SKYX Platforms (SKYX) Interest Expenses (2013 - 2026)
SKYX Platforms' (SKYX) quarterly Interest Expenses came in at $1.1 million in Q1 2026, down 19.21% YoY from $1.4 million in Q1 2025, and up 80.16% on a QoQ basis from $618002.0 in Q4 2025.
SKYX Platforms (SKYX) Interest Expenses (2013 - 2026) Analysis & Trends
SKYX Platforms (SKYX) has 12 years of Interest Expenses data on file, last reported at $1.1 million in 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 8.35% YoY) and the FY2025 annual result came in at $40.0 million, up 24.06% from the prior year.
- Interest Expenses grew to $1.1 million in Q1 2026, from $618002.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $345.1 million in Q1 2022 to a low of $285052.0 in Q4 2022.
- 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 sank 99.79% — and 2025, when it jumped 2004.31%.
- Tracing SKYX's Interest Expenses over 5 years: stood at $285052.0 in 2022, then soared by 78.14% to $507781.0 in 2023, then soared by 317.56% to $2.1 million in 2024, then slumped by 70.85% to $618002.0 in 2025, then surged by 80.16% to $1.1 million in 2026.
- The last three Interest Expenses figures came in at $1.1 million (Q1 2026), $618002.0 (Q4 2025), and $21.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 17.40 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 8.91 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 1.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 3.30 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 10.60 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 16.89 Mn |
| 10 | SKYX Platforms | 155.39 Mn | 155.39 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.60 Mn |
| Jun 30, 2026 | 23.60 Mn |
| Mar 31, 2026 | 1.11 Mn |
| Mar 31, 2026 | 1.11 Mn |
| Dec 31, 2025 | 618,002.00 |
| Dec 31, 2025 | 618,002.00 |
| 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 | 2.12 Mn |
| Dec 31, 2024 | 2.12 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 |