earnings
confidence high
sentiment positive
materiality 0.75
Sky Harbour Q2 revenues up ~50% YoY; first positive operating cash flow; $40M equity raise at $10/share
Sky Harbour Group Corp
2026-Q2 EPS reported
-$0.20
revenue$18,580,000
- Q2 consolidated revenues up ~50% YoY and 13% QoQ; first quarter of positive operating cash flow at ~$0.5M.
- $40M registered direct placement at $10/share to Oasis Management and Bay Area tech investor; funds to add ~400k sq ft hangars.
- Cash and US Treasuries $206.9M; $130.2M undrawn under JPM facility; excludes $40M issuance proceeds.
- Reaffirmed FY2026 guidance: $42-46M annualized revenue run-rate and $4-6M Adjusted EBITDA by year-end.
- Obligated Group Q2 revenues up 79% YoY; net cash from ops $2.9M vs $2.2M prior year.