SKYX Platforms (SKYX) Research & Development (2022 - 2026)

SKYX Platforms (SKYX) posted Research & Development of $7.1 million for Q1 2026, up 7.26% on a QoQ basis from $6.6 million in Q4 2025, and up 3.52% year-over-year from $6.8 million in Q1 2025.

SKYX Platforms (SKYX) Research & Development (2022 - 2026) Analysis & Trends

SKYX Platforms' Research & Development history runs 5 years deep, the most recent figure standing at $7.1 million for Q1 2026.

  • Quarterly Research & Development rose 3.52% year-over-year to $7.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.9 million (up 1.12% YoY) and the FY2025 annual result came in at $25.7 million, up 1.37% from the prior year.
  • Research & Development was $7.1 million for Q1 2026 at SKYX Platforms, up from $6.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $7.1 million in Q1 2026 and bottomed at $993232.0 in Q3 2022.
  • A 5-year average of $5.5 million and a median of $6.3 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development surged 474.15% — and 2025, when it dropped 2.81%.
  • SKYX Platforms' Research & Development stood at $4.2 million in 2022, then jumped by 50.72% to $6.3 million in 2023, then rose by 0.33% to $6.3 million in 2024, then advanced by 4.95% to $6.6 million in 2025, then grew by 7.26% to $7.1 million in 2026.
  • Business Quant data shows SKYX's Research & Development at $7.1 million in Q1 2026, $6.6 million in Q4 2025, and $6.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Electrovaya 404.69 Bn 404.67 Bn 6.04 Mn 1.48 Mn
2 Vertiv Holdings 107.64 Bn 105.14 Bn 999.70 Mn -
3 Bloom Energy 51.10 Bn 48.61 Bn 225.54 Mn 56.85 Mn
4 Hubbell 25.78 Bn 25.27 Bn 505.30 Mn -
5 nVent Electric 23.67 Bn 23.48 Bn 445.60 Mn 22.70 Mn
6 Advanced Energy Industries 10.70 Bn 10.00 Bn 200.90 Mn 62.40 Mn
7 Acuity Inc. (De) 10.05 Bn 9.64 Bn 606.40 Mn -
8 Powell Industries 7.84 Bn 7.30 Bn 87.94 Mn 4.29 Mn
9 EnerSys 6.98 Bn 6.54 Bn 290.87 Mn -
10 SKYX Platforms 148.21 Mn 117.95 Mn 6.63 Mn 7.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.07 Mn
Dec 31, 2025 6.59 Mn
Sep 30, 2025 6.10 Mn
Jun 30, 2025 6.19 Mn
Mar 31, 2025 6.83 Mn
Dec 31, 2024 6.28 Mn
Sep 30, 2024 6.28 Mn
Jun 30, 2024 6.27 Mn
Mar 31, 2024 6.53 Mn
Dec 31, 2023 6.26 Mn
Sep 30, 2023 5.70 Mn
Jun 30, 2023 5.54 Mn
Mar 31, 2023 1.30 Mn
Dec 31, 2022 4.15 Mn
Sep 30, 2022 993,232.00