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SKYX Platforms

(NASDAQ) SKYX

Current Price$1.23
Market Cap$158.69MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2016)-64%
5 Year-6%
1 Year+12%
1 Month+15%
SKYX Platforms last closing stock price
MetricPriceDate
Last closeUSD 1.182026-07-17
SKYX Platforms stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-7.09%USD 1.272026-07-10
1 month+14.56%USD 1.032026-06-17
3 month+0.85%USD 1.172026-04-17
Year to date-45.62%USD 2.172025-12-31
1 year+12.38%USD 1.052025-07-17
3 year-51.44%USD 2.432023-07-18
5 year-6.35%USD 1.262021-07-15
Since inception-64.24%USD 3.302016-08-05

SKYX Platforms Financials at a Glance

Market Cap

$158.69MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$93.99M

Net Income (TTM)

-$33.64M

EPS (TTM)

-$0.30

P/E Ratio

-3.92

Dividend

$0.00

Beta (Volatility)

-280.01 (Low)

Price

$1.23

Volume

40,709

Open

$1.18

Previous Close

$1.23

Daily Range

$1.17 - $1.25

52-Week Range

$0.95 - $3.29

Estimated Earnings Date

Aug 11, 2026

SKYX News

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SKYX Platforms Revenue Jumps 8% in Q2

Motley Fool Markets TeamAug 13, 2025
person looks disappointed play mobile game

The Troubling Reason Skyx Platforms Stock Plummeted Today

Jon QuastAug 9, 2022
frustrated investor computer paper hands on head

Once Up Over 200% in July, Skyx Platforms Stock Plunges to End the Month

Jon QuastJul 29, 2022
investor relaxing with feet up

Here's Why Skyx Platforms Stock Absolutely Skyrocketed Today

Jon QuastJul 28, 2022
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3 Nasdaq Stocks That Have Soared 132% to 1,278% This Year

Keith SpeightsMar 26, 2022

SKYX: Motley Fool Moneyball Superscore

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About SKYX Platforms

SKYX makes it easier and safer to install ceiling lights and fans. Its plug-and-play devices help homeowners and businesses avoid electrical risks. Smart features let users control lighting and fans from their phones or by voice.

Products and Services

  • Plug-and-play installation devices: Allow quick, tool-free installation of ceiling lights and fans; target homeowners, electricians, and builders. (Proprietary smart products: growing share, but majority of revenue still from e-commerce sales)
  • Smart home products: Include smart plugs, lighting, and ceiling fans controlled by app or voice; aimed at tech-savvy consumers and property managers.
  • Universal power-plug and receptacle: Standardized connectors for electrical fixtures; designed for both residential and commercial use.
  • E-commerce platform: Sells third-party lighting, fans, heaters, and home furnishings; main revenue driver, especially after the 2023 Belami acquisition.
  • SkyHome App: Central control for smart devices, compatible with major smart home systems; targets users seeking integrated home automation.

Growth and Expansion

  • Acquired Belami in 2023, adding about 60 e-commerce sites for home lighting and furnishings.
  • Launched Gen-2 smart products, including smart ceiling fans and lighting, in 2023.
  • Plans to launch Gen-3 Smart Sky Platform in 2026, integrating safety and connectivity features.
  • Expanded manufacturing partnerships in China and Southeast Asia; some suppliers relocating outside China since 2024.
  • Focused on U.S. Canada, and Mexico, with plans for Latin America, Europe, and Asia expansion.

What Makes SKYX Stand Out

SKYX holds over 100 patents for plug-and-play and smart home technologies. Its products are referenced in U.S. electrical codes, supporting industry adoption. The company’s open system design allows integration with other smart home brands.

Five Things You Need to Know

  • Revenue was $92.0 million in 2025, up 6.6% from 2024.
  • Gross profit for QQ3 2025 was $8 million, up 10.6% year-over-year.
  • Operating loss for QQ3 2025 was $7 million, improving 11.1% from 2024.
  • Cash used in operations was $13.3 million in 2025, improving from $18.3 million in 2024.

Bottom Line

SKYX has shifted from e-commerce resale to developing proprietary smart home products. The company’s focus on safety, integration, and innovation shapes its evolving role in the electrical equipment market.

AI Generated • Apr 16, 2026

Industry

Electrical Equipment

Sector

Industrials

Employees

73

CEO

Leonard Jay Sokolow, CPA

Website

www.skyplug.com

Headquarters

Pompano Beach, FL 33069, US

SKYX Financials

Key Financial Metrics (TTM)

Gross Margin

30.59%

Operating Margin

-31.45%

Net Income Margin

-35.79%

Return on Equity

-432.85%

Return on Capital

-77.09%

Return on Assets

-43.16%

Earnings Yield

-25.51%

Dividend Yield

0.00%

Payout Ratio

-3.14%

Stock Overview

Market Cap

$158.69MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

134.48M

Volume

40.71K

Avg. Volume

1.81M

Financials (TTM)

Gross Profit

$28.75M

Operating Income

-$29.56M

EBITDA

-$25.64M

Operating Cash Flow

-$14.98M

Capital Expenditure

-$1.61M

Free Cash Flow

-$16.59M

Cash & ST Invst.

$30.26M

Total Debt

$36.10M

SKYX Platforms Performance Analysis

SKYX Platforms annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 32,022-25.7%
20232023-12-31USD 58,785,762183479.3%
20242024-12-31USD 86,276,87646.8%
20252025-12-31USD 92,009,9496.6%
SKYX Platforms sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3014.7%
Q32025-09-303.6%
Q42025-12-314.4%
Q12026-03-31-11.4%
SKYX Platforms annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.40343.5%
20232023-12-31USD -0.4512.4%
20242024-12-31USD -0.36-19.8%
20252025-12-31USD -0.32-12.1%
SKYX Platforms sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-305.1%
Q32025-09-3017.6%
Q42025-12-31-8.0%
Q12026-03-317.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$22.09M

+9.8%

Gross Profit

$6.63M

+16.0%

Gross Margin

29.99%

N/A

Market Cap

$158.69MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.17M

N/A

Employees

73

N/A

Net Income

-$9.28M

-2.5%

EBITDA

-$8.03M

-19.7%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$30.26M

+220.5%

Total Debt

$36.10M

-7.3%

Accounts Receivable

$1.93M

-31.2%

Inventory

$3.30M

-10.4%

Long Term Debt

$31.85M

+12.7%

Short Term Debt

$4.25M

-60.2%

Return on Assets

-43.16%

N/A

Return on Invested Capital

-52.45%

N/A

Free Cash Flow

-$6.11M

-28.9%

Operating Cash Flow

-$6.01M

-39.1%

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Questions About SKYX

What is the current price of SKYX Platforms?

SKYX Platforms is trading at $1.23 per share.

What is the 52-week range for SKYX Platforms?

Over the past 52 weeks, SKYX Platforms has traded between $0.95 and $3.29.

How much debt does SKYX Platforms have?

As of the most recent reporting period, SKYX Platforms reported total debt of $37.28M.

How much cash does SKYX Platforms have on hand?

SKYX Platforms reported $30.26M in cash and cash equivalents in its most recent financial results.

What is SKYX Platforms’s dividend yield?

SKYX Platforms does not currently have a dividend yield.

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