Skyx Platforms Corp. income statement
In fiscal 2025, Skyx Platforms Corp. reported revenue of $92.0m, up 6.6% on the year before, operating income of −$29.1m (a -31.6% margin) and net income of −$33.4m, or −$0.32 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 3 | 7 | 8 | 0 | 0 | 59 | 86 | 92 | 96 |
| Cost of revenue | — | — | — | — | 0 | 0 | 41 | 62 | 64 | 67 |
| Gross profit | 0 | 0 | 1 | 1 | −0 | 0 | 18 | 25 | 28 | 29 |
| Selling, general and administrative | — | — | — | — | 5 | 26 | — | — | — | — |
| Selling and marketing | — | — | — | — | — | — | 19 | 25 | 26 | 27 |
| General and administrative | 5 | 5 | 4 | 5 | — | — | 37 | 31 | 31 | 32 |
| Operating income | — | — | — | — | −5 | −27 | −38 | −32 | −29 | −29 |
| Interest expense | 2 | 3 | 1 | 0 | 1 | 1 | 3 | 4 | 4 | 4 |
| Income tax | — | — | 0 | 0 | — | 0 | 0 | 0 | 0 | — |
| Net income | −7 | −27 | −98 | −27 | −6 | −27 | −40 | −36 | −33 | −33 |
| Diluted EPS | −$0.22 | −$0.76 | −$2.60 | −$0.55 | — | −$0.40 | −$0.45 | −$0.36 | −$0.32 | −$0.27 |
| Diluted shares (average) | — | — | — | — | 65m | 79m | 88m | 100m | 109m | 122m |
| EBITDA | — | — | — | — | −5 | −26 | −35 | −28 | −25 | −25 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 24 | 20 | 23 | 24 | 25 | 22 | 25 |
| Cost of revenue | 15 | 18 | 14 | 16 | 16 | 17 | 15 | 18 |
| Gross profit | 7 | 6 | 6 | 7 | 8 | 8 | 7 | 7 |
| Selling and marketing | 6 | 6 | 7 | 6 | 6 | 7 | 7 | 7 |
| General and administrative | 8 | 9 | 7 | 8 | 8 | 8 | 8 | 8 |
| Operating income | −8 | −9 | −8 | −8 | −7 | −7 | −8 | −7 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net income | −9 | −10 | −9 | −9 | −8 | −8 | −9 | −8 |
| Diluted EPS | −$0.08 | −$0.11 | −$0.09 | −$0.08 | −$0.07 | −$0.08 | −$0.07 | −$0.06 |
| EBITDA | −7 | −8 | −7 | −6 | −5 | −6 | −7 | −6 |
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