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SKYX Platforms Corp. SKYX Accumulated Depreciation

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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

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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

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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

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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

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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:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

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 accumulated depreciation?
SKYX Platforms Corp. (SKYX) reported accumulated depreciation of $1.11M in Q1 2026.
What is the long-term trend for SKYX Platforms Corp.'s accumulated depreciation?
Over 4 years (2021 to 2025), SKYX Platforms Corp.'s accumulated depreciation has grown at a 26.0% compound annual growth rate (CAGR), from $388.32K to $977.49K.
What does accumulated depreciation mean?
Total accumulated depreciation on property, plant, and equipment since acquisition — represents the consumed portion of asset useful lives.