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Sky Harbour Group Corp (SKYH) stock

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NYSE: SKYH NYSE Real Estate Development Next results ~November 10, 2026

C Fundamentals grade

Sky Harbour Group Corp is a US-listed company in the real estate development industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Sky Harbour Group Corp is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling8 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds53 adding, 23 cuttingOf 7 active managers that changed their stake, 6 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Sky Harbour Group files

Where Sky Harbour stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $34m, up 62.2% on a year earlier, slower than the 70.9% growth a quarter earlier. That growth ranks 2 of 9 among the real estate development companies we cover. Free-cash-flow margin rose to -16.2% from -83.2% a year earlier. Operating margin widened to -80.8% from -117.5%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 0 of our 1 financial-health checks.

Our model value for Sky Harbour Group is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 12, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 10, 2026 (estimated)

Sky Harbour Group Corp's trailing-twelve-month revenue grew 62.2% year on year, with a free-cash-flow margin of -16.2%. Where it stands out: revenue growth of 62.2% ranks 2 of 12 real estate development companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 62.2% (-8.6pp vs the prior quarter), the 3rd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Fast growth. Revenue grew 62.2% over the last 12 months, against a median of 11.8% for real estate development companies we cover.
  • Margins widening. Operating margin is up 36.7 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.2bn.

Things to watch

  • Results due soon. Results are expected around 11 November; the share price can move sharply on the day.
  • Growth slowing. The growth rate is 8.6 points lower than a quarter earlier.
  • Loss-making. Operating margin is -80.8%: costs exceed revenue.
  • Burning cash. Free cash flow was -16.2% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 19.5% of revenue, against a median of 4.1% for real estate development companies we cover: a real cost that cash-flow figures leave out.
  • Weak cash conversion. Free cash flow was -593% of net income over the last 12 months.

Latest results: FY2026 Q2

Filed August 12, 2026
Earnings per share
-$0.04 against an average estimate of -$0.15: beat by 73.8%
Revenue
$10m, up 49.6% on a year earlier
Share reaction
-1.9% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Next report
November 10, 2026

Sky Harbour Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.4%
  • 1 week+6.4%
  • 1 month+9.0%
  • This year+12.9%
  • 1 year+2.5%
  • 5 years-0.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$33.9M
Operating margin
-80.8%
Net margin
2.7%

Growth

Revenue growth
+62.2%
Change in growth rate
−8.6 pts

Cash

Free cash flow (TTM)
-$5.5M
FCF margin
-16.2%
Stock pay % of revenue
19.5%

Earnings

Last results
August 12, 2026
Next results (est.)
November 11, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Announcement
  4. Agreement
  5. Results
  6. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Sky Harbour Group Corp as an operating company, with every model that fits that kind of business. Cost of equity 9%: the 10-year Treasury yield (4.9%) plus a beta of 0.91 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: the projected cash flows don't support a positive value
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$0.3 ~$0.2–$0.5 Left out: out of range vs price (0.03x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Sky Harbour Group Corp with Real Estate Development in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Sky Harbour Group Corp: market value and multiples by fiscal year
At fiscal year end 2022202320242025
Share price$2.66$9.66$11.93$8.97
Market value$111m$477m$921m$698m
+ Net debt (− = net cash)$121m$90m$68m$150m
Enterprise value$232m$567m$990m$848m
Multiples
Price / sales 60.4x63.0x62.4x25.3x
Price / earnings ———37.1x
Price / free cash flow ————
EV / EBITDA ————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

12 /100

Weak moat

How hard Sky Harbour Group's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -3.5% of total assets over 5 years.

  • Durability 10 / 20

    Operating margin has been a median -169.5%; its worst year was -863.0%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 5 years, at a median -83.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (17 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 10, 2026, after the close. Analysts expect revenue of $11m for the quarter.

Analysts' consensus

Sky Harbour Group Corp: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current −$0.40 −540% $41m +47%
Next −$0.29 +27% $68m +68%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −36.7% on 90 days ago. In the last 30 days, 6 analysts raised Sky Harbour Group Corp's forecast and 0 cut it.

Consensus EPS forecast Sky Harbour Group Corp, last 90 days
−$0.80 −$0.60 −$0.40 −$0.20 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.63 Current fiscal year, 60 days ago: −$0.58 Current fiscal year, 30 days ago: −$0.40 Current fiscal year, 7 days ago: −$0.40 Current fiscal year, Now: −$0.40 −$0.40 Next fiscal year, 90 days ago: −$0.21 Next fiscal year, 60 days ago: −$0.22 Next fiscal year, 30 days ago: −$0.29 Next fiscal year, 7 days ago: −$0.29 Next fiscal year, Now: −$0.29 −$0.29

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.63−$0.21
60 days ago −$0.58−$0.22
30 days ago −$0.40−$0.29
7 days ago −$0.40−$0.29
Now −$0.40−$0.29

Earnings against estimates

Sky Harbour Group Corp: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 −$0.15 −$0.04 +73.8%
Mar 2026 −$0.13 −$0.16 −20.0%
Dec 2025 −$0.14 $0.08 +159.3%
Sept 2025 −$0.11 −$0.06 +44.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

8 analysts, Oct 2026
Buy8100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026178
  2. Sep 2026178
  3. Aug 2026178
  4. Jul 2026178

Counts of recommendations published by analysts covering Sky Harbour Group Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.6%
of tradable shares
Days to cover
14.99
at average volume
Short interest, 1 month
−13%
to October 15, 2026
Held by institutions
30%
of shares
Held by insiders
30.7%
of shares
Employees
112
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +2.5%

$9.88 on October 31, 2025 to $10.13

Sky Harbour Group Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $21m $34m +62.2%
P/S multiple 24.3x 13.5x −44.7%
Share count 52m 45m +14.3%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Sky Harbour Group Corp: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
SKYH+1%−74%+263%+24%−25%+13%
Industry peers (median)+20%−25%+44%−1%−11%−8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SKYH75%25%50%67%33%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SKYH−9%−93%−53%−38%−39%−22%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since December 8, 2020: 93% from March 18, 2022 to December 19, 2022. Getting back needed a 1306% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$8.30 – $11.49
From 52-week high
−11.8%
vs 50-day average
+2.8%
vs 200-day average
+3.7%
Volatility (1 year)
36%
Beta vs S&P 500
0.97

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±5.0%
After a week
1 up, 11 down
typical move ±9.3%
After a month
4 up, 8 down
typical move ±18.6%
Sky Harbour Group Corp: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 −1.9% +0.9% −7.8% −10.7%
May 14, 2026 −8.1% −0.4% −7.0% −0.3%
March 19, 2026 −1.5% −1.7% 0.0% +14.4%
November 12, 2025 −0.3% −1.6% −10.1% −1.4%
August 12, 2025 −3.7% +1.4% −6.2% −7.4%
May 13, 2025 +3.2% +0.8% −4.4% −17.0%
March 27, 2025 +5.1% −2.3% −10.4% −16.3%
November 12, 2024 −2.5% −0.3% −1.6% +20.1%
August 13, 2024 +18.6% +2.0% +31.6% +50.8%
May 15, 2024 −10.9% +1.0% −16.4% −31.4%
March 27, 2024 −1.2% +0.8% −11.8% −30.6%
November 14, 2023 −3.3% +2.2% −4.7% +22.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Sky Harbour Group Corp in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Sky Harbour Group Corp
$0 $10M $20M $30M $40M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $5.9M Revenue (TTM), FY23 Q4: $7.6M Revenue (TTM), FY24 Q1: $8.9M Revenue (TTM), FY24 Q2: $10.8M Revenue (TTM), FY24 Q3: $12.4M Revenue (TTM), FY24 Q4: $14.8M Revenue (TTM), FY25 Q1: $18M Revenue (TTM), FY25 Q2: $20.9M Revenue (TTM), FY25 Q3: $24.1M Revenue (TTM), FY25 Q4: $27.5M Revenue (TTM), FY26 Q1: $30.7M Revenue (TTM), FY26 Q2: $33.9M $33.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $5.9M
FY23 Q4 $7.6M
FY24 Q1 $8.9M
FY24 Q2 $10.8M
FY24 Q3 $12.4M
FY24 Q4 $14.8M
FY25 Q1 $18M
FY25 Q2 $20.9M
FY25 Q3 $24.1M
FY25 Q4 $27.5M
FY26 Q1 $30.7M
FY26 Q2 $33.9M
Revenue growth, TTM YoY Sky Harbour Group Corp
0% 100% 200% 300% 400% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 265.2% Revenue growth, TTM YoY, FY23 Q4: 310.3% Revenue growth, TTM YoY, FY24 Q1: 247.1% Revenue growth, TTM YoY, FY24 Q2: 177.7% Revenue growth, TTM YoY, FY24 Q3: 107.8% Revenue growth, TTM YoY, FY24 Q4: 94.9% Revenue growth, TTM YoY, FY25 Q1: 102.3% Revenue growth, TTM YoY, FY25 Q2: 94.4% Revenue growth, TTM YoY, FY25 Q3: 95.2% Revenue growth, TTM YoY, FY25 Q4: 86.6% Revenue growth, TTM YoY, FY26 Q1: 70.9% Revenue growth, TTM YoY, FY26 Q2: 62.2% 62.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 265.2%
FY23 Q4 310.3%
FY24 Q1 247.1%
FY24 Q2 177.7%
FY24 Q3 107.8%
FY24 Q4 94.9%
FY25 Q1 102.3%
FY25 Q2 94.4%
FY25 Q3 95.2%
FY25 Q4 86.6%
FY26 Q1 70.9%
FY26 Q2 62.2%
Operating margin (TTM) Sky Harbour Group Corp
-300% -200% -100% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -268.1% Operating margin (TTM), FY23 Q4: -224.3% Operating margin (TTM), FY24 Q1: -197.6% Operating margin (TTM), FY24 Q2: -169.5% Operating margin (TTM), FY24 Q3: -159.5% Operating margin (TTM), FY24 Q4: -138.3% Operating margin (TTM), FY25 Q1: -122.6% Operating margin (TTM), FY25 Q2: -117.5% Operating margin (TTM), FY25 Q3: -113.6% Operating margin (TTM), FY25 Q4: -101.8% Operating margin (TTM), FY26 Q1: -91.9% Operating margin (TTM), FY26 Q2: -80.8% -80.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -268.1%
FY23 Q4 -224.3%
FY24 Q1 -197.6%
FY24 Q2 -169.5%
FY24 Q3 -159.5%
FY24 Q4 -138.3%
FY25 Q1 -122.6%
FY25 Q2 -117.5%
FY25 Q3 -113.6%
FY25 Q4 -101.8%
FY26 Q1 -91.9%
FY26 Q2 -80.8%
FCF margin (TTM) Sky Harbour Group Corp
-200% -150% -100% -50% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -159.3% FCF margin (TTM), FY23 Q4: -112.2% FCF margin (TTM), FY24 Q1: -96.1% FCF margin (TTM), FY24 Q2: -81.0% FCF margin (TTM), FY24 Q3: -77.7% FCF margin (TTM), FY24 Q4: -76.9% FCF margin (TTM), FY25 Q1: -84.3% FCF margin (TTM), FY25 Q2: -83.2% FCF margin (TTM), FY25 Q3: -74.6% FCF margin (TTM), FY25 Q4: -43.0% FCF margin (TTM), FY26 Q1: -28.9% FCF margin (TTM), FY26 Q2: -16.2% -16.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -159.3%
FY23 Q4 -112.2%
FY24 Q1 -96.1%
FY24 Q2 -81.0%
FY24 Q3 -77.7%
FY24 Q4 -76.9%
FY25 Q1 -84.3%
FY25 Q2 -83.2%
FY25 Q3 -74.6%
FY25 Q4 -43.0%
FY26 Q1 -28.9%
FY26 Q2 -16.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Sky Harbour Group Corp: annual financial statements
Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 2 2 8 15 28 34
EBITDA 4 −18 −15 −18 −22 −20
Operating income 3 −19 −17 −20 −28 −27
Net income −14 −3 −16 −45 19 1
Diluted EPS $0.00 −$0.08 −$0.33 −$0.59 $0.09 —
Growth (year on year)
Revenue — +16.9% +310.6% +94.9% +86.6% +62.2%
EBITDA — −563.5% — — — —
Operating income — −748.1% — — — —
Margins
EBITDA margin 248.3% −984.4% −194.3% −120.0% −78.6% −57.6%
Operating margin 184.4% <−999% −224.3% −138.3% −101.8% −80.8%
Net margin −862.5% −172.6% −213.6% −306.4% 68.3% 2.7%
Free-cash-flow margin −429.5% <−999% −112.2% −76.9% −43.0% −16.2%
Cash flow
Cash from operations −7 −27 −8 −9 −2 0
Capital spending 0 1 1 2 10 6
Free cash flow −7 −29 −9 −11 −12 −5
Stock-based pay 0 1 2 4 6 7
Free cash flow after stock pay −7 −30 −11 −15 −18 −12
Balance sheet
Cash 204 41 72 94 37 164
Total debt 162 162 162 163 187 187
Net debt (negative = net cash) −42 121 90 68 150 23
Diluted shares — 42m 49m 77m 78m —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 1 checks passed · June 30, 2026
  • Short-term assets cover short-term liabilities The company doesn't report a short-term split. Not assessable.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$27m against $4m of interest.

From Sky Harbour Group Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Competitors: side by side with peers

Closest by revenue in real estate development
Growth, margins and cash generation against peers
Last 12 months unless stated SKYH AXR LPA TRC MRNO MLP Median
Revenue, last 12 months $34m $41m $50m $57m $60m $16m $53m
Revenue growth, last 12 months 62.2% −15.3% 14.3% 25.4% 48.4% −4.1% 11.4%
Revenue growth, 3-year average 106.1% −5.3% — 8.1% — 19.4% 10.8%
Revenue growth, latest quarter 49.6% −66.1% — 71.7% — −19.6% 0.6%
Gross margin — 32.3% — 32.9% — — 32.9%
Operating margin −80.8% 14.8% 81.7% −0.9% — −36.3% −0.9%
Operating margin, 3-year average −122.6% 19.9% — −8.1% — −44.2% −26.1%
Net margin 2.7% 14.3% 20.9% 10.6% −24.8% −28.6% 6.3%
Cash from operations / revenue 0.7% −0.7% — 21.9% 8.1% 2.2% 2.2%
Free-cash-flow margin −16.2% −0.9% — 69.8% −17.1% −4.5% −4.5%
Free-cash-flow margin, 3-year average −60.1% 16.2% — −25.3% — −10.2% −17.7%
Stock pay / revenue 19.5% 1.1% 4.1% 2.5% — 24.3% 4.1%
Change in share count — 0.4% 2.4% 0.7% 3.1% −0.5% 0.7%

Median of all 12 companies we cover in real estate development. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 real estate development companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 62.2% 11.8% 2 of 12
Change in growth rate Growth -8.6pp -8.6pp 6 of 12
Operating margin Profitability -80.8% -0.9% 6 of 8
Net margin Profitability 2.7% 9.9% 7 of 12
Free-cash-flow margin Cash generation -16.2% -4.5% 7 of 11
Stock pay as % of revenue Cash generation 19.5% 4.1% 7 of 9
Long-term debt as % of assets Balance sheet 31.6% 24.1% 8 of 10

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$116M
Institutions reporting
87
Shares held vs prior quarter
▲ 15.7%
Positions opened / closed
13 / 7

Top buyers and sellers, Q2 2026: 53 institutions bought and 23 sold ; the biggest buyer was Oasis Management Co Ltd (+178K shares) and the biggest seller Bank Of America Corp (−140K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $22.6M 2.3M 19.5% ▲ 7.9%
Caprock Group, LLC $13M 1.3M 11.2% ▼ 2.5%
8Vc Opportunities Gp Ii, LLC $11.2M 1.1M 9.6% —
Vanguard Capital Management LLC $9.2M 936K 7.9% ▲ 0.8%
Altai Capital Management, L.P. $7M 715K 6.1% 0.0%
State Street Corp $6.5M 664K 5.6% ▲ 5.7%
Mariner, LLC $6.3M 641K 5.4% 0.0%
Geode Capital Management, LLC $5.5M 561K 4.8% ▲ 5.5%
Ayal Capital Advisors Ltd $4.2M 425K 3.6% 0.0%
Lawson Kroeker Investment Management Inc $2.8M 280K 2.4% ▲ 2.9%
Meixler Investment Management, Ltd. $2.7M 270K 2.3% ▼ 0.5%
Bank Of America Corp $2.3M 234K 2.0% ▼ 37.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Sky Harbour Group Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Gonzalez Francisco Chief Financial Officer October 2, 2026 Buy 3,850 $9.25 $35,612
Gonzalez Francisco Chief Financial Officer October 1, 2026 Buy 1,600 $9.40 $15,040
Gonzalez Francisco Chief Financial Officer September 30, 2026 Buy 1,500 $9.69 $14,535
Gonzalez Francisco Chief Financial Officer September 11, 2026 Buy 1,000 $10.08 $10,080
Gonzalez Francisco Chief Financial Officer August 18, 2026 Buy 1,000 $10.05 $10,050
Gessow Andrew J Director August 14, 2026 Buy 5,000 $10.85 $54,250
Gessow Andrew J Director May 20, 2026 Buy 5,000 $8.95 $44,750
Keinan Tal Chief Executive Officer May 18, 2026 Buy 100 $8.76 $876

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 11, 2026 estimated from the company's past filing pattern, not announced

  • August 12, 2026
  • May 14, 2026
  • March 19, 2026
  • November 12, 2025
  • August 12, 2025
  • May 13, 2025

Recent SEC filings

Data status

When each part of this page on Sky Harbour Group Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Sky Harbour Group Corp in brief

What does Sky Harbour Group Corp do?
Sky Harbour Group Corp is a US-listed company in the real estate development industry. Its financial year ends in December.
What is Sky Harbour Group Corp's stock ticker?
Sky Harbour Group Corp trades under the ticker SKYH on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Sky Harbour Group Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Sky Harbour Group Corp reported revenue of $33.9M, 62.2% higher than a year earlier, according to its SEC filings.
What is Sky Harbour Group Corp's free cash flow?
Sky Harbour Group Corp's free-cash-flow margin is -16.2% of revenue over the trailing twelve months, ranking 7 of the 11 real estate development companies we cover.
Who are Sky Harbour Group Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Caprock Group, LLC and 8Vc Opportunities Gp Ii, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Sky Harbour Group Corp's market cap?
On December 31, 2025, Sky Harbour Group Corp's market capitalisation was about $698M, with a price-to-earnings ratio of 37.1 and net debt of $150M. Market figures come from third-party market data and may be delayed.
Who are Sky Harbour Group Corp's competitors?
In our Real Estate Development peer group, the companies closest to Sky Harbour Group Corp are Amrep Corp., Logistic Properties Of The Americas, Tejon Ranch Co, Murano Global Investments plc and Maui Land & Pineapple Co Inc. The side-by-side comparison below sets their revenue, margins and growth against Sky Harbour Group Corp's.
Are insiders buying or selling Sky Harbour Group Corp stock?
Over the last 12 months, Sky Harbour Group Corp's directors and officers reported 8 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Sky Harbour Group Corp's next earnings date?
Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Sky Harbour Group Corp announces its own schedule.