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
DateValue
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