The earnings call highlighted significant revenue and profit growth, successful patent acquisitions, and a major collaboration on a smart city project. However, challenges remain in achieving cash flow positivity and the dependency on code standardization. Overall, the positive aspects seem to outweigh the challenges.

Company Guidance

During the second quarter of 2025, SKYX Platforms Corp. reported a 15% increase in revenue compared to the previous quarter, reaching $23.1 million. The company experienced a significant increase in gross profit by 23%, resulting in a gross margin of 30.3%. Cash reserves also grew to $15.7 million, up from $12.3 million in the prior quarter, while net cash used in operating activities decreased by 54% to $2 million. The adjusted EBITDA loss improved to $2.6 million, or $0.02 per share. Key business developments included the issuance of 8 new patents, raising their total to 45 issued patents and over 100 pending applications. SKYX is working with Home Depot to expand its product range and anticipates deploying its products in over 40,000 homes by the end of Q3 2023. The company made a significant collaboration with a $3 billion smart home project in Miami and is focusing on advancing its Safety Code Standardization process.

Revenue and Profit Growth

Revenue increased by 15% from Q1 to Q2 of 2025, reaching $23.1 million. Gross profit rose by 23%, and the company's cash position improved by $3.4 million.

Patent Achievements

Eight new U.S. and global patents were granted, increasing the total to over 100 patents and pending applications, with 45 issued patents.

Major Miami Smart City Collaboration

Announced collaboration on a $3 billion mixed-use urban smart home city project in Miami, marking a significant milestone for the company.

Progress with Home Depot Collaboration

Continued to expand product offerings in Home Depot, anticipating presence in over 40,000 homes by the end of Q3 2023.

Improved Cash Flow Management

Net cash used in operations decreased by 54%, and the company reported $15.7 million in cash and equivalents as of June 30, 2025.

SQL Technologies (SKYX) 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

Daily Earnings Calendar >

SKYX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	-0.06 / -	-0.08	―	―	―
Aug 12, 2025	2025 (Q2)	-0.08 / -0.08	-0.08	0.00% (0.00)	―
May 14, 2025	2025 (Q1)	-0.10 / -0.09	-0.1	10.00% (+0.01)	―
Mar 24, 2025	2024 (Q4)	-0.08 / -0.10	-0.13	23.08% (+0.03)	―
Nov 12, 2024	2024 (Q3)	-0.09 / -0.08	-0.08	0.00% (0.00)	―
Aug 12, 2024	2024 (Q2)	-0.10 / -0.08	-0.14	42.86% (+0.06)	―
May 14, 2024	2024 (Q1)	- / -	-0.1	―	―
Apr 01, 2024	2023 (Q4)	-0.10 / -0.10	-0.1	0.00% (0.00)	―
Nov 13, 2023	2023 (Q3)	-0.04 / -0.08	-0.07	-14.29% (>-0.01)	―
Aug 09, 2023	2023 (Q2)	- / -0.14	-0.06	-133.33% (-0.08)	―	―

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

SKYX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 12, 2025	$1.18	$1.28	+8.47%
May 14, 2025	$1.35	$1.40	+3.70%
Mar 24, 2025	$1.35	$1.37	+1.48%
Nov 12, 2024	$1.26	$1.21	-3.97%

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 SQL Technologies (SKYX) report earnings?

SQL Technologies (SKYX) is schdueled to report earning on Nov 18, 2025, Before Open (Not Confirmed).

What is SQL Technologies (SKYX) earnings time?

SQL Technologies (SKYX) earnings time is at Nov 18, 2025, Before Open (Not Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SKYX EPS forecast?

SKYX EPS forecast for the fiscal quarter 2025 (Q3) is -0.06.

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