Sky Harbour Group Corporation (SKYH) Income Statement
SKYH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSKYH revenue and net income
Where SKYH's revenue goes
2025Each bar shows an amount and its share of revenue. SKYH kept 68.3% of revenue as net income.
SKYH profit margins
SKYH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +86.6% | +146.2% | +109.3% | — |
| Gross profit | −174.6% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SKYH quarterly EPS vs estimates
Sky Harbour beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 11, 2026 (estimate $-0.11).
SKYH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $27.5M | $14.8M | $7.6M | $1.8M | $0 | $685,596 | $0 |
| Cost of revenue | $31.8M | $9.1M | $7.2M | $5.7M | $5.0M | $1.9M | — |
| Gross profit | −$4.2M | $5.6M | $407,000 | −$3.9M | −$2.55B | −$1.3M | — |
| Research & development | — | — | — | $248,000 | — | — | — |
| Sales, general & admin | $6.6M | $19.4M | $15.1M | $14.7M | $3.0M | $837,336 | $993,505 |
| Total operating expenses | $23.8M | $26.1M | $17.4M | $14.7M | $3.2M | $837,336 | $1.6M |
| Operating income | −$28.0M | −$20.4M | −$17.0M | −$18.6M | −$9.3M | −$2.1M | −$1.6M |
| Interest expense | $1.4M | $715,000 | $541,000 | $4.8M | $5.9M | $395,698 | $198,496 |
| Income before taxes | $7.3M | −$53.7M | −$25.4M | −$13.7M | $2.9M | −$2.5M | −$1.8M |
| Income taxes | — | — | −$9.3M | −$15.3M | −$6.1M | $395,698 | $198,496 |
| Net income | $18.8M | −$45.2M | −$16.2M | −$3.2M | $9.0M | −$2.5M | −$2.0M |
| EBITDA | $14.7M | −$50.3M | −$22.6M | −$13.0M | −$3.3M | −$2.0M | −$1.6M |
| EPS (diluted) | $0.01 | −$2.08 | −$1.10 | −$0.21 | $0.06 | −$0.18 | — |
| Gross margin | −15.3% | 38.2% | 5.4% | −211.2% | — | −183.2% | — |
| Operating margin | −101.8% | −138.3% | −224.3% | −1,008.7% | — | −305.3% | — |
| Net margin | 68.3% | −306.4% | −213.6% | −172.6% | — | −369.9% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.9M | $8.7M | $8.1M | $7.3M | $6.6M | $5.6M | $4.6M | $4.1M | $3.6M | $2.4M | $2.2M | $2.5M |
| Cost of revenue | $10.2M | $9.6M | $969,000 | $8.1M | $4.5M | $4.2M | $6.0M | $2.6M | $4.0M | $2.7M | $2.6M | $1.7M |
| Gross profit | −$367,000 | −$923,000 | $7.1M | −$785,000 | $2.1M | $1.4M | $4.6M | $1.5M | −$363,000 | −$308,000 | −$379,000 | $827,000 |
| Sales, general & admin | $1.8M | $1.7M | $8.7M | $1.9M | $5.9M | $1.6M | $5.3M | $4.6M | $4.6M | $4.9M | $4.3M | $3.6M |
| Total operating expenses | $6.4M | $6.0M | $13.1M | $6.9M | $9.6M | $1.9M | $10.0M | $6.4M | $4.6M | $4.9M | $4.3M | $4.2M |
| Operating income | −$6.8M | −$7.0M | −$6.0M | −$7.7M | −$7.5M | −$530,000 | −$5.4M | −$4.9M | −$5.0M | −$5.2M | −$4.7M | −$3.4M |
| Interest expense | $1.3M | $1.3M | $451,000 | $280,000 | $133,000 | $138,000 | $157,000 | $177,000 | $187,000 | $194,000 | $225,000 | $234,000 |
| Income before taxes | −$4.4M | −$9.0M | $6.7M | −$4.7M | $14.4M | −$9.1M | −$15.9M | −$20.7M | $4.2M | −$21.2M | −$13.0M | −$2.0M |
| Income taxes | — | — | — | — | — | — | — | — | −$1.6M | −$2.3M | −$2.5M | −$1.5M |
| Net income | −$1.2M | −$5.6M | $9.6M | −$1.9M | $17.5M | −$6.4M | −$13.5M | −$18.6M | $5.8M | −$18.9M | −$10.6M | −$189,000 |
| EBITDA | −$4.7M | −$5.7M | $9.2M | −$2.6M | $16.0M | −$7.9M | −$15.0M | −$19.9M | $5.0M | −$20.4M | −$12.2M | −$1.1M |
| EPS (diluted) | −$0.15 | −$0.16 | $0.08 | −$0.06 | $0.18 | −$0.19 | −$0.62 | −$0.74 | $0.06 | −$0.78 | −$0.61 | −$0.01 |
| Gross margin | −3.7% | −10.6% | 88.0% | −10.8% | 31.8% | 24.2% | 100.0% | 37.6% | −10.0% | −12.8% | −16.9% | 33.1% |
| Operating margin | −68.7% | −79.9% | −74.4% | −105.2% | −114.3% | −9.5% | −115.6% | −118.7% | −137.0% | −217.3% | −208.4% | −135.9% |
| Net margin | −12.6% | −63.9% | 119.4% | −25.7% | 264.9% | −114.0% | −290.8% | −452.9% | 159.2% | −787.9% | −472.3% | −7.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SKYH's financial statements (latest annual report filed March 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SKYH financial results
In fiscal year 2025 (ended December 31, 2025), Sky Harbour reported revenue of $27.5 million, up 86.6% from the year before. It had net income of $18.8 million, a net profit margin of 68.3%. Diluted earnings per share came to $0.01. Over five years revenue grew at an average rate of 109.3% a year.
See the SKYH stock overview for the latest quote and news, or the SKYH chart for price history and technical indicators.
SKYH income statement FAQ
What is Sky Harbour's annual revenue?
Sky Harbour reported total revenue of $27.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 86.6% from $14.8 million the previous year.
Is Sky Harbour profitable?
Yes. Sky Harbour reported net income of $18.8 million in fiscal 2025, a net profit margin of 68.3%; its operating margin was −101.8%.
What is Sky Harbour's gross margin?
Sky Harbour's gross margin was −15.3% in fiscal 2025: for every $100 of revenue, Sky Harbour kept $-15 after the direct cost of its products and services.
How fast is Sky Harbour growing?
Revenue grew 109.3% a year on average over the last five fiscal years, from $0.7 million to $27.5 million.
What are Sky Harbour's earnings per share?
Sky Harbour earned $0.01 per diluted share in fiscal 2025, compared with $-2.08 a year earlier.
When will Sky Harbour report its next earnings?
Sky Harbour is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Sky Harbour's fiscal year end?
Sky Harbour's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 19, 2026.