Sky Harbour Group (SKYH) financial statements
Sky Harbour Group reported revenue of $28M in fiscal 2025, up 104.4% a year over 4 years.
Net income was $19M and the operating margin -101.8%, against 184.4% in 2021.
Free cash flow was -$12M.
The diluted share count rose 457% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Sky Harbour Group's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $8M | $15M | $28M |
| Selling, general and admin | $9M | $15M | $3M | $3M | $4M |
| Operating income | $3M | -$19M | -$17M | -$20M | -$28M |
| Interest expense | $1M | $0 | $541,000 | $715,000 | $1M |
| Pre-tax income | $3M | — | — | — | — |
| Income tax | $0 | $0 | $0 | $0 | $0 |
| Net income | -$14M | -$3M | -$16M | -$45M | $19M |
| EPS (diluted) | $0.00 | -$0.23 | -$0.98 | -$1.76 | $0.09 |
| Diluted shares | 0M | 14M | 16M | 26M | 78M |
| Operating margin | 184.4% | -1022.1% | -224.3% | -138.3% | -101.8% |
| Net margin | -862.5% | -172.6% | -213.6% | -306.4% | 68.3% |
Balance sheet
Fiscal years, from Sky Harbour Group's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $2M | $60M | $42M | $21M |
| Total assets | $304M | $331M | $402M | $557M | $593M |
| Total current liabilities | $7M | — | — | — | — |
| Total liabilities | $233M | $233M | $270M | $397M | $421M |
| Shareholders' equity | -$18M | $98M | $132M | $160M | $172M |
| Net debt | -$7M | -$2M | -$60M | -$42M | -$21M |
Cash flow
Fiscal years, from Sky Harbour Group's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | -$7M | -$27M | -$8M | -$9M | -$2M |
| Capital spending | $162,000 | $1M | $767,000 | $2M | $10M |
| Free cash flow | -$7M | -$29M | -$9M | -$11M | -$12M |
| Stock-based compensation | $217,000 | $1M | $2M | $4M | $6M |
| Free cash flow margin | -429.5% | -1546.9% | -112.2% | -76.9% | -43.0% |
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Open SKYH in InvestinglyQuestions
What was Sky Harbour Group's revenue in 2025?
$28M in fiscal 2025, from its 10-K filing.
How much free cash flow does Sky Harbour Group generate?
-$12M in fiscal 2025 (operating cash flow minus capital spending).
From Sky Harbour Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.