AI Analysis
Log in to generate an AI summary for this stock.
Log in to generate a MOAT report for this stock.
Log in to generate an earnings report for this stock.
Log in to generate an operating leverage report for this stock.
Log in to generate a management report for this stock.
Log in to generate a valuation report for this stock.
SKYX Platforms Corp.
Video analysis: SKYX
All videosNo video analysis for this stock yet. Request one from our team.
News: SKYX
SKYX Platforms Corp. (SKYX) M&A Call Transcript
SKYX Platforms Corp. (SKYX) M&A Call Transcript
SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako, Aiming to Lead the Smart Home, Builder & Hotel Markets with Their Combined Platform Technologies
In the Past 5 Years Deako Has Shipped Over 32 million Units of Its Technologies Including Its Smart Home Plug-In Wall Switches, with Over $26M in Revenues in 2025 Deako is a Leading Technology Supplier to Over 50 U.S. Builders Including D.R.
SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako, Aiming to Lead the Smart Home, Builder & Hotel Markets with Their Combined Platform Technologies
In the Past 5 Years Deako Has Shipped Over 32 million Units of Its Technologies Including Its Smart Home Plug-In Wall Switches, with Over $26M in Revenues in 2025 Deako is a Leading Technology Supplier to Over 50 U.S. Builders Including D.R. Horton, Toll Brothers, Risewell Homes, Adams Homes, Maronda Homes, Shea Homes, Schumacher Homes, Among Others, and is Expected to Fast Track SKYX's Technologies to the Vast Builder Market Deako's Lead Investor and Board Member, Include Paul Jacobs, former Chairman and CEO of Qualcomm, and Board Member Marwan Fawaz, former CEO of Nest SKYX and Deako Management will Hold a Conference Call Today, September 10, 2026, at 8:30 a.m.
SKYX Platforms: Still Plugged In Despite The Delays
SKYX Platforms continues to show revenue acceleration, with H1 up 9.7% YoY, marking its 10th consecutive quarter of growth. Supply timelines for construction projects have slipped, and unit economics remain somewhat opaque, with derived revenue per unit ranging from $30-$100. Gross margins fell in Q2, and management's path to sustainable cash flow positivity by year-end remains unconvincing given current burn rates.
SKYX Platforms Corp. (SKYX) Q2 2026 Earnings Call Transcript
SKYX Platforms Corp. (SKYX) Q2 2026 Earnings Call Transcript
SKYX Platforms Q2 Earnings Call Highlights
SKYX Platforms NASDAQ: SKYX reported record second-quarter revenue of $25.3 million, up 14% sequentially from $22.1 million in the first quarter and 10% from $23 million a year earlier. Management said the result marked its 10th consecutive quarter of year-over-year growth, despite continued declines in the real estate and home décor markets.
SKYX Platforms Corp. (SKYX) Reports Q2 Loss, Tops Revenue Estimates
SKYX Platforms Corp. (SKYX) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.08 per share a year ago.
SKYX Reports 14% Growth and Record Sales of $25.3 Million in Q-2 2026 Compared to $22.1 Million in Q-1 2026 and 10 Consecutive Quarters of Growth YoY and as It Continues to Grow Its Market Penetration
SKYX Reports over $27.7 Million in Cash and Cash Equivalents as of June 30, 2026, Management Believes It Has Sufficient Cash to Achieve Its Goals Including Becoming Cash Flow Positive as It Exits 2026 39% Reduction in Cash Used in Operating Activities to $3.7 million in Q-2 of 2026 from $6.
Similar companies
-
FuelCell Energy, Inc.
FCEL
·
NASDAQ
Compare
-
Novonix Limited
NVX
·
NASDAQ
Compare
-
Outdoor Holding Company
POWW
·
NASDAQ
Compare
-
SEACOR Marine Holdings Inc.
SMHI
·
New York Stock Exchange
Compare
-
Alta Equipment Group Inc.
ALTG
·
New York Stock Exchange
Compare
-
Freightos Limited Ordinary shares
CRGO
·
NASDAQ
Compare