SKYX Platforms (SKYX) Cost of Revenue (2014 - 2026)
SKYX Platforms posted quarterly Cost of Revenue of $7.1 million for Q1 2026, up 3.52% year-on-year from $6.8 million in Q1 2025, and down 84.32% on a QoQ basis from $45.1 million in Q4 2025.
SKYX Platforms (SKYX) has 11 years of Cost of Revenue data on file, last reported 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.
- Across five years, Cost of Revenue topped out at $45.1 million in Q4 2025 and bottomed at $5640.0 in Q1 2022.
- The 5-year median for Cost of Revenue is $6.8 million (2025), against an average of $11.2 million.
- The widest annual swing landed in 2022, when Cost of Revenue tumbled 93.16%; it then soared 252140.33% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $8.0 million in 2022, then slipped by 21.51% to $6.3 million in 2023, then soared by 580.83% to $42.6 million in 2024, then rose by 5.76% to $45.1 million in 2025, then sank 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.65 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 525.51 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 796.40 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 1.01 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 310.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 208.68 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 535.30 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 398.41 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 185.12 Mn |
| 10 | SKYX Platforms | 146.27 Mn | 116.01 Mn | 15.03 Mn | 7.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 14.92 Mn |
| Sep 30, 2023 | 14.92 Mn |
| Jun 30, 2023 | 10.29 Mn |
| Jun 30, 2023 | 10.29 Mn |
| Mar 31, 2023 | 1.30 Mn |
| Mar 31, 2023 | 1.30 Mn |
| Dec 31, 2022 | 7.97 Mn |
| Dec 31, 2022 | 7.97 Mn |
| Sep 30, 2022 | 5,914.00 |
| Sep 30, 2022 | 5,914.00 |
| Jun 30, 2022 | 6,122.00 |
| Jun 30, 2022 | 6,122.00 |
| Mar 31, 2022 | 5,640.00 |
| Mar 31, 2022 | 5,640.00 |
| Dec 31, 2021 | 5,953.00 |
| Dec 31, 2021 | 5,953.00 |
| Mar 31, 2021 | 82,508.00 |
| Mar 31, 2021 | 82,508.00 |
| Sep 30, 2018 | 928,823.00 |
| Sep 30, 2018 | 928,823.00 |
| Jun 30, 2018 | 1.88 Mn |
| Jun 30, 2018 | 1.88 Mn |
| Dec 31, 2017 | 1.20 Mn |
| Dec 31, 2017 | 1.20 Mn |
| Sep 30, 2017 | 1.19 Mn |
| Sep 30, 2017 | 1.19 Mn |
| Jun 30, 2017 | 1.19 Mn |
| Jun 30, 2017 | 1.19 Mn |
| Dec 31, 2016 | 1.29 Mn |
| Dec 31, 2016 | 1.29 Mn |
| Sep 30, 2016 | 1.59 Mn |
| Sep 30, 2016 | 1.59 Mn |
| Jun 30, 2016 | 1.69 Mn |
| Jun 30, 2016 | 1.69 Mn |
| Mar 31, 2016 | 1.56 Mn |
| Mar 31, 2016 | 1.56 Mn |
| Dec 31, 2015 | 281,597.00 |
| Dec 31, 2015 | 281,597.00 |
| Sep 30, 2015 | 248,675.00 |
| Sep 30, 2015 | 248,675.00 |
| Jun 30, 2015 | 707,252.00 |
| Jun 30, 2015 | 707,252.00 |
| Mar 31, 2015 | 1.24 Mn |
| Mar 31, 2015 | 1.24 Mn |
| Dec 31, 2014 | -320,619.00 |
| Dec 31, 2014 | -320,619.00 |
| Sep 30, 2014 | 102,470.00 |
| Sep 30, 2014 | 102,470.00 |
| Jun 30, 2014 | 218,143.00 |
| Jun 30, 2014 | 218,143.00 |