SKYX Platforms (SKYX) Gross Margin (2015 - 2026)

SKYX Platforms (SKYX) reported Gross Margin of 68.01% for Q1 2026, up 195.0% on a YoY basis from 23.05% in Q1 2025, and up 184.32% quarter-over-quarter from 80.66% in Q4 2025.

SKYX Platforms (SKYX) Gross Margin (2015 - 2026) Analysis & Trends

SKYX Platforms has reported Gross Margin for 10 years, with the latest figure at 68.01% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 195.0% year-over-year to 68.01%; the trailing twelve-month figure through Mar 2026 stood at 20.59% (up 1169.0% YoY), and the FY2025 full-year result was 30.25%, up 175.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 68.01%, up from 80.66% in the prior quarter.
  • The five-year high for Gross Margin was 86.42% in Q4 2022, with the low at 80.66% in Q4 2025.
  • Historically, Gross Margin has averaged 29.44% across 5 years, with a median of 30.88% in 2022.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 6626 bps — and 2024, when it plunged 10981 bps.
  • SKYX Platforms' Gross Margin stood at 86.42% in 2022, then plunged by 65 bps to 29.91% in 2023, then slumped by 367 bps to 79.9% in 2024, then retreated by 1 bps to 80.66% in 2025, then jumped by 184 bps to 68.01% in 2026.
  • The last three Gross Margin figures came in at 68.01% (Q1 2026), 80.66% (Q4 2025), and 31.68% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 37.73%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 30.03%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 35.88%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 33.32%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 39.32%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 29.65%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.77%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 49.29%
10 SKYX Platforms 134.62 Mn 104.36 Mn 15.03 Mn 68.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 68.01%
Dec 31, 2025 -80.66%
Sep 30, 2025 31.68%
Jun 30, 2025 73.18%
Mar 31, 2025 66.06%
Dec 31, 2024 -79.90%
Sep 30, 2024 30.86%
Jun 30, 2024 30.67%
Mar 31, 2024 29.39%
Dec 31, 2023 29.91%
Sep 30, 2023 30.99%
Jun 30, 2023 31.34%
Mar 31, 2023 85.36%
Dec 31, 2022 86.42%
Sep 30, 2022 30.88%
Jun 30, 2022 17.15%
Mar 31, 2022 19.09%
Dec 31, 2021 110.43%
Mar 31, 2021 17.64%
Sep 30, 2018 8.20%