SKYX Platforms (SKYX) Cost of Revenue (2014 - 2026)

SKYX Platforms (SKYX) reported Cost of Revenue of $7.1 million for Q1 2026, up 3.52% on a YoY basis from $6.8 million in Q1 2025, and down 84.32% quarter-over-quarter from $45.1 million in Q4 2025.

SKYX Platforms (SKYX) Cost of Revenue (2014 - 2026) Analysis & Trends

SKYX Platforms has reported Cost of Revenue for 11 years, with the latest figure at $7.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 3.52% year-over-year to $7.1 million; the trailing twelve-month figure through Mar 2026 stood at $74.6 million (up 20.42% YoY), and the FY2025 full-year result was $64.2 million, up 4.04% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $7.1 million, down from $45.1 million in the prior quarter.
  • The five-year high for Cost of Revenue was $45.1 million in Q4 2025, with the low at $5640.0 in Q1 2022.
  • Historically, Cost of Revenue has averaged $11.2 million across 5 years, with a median of $6.8 million in 2025.
  • Annual changes were most pronounced in 2022 — Cost of Revenue sank 93.16% — and 2023, when it soared 252140.33%.
  • SKYX Platforms' Cost of Revenue stood at $8.0 million in 2022, then decreased by 21.51% to $6.3 million in 2023, then surged by 580.83% to $42.6 million in 2024, then increased by 5.76% to $45.1 million in 2025, then slumped by 84.32% to $7.1 million in 2026.
  • The last three Cost of Revenue figures came in at $7.1 million (Q1 2026), $45.1 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 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 525.51 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 796.40 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.01 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 310.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 208.68 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 28.04 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 535.30 Mn
10 SKYX Platforms 134.62 Mn 104.36 Mn 15.03 Mn 7.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.07 Mn
Mar 31, 2026 7.07 Mn
Dec 31, 2025 45.06 Mn
Dec 31, 2025 45.06 Mn
Sep 30, 2025 16.32 Mn
Sep 30, 2025 16.32 Mn
Jun 30, 2025 6.19 Mn
Jun 30, 2025 6.19 Mn
Mar 31, 2025 6.83 Mn
Mar 31, 2025 6.83 Mn
Dec 31, 2024 42.61 Mn
Dec 31, 2024 42.61 Mn
Sep 30, 2024 6.28 Mn
Sep 30, 2024 6.28 Mn
Jun 30, 2024 6.27 Mn
Jun 30, 2024 6.27 Mn
Mar 31, 2024 13.40 Mn
Mar 31, 2024 13.40 Mn
Dec 31, 2023 6.26 Mn
Dec 31, 2023 6.26 Mn