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