SKYX reports record Q2 2026 revenue of $25.3M, up 14% QoQ; net loss improves to $8.2M

SKYX Platforms Corp.

Q2 2026 revenue $25.3M, up 14% vs Q1 2026 ($22.1M) and 10% vs Q2 2025 ($23.1M); 10th consecutive YoY growth quarter.
Net loss narrowed to $8.2M ($0.06/share) vs $8.8M ($0.08/share) in Q2 2025; adjusted EBITDA loss $3.5M vs $3.9M in Q1.
Cash and equivalents $27.7M at June 30, 2026, up from $10.1M at Dec 31, 2025; raised $29M in straight equity ($25M at $2.50, $4M at $2.00).
Cash used in operating activities down 39% to $3.7M in Q2 from $6.0M in Q1; interest-bearing debt reduced by $2.0M.
Gross profit Q2 $7.3M (+4% YoY); H1 2026 revenue $47.4M (+10% YoY) and gross profit $13.9M (+10%).

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