Sky Harbour Group Corporation (SKYH) Stock Analysis
Real Estate · Real Estate - Development · NYSE
Sky Harbour Group Corporation (SKYH) posted $27.54M in revenue for fiscal 2025 (up 86.6% year over year), at a 68.3% net margin, and has compounded revenue about 104.4%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Sky Harbour Group Corporation
Sky Harbour Group Corporation has grown revenue from $1.58M to $27.54M over the last 5 fiscal years, compounding about 104.4% a year. The most recent year was up 86.6%, so growth has cooled from its longer-run pace.
Net margin sits at 68.3%, up 374.7 points year over year on a 88% gross margin. It carries about $183.23M of total debt.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Sky Harbour Group Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Sky Harbour Group Corporation revenue & earnings — last 5 fiscal years
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.58M | $1.84M | $7.58M | $14.76M | $27.54M |
| Gross profit | — | — | $7.36M | $14.21M | $24.23M |
| Net income | $-13.61M | $-3.18M | $-16.18M | $-45.23M | $18.82M |
| Net margin | -862.5% | -172.6% | -213.6% | -306.4% | 68.3% |
Source: Sky Harbour Group Corporation SEC filings (10-K).
Sky Harbour Group Corporation: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 127.9% over 3 years (15M → 34.1M) — existing holders' stakes are being diluted.
- Debt with negative operating cash flowCarries $183.2M of debt while last year's operating cash flow was negative ($-2.3M).
Explore 5 years of Sky Harbour Group Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Sky Harbour Group Corporation financial history by metric
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About Sky Harbour Group Corporation
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company's home basing hangar campuses includes private and semi-private hangars, as well as a suite of services for home based and transient aircraft. The company is based in White Plains, New York.
Sky Harbour Group Corporation — frequently asked questions
What is Sky Harbour Group Corporation's revenue?
Sky Harbour Group Corporation (SKYH) reported revenue of $27.54M for fiscal year 2025, up 86.6% from the prior year, according to its SEC filings.
Is Sky Harbour Group Corporation profitable?
Yes. SKYH earned net income of $18.82M in fiscal 2025, a net margin of 68.3%.
What is SKYH's P/E ratio?
Sky Harbour Group Corporation trades at a price-to-earnings ratio of about 76.5 based on the latest data in our nightly-refreshed cache.
How fast is Sky Harbour Group Corporation growing?
SKYH's revenue grew at roughly 104.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Sky Harbour Group Corporation have?
As of fiscal year 2025, SKYH carried roughly $183.23M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Sky Harbour Group Corporation's gross margin?
SKYH's gross margin was 88.0% in fiscal 2025 — gross profit of $24.23M on revenue of $27.54M.
What is Sky Harbour Group Corporation's market cap?
Sky Harbour Group Corporation (SKYH) has a market capitalization of about $702.53M, based on the latest data in our nightly-refreshed cache.
When does Sky Harbour Group Corporation's fiscal year end?
SKYH's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Sky Harbour Group Corporation's official SEC filings (10-K and 10-Q), covering 5 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.