SKYX Platforms (SKYX) Operating Expenses (2013 - 2026)
SKYX Platforms' (SKYX) quarterly Operating Expenses came in at $30.3 million in Q1 2026, up 8.73% YoY 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) Operating Expenses (2013 - 2026) Analysis & Trends
SKYX Platforms (SKYX) has 12 years of Operating Expenses data on file, last reported at $30.3 million in 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 retreated to $30.3 million in Q1 2026, from $32.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $59.2 million in Q4 2023 to a low of $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 sank 44.14%.
- Tracing SKYX's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 173.34 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 264.40 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 257.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 62.43 Mn |
| 10 | SKYX Platforms | 155.39 Mn | 155.39 Mn | - | 32.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.34 Mn |
| 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 |