Filing Flows › Sky Harbour Group (SKYH) › Q1 2026
Sky Harbour Group (SKYH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Sky Harbour Group (SKYH) reported revenue of $8.7M for the first quarter 2026 (Q1 2026), +56% from a year earlier and +8% from the quarter before. Operating margin was -79.9%, net loss $9.0M (102.8% of revenue).
Sky Harbour Group, Q1 2026: revenue $8.7M (+56% year over year), operating margin -79.9%, net loss $9.0M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.7M | +8% | +56% |
| Operating profit | −$7.0M | — | — |
| Net earnings | −$9.0M | -233% | — |
| Operating cash flow | −$3.9M | -186% | — |
What changed
Revenue was $8.7M in Q1 2026, up 56% year over year and up 8% from the previous quarter.
Operating costs exceeded revenue by $7.0M, an operating margin of -79.9%. Total costs grew 26% against revenue growth of 56%. The fastest-growing cost line was Other operating costs (+28%). The quarter ended with a net loss of $9.0M, after a profit of $6.7M the previous quarter. Minority interests bore $3.4M of it: to shareholders the quarter was a loss of $5.6M.
Operating cash flow was −$3.9M. Non-cash charges added back $2.0M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $1.5M. Capital expenditures of $1.6M exceeded it, leaving free cash flow of −$5.5M.
Questions
What was Sky Harbour Group's revenue in the first quarter 2026?
Sky Harbour Group (SKYH) reported revenue of $8.7M for the first quarter 2026 (Q1 2026), +56% from a year earlier and +8% from the quarter before.
Was Sky Harbour Group profitable in the first quarter 2026?
Operating loss was $7.0M (-79.9% of revenue) and net loss $9.0M.
Source: Sky Harbour Group 10-Q on SEC EDGAR.