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Sky Harbour Group (SKYH) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 12, 2026 · Sky Harbour Group (SKYH) Q2 2026 earnings results →
Q2 2026 Revenue up 50% year over year to $9.9M · 44¢ of every $1 of revenue lost · operating margin -68.7%
Sky Harbour Group made $9.9M in Q2 2026 (+50% Y/Y). Operating margin -68.7%, net loss $4.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.
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What changed this quarter
Revenue was $9.9M in Q2 2026, up 50% year over year and up 13% from the previous quarter.
Operating costs exceeded revenue by $6.8M, an operating margin of -68.7%. Total costs grew 18% against revenue growth of 50%. The fastest-growing cost line was Other operating costs (+19%). The quarter ended with a net loss of $4.4M, narrower than the previous quarter's $9.0M loss. Minority interests bore $3.1M of it: to shareholders the quarter was a loss of $1.2M. Non-operating items added $2.4M, -55% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $485K. Non-cash charges added back $2.1M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $921K. Capital expenditures of $802K exceeded it, leaving free cash flow of −$317K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 12, 2026 | $9.9M | +50% | -68.7% | −$4.4M | $485K |
| Q1 2026 | 10-Q | May 14, 2026 | $8.7M | +56% | -79.9% | −$9.0M | −$3.9M |
| Q4 2025 | 10-K | Mar 19, 2026 | $8.1M | +74% | -74.4% | $6.7M | $4.6M |
| Q3 2025 | 10-Q | Nov 12, 2025 | $7.3M | +78% | -105.2% | −$4.7M | −$906K |
| Q2 2025 | 10-Q | Aug 12, 2025 | $6.6M | +82% | -114.3% | $14.4M | −$944K |
| Q1 2025 | 10-Q | May 13, 2025 | $5.6M | +133% | -122.0% | −$9.1M | −$5.0M |
| Q4 2024 | 10-K | Mar 27, 2025 | $4.6M | +107% | -115.6% | −$15.9M | −$2.5M |
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📈Investments: gains and what it boughtinteractive
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About Sky Harbour Group
Sky Harbour Group Corporation is an aviation infrastructure company developing the first nationwide network of Home-Basing campuses for business aircraft. The company develops, leases, and manages general aviation hangar campuses across the United States. Sky Harbour’s Home-Basing offering aims to provide private and corporate residents with the best physical infrastructure in business aviation, coupled with dedicated service, tailored specifically to based aircraft, offering the shortest time to wheels-up in business aviation. To learn more, visit www.skyharbour.group.
In its own words, from its 8-K, filed Aug 12, 2026.
Sky Harbour Group against its Real Estate peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +50% against the peers' median +8%. Operating margin: -68.7% against the peers' median 15.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| SKYH Sky Harbour Group | Q2 2026 | $9.9M | +50% | -68.7% |
| CBRE CBRE Group | Q3 2026 | $11.5B | +13% | 4.9% |
| CWK Cushman & Wakefield | Q3 2026 | $2.8B | +8% | 4.6% |
| Prologis, L.P. | Q3 2026 | $2.4B | +8% | 43.8% |
| Digital Realty Trust, L.P. | Q3 2026 | $1.9B | +21% | 15.9% |
| FOR Forestar Group | Q4 FY26 | $581M | -13% | 13.5% |
| Regency Centers LP | Q3 2026 | $419M | +8% | 72.3% |
| Tiaa Real Estate Account | Q3 2026 | $303M | -0.8% | 298.8% |
| MRP Millrose Properties | Q3 2026 | $211M | +18% | 85.5% |
Source: Sky Harbour Group 10-Q on SEC EDGAR · CIK 1823587 · Real Estate
13F: who owns SKYH and who is buying
More on SKYH
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results