SKYA revenueQ3 2026$0
- Quarter YoY
- -100.0%
SKYA revenue was $0 in fiscal Q3 2026 (ended Sep 30, 2026), down 100.0% from a year earlier. For the full fiscal 2025 it was $204.1K.
SkyAI Inc. (SKYA) financials
For the twelve months ended Sep 30, 2026, SkyAI Inc. reported $192.8K of revenue and -$207.25M of net income.
- Revenue, TTM
- $192.8K
- Net income, TTM
- -$207.25M
- Net margin
- -107506.6%
- Cash
- $7.48M
- P/S
- 661.79
- Market cap
- $127.6M
FY2021FY2025
FY2021FY2024
SKYA revenue and earnings growth
SKYA net incomeQ3 2026$84.93M
SKYA net income was $84.93M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$105.33M a year earlier. For the full fiscal 2025 it was -$282.50M, compared with -$9.30M in fiscal 2024.
SKYA EPSQ3 2026$1.18
SKYA diluted EPS was $1.18 in fiscal Q3 2026 (ended Sep 30, 2026). For the full fiscal 2025 it was -$11.16.
SKYA free cash flowQ3 2025-$6.22M
SKYA free cash flow was -$6.22M in fiscal Q3 2025 (ended Sep 30, 2025), compared with -$1.69M a year earlier. For the full fiscal 2024 it was -$4.54M, compared with -$9.21M in fiscal 2023.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $204.1K | - | - | - | - |
| Cost of revenue | $617.4K | - | - | - | - |
| Gross profit | -$413.3K | - | - | - | - |
| Research and development | $198.8K | $531.2K | $1.61M | $2.28M | $1.69M |
| Selling, general and admin | $16.05M | $5.04M | $8.52M | $6.46M | $2.81M |
| Operating income | -$269.74M | -$5.57M | -$10.13M | -$8.74M | -$4.50M |
| Interest expense | $416.7K | $1.66M | - | - | - |
| Pre-tax income | -$270.34M | -$5.23M | -$9.87M | -$4.64M | - |
| Income tax | - | -$30.0K | -$30.0K | - | - |
| Net income | -$282.50M | -$9.30M | -$9.84M | -$4.64M | -$4.66M |
| EPS, basic | -$11.16 | -$2219.92 | -$16.61 | -$12.54 | -$21.12 |
| EPS, diluted | -$11.16 | -$2219.92 | -$16.61 | -$12.54 | - |
| Diluted shares | 25.3M | 4,188 | 592,396 | 368,200.455 | - |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $10.38M | $754.8K | $3.01M | $4.17M | $1.48M |
| Inventory | $645.3K | $538.8K | $1.71M | $185.8K | $122.0K |
| Current assets | $18.88M | $3.17M | $4.84M | $4.42M | $1.61M |
| Total assets | $269.08M | $7.31M | $11.79M | $11.84M | $5.90M |
| Current liabilities | $4.70M | $5.19M | $3.69M | $2.01M | $2.77M |
| Short-term debt | $3.08M | - | - | - | - |
| Total liabilities | $4.70M | $5.32M | $3.85M | $2.20M | $2.77M |
| Shareholders' equity | $264.38M | $2.00M | $7.93M | $9.64M | $3.14M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$10.99M | -$4.40M | -$8.51M | -$6.43M | -$3.15M |
| Capital expenditures | - | $138.8K | $698.3K | $542.7K | $2.22M |
| Free cash flow | - | -$4.54M | -$9.21M | -$6.98M | -$5.37M |
| Investing cash flow | -$187.52M | -$1.00M | -$698.3K | -$3.12M | -$2.34M |
| Financing cash flow | $215.51M | $5.91M | $8.03M | $12.24M | $5.18M |
| Stock-based compensation | - | $520.8K | $963.0K | $1.01M | $1.20M |
| Depreciation and amortization | $132.5K | $37.5K | $882.2K | $654.6K | $28.7K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Gross margin | -202.5% | - | - | - | - |
| Operating margin | -132145.5% | - | - | - | - |
| Net margin | -138400.0% | - | - | - | - |
| Return on equity | -106.9% | -465.7% | -124.0% | -48.1% | -148.7% |
| Return on assets | -105.0% | -127.1% | -83.5% | -39.2% | -79.0% |
| Current ratio | 4.02 | 0.61 | 1.31 | 2.20 | 0.58 |
Income statement
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $192.8K | $0 | $68.0K | $136.1K | $0 | - | - | - | - | - |
| Cost of revenue | $0 | $284.2K | $202.6K | $397.6K | $71.3K | $148.6K | $0 | - | - | - | - | - |
| Gross profit | $0 | -$284.2K | -$9.8K | -$397.6K | -$3.2K | -$12.5K | $0 | - | - | - | - | - |
| Research and development | $626.8K | $283.2K | $137.1K | -$96.8K | $152.1K | $61.5K | $82.0K | $7.9K | $145.6K | $180.3K | $197.4K | $822.2K |
| Selling, general and admin | $2.60M | $5.16M | $5.05M | $6.18M | $7.10M | $1.41M | $1.36M | -$220.6K | $1.87M | $1.74M | $1.65M | $2.10M |
| Operating income | $84.85M | -$23.39M | -$86.27M | -$174.51M | -$92.43M | -$1.42M | -$1.36M | $212.8K | -$2.02M | -$1.92M | -$1.84M | -$2.92M |
| Interest expense | - | - | - | - | - | - | - | $664.6K | $90 | $1.00M | $0 | - |
| Pre-tax income | $84.93M | -$23.28M | -$86.24M | -$182.57M | -$95.54M | $5.14M | $2.63M | -$455.5K | -$1.69M | -$2.10M | -$982.4K | - |
| Net income | $84.93M | -$23.28M | -$86.24M | -$182.66M | -$105.33M | $3.56M | $1.93M | -$4.53M | -$1.69M | -$2.10M | -$982.4K | -$3.10M |
| EPS, basic | $1.18 | -$0.32 | -$1.19 | - | -$4.33 | $3.58 | $38.63 | - | -$1.27 | -$643.64 | -$347.50 | - |
| EPS, diluted | $1.18 | -$0.32 | -$1.19 | - | -$4.33 | $3.58 | $38.63 | - | -$379.55 | -$643.64 | -$347.50 | - |
| Diluted shares | 71.8M | 72.1M | 72.6M | - | 24.3M | 995,212 | 49,938 | - | 4,440 | 3,266 | 2,827 | - |
Balance sheet
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.48M | $12.07M | $12.32M | $10.38M | $10.52M | $8.32M | $11.89M | $754.8K | $2.47M | $1.48M | $1.17M | $3.01M |
| Receivables | - | - | - | - | - | $136.1K | - | - | - | - | - | - |
| Inventory | $173.5K | $173.5K | $457.7K | $645.3K | $745.3K | $1.63M | $2.06M | $538.8K | $2.02M | $1.89M | $1.84M | $1.71M |
| Current assets | $12.02M | $15.53M | $18.38M | $18.88M | $39.66M | $10.49M | $14.25M | $3.17M | $4.65M | $3.53M | $3.21M | $4.84M |
| Total assets | $243.95M | $160.35M | $181.00M | $269.08M | $443.96M | $17.09M | $18.92M | $7.31M | $11.25M | $9.93M | $9.80M | $11.79M |
| Current liabilities | $2.65M | $2.90M | $2.22M | $4.70M | $10.61M | $2.41M | $8.65M | $5.19M | $4.59M | $2.55M | $2.78M | $3.69M |
| Short-term debt | - | - | - | $3.08M | $7.63M | - | - | - | - | - | - | - |
| Total liabilities | $2.80M | $3.07M | $2.22M | $4.70M | $10.75M | $2.55M | $8.78M | $5.32M | $4.75M | $2.72M | $2.94M | $3.85M |
| Shareholders' equity | $241.16M | $157.28M | $178.78M | $264.38M | $433.21M | $14.54M | $10.14M | $2.00M | $6.51M | $7.22M | $6.86M | $7.93M |
Cash flow
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.47M | -$3.00M | -$2.68M | -$3.93M | -$4.78M | -$859.2K | -$1.42M | $770.7K | -$1.64M | -$1.64M | -$1.89M | -$2.36M |
| Capital expenditures | - | - | - | - | $1.44M | $1.87M | $90.4K | $69.1K | $50.3K | $16.5K | $2.9K | - |
| Free cash flow | - | - | - | - | -$6.22M | -$2.73M | -$1.51M | $701.6K | -$1.69M | -$1.66M | -$1.89M | - |
| Investing cash flow | -$19.9K | $3.17M | $9.29M | -$1.42M | -$184.14M | -$1.49M | -$473.7K | $69.7K | -$50.3K | -$1.02M | -$2.9K | -$266.9K |
| Financing cash flow | -$1.10M | -$423.1K | -$4.67M | $4.78M | $196.77M | $0 | $13.95M | $199.5K | $2.74M | $2.97M | $396 | $0 |
| Share repurchases | $1.10M | $422.7K | $1.59M | - | - | - | - | - | - | - | - | - |
| Stock-based compensation | $54.2K | $2.20M | $2.23M | - | $3.30M | $288.1K | $44.4K | $76.3K | $116.2K | $201.9K | $126.4K | $124.1K |
| Depreciation and amortization | $23.6K | $23.0K | $22.3K | -$32.8K | $55.1K | $55.1K | $55.1K | -$545.5K | $194.5K | $193.1K | $195.4K | $226.1K |
Key ratios
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -100.0% | -100.0% | - | - | - | - | - | - | - | - | - | - |
| Gross margin | - | - | -5.1% | - | -4.7% | -9.2% | - | - | - | - | - | - |
| Operating margin | - | - | -44748.4% | - | -135851.7% | -1046.2% | - | - | - | - | - | - |
| Net margin | - | - | -44734.5% | - | -154810.8% | 2615.6% | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | -9147.7% | -2005.1% | - | - | - | - | - | - |
| Current ratio | 4.54 | 5.35 | 8.28 | 4.02 | 3.74 | 4.35 | 1.65 | 0.61 | 1.01 | 1.38 | 1.15 | 1.31 |
Source: XBRL data SkyAI Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-22, first reported Nov 14, 2024.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
SKYA peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SKYA | $192.8K | - | -$207.25M | -107506.6% | $127.6M |
| SYK | $26.30B | +7.9% | $3.62B | 13.8% | $124.00B |
| MMM | $25.25B | +1.7% | $3.54B | 14.0% | $97.47B |
| BSX | $21.07B | +8.9% | $3.50B | 16.6% | $63.81B |
| BDX | $23.25B | +17.4% | $941.00M | 4.0% | $58.63B |
| MDLN | $30.68B | - | $683.00M | 2.2% | $53.55B |
| RMD | $5.73B | +9.0% | $1.59B | 27.8% | $33.16B |
| DXCM | $5.10B | +13.0% | $991.00M | 19.4% | $30.24B |
| WST | $3.40B | +12.6% | $638.90M | 18.8% | $28.78B |
SKYA FAQ
6 questionsWhat is SKYA revenue?
SkyAI Inc. (SKYA) reported $192.8K of revenue for the twelve months ended Sep 30, 2026. Revenue for fiscal 2025 was $204.1K.Is SKYA profitable?
No. SkyAI Inc. reported a net loss of $207.25M for the twelve months ended Sep 30, 2026.How much cash and debt does SKYA have?
SkyAI Inc. reported $7.48M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is SKYA gross margin?
SkyAI Inc.'s gross profit was -$691.6K on $192.8K of revenue for the twelve months ended Sep 30, 2026, a gross margin of -358.7%.When did SKYA last report financial results?
The latest statements here come from SkyAI Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.Where does this SKYA financial data come from?
Quantisnow builds these statements from the structured XBRL data SkyAI Inc. files with the SEC. It is provided for information only and is not investment advice.