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| 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 |