SKYX Platforms reported record 2025 revenue of $92.0 million, representing an increase from $86 million in 2024, with fourth-quarter sales reaching $25 million. The company also demonstrated improved profitability with gross profit growth to $28 million, while narrowing its net loss per share to $0.32 and reducing operating cash burn. Financial stability was strengthened with $10 million in cash at year-end and an additional $29 million raised in January 2026, providing resources for continued expansion.
The company highlighted significant momentum across its smart home platform, including major retail expansion with partners such as Home Depot, Target, Walmart and Lowe's. This retail network expansion is expected to support the deployment of over 100,000 units in 2026, representing substantial market penetration for SKYX's technologies. The company's participation in the NVIDIA AI ecosystem represents another strategic collaboration that enhances its technological capabilities and market positioning.
SKYX Platforms has developed a series of advanced-safe-smart platform technologies with over 100 U.S. and global patents and patent pending applications, emphasizing safety and lifestyle enhancement in homes and buildings. The company's mission to make homes and buildings become safe-advanced and smart as the new standard aligns with growing consumer demand for integrated smart home solutions. Additional information about the company's technologies is available at https://skyplug.com/.
The financial performance and strategic initiatives position SKYX for anticipated growth and a path to cash-flow positivity. The company's balance sheet improvements, combined with expanding retail partnerships and technological collaborations, create a foundation for continued market expansion. The full press release containing detailed financial information and corporate updates can be accessed at https://ibn.fm/u4ZOR, while ongoing news and updates relating to SKYX are available in the company's newsroom at https://ibn.fm/SKYX.
