SKYX Platforms Corp. (SKYX)
| Market Cap | 139.95M |
| Revenue (ttm) | 92.01M |
| Net Income (ttm) | -34.47M |
| Shares Out | 133.28M |
| EPS (ttm) | -0.32 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 829,166 |
| Open | 1.030 |
| Previous Close | 1.020 |
| Day's Range | 1.000 - 1.060 |
| 52-Week Range | 0.960 - 3.290 |
| Beta | -3,731.63 |
| Analysts | Strong Buy |
| Price Target | 5.00 (+376.19%) |
| Earnings Date | May 13, 2026 |
About SKYX
SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. Its first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. The company also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform... [Read more]
Financial Performance
In 2025, SKYX Platforms's revenue was $92.01 million, an increase of 6.64% compared to the previous year's $86.28 million. Losses were -$34.47 million, -4.19% less than in 2024.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SKYX stock is "Strong Buy." The 12-month stock price target is $5.0, which is an increase of 376.19% from the latest price.
News
SKYX Platforms Earnings Call Transcript: Q4 2025
Record annual revenue and gross profit growth achieved despite industry headwinds, with improved gross margins and reduced operating cash use. Expansion in smart home, hotel, and builder segments, plus new product launches and AI-driven initiatives, position the company for further growth and a path to cash flow positivity.
SKYX Reports Another Record Quarter with Revenue of $25 Million in Q-4 Demonstrating 8 Consecutive Quarters of Year Over Year Growth with Annual Record Revenue of $92 Million in 2025 Compared to $86 Million in 2024 as it Continues to Grow its Market Penetration
Gross Profit Increased to $28 Million in 2025 Compared to $25 Million in 2024, Representing a $3 Million (13%) Increase in Gross Profit Operating Cash Used in 2025 Amounted to $13 Million Compared to ...
SKYX Platforms Transcript: Sidoti March Small-Cap Virtual Conference
A smart home platform with AI integration and rapid installation is driving industry adoption, regulatory code changes, and strong sales growth. Mandatory code adoption and insurance incentives could accelerate global uptake, while new products and data monetization offer future revenue streams.
SKYX Platforms to Present Tomorrow, Wednesday, December 3, 2025, at 4:00 p.m. ET at NobleCon21, Showcasing its Advanced-Safe-Smart Technology Platform
Miami, Florida--(Newsfile Corp. - December 2, 2025) - SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive platform technology company with over...
SKYX Platforms Earnings Call Transcript: Q3 2025
Record Q3 2025 revenue and gross margin growth were driven by expanding smart home deployments and new product launches. Major B2B and international projects are set to accelerate growth in 2026, with AI-driven e-commerce upgrades expected to boost sales.
SKYX Signs Agreement with Prominent U.S. and International Real Estate Developers Global Ventures Group to Deploy its Advanced Smart Home Technologies to Buildings and Hotels in Middle East Projects Including Saudi Arabia and Egypt
SKYX Signs Agreement with Prominent U.S. and International Real Estate Developers Global Ventures Group to Deploy its Advanced Smart Home Technologies
SKYX to Present at the LD Micro Main Event XIX
Presentation on Monday, October 20th at 9:30 AM PT Miami, Florida--(Newsfile Corp. - October 16, 2025) - SKYX Platforms Corp. (NASDAQ: SKYX), a highly disruptive platform technology company with over ...
SKYX Platforms Transcript: Noble Capital Markets Emerging Growth Virtual Investor Conference
Three generations of patented plug-and-play smart home products are driving rapid adoption in residential, commercial, and hospitality markets, supported by regulatory approvals and major partnerships. The Miami Smart City project and a Q4 product launch are expected to boost revenue and accelerate cash flow.
SKYX Platforms Transcript: Lytham Partners Fall 2025 Investor Conference
SKYX Platforms presented its advanced plug-and-play smart home technologies, highlighting regulatory approvals, major partnerships, and adoption in large-scale projects like the Miami smart city. The company expects strong growth with new product launches and expanded market reach.
SKYX Platforms Transcript: IAccess Alpha Virtual Best Ideas Fall Conference 2025
The presentation highlighted strong leadership, strategic partnerships, and regulatory achievements that position the company for significant growth. Product innovation, especially in smart home and modular markets, and expanding collaborations are expected to drive revenue and margin improvements into 2026.
SKYX Platforms Earnings Call Transcript: Q2 2025
Q2 2025 revenue rose 15% sequentially to $23.1M, with gross margin up to 30.3% and net cash used in operations down 54%. Major milestones include a $3B Miami smart city project, new patents, and strong retail and e-commerce expansion.
SKYX Updates Time of Corporate Update Call to 4:30 PM ET on August 12, 2025
Company to Provide Corporate Updates Including New Developments, Second Quarter 2025 Overview and Financial Results; Conference Call to be Held Tuesday, August 12, 2025, at 4:30 PM Eastern Time Time o...
SKYX Platforms Transcript: IAccess Alpha Virtual Best Ideas Summer Investment Conference 2025
Highlighted by regulatory breakthroughs and strong patent protection, the company is scaling its smart home platform with major partnerships, rapid sales growth, and a landmark Miami smart city project. New products and standards position it for further expansion and profitability.
PRISM MarketView Features SKYX Platforms Corp. Following Major Miami Project Win and Russell Index Inclusion
Company to Deploy Over 500,000 Smart Home Units in $3 Billion Development; Joins Russell 2000® and 3000® Indexes NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- PRISM MarketView, an investor-focused platfo...
SKYX Platforms Earnings Call Transcript: Q1 2025
First-quarter 2025 revenue grew 6% year-over-year to $20.1 million, with improved gross margin and reduced losses. Strategic financing and a new U.S. manufacturing partnership support growth, while progress continues on safety code standardization and product expansion.
SKYX Platforms Transcript: Planet MicroCap Showcase: VEGAS 2025
A disruptive ceiling fixture technology is rapidly gaining market traction, supported by strong industry partnerships, regulatory approvals, and a robust patent portfolio. With significant revenue growth and a large untapped market, the company is positioned for further expansion and potential mandatory adoption in the U.S.
SKYX Platforms Transcript: Lytham Partners 2025 Industrials & Basic Materials Investor Summit
A patented plug-and-play ceiling fixture system is driving safety and efficiency, with regulatory progress toward mandatory adoption and a multi-channel sales strategy. Product expansion, licensing, and strategic partnerships position the platform for rapid growth and global reach.
SKYX Platforms Earnings Call Transcript: Q4 2024
Revenue grew 48% to $86.3M in 2024, with strong smart home product sales and improved gross profit. Cash flow positivity is targeted for H2 2025, supported by new partnerships, leadership hires, and expanded builder and retail channels.
SKYX to Present at LD Micro Summit Today February 4, 2025
MIAMI, Feb. 04, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive smart platform technology company with over 97 issued and pending patents ...
SKYX Platforms Earnings Call Transcript: Q3 2024
Record Q3 2024 revenue of $22.2M and gross profit of $6.8M were achieved, with gross margin rising to 30.9%. Cash use in operations fell 39% sequentially, and an $11M equity raise was completed. Product and channel expansion, plus major collaborations, support a positive 2025 outlook.
Company to Provide Corporate Updates Including New Developments and Third Quarter 2024 Financial Results; Conference Call to be Held on Tuesday November 12, 2024 at 4:30 PM Eastern Time
MIAMI, Nov. 08, 2024 (GLOBE NEWSWIRE) -- SKYX (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive smart platform technology company with over 97 issued and pending patents in the U.S. and ...
SKYX Secures $11 Million Strategic Investment at $2.00 Per Share, Preferred Stock Convertible, Led by Global Marriott Hotel-Chain Developer, Lance Shaner, Owner of over 60 Hotels, Primarily Marriotts
SKYX Secures $11 Million Strategic Investment at $2.00 Per Share, Preferred Stock Convertible, Led by Global Marriott Hotel-Chain Developer, Lance Shaner
SKYX Platforms Transcript: Lytham Partners Fall 2024 Investor Conference
Leadership with Fortune 100 experience is driving rapid growth in smart home technology, with patented plug-and-play solutions recognized by major safety codes. Strategic partnerships and a multi-channel approach support expansion, with $58M revenue in 2023 and plans for global standardization.
SKYX to Collaborate with EGLO, European World Leading Design and Manufacturer of Decorative Lighting and Ceiling Fans
MIAMI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive smart platform technology company with more than 9...
SKYX Platforms Earnings Call Transcript: Q2 2024
Record Q2 2024 revenue of $21.4M marked a 43% year-over-year increase, driven by smart product sales and strategic partnerships with Home Depot, GE, and Rui Appliances. Gross margin improved to 30.7%, and the company targets cash flow positivity in 2025.