	-	-27.00%	-20.53%	-15.99%	-26.71%	-31.76%	-33.61%	-30.42%	-37.84%	-40.21%	-16.24%
Cost of Revenue to Revenue	69.01%	-113.68%	70.61%	69.33%	69.14%	-184.08%	71.60%	69.66%	68.32%	69.69%	70.01%
SG&A Expenses to Revenue	34.78%	54.96%	41.84%	30.50%	36.86%	36.74%	32.80%	36.13%	34.46%	32.41%	34.94%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	61.16%	266.95%	76.23%	59.74%	65.17%	323.69%	66.74%	62.95%	59.99%	58.83%	66.93%
Earnings before Interest and Taxes (EBIT)	-6.52	-12	-8.89	-6.24	-7.61	-9.38	-7.71	-7.52	-6.76	-7.11	-8.16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-5.11	-11	-7.60	-4.52	-6.55	-8.16	-6.43	-5.97	-5.18	-6.10	-6.64
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.65	9.09	8.95	10.02	22.47	0.00	0.00	0.00	0.00	0.00	13.36
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.56	2.51	1.55	1.13	1.02	1.38	1.36	1.24	1.38	2.68	1.59
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	13.09	12.86	9.00	6.85	9.64	10.26	11.87	13.58	15.23	28.87	14.93
Enterprise Value to Revenue (EV/Rev)	3.35	2.42	1.55	1.19	1.09	1.55	1.58	1.44	1.63	2.93	1.57
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.68	0.89	1.25	1.88	4.20	1.84	3.92	2.92	14.09	41.23	0.69
Long-Term Debt to Equity	0.39	0.42	0.77	0.85	2.15	0.93	1.99	1.52	10.43	34.94	0.62
Financial Leverage	-0.64	-0.53	-0.47	-0.17	-0.09	-0.05	0.41	0.59	2.85	1.36	-0.23
Leverage Ratio	4.27	4.91	5.55	4.91	6.86	5.63	7.73	8.80	24.70	13.06	5.02
Compound Leverage Factor	4.70	5.12	6.04	5.87	7.78	6.00	9.05	10.33	27.81	14.32	5.71
Debt to Total Capital	40.38%	47.04%	55.47%	65.26%	80.76%	64.75%	79.69%	74.49%	93.37%	97.63%	40.70%
Short-Term Debt to Total Capital	17.22%	24.91%	21.33%	35.67%	39.46%	32.14%	39.24%	35.66%	24.26%	14.90%	4.21%
Long-Term Debt to Total Capital	23.15%	22.12%	34.14%	29.59%	41.30%	32.62%	40.46%	38.83%	69.11%	82.73%	36.49%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	23.36%	30.86%	41.13%	52.38%	49.61%	19.04%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	19.47%	23.74%	22.41%	28.55%	28.76%	12.45%
Common Equity to Total Capital	59.62%	52.96%	44.53%	34.74%	19.24%	-7.58%	-34.29%	-38.03%	-74.31%	-76.00%	27.81%
Debt to EBITDA	-0.43	-0.43	-0.49	-0.64	-0.55	-0.62	-0.65	-0.61	-0.64	-0.72	-0.68
Net Debt to EBITDA	0.29	0.15	0.00	-0.18	-0.20	-0.15	-0.29	-0.14	-0.33	-0.38	0.58
Long-Term Debt to EBITDA	-0.25	-0.20	-0.30	-0.29	-0.28	-0.31	-0.33	-0.32	-0.47	-0.61	-0.61
Debt to NOPAT	-0.54	-0.54	-0.61	-0.76	-0.67	-0.74	-0.78	-0.74	-0.74	-0.83	-0.79
Net Debt to NOPAT	0.36	0.19	0.00	-0.22	-0.25	-0.18	-0.34	-0.17	-0.39	-0.44	0.67
Long-Term Debt to NOPAT	-0.31	-0.26	-0.37	-0.35	-0.34	-0.37	-0.39	-0.38	-0.55	-0.71	-0.71
Altman Z-Score	-0.96	-0.89	-1.07	-1.54	-2.15	-1.87	-2.24	-2.38	-2.69	-1.66	-1.31
Noncontrolling Interest Sharing Ratio	0.75%	0.90%	0.99%	0.00%	0.00%	43.52%	64.70%	93.41%	283.74%	260.16%	85.94%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.90	1.13	1.05	0.77	0.62	0.78	0.64	0.70	0.65	0.63	1.70
Quick Ratio	0.62	0.83	0.74	0.49	0.43	0.58	0.43	0.52	0.44	0.40	1.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-13	-19	-21	-8.43	-5.50	-8.55	-3.61	-0.11	-4.86	-1.27	-4.00
Operating Cash Flow to CapEx	-2,874.96%	0.00%	-11,387.77%	-1,900.38%	-994.96%	-1,191.91%	-1,046.21%	-548.37%	-5,888.63%	-185.94%	-6,399.34%
Free Cash Flow to Firm to Interest Expense	-19.33	-37.99	-26.93	0.00	0.00	-13.68	-2.73	0.00	0.00	0.00	-3.62
Operating Cash Flow to Interest Expense	-5.21	-5.84	-7.75	0.00	0.00	-8.50	-3.27	0.00	0.00	0.00	-5.44
Operating Cash Flow Less CapEx to Interest Expense	-5.39	-5.58	-7.82	0.00	0.00	-9.21	-3.59	0.00	0.00	0.00	-5.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.58	0.98	1.26	1.13	1.18	1.21	1.27	1.33	1.47	1.49	1.33
Accounts Receivable Turnover	0.00	0.00	0.00	30.62	28.44	29.75	25.93	33.28	29.85	42.73	39.62
Inventory Turnover	7.36	0.00	4.56	3.98	3.71	0.00	16.81	0.60	0.77	15.97	18.70
Fixed Asset Turnover	88.30	180.16	237.86	204.62	118.35	96.58	81.22	76.10	151.99	97.21	63.86
Accounts Payable Turnover	3.97	0.00	1.83	1.45	1.31	0.00	4.52	0.15	0.20	4.39	4.38
Days Sales Outstanding (DSO)	0.00	0.00	0.00	11.92	12.83	12.27	14.08	10.97	12.23	8.54	9.21
Days Inventory Outstanding (DIO)	49.62	0.00	80.09	91.81	98.48	0.00	21.71	608.28	471.72	22.85	19.52
Days Payable Outstanding (DPO)	92.03	0.00	199.17	251.44	279.11	0.00	80.78	2,376.94	1,839.09	83.18	83.37
Cash Conversion Cycle (CCC)	-42.41	0.00	-119.07	-147.71	-167.79	12.27	-44.99	-1,757.68	-1,355.13	-51.79	-54.64
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	9.38	11	13	15	9.55	13	12	9.46	9.68	9.33	9.91
Invested Capital Turnover	6.96	10.23	13.15	6.69	8.96	7.16	6.98	7.40	9.44	8.22	8.73
Increase / (Decrease) in Invested Capital	8.24	11	15	4.06	0.18	1.98	-1.79	-5.15	0.13	-3.71	-1.71
Enterprise Value (EV)	123	142	121	100	92	134	138	128	148	269	148
Market Capitalization	130	147	121	95	86	119	119	111	125	247	149
Book Value per Share	$0.19	$0.18	$0.15	$0.09	$0.04	($0.02)	($0.07)	($0.08)	($0.12)	($0.12)	$0.08
Tangible Book Value per Share	($0.08)	($0.09)	($0.11)	($0.14)	($0.18)	($0.23)	($0.27)	($0.27)	($0.31)	($0.30)	($0.07)
Total Capital	29	31	30	27	20	26	21	22	18	17	40
Total Debt	12	14	17	18	16	17	17	17	16	17	16
Total Long-Term Debt	6.62	6.78	10	8.08	8.23	8.38	8.52	8.66	12	14	15
Net Debt	-7.68	-5.16	-0.08	5.13	5.92	3.99	7.34	3.77	8.52	8.92	-14
Capital Expenditures (CapEx)	0.12	-0.13	0.05	0.23	0.26	0.45	0.41	0.36	0.08	1.07	0.09
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-17	-8.81	-9.28	-9.49	-14	-10	-12	-13	-12	-15	-13
Debt-free Net Working Capital (DFNWC)	1.93	11	7.62	3.20	-3.91	2.49	-2.07	-0.65	-4.48	-6.59	17
Net Working Capital (NWC)	-2.99	3.13	1.15	-6.54	-12	-5.76	-10	-8.61	-8.72	-9.18	15
Net Nonoperating Expense (NNE)	2.62	4.04	3.45	3.10	3.30	3.44	3.65	3.56	2.88	2.94	3.56
Net Nonoperating Obligations (NNO)	-7.68	-5.16	-0.08	5.13	5.72	3.99	7.34	3.77	8.52	8.92	-14
Total Depreciation and Amortization (D&A)	1.41	1.29	1.29	1.72	1.06	1.22	1.29	1.55	1.58	1.01	1.52
Debt-free, Cash-free Net Working Capital to Revenue	-47.23%	-14.98%	-11.93%	-11.26%	-16.61%	-11.76%	-13.17%	-15.16%	-13.56%	-15.91%	-14.23%
Debt-free Net Working Capital to Revenue	5.28%	18.30%	9.80%	3.80%	-4.61%	2.89%	-2.37%	-0.73%	-4.93%	-7.16%	17.97%
Net Working Capital to Revenue	-8.18%	5.32%	1.48%	-7.76%	-13.89%	-6.68%	-11.82%	-9.67%	-9.61%	-9.97%	16.17%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.08)	($0.13)	($0.10)	($0.08)	($0.08)	($0.10)	($0.09)	($0.08)	$0.00	$0.00	($0.07)
Adjusted Weighted Average Basic Shares Outstanding	91.08M	88.37M	95.09M	99.45M	103.51M	99.77M	103.55M	107.12M	113.75M	108.76M	129.44M
Adjusted Diluted Earnings per Share	($0.08)	($0.13)	($0.10)	($0.08)	($0.08)	($0.10)	($0.09)	($0.08)	($0.07)	($0.08)	($0.07)
Adjusted Weighted Average Diluted Shares Outstanding	91.08M	88.37M	95.09M	99.45M	103.51M	99.77M	103.55M	107.12M	112.02M	108.76M	129.44M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	92.17M	96.87M	100.03M	101.59M	102.50M	104.47M	105.76M	111.45M	113.75M	133.28M	134.11M
Normalized Net Operating Profit after Tax (NOPAT)	-4.57	-8.27	-6.22	-4.36	-5.32	-6.57	-5.40	-5.26	-4.73	-4.98	-5.71
Normalized NOPAT Margin	-21.12%	-37.29%	-32.78%	-20.35%	-24.01%	-27.73%	-26.84%	-22.83%	-19.82%	-19.97%	-25.86%
Pre Tax Income Margin	-33.23%	-55.52%	-50.99%	-34.80%	-38.89%	-42.26%	-44.92%	-38.28%	-31.88%	-31.28%	-41.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-9.85	-23.73	-11.28	0.00	0.00	-15.02	-5.84	0.00	0.00	0.00	-7.39
NOPAT to Interest Expense	-6.89	-16.61	-7.90	0.00	0.00	-10.52	-4.09	0.00	0.00	0.00	-5.17
EBIT Less CapEx to Interest Expense	-10.03	-23.47	-11.35	0.00	0.00	-15.74	-6.15	0.00	0.00	0.00	-7.47
NOPAT Less CapEx to Interest Expense	-7.08	-16.35	-7.97	0.00	0.00	-11.23	-4.40	0.00	0.00	0.00	-5.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.61%	0.00%	0.00%	-3.05%	-3.14%
Augmented Payout Ratio	-1.52%	-1.34%	0.00%	-0.65%	-0.33%	-0.25%	-0.67%	-0.86%	-0.88%	-4.06%	-4.21%

Financials Breakdown Chart

SKYX Platforms Financials - Frequently Asked Questions

According to the most recent income statement we have on file, SKYX Platforms' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

SKYX Platforms' net income appears to be on an upward trend, with a most recent value of -$33.42 million in 2025, rising from -$7.29 million in 2014. The previous period was -$35.77 million in 2024. View SKYX Platforms' forecast to see where analysts expect SKYX Platforms to go next.

SKYX Platforms' total operating income in 2025 was -$29.11 million, based on the following breakdown:

Total Gross Profit: $27.84 million
Total Operating Expenses: $56.95 million

Over the last 8 years, SKYX Platforms' total revenue changed from $0.00 in 2014 to $92.01 million in 2025, a change of 9,200,994,900.0%.

SKYX Platforms' total liabilities were at $57.30 million at the end of 2025, a 0.8% increase from 2024, and a 178.1% increase since 2014.

In the past 8 years, SKYX Platforms' cash and equivalents has ranged from $450.87 thousand in 2015 to $16.81 million in 2023, and is currently $8.05 million as of their latest financial filing in 2025.

Over the last 8 years, SKYX Platforms' book value per share changed from -0.26 in 2014 to -0.12 in 2025, a change of -55.8%.

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Financial statements for NASDAQ:SKYX last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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SKYX Platforms (SKYX) Financials

Financials Breakdown Chart

SKYX Platforms Financials - Frequently Asked Questions

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SKYX Platforms (SKYX) Financials

Annual Income Statements for SKYX Platforms

Quarterly Income Statements for SKYX Platforms

Annual Cash Flow Statements for SKYX Platforms

Quarterly Cash Flow Statements for SKYX Platforms

Annual Balance Sheets for SKYX Platforms

Quarterly Balance Sheets for SKYX Platforms

Annual Metrics And Ratios for SKYX Platforms

Quarterly Metrics And Ratios for SKYX Platforms

Financials Breakdown Chart

SKYX Platforms Financials - Frequently Asked Questions

When does SKYX Platforms' fiscal year end?

How has SKYX Platforms' net income changed over the last 8 years?

What is SKYX Platforms' operating income?

How has SKYX Platforms' revenue changed over the last 8 years?

How much debt does SKYX Platforms have?

How much cash does SKYX Platforms have?

How has SKYX Platforms' book value per share changed over the last 8 years?

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