SKYX Platforms (SKYX) Interest Expenses (2013 - 2026)
SKYX Platforms (SKYX) posted Interest Expenses of $1.1 million for Q1 2026, up 53.58% on a QoQ basis from $724987.0 in Q4 2025, and down 19.21% year-over-year from $1.4 million in Q1 2025.
SKYX Platforms (SKYX) Interest Expenses (2013 - 2026) Analysis & Trends
SKYX Platforms' Interest Expenses history runs 12 years deep, the most recent figure standing at $1.1 million for Q1 2026.
- Quarterly Interest Expenses fell 19.21% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.2 million (down 6.62% YoY) and the FY2025 annual result came in at $40.0 million, up 24.06% from the prior year.
- Interest Expenses was $1.1 million for Q1 2026 at SKYX Platforms, up from $724987.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $345.1 million in Q1 2022 and bottomed at -$195835.0 in Q4 2023.
- A 5-year average of $24.9 million and a median of $2.0 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses slumped 153.74% — and 2025, when it jumped 2004.31%.
- SKYX Platforms' Interest Expenses stood at $364399.0 in 2022, then slumped by 153.74% to -$195835.0 in 2023, then soared by 1118.55% to $2.0 million in 2024, then tumbled by 63.65% to $724987.0 in 2025, then surged by 53.58% to $1.1 million in 2026.
- Business Quant data shows SKYX's Interest Expenses at $1.1 million in Q1 2026, $724987.0 in Q4 2025, and $21.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 227,000.00 |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 42.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 638.56 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 97.70 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 107.80 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 7.80 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 6.64 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | -7.72 Mn |
| 10 | SKYX Platforms | 147.56 Mn | 117.30 Mn | 6.63 Mn | 1.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.11 Mn |
| Mar 31, 2026 | 1.11 Mn |
| Dec 31, 2025 | 724,987.00 |
| Dec 31, 2025 | 724,987.00 |
| Sep 30, 2025 | 21.00 Mn |
| Sep 30, 2025 | 21.00 Mn |
| Jun 30, 2025 | 21.59 Mn |
| Jun 30, 2025 | 21.59 Mn |
| Mar 31, 2025 | 1.38 Mn |
| Mar 31, 2025 | 1.38 Mn |
| Dec 31, 2024 | 1.99 Mn |
| Dec 31, 2024 | 1.99 Mn |
| 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 | 2.04 Mn |
| Mar 31, 2024 | 2.04 Mn |
| Dec 31, 2023 | -195,835.00 |
| Dec 31, 2023 | -195,835.00 |