The earnings call presented a strong overall performance with significant revenue growth and improvements in cash flow. The introduction of a new bank debt facility and the success of pre-leasing efforts were additional highlights. However, these were slightly tempered by increased operating expenses and challenges related to ground lease expenses.
Company Guidance -
Q3 2025
During the Sky Harbour Second Quarter 2025 Earnings Call, CFO Francisco Gonzalez provided guidance on several key financial metrics. The company reported a significant 82% year-over-year increase in consolidated revenues, reaching $6.6 million for the quarter, with an 18% sequential growth. Assets under construction and completed construction were valued at nearly $300 million, driven by activity at new campuses in Phoenix, Dallas, and Denver. Cash flow used in operating activities improved markedly, standing at less than $1 million for the quarter, compared to $5 million in Q1. Sky Harbour reaffirmed its expectation to reach cash flow breakeven on a consolidated basis by the end of the year, with the anticipated leasing and cash flow from three new campuses projecting an annualized potential revenue of $14 million. Additionally, the company's wholly owned subsidiary, Sky Harbour Capital, reported a 20% sequential increase in revenues, with a positive cash flow from operations of $2.2 million for the quarter. The guidance highlighted the company's focus on scaling its construction efforts and leveraging its vertically integrated operations to enhance efficiency and profitability.
Significant Revenue Growth
Consolidated revenues increased by 82% year-over-year and 18% sequentially, reaching $6.6 million for the quarter due to the acquisition of Camarillo and higher revenues from existing campuses.
Improvement in Cash Flow
Cash flow used in operating activities improved to less than $1 million for the quarter, a significant improvement from the $5 million used in Q1.
Pre-Leasing Success
Sky Harbour initiated a pilot project to pre-lease hangars at campuses not yet begun construction, achieving initial success at Dulles International and Bradley International airports.
New Bank Debt Facility
Sky Harbour is pursuing a $200 million, 5-year tax-exempt warehouse bank debt facility with a floating rate expected to be approximately 5.47%.
Sky Harbour Group (SKYH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SKYH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 12, 2025
$10.95
$10.55
-3.65%
May 13, 2025
$11.94
$12.32
+3.18%
Mar 27, 2025
$12.87
$13.70
+6.45%
Nov 12, 2024
$11.55
$11.21
-2.94%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sky Harbour Group (SKYH) report earnings?
Sky Harbour Group (SKYH) is schdueled to report earning on Nov 07, 2025, Before Open (Confirmed).
What is Sky Harbour Group (SKYH) earnings time?
Sky Harbour Group (SKYH) earnings time is at Nov 07, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.