SKYX Platforms (SKYX) Interest Expenses (2013 - 2026)
SKYX Platforms (SKYX) reported Interest Expenses of $1.1 million for Q1 2026, down 16.4% on a YoY basis from $1.3 million in Q1 2025, and up 49.21% quarter-over-quarter from $740343.0 in Q4 2025.
SKYX Platforms (SKYX) Interest Expenses (2013 - 2026) Analysis & Trends
SKYX Platforms has reported Interest Expenses for 12 years, with the latest figure at $1.1 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 16.4% year-over-year to $1.1 million; the trailing twelve-month figure through Mar 2026 stood at $4.0 million (down 10.96% YoY), and the FY2025 full-year result was $4.2 million, up 7.17% from the prior year.
- Interest Expenses for Q1 2026 stood at $1.1 million, up from $740343.0 in the prior quarter.
- The five-year high for Interest Expenses was $1.3 million in Q1 2025, with the low at -$2.5 million in Q4 2023.
- Historically, Interest Expenses has averaged $580450.2 across 5 years, with a median of $770104.0 in 2024.
- The largest YoY upside for Interest Expenses was 1387.75% in 2023 against a maximum downside of 793.05% in 2023.
- SKYX Platforms' Interest Expenses stood at $364399.0 in 2022, then slumped by 793.05% to -$2.5 million in 2023, then soared by 136.68% to $926472.0 in 2024, then decreased by 20.09% to $740343.0 in 2025, then jumped by 49.21% to $1.1 million in 2026.
- The last three Interest Expenses figures came in at $1.1 million (Q1 2026), $740343.0 (Q4 2025), and $834162.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -4.40 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 8.60 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.30 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 4.10 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 451,000.00 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | SKYX Platforms | 134.62 Mn | 104.36 Mn | 15.03 Mn | 1.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.10 Mn |
| Mar 31, 2026 | 1.10 Mn |
| Dec 31, 2025 | 740,343.00 |
| Dec 31, 2025 | 740,343.00 |
| Sep 30, 2025 | 834,162.00 |
| Sep 30, 2025 | 834,162.00 |
| Jun 30, 2025 | 1.29 Mn |
| Jun 30, 2025 | 1.29 Mn |
| Mar 31, 2025 | 1.32 Mn |
| Mar 31, 2025 | 1.32 Mn |
| Dec 31, 2024 | 926,472.00 |
| Dec 31, 2024 | 926,472.00 |
| Sep 30, 2024 | 997,925.00 |
| Sep 30, 2024 | 997,925.00 |
| Jun 30, 2024 | 1.21 Mn |
| Jun 30, 2024 | 1.21 Mn |
| Mar 31, 2024 | 770,104.00 |
| Mar 31, 2024 | 770,104.00 |
| Dec 31, 2023 | -2.53 Mn |
| Dec 31, 2023 | -2.53 Mn |