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| Date | Value |
|---|---|
| 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 |