Sky Harbour (SKYH) EBITDA (2020 - 2025)

Sky Harbour (SKYH) recorded quarterly EBITDA of -$4.5 million in Q4 2025, up 28.43% quarter-over-quarter from -$6.3 million in Q3 2025, and up 27.84% on a YoY basis from -$3.5 million in Q4 2024.

Sky Harbour (SKYH) EBITDA (2020 - 2025) Analysis & Trends

Sky Harbour's EBITDA history runs 6 years deep, the most recent figure standing at -$4.5 million for Q4 2025.

  • In Q4 2025, EBITDA rose 27.84% year-over-year to -$4.5 million; the TTM figure through Dec 2025 stood at -$23.7 million (down 19.05% YoY), while the FY2025 annual figure was -$23.1 million, down 16.13% from the prior year.
  • EBITDA was -$4.5 million for Q4 2025 at Sky Harbour, up from -$6.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $4.4 million in Q1 2021 to a low of -$6.6 million in Q1 2025.
  • Historically, EBITDA has averaged -$3.9 million across 5 years, with a median of -$4.5 million in 2022.
  • The sharpest annual moves came in 2021 and 2023: EBITDA sank 141903.17% in 2021, then jumped 34.89% in 2023.
  • A 5-year view of EBITDA shows it stood at -$2.5 million in 2021, then tumbled by 33.7% to -$3.4 million in 2022, then plunged by 65.96% to -$5.6 million in 2023, then fell by 10.69% to -$6.2 million in 2024, then gained by 27.84% to -$4.5 million in 2025.
  • The last three EBITDA figures came in at -$4.5 million (Q4 2025), -$6.3 million (Q3 2025), and -$6.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - 107.60 Mn
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 94.55 Mn
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn 615.69 Mn
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn 42.30 Mn
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn -9.64 Mn
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn -4.49 Mn
7 Belpointe PREP 180.46 Mn 161.50 Mn - -
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn 3.01 Mn
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 4.54 Mn
10 JFB Construction Holdings 88.07 Mn 62.81 Mn 681,192.00 -2.02 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.49 Mn
Sep 30, 2025 -6.27 Mn
Jun 30, 2025 -6.34 Mn
Mar 31, 2025 -6.60 Mn
Dec 31, 2024 -6.22 Mn
Sep 30, 2024 -4.41 Mn
Jun 30, 2024 -4.51 Mn
Mar 31, 2024 -4.78 Mn
Dec 31, 2023 -5.62 Mn
Sep 30, 2023 -2.95 Mn
Jun 30, 2023 -3.80 Mn
Mar 31, 2023 -4.68 Mn
Dec 31, 2022 -3.39 Mn
Sep 30, 2022 -4.53 Mn
Jun 30, 2022 -4.99 Mn
Mar 31, 2022 -5.57 Mn
Dec 31, 2021 -2.53 Mn
Sep 30, 2021 -3.09 Mn
Jun 30, 2021 1.72 Mn
Mar 31, 2021 4.43 Mn