SKYH

MKT CAP:$801M

Sky Harbour Group Corporation

Market Cap

$801M

Industrials·Aerospace & Defense·🇺🇸 United States·NYSE

Industrials·Aerospace·🇺🇸·NYSE

Stock Price

$10.95+$2.04 (+22.90%)

Apr 17, 2026

Company Details

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 was founded in 2017 and is based in ...

CEO

Tal Keinan

IPO Date

Dec 8, 2020

Website

skyharbour.group

Key Metrics TTM

Revenue

$9M

+553.1% YoY

Net Income

-$29M

EPS (Diluted)

-$1.10

Free Cash Flow

-$53M

Revenue / Share

$0.35

Gross Margin

-21.4%

Operating Margin

-230.6%

Net Margin

-335.2%

FCF Margin

-616.2%

P/S

92.6x

P/E

—

Earnings Reports

Q3 2024

May 12, 2026

PENDING

Q2 2024

Aug 13, 2024

$4MEPS $0.08

Q1 2024

May 14, 2024

$2MEPS -$0.78

FY 2023

Mar 27, 2024

$8MEPS -$0.98

Q4 2023

Mar 27, 2024

$2MEPS -$0.61

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 20	$209.7K	$158.5K	-$487.6K
Q2 20	$209.7K	$158.5K	-$487.6K
Q3 20	$127.7K	-$1M	-$2M
Q4 20	$138.5K	-$343.9K	-$566.8K
Q1 21	$390.0K	-$605.0K	-$1M
Q2 21	$394.0K	-$686.0K	-$2M
Q3 21	$402.0K	-$737.0K	-$3M
Q4 21	$391.0K	-$797.0K	-$5M
Q4 23	$2M	-$379.0K	-$5M
Q1 24	$2M	-$308.0K	-$5M
Q2 24	$4M	-$363.0K	-$5M

Valuation

Quarter	P/S	P/E
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	226.6x	—
Q1 21	156.4x	—
Q2 21	130.3x	—
Q3 21	104.1x	—
Q4 21	70.5x	—
Q4 23	78.8x	—
Q1 24	54.4x	—
Q2 24	28.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	-$128.8K	-$4M
Q2 20	-$128.8K	-$4M
Q3 20	-$268.5K	-$2M
Q4 20	-$515.3K	-$4M
Q1 21	-$1M	-$3M
Q2 21	-$1M	-$3M
Q3 21	-$2M	-$5M
Q4 21	-$2M	-$12M
Q4 23	-$1M	-$17M
Q1 24	-$4M	-$14M
Q2 24	-$1M	-$10M

Capital Expenditures

Quarter	CapEx
Q1 20	$3M
Q2 20	$3M
Q3 20	$2M
Q4 20	$3M
Q1 21	$1M
Q2 21	$2M
Q3 21	$3M
Q4 21	$10M
Q4 23	$16M
Q1 24	$9M
Q2 24	$9M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+86.0%	+127.5%
Q2 21	+87.9%	+279.9%
Q3 21	+214.8%	+71.0%
Q4 21	+182.3%	+678.9%
Q4 23	+473.8%	+335.1%
Q1 24	+510.2%	+188.0%
Q2 24	+800.0%	+146.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$0	0.0%
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q4 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$51.0K	12.9%
Q3 21	$80.0K	19.9%
Q4 21	$85.0K	21.7%
Q4 23	$629.0K	28.1%
Q1 24	$1M	42.9%
Q2 24	$1M	28.9%

OpEx Breakdown

Quarter	G&A	S&M
Q1 20	$214.7K	$431.5K
Q2 20	$214.7K	$431.5K
Q3 20	$113.6K	$71.6K
Q4 20	$209.5K	$13.3K
Q1 21	$547.0K	$37.0K
Q2 21	$1M	$110.0K
Q3 21	$2M	$106.0K
Q4 21	$4M	$40.0K
Q4 23	$4M	—
Q1 24	$5M	—
Q2 24	$5M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$49M	$0	$49M
Q2 22	$4M	$30M	$34M
Q3 22	$730.0K	$30M	$30M
Q4 22	$2M	$25M	$27M
Q1 23	$3M	$18M	$21M
Q2 23	$3M	$17M	$20M
Q3 23	$2M	$17M	$19M
Q4 23	$60M	$12M	$72M
Q1 24	$3M	$37M	$40M
Q2 24	$25M	$10M	$35M
Q3 24	$4M	$19M	$23M
Q4 24	$42M	$19M	$61M
Q1 25	$51M	$0	$51M
Q2 25	$9M	$0	$9M
Q3 25	$24M	$0	$24M
Q4 25	$37M	$11M	$48M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 20	14M	—	—
Q2 20	15M	+5.9%	—
Q3 20	17M	+11.1%	—
Q4 20	17M	0.0%	—
Q1 21	14M	-20.0%	-5.9%
Q2 21	14M	0.0%	-11.1%
Q3 21	14M	0.0%	-20.0%
Q4 21	15M	+9.8%	-12.1%
Q4 23	17M	+15.5%	+26.9%
Q1 24	24M	+40.7%	+78.5%
Q2 24	25M	+1.9%	+81.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	$46.2K	3
Q1 21	$130.0K	3
Q2 21	$131.3K	3
Q3 21	$134.0K	3
Q4 21	$35.5K	11
Q4 23	$63.9K	35
Q1 24	$68.7K	35
Q2 24	$103.4K	35

Revenue / Employee