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SKYX Platforms Corp. logo

SKYX Platforms Corp.

SKYX

NASDAQIndustrialsElectrical Equipment & Parts

Open in GoAI

Regular session

$1.145

−$0.005 · -0.43%

Aug 24, 12:28 PM ET

SKYX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

67

Undervalued

Momentum

44

Neutral

Sentiment

51

Mixed

Risk resilience

22

High Risk

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Company profile

Company website

SKYX Platforms Corp. is dedicated to developing intelligent and secure platform technologies. Their initial product line simplifies the installation of items like light fixtures, ceiling fans, and other electrical devices, enabling them to easily plug into a ceiling's existing electrical outlet box. Furthermore, the company offers a more advanced, second-generation platform designed to significantly improve the safety and enhance the lifestyle experience in both homes and other buildings. SKYX's product offerings include various power-plugs, universal power-plug and receptacle systems, and a range of smart devices. Established in 2004, the company was formerly known as SQL Technologies Corp. before officially changing its name to SKYX Platforms Corp. in June 2022. Its operations are based in Pompano Beach, Florida.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
US
CEO
Leonard Jay Sokolow Econ.
Listed since
Feb 10, 2022
Employees
73

Market position

Day range

Current $1.145

52-week range

Current $1.145

Open
$1.15
Previous close
$1.15
Volume
314.49K
0.2× average
Average volume
1.56M
Average daily volume
Market cap
153.98M USD
Beta
2.06
Market reference 1
50-day average
$1.1295
+1.37% above average
200-day average
$1.5971
-28.31% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
265.3M USD
EV / EBITDA
-10.6×
Earnings yield
-14.16%
Free cash flow yield
-6.45%

Profitability & efficiency

Return on equity
-8118.19%
Return on assets
-57.90%
Return on invested capital
-75.98%

Financial health

Current ratio
0.63×
Altman Z-score
-2.63
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends8499%-25333%-59166%-92998%Gross margin, FY2021: -246.30%Gross margin, FY2022: 40.94%Gross margin, FY2023: 30.68%Gross margin, FY2024: 28.51%Gross margin, FY2025: 30.25%Operating margin, FY2021: -12034.80%Operating margin, FY2022: -83146.53%Operating margin, FY2023: -64.34%Operating margin, FY2024: -37.22%Operating margin, FY2025: -31.64%Net margin, FY2021: -13292.85%Net margin, FY2022: -84539.95%Net margin, FY2023: -67.59%Net margin, FY2024: -41.46%Net margin, FY2025: -36.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -246.30%. Gross margin FY2022 40.94%. Gross margin FY2023 30.68%. Gross margin FY2024 28.51%. Gross margin FY2025 30.25%. Operating margin FY2021 -12034.80%. Operating margin FY2022 -83146.53%. Operating margin FY2023 -64.34%. Operating margin FY2024 -37.22%. Operating margin FY2025 -31.64%. Net margin FY2021 -13292.85%. Net margin FY2022 -84539.95%. Net margin FY2023 -67.59%. Net margin FY2024 -41.46%. Net margin FY2025 -36.32%.

Income trends

Revenue

92.01M USD+6.64%

Operating income

−29.11M USD+9.34%

Net income

−33.42M USD+6.58%
Income trends across reported periods105.18M USD52.49M USD−209.87K USD−52.91M USDRevenue, FY2021: 43.11K USDRevenue, FY2022: 32.02K USDRevenue, FY2023: 58.79M USDRevenue, FY2024: 86.28M USDRevenue, FY2025: 92.01M USDOperating income, FY2021: −5.19M USDOperating income, FY2022: −26.63M USDOperating income, FY2023: −37.83M USDOperating income, FY2024: −32.11M USDOperating income, FY2025: −29.11M USDNet income, FY2021: −5.73M USDNet income, FY2022: −27.07M USDNet income, FY2023: −39.73M USDNet income, FY2024: −35.77M USDNet income, FY2025: −33.42M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 43.11K USD. Revenue FY2022 32.02K USD. Revenue FY2023 58.79M USD. Revenue FY2024 86.28M USD. Revenue FY2025 92.01M USD. Operating income FY2021 −5.19M USD. Operating income FY2022 −26.63M USD. Operating income FY2023 −37.83M USD. Operating income FY2024 −32.11M USD. Operating income FY2025 −29.11M USD. Net income FY2021 −5.73M USD. Net income FY2022 −27.07M USD. Net income FY2023 −39.73M USD. Net income FY2024 −35.77M USD. Net income FY2025 −33.42M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue92.01M USD86.28M USD58.79M USD32.02K USD43.11K USD
Cost of goods sold64.17M USD61.68M USD40.75M USD18.91K USD149.29K USD
Gross profit27.84M USD24.59M USD18.04M USD13.11K USD−106.18K USD
Selling, general, and administrative56.95M USD56.71M USD55.86M USD26.64M USD5.08M USD
Operating expenses56.95M USD56.71M USD55.86M USD26.64M USD5.08M USD
Interest income——451.7K USD—36 USD
Interest expense4.3M USD4.06M USD3.56M USD589.01K USD560.42K USD
Depreciation and amortization4.09M USD4.07M USD1.02M USD698.38K USD84.29K USD
Operating income−29.11M USD−32.11M USD−37.83M USD−26.63M USD−5.19M USD
Net income−33.42M USD−35.77M USD−39.73M USD−27.07M USD−5.73M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 5 misses, 2 met estimates
Average EPS surprise
-8.17%
11 comparable reports
Latest EPS result
-0.06
Estimate -0.05 · Miss by 10.52%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.04-0.08-0.11-0.15Q1 '25MissQ2 '25BeatQ3 '25MetQ4 '25BeatQ1 '26MissQ2 '26MetQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 24, 2025: actual -0.11, estimate -0.08, surprise -37.50%, Miss. Q2 2025, reported May 14, 2025: actual -0.09, estimate -0.1, surprise +10.00%, Beat. Q3 2025, reported Aug 12, 2025: actual -0.08, estimate -0.08, surprise 0.00%, Met estimate. Q4 2025, reported Nov 12, 2025: actual -0.07, estimate -0.08, surprise +12.50%, Beat. Q1 2026, reported Mar 26, 2026: actual -0.07, estimate -0.06, surprise -16.67%, Miss. Q2 2026, reported May 11, 2026: actual -0.07, estimate -0.07, surprise 0.00%, Met estimate. Q3 2026, reported Aug 12, 2026: actual -0.06, estimate -0.054, surprise -10.52%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates28.73M25.49M22.25M19.01MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 24, 2025: actual 23.68M USD, estimate 20.25M USD, surprise +16.96%, Beat. Q2 2025, reported May 14, 2025: actual 20.11M USD, estimate 20.25M USD, surprise -0.67%, Miss. Q3 2025, reported Aug 12, 2025: actual 23.06M USD, estimate 26.7M USD, surprise -13.63%, Miss. Q4 2025, reported Nov 12, 2025: actual 23.89M USD, estimate 25.12M USD, surprise -4.88%, Miss. Q1 2026, reported Mar 26, 2026: actual 25M USD, estimate 25.35M USD, surprise -1.38%, Miss. Q2 2026, reported May 11, 2026: actual 22M USD, estimate 21.98M USD, surprise +0.08%, Beat. Q3 2026, reported Aug 12, 2026: actual 25.3M USD, estimate 24.07M USD, surprise +5.13%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 27.62M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy4100%
Hold00%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
Lake StreetmaintainBuy
Roth CapitalmaintainBuy

SKYX news

seekingalpha.com

SKYX Platforms Corp. (SKYX) Q2 2026 Earnings Call Transcript

SKYX Platforms Corp. (SKYX) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

SKYX Platforms Q2 Earnings Call Highlights

SKYX Platforms NASDAQ: SKYX reported record second-quarter revenue of $25.3 million, up 14% sequentially from $22.1 million in the first quarter and 10% from $23 million a year earlier. Management said the result marked…

Read source
zacks.com

SKYX Platforms Corp. (SKYX) Reports Q2 Loss, Tops Revenue Estimates

SKYX Platforms Corp. (SKYX) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.08 per share a year ago.

Read source
prismmediawire.com

SKYX Reports 14% Growth and Record Sales of $25.3 Million in Q-2 2026 Compared to $22.1 Million in Q-1 2026 and 10 Consecutive Quarters of Growth YoY and as It Continues to Grow Its Market Penetration

SKYX Reports over $27.7 Million in Cash and Cash Equivalents as of June 30, 2026, Management Believes It Has Sufficient Cash to Achieve Its Goals Including Becoming Cash Flow Positive as It Exits 2026 39% Reduction in…

Read source
globenewswire.com

SKYX Reports 14% Growth and Record Sales of $25.3 Million in Q-2 2026 Compared to $22.1 Million in Q-1 2026 and 10 Consecutive Quarters of Growth YoY and as It Continues to Grow Its Market Penetration

SKYX Reports over $27.7 Million in Cash and Cash Equivalents as of June 30, 2026, Management Believes It Has Sufficient Cash to Achieve Its Goals Including Becoming Cash Flow Positive as It Exits 2026 39% Reduction in…

Read source
prismmediawire.com

SKYX Announces Corporate Update Call

Company to Provide Corporate Update and Second Quarter 2026 Overview and Financial Results; Conference Call to be Held on Wednesday, August 12, 2026, at 4:30 p.m. Eastern Time MIAMI, August 10, 2026 – PRISM MediaWire…

Read source

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ETFs holding SKYX

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
3.19M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.72-0.14%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
1.14M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.78-0.71%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
373.15K
Weight
0.02%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$197.26-0.44%
Invesco NASDAQ Future Gen 200 ETF logoInvesco NASDAQ Future Gen 200 ETFQQQS
Market value
113.94K
Weight
0.50%
AUM
22.98M USD
Expense ratio
0.20%
Price / 1D
$44.55-1.18%

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