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
DateValue
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