earnings
confidence high
sentiment positive
materiality 0.65
Sky Harbour Q1 revs up 56% YoY; guides FY2026 annualized run-rate revs $42-46M
Sky Harbour Group Corp
2026-Q1 EPS reported
-$0.16
revenue$8,725,000
- Q1 consolidated revenues increased 56% YoY; constructed assets/CIP exceeded $350M, up $75M YoY.
- OPF Phase 2 opened May 11 with 68% occupancy at avg rent higher than OPF Phase 1 top tenant.
- Guides year-end 2026 annualized run-rate revs $42-46M (from $34.9M) and Adj. EBITDA $4-6M (from -$6.0M).
- Cash and US Treasuries $187.6M; $180.6M available on JPM construction facility.
- Stabilized campuses: economic occupancy 103%; ADS Phase 1 at 91%, DVT at 76%, APA at 44%.
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