SKYX Platforms (SKYX) Cost of Revenue (2015 - 2026)

SKYX Platforms (SKYX) posted Cost of Revenue of $15.5 million for Q1 2026, down 11.01% on a QoQ basis from $17.4 million in Q4 2025, and up 7.4% year-over-year from $14.4 million in Q1 2025.

SKYX Platforms (SKYX) Cost of Revenue (2015 - 2026) Analysis & Trends

SKYX Platforms' Cost of Revenue history runs 10 years deep, the most recent figure standing at $15.5 million for 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 was $15.5 million for Q1 2026 at SKYX Platforms, down from $17.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $18.1 million in Q4 2024 and bottomed at $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 plunged 93.16% — and 2023, when it jumped 1256351.82%.
  • SKYX Platforms' Cost of Revenue stood at $1237.0 in 2022, then surged by 1256351.82% to $15.5 million in 2023, then gained by 16.37% to $18.1 million in 2024, then fell by 3.89% to $17.4 million in 2025, then fell by 11.01% to $15.5 million in 2026.
  • Business Quant data shows SKYX's Cost of Revenue at $15.5 million in Q1 2026, $17.4 million in Q4 2025, and $16.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Electrovaya 413.55 Bn 413.53 Bn 6.04 Mn 12.01 Mn
2 Vertiv Holdings 109.26 Bn 106.76 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 53.01 Bn 50.51 Bn 225.54 Mn 525.51 Mn
4 Hubbell 26.33 Bn 25.81 Bn 505.30 Mn 1.01 Bn
5 nVent Electric 24.09 Bn 23.90 Bn 445.60 Mn 796.40 Mn
6 Advanced Energy Industries 10.99 Bn 10.29 Bn 200.90 Mn 310.10 Mn
7 Acuity Inc. (De) 10.14 Bn 9.72 Bn 606.40 Mn 591.60 Mn
8 Powell Industries 8.00 Bn 7.45 Bn 87.94 Mn 208.68 Mn
9 EnerSys 7.11 Bn 6.67 Bn 290.87 Mn 83.14 Mn
10 SKYX Platforms 149.50 Mn 119.24 Mn 6.63 Mn 15.47 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 15.54 Mn
Dec 31, 2023 15.54 Mn