What is SKYX Platforms Corp.'s net income?

SKYX Platforms Corp. (SKYX) reported net income of -$9.28M in Q1 2026.

How has SKYX Platforms Corp.'s net income changed year-over-year?

SKYX Platforms Corp.'s net income decreased by 2.5% year-over-year, from -$9.05M to -$9.28M.

What is the long-term trend for SKYX Platforms Corp.'s net income?

Over 4 years (2021 to 2025), SKYX Platforms Corp.'s net income has grown at a 55.4% compound annual growth rate (CAGR), from -$5.73M to -$33.42M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

SKYX Platforms Corp. SKYX Net Income

Net Income at other companies

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$1.63B-0.8%

Home DepotHD

$3.29B-4.2%

WayfairW

-$105M+7.1%

ADTADT

$168.37M+20.1%

Acuity BrandsAYI

$141M+43.3%

Hour Loop, Inc.HOUR

$823.48K+25.8%

Segments

By segment

See full

Advanced Safe Smart Technologies And Related Products-$9.28M-2.5%

Other financials

Income statement

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Revenue$22.1M+9.8%

Gross profit$6.6M+16.0%

Operating income-$8.2M-5.8%

Net income-$9.3M-2.5%

EPS (diluted)-$0.07+22.2%

Balance sheet

See full

Cash & equivalents$32.3M+242%

Total debt$39.9M+77.1%

Total equity$18.8M+2,706%

Total assets$77.9M+23.4%

Cash flow

See full

Operating cash flow-$6.0M-39.1%

CapEx$94.0K-77.3%

Free cash flow-$6.1M-28.9%

Valuation

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Market cap$139.86M+3.0%

Enterprise value$147.45M-14.6%

P/S1.5×0.0×

Profitability

See full

Gross margin30.6%+2.3pp

Operating margin-31.5%-3.2pp

Net margin-35.8%-3.5pp

FCF margin-17.7%-2.1pp

Returns & leverage

See full

Return on equity-717.7%-1,447pp

Debt / equity2.1×—

Current ratio1.7×+1.1×

Where this comes from

Reported directly by SKYX Platforms Corp. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: SKYX Platforms Corp.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SKYX Platforms Corp.'s net income?: SKYX Platforms Corp. (SKYX) reported net income of -$9.28M in Q1 2026.
How has SKYX Platforms Corp.'s net income changed year-over-year?: SKYX Platforms Corp.'s net income decreased by 2.5% year-over-year, from -$9.05M to -$9.28M.
What is the long-term trend for SKYX Platforms Corp.'s net income?: Over 4 years (2021 to 2025), SKYX Platforms Corp.'s net income has grown at a 55.4% compound annual growth rate (CAGR), from -$5.73M to -$33.42M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.