SKYX Platforms (NASDAQ:SKYX) reported higher first-quarter revenue and improved gross margin, while management said the company remains focused on expanding its business-to-business pipeline with hotels and builders and growing its retail and e-commerce channels.
On the company’s earnings call for the first quarter of 2026, President Steve Schmidt said SKYX generated record quarterly revenue of $22 million, up 10% from $20 million in the first quarter of 2025. He said the result marked the company’s ninth consecutive quarter of year-over-year growth.
