SKYX Reports Record Q1 Revenue of $22 Million, Marks Ninth Straight Quarter of Growth

Release - SKYX Reports 9 Consecutive Quarters of Growth YoY with 10% Increase and Record Revenues for Q-1 2026 with $22 Million Compared to $20 Million in Q-1 2025 as It Continues to Grow Its Market Penetration - Channelchek

SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive advanced smart home and AI platform technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today reported its financial and operational results for the first quarter ended March 31, 2026.

SKYX Reports Record Q1 Revenue of $22 Million, Marks Ninth Straight Quarter of Growth

SKYX Platforms Corp. (NASDAQ: SKYX), a developer of smart home and AI platform technologies, reported record revenues of $22 million for the first quarter of 2026, a 10% increase from $20 million in the same period last year. This marks the company’s ninth consecutive quarter of year-over-year growth, according to a press release issued May 11, 2026. The company’s gross profit rose 16% to $7.0 million, with gross margin improving to 30% from 28%…