SKYX Platforms (SKYX) Operating Expenses (2013 - 2026)

SKYX Platforms (SKYX) posted Operating Expenses of $30.3 million for Q1 2026, down 5.62% on a QoQ basis from $32.1 million in Q4 2025, and up 8.73% year-over-year from $27.8 million in Q1 2025.

SKYX Platforms (SKYX) Operating Expenses (2013 - 2026) Analysis & Trends

SKYX Platforms' Operating Expenses history runs 12 years deep, the most recent figure standing at $30.3 million for Q1 2026.

  • Quarterly Operating Expenses rose 8.73% year-over-year to $30.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $123.6 million (up 4.4% YoY) and the FY2025 annual result came in at $121.1 million, up 2.31% from the prior year.
  • Operating Expenses was $30.3 million for Q1 2026 at SKYX Platforms, down from $32.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $59.2 million in Q4 2023 and bottomed at $4.5 million in Q4 2022.
  • A 5-year average of $23.1 million and a median of $27.8 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 1276.94% — and 2024, when it plunged 44.14%.
  • SKYX Platforms' Operating Expenses stood at $4.5 million in 2022, then soared by 1210.58% to $59.2 million in 2023, then sank by 44.14% to $33.1 million in 2024, then declined by 3.05% to $32.1 million in 2025, then slipped by 5.62% to $30.3 million in 2026.
  • Business Quant data shows SKYX's Operating Expenses at $30.3 million in Q1 2026, $32.1 million in Q4 2025, and $30.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 2.76 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 153.35 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 241.50 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 249.90 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 132.60 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 413.10 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 30.13 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 589.73 Mn
10 SKYX Platforms 147.56 Mn 117.30 Mn 6.63 Mn 30.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.26 Mn
Dec 31, 2025 32.06 Mn
Sep 30, 2025 30.66 Mn
Jun 30, 2025 30.58 Mn
Mar 31, 2025 27.83 Mn
Dec 31, 2024 33.07 Mn
Sep 30, 2024 29.77 Mn
Jun 30, 2024 27.68 Mn
Mar 31, 2024 27.87 Mn
Dec 31, 2023 59.19 Mn
Sep 30, 2023 13.22 Mn
Jun 30, 2023 16.95 Mn
Mar 31, 2023 7.25 Mn
Dec 31, 2022 4.52 Mn
Sep 30, 2022 5.61 Mn
Jun 30, 2022 4.57 Mn
Mar 31, 2022 11.95 Mn
Dec 31, 2021 1.88 Mn
Sep 30, 2021 1.43 Mn
Jun 30, 2021 962,330.00