---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-022225"
form_type: "8-K"
ticker: "SKYX"
cik: "0001598981"
company_name: "SKYX Platforms Corp."
filed_at: "2026-05-11T20:10:16+00:00"
generated_at: "2026-05-11T22:22:46.037910+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SKYX reports record Q1 revenue of $22M (+10% YoY); gross margin improves to 30%.

## Summary
- Revenue $22M (record), +10% YoY from $20M in Q1 2025; 9th consecutive YoY growth quarter.
- Gross profit $7M (+16% YoY); gross margin 30% vs 28% in Q1 2025.
- Net loss per share $0.07 (vs $0.09); adjusted EBITDA loss per share $0.03 (vs $0.04).
- Cash $32M at quarter-end vs $10M at Dec 2025; management expects to become cash flow positive in 2026.
- Strategic partnership with Group OTT for European hotel deployments; first renovation at The Grand Hotel du Parc, France.

## SEC filing metadata
- accession: 0001493152-26-022225
- form_type: 8-K
- ticker: SKYX
- cik: 0001598981
- company_name: SKYX Platforms Corp.
- filed_at: 2026-05-11T20:10:16+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598981/000149315226022225/0001493152-26-022225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598981/000149315226022225/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-022225
- JSON: https://secwatch.observer/filing/0001493152-26-022225.json
- Plain text: https://secwatch.observer/filing/0001493152-26-022225.txt

## Key facts
- Earnings Releases
  SKYX Platforms Corp. reported the first quarter ended March 31, 2026 results: revenue $22 million, EPS $0.07 per share.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $22 million
  - EPS: $0.07 per share
  - Result: reported results
  source text: (EX-99.1) --- Exhibit 99.1 Earnings Press Release, dated May 11, 2026 SKYX Reports 9 Consecutive Quarters of Growth YoY with 10% Increase and Record Revenues in Q-1 2026 with $22 Million Compared to $20 Million in Q-1 2025 as It Continues to Grow Its Market Penetration SKYX Reports over $32 Million in Cash and Cash Equivalents as of March 31, 2026, Management
  evidence_url: https://www.sec.gov/Archives/edgar/data/1598981/000149315226022225/0001493152-26-022225-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.