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

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

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

SKYX Platforms has reported Operating Expenses for 12 years, with the latest figure at $30.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 8.73% year-over-year to $30.3 million; the trailing twelve-month figure through Mar 2026 stood at $123.6 million (up 4.4% YoY), and the FY2025 full-year result was $121.1 million, up 2.31% from the prior year.
  • Operating Expenses for Q1 2026 stood at $30.3 million, down from $32.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $59.2 million in Q4 2023, with the low at $4.5 million in Q4 2022.
  • Historically, Operating Expenses has averaged $23.1 million across 5 years, with a median of $27.8 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 1276.94% — and 2024, when it sank 44.14%.
  • SKYX Platforms' Operating Expenses stood at $4.5 million in 2022, then jumped by 1210.58% to $59.2 million in 2023, then tumbled by 44.14% to $33.1 million in 2024, then slipped by 3.05% to $32.1 million in 2025, then retreated by 5.62% to $30.3 million in 2026.
  • The last three Operating Expenses figures came in at $30.3 million (Q1 2026), $32.1 million (Q4 2025), and $30.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 249.90 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 132.60 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 30.13 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.90 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 387.40 Mn
10 SKYX Platforms 134.62 Mn 104.36 Mn 15.03 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