Filing Flows › Saker Aviation Services (SKAS) › Q1 2026
Saker Aviation Services (SKAS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Saker Aviation Services (SKAS) reported revenue of $15K for the first quarter 2026 (Q1 2026), -99% from a year earlier and +200% from the quarter before.
Saker Aviation Services, Q1 2026: revenue $15K (-99% year over year), net loss $223K, operating cash flow −$58K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15K | +200% | -99% |
| Operating profit | −$303K | — | — |
| Net earnings | −$223K | — | — |
| Operating cash flow | −$58K | — | -266% |
What changed
Revenue was $15K in Q1 2026, down 99% year over year and up 200% from the previous quarter.
Operating costs exceeded revenue by $303K, an operating margin of -2022.2%. The quarter ended with a net loss of $223K, wider than the previous quarter's $145K loss. Non-operating items added $80K, -36% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$58K. Non-cash charges added back $6K of share-based compensation. Working capital and other items added $160K.
Questions
What was Saker Aviation Services' revenue in the first quarter 2026?
Saker Aviation Services (SKAS) reported revenue of $15K for the first quarter 2026 (Q1 2026), -99% from a year earlier and +200% from the quarter before.