SKYX Platforms (SKYX) Cost of Revenue (2015 - 2026)
SKYX Platforms' (SKYX) quarterly Cost of Revenue came in at $15.5 million in Q1 2026, up 7.4% YoY from $14.4 million in Q1 2025, and down 11.01% on a QoQ basis from $17.4 million in Q4 2025.
SKYX Platforms (SKYX) Cost of Revenue (2015 - 2026) Analysis & Trends
SKYX Platforms (SKYX) has 10 years of Cost of Revenue data on file, last reported at $15.5 million in Q1 2026.
- Quarterly Cost of Revenue rose 7.4% year-over-year to $15.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $65.2 million (up 4.08% YoY) and the FY2025 annual result came in at $64.2 million, up 4.04% from the prior year.
- Cost of Revenue retreated to $15.5 million in Q1 2026, from $17.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $18.1 million in Q4 2024 to a low of $1237.0 in Q4 2022.
- A 5-year average of $10.7 million and a median of $14.9 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue sank 93.16% — and 2023, when it jumped 1256351.82%.
- Tracing SKYX's Cost of Revenue over 5 years: stood at $1237.0 in 2022, then soared by 1256351.82% to $15.5 million in 2023, then increased by 16.37% to $18.1 million in 2024, then dropped by 3.89% to $17.4 million in 2025, then dropped by 11.01% to $15.5 million in 2026.
- The last three Cost of Revenue figures came in at $15.5 million (Q1 2026), $17.4 million (Q4 2025), and $16.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.04 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 709.79 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 1.10 Bn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 913.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 338.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 591.60 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 216.44 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 538.65 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 179.97 Mn |
| 10 | SKYX Platforms | 155.39 Mn | 155.39 Mn | - | -4.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.39 Mn |
| Jun 30, 2026 | -4.39 Mn |
| Mar 31, 2026 | 15.47 Mn |
| Mar 31, 2026 | 15.47 Mn |
| Dec 31, 2025 | 17.38 Mn |
| Dec 31, 2025 | 17.38 Mn |
| Sep 30, 2025 | 16.32 Mn |
| Sep 30, 2025 | 16.32 Mn |
| Jun 30, 2025 | 16.06 Mn |
| Jun 30, 2025 | 16.06 Mn |
| Mar 31, 2025 | 14.40 Mn |
| Mar 31, 2025 | 14.40 Mn |
| Dec 31, 2024 | 18.09 Mn |
| Dec 31, 2024 | 18.09 Mn |
| Sep 30, 2024 | 15.33 Mn |
| Sep 30, 2024 | 15.33 Mn |
| Jun 30, 2024 | 14.87 Mn |
| Jun 30, 2024 | 14.87 Mn |
| Mar 31, 2024 | 13.40 Mn |
| Mar 31, 2024 | 13.40 Mn |