Sky Harbour (SKYH-WT) Operating Expenses (2021 - 2025)
Sky Harbour's (SKYH-WT) quarterly Operating Expenses came in at $14.1 million in Q4 2025, up 40.4% year-on-year from $10.0 million in Q4 2024, and down 6.19% quarter-over-quarter from $15.0 million in Q3 2025.
Sky Harbour (SKYH-WT) Operating Expenses (2021 - 2025) Analysis & Trends
Sky Harbour's Operating Expenses history runs 5 years deep, the most recent figure standing at $14.1 million for Q4 2025.
- On a quarterly basis, Operating Expenses rose 40.4% year-over-year to $14.1 million in Q4 2025; TTM through Dec 2025 was $55.6 million, a 57.97% increase from a year earlier, with the FY2025 full-year figure at $55.6 million, up 57.97% from the prior year.
- Operating Expenses slipped to $14.1 million in Q4 2025 per SKYH-WT's latest filing, from $15.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $15.0 million in Q3 2025 and bottomed at $1.7 million in Q1 2021.
- The 5-year median for Operating Expenses is $6.0 million (2022), against an average of $7.5 million.
- Biggest YoY gain for Operating Expenses was 245.86% in 2022; the steepest drop was 25.16% in 2022.
- Year by year, Operating Expenses stood at $5.6 million in 2021, then declined by 25.16% to $4.2 million in 2022, then soared by 63.53% to $6.9 million in 2023, then surged by 45.05% to $10.0 million in 2024, then jumped by 40.4% to $14.1 million in 2025.
- Per Business Quant, the three latest SKYH-WT Operating Expenses figures stand at $14.1 million (Q4 2025), $15.0 million (Q3 2025), and $14.1 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.62 Bn | 29.62 Bn | - | -9.30 Mn |
| 2 | Howard Hughes Holdings | 3.96 Bn | 3.96 Bn | 182.88 Mn | 185.37 Mn |
| 3 | Century Communities | 2.04 Bn | 1.95 Bn | 190.18 Mn | -173,000.00 |
| 4 | Forestar | 1.50 Bn | 1.10 Bn | 84.10 Mn | 38.30 Mn |
| 5 | Five Point Holdings | 415.49 Mn | 66.11 Mn | -23.72 Mn | 21.49 Mn |
| 6 | Belpointe PREP | 176.12 Mn | 176.12 Mn | - | 15.16 Mn |
| 7 | Smith Douglas Homes | 138.78 Mn | 110.79 Mn | 40.45 Mn | 35.91 Mn |
| 8 | Amrep | 122.30 Mn | 69.61 Mn | 4.41 Mn | 8.90 Mn |
| 9 | Logistic Properties of the Americas | 94.85 Mn | 94.85 Mn | - | -4.07 Mn |
| 10 | Sky Harbour | 17.76 Mn | 17.76 Mn | - | 14.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.05 Mn |
| Sep 30, 2025 | 14.98 Mn |
| Jun 30, 2025 | 14.12 Mn |
| Mar 31, 2025 | 12.42 Mn |
| Dec 31, 2024 | 10.01 Mn |
| Sep 30, 2024 | 8.96 Mn |
| Jun 30, 2024 | 8.58 Mn |
| Mar 31, 2024 | 7.63 Mn |
| Dec 31, 2023 | 6.90 Mn |
| Sep 30, 2023 | 5.90 Mn |
| Jun 30, 2023 | 5.97 Mn |
| Mar 31, 2023 | 5.79 Mn |
| Dec 31, 2022 | 4.22 Mn |
| Sep 30, 2022 | 4.98 Mn |
| Jun 30, 2022 | 5.54 Mn |
| Mar 31, 2022 | 5.97 Mn |
| Dec 31, 2021 | 5.64 Mn |
| Sep 30, 2021 | 3.62 Mn |
| Jun 30, 2021 | 2.79 Mn |
| Mar 31, 2021 | 1.73 Mn |