Filing Flows › Sky Harbour Group (SKYH) › Q3 2025
Sky Harbour Group (SKYH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Sky Harbour Group (SKYH) reported revenue of $7.3M for the third quarter 2025 (Q3 2025), +78% from a year earlier and +11% from the quarter before. Operating margin was -105.2%, net loss $4.7M (63.7% of revenue).
Sky Harbour Group, Q3 2025: revenue $7.3M (+78% year over year), operating margin -105.2%, net loss $4.7M, operating cash flow −$906K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | +11% | +78% |
| Operating profit | −$7.7M | — | — |
| Net earnings | −$4.7M | -132% | — |
| Operating cash flow | −$906K | — | — |
What changed
Revenue was $7.3M in Q3 2025, up 78% year over year and up 11% from the previous quarter.
Operating costs exceeded revenue by $7.7M, an operating margin of -105.2%. Total costs grew 67% against revenue growth of 78%. The fastest-growing cost line was Other operating costs (+70%). The quarter ended with a net loss of $4.7M, after a profit of $14.4M the previous quarter. Minority interests bore $2.8M of it: to shareholders the quarter was a loss of $1.9M. Non-operating items added $3.0M, -65% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$906K. Non-cash charges added back $1.8M of depreciation and amortization and $2.0M of share-based compensation. Capital expenditures of $1.5M exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Sky Harbour Group's revenue in the third quarter 2025?
Sky Harbour Group (SKYH) reported revenue of $7.3M for the third quarter 2025 (Q3 2025), +78% from a year earlier and +11% from the quarter before.
Was Sky Harbour Group profitable in the third quarter 2025?
Operating loss was $7.7M (-105.2% of revenue) and net loss $4.7M.
Source: Sky Harbour Group 10-Q on SEC EDGAR.