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| Date | Value |
|---|---|
| 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 |