Growth Metrics

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

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

SKYX Platforms (SKYX) has 12 years of Operating Expenses data on file, last reported 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.
  • Across five years, Operating Expenses topped out at $59.2 million in Q4 2023 and bottomed at $4.5 million in Q4 2022.
  • The 5-year median for Operating Expenses is $27.8 million (2025), against an average of $23.1 million.
  • The widest annual swing landed in 2022, when Operating Expenses surged 1276.94%; it then tumbled 44.14% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $4.5 million in 2022, then surged by 1210.58% to $59.2 million in 2023, then slumped by 44.14% to $33.1 million in 2024, then dropped by 3.05% to $32.1 million in 2025, then decreased 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 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 451.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 153.35 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 249.90 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 241.50 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 132.60 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 30.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 387.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 19.72 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 87.88 Mn
10 SKYX Platforms 146.27 Mn 116.01 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
Mar 31, 2021 867,680.00
Sep 30, 2018 2.75 Mn
Jun 30, 2018 2.86 Mn
Dec 31, 2017 2.62 Mn
Sep 30, 2017 1.80 Mn
Jun 30, 2017 1.80 Mn
Dec 31, 2016 -166,572.00
Sep 30, 2016 1.61 Mn
Jun 30, 2016 1.51 Mn
Mar 31, 2016 -1.43 Mn
Dec 31, 2015 1.50 Mn
Sep 30, 2015 1.22 Mn
Jun 30, 2015 1.28 Mn
Mar 31, 2015 -1.25 Mn
Dec 31, 2014 3.38 Mn
Sep 30, 2014 481,922.00
Jun 30, 2014 583,281.00
Mar 31, 2014 377,726.00
Dec 31, 2013 1.30 Mn