SKYX Platforms Corp. (NASDAQ: SKYX) announced record revenue for the fiscal year 2025, reaching $92.0 million compared to $86 million in 2024, with fourth-quarter sales of $25 million. The company also reported gross profit growth to $28 million and a strengthened balance sheet with $10 million in cash at year-end, supplemented by an additional $29 million raised in January 2026. Operating cash burn was reduced, and net loss per share narrowed to $0.32, reflecting improved financial discipline.
The company highlighted continued momentum across its smart home platform, including retail expansion with major home improvement and consumer goods retailers such as Home Depot, Target, Walmart, and Lowe’s. SKYX expects to deploy over 100,000 units of its smart home products in 2026. A key strategic development is the company’s participation in the NVIDIA AI ecosystem, which underscores its commitment to integrating advanced artificial intelligence into its product lineup.
SKYX Platforms, which holds over 100 U.S. and global patents and patent pending applications, aims to make homes and buildings safe, advanced, and smart as the new standard. The company also owns 60 lighting and home decor websites for retail and commercial segments. The record revenue and strategic partnerships signal a path toward anticipated growth and cash-flow positivity. For more details, the full press release is available at https://ibn.fm/u4ZOR.
SKYX’s focus on ease of use and safety, combined with its retail and technology collaborations, positions it to capitalize on the growing demand for smart home solutions. The company’s financial improvements and expanding market presence are key indicators of its potential to achieve profitability. Investors can find the latest news and updates on SKYX in the company’s newsroom at https://ibn.fm/SKYX.
