SKYX Platforms Corp. (NASDAQ: SKYX) reported record revenue for the full year 2025, reaching $92.0 million, up from $86 million in 2024. Fourth-quarter sales totaled $25 million, contributing to gross profit growth of $28 million for the year. The company strengthened its balance sheet, ending 2025 with $10 million in cash and raising an additional $29 million in January 2026. SKYX also reduced its operating cash burn and narrowed its net loss per share to $0.32, signaling improved financial discipline as it moves toward profitability.
The company’s smart home platform continues to gain traction, with retail expansion across major U.S. chains including Home Depot, Target, Walmart, and Lowe’s. SKYX expects to deploy over 100,000 units of its smart home products in 2026, reflecting strong demand. A key highlight is the company’s collaboration within the NVIDIA AI ecosystem, which positions SKYX at the intersection of smart home technology and artificial intelligence. This partnership could accelerate the integration of AI-driven features into SKYX’s product lineup, enhancing user experiences and driving adoption.
SKYX’s platform technologies, which include over 100 U.S. and global patents and patent-pending applications, are designed to make homes and buildings safer, more advanced, and smart as a standard. The company also owns 60 lighting and home decor websites serving both retail and commercial segments. These assets provide a diversified revenue stream and a direct channel to consumers and businesses.
With a strong cash position and reduced losses, SKYX appears well-positioned to achieve cash-flow positivity in the near term. The company’s expanding retail footprint and AI collaboration underscore its commitment to innovation and market leadership. For more details, the full press release is available at https://ibn.fm/u4ZOR.
