SKYQ

MKT CAP:$16M

Sky Quarry Inc.

Market Cap

$16M

Energy·Oil & Gas Integrated·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Integrated·🇺🇸·NASDAQ

Stock Price

$7.06+$3.62 (+105.23%)

Apr 23, 2026

Company Details

Sky Quarry Inc. operates as an oil production, refining, and environmental remediation company. The company facilitates recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. It also engages in the refining of...

CEO

Marcus Laun

IPO Date

Oct 10, 2024

Website

skyquarry.com

Key Metrics TTM

Revenue

$12M

-58.5% YoY

Net Income

-$12M

EPS (Diluted)

-$4.34

Free Cash Flow

-$3M

Revenue / Share

$3.92

Gross Margin

-25.1%

Operating Margin

-74.0%

Net Margin

-97.7%

FCF Margin

-27.3%

P/S

1.3x

P/E

—

Earnings Reports

FY 2025

Mar 31, 2026

$12M-46.5%EPS -$4.41

Q4 2025

Mar 31, 2026

$279.7K-93.3%EPS -$0.90

Q3 2025

Nov 14, 2025

$1MEPS -$1.36

Q2 2025

Aug 14, 2025

$5M+34.6%EPS -$0.80

Q1 2025

May 15, 2025

$6M-42.2%EPS -$1.28

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 23	$14M	$3M	$1M
Q4 23	$12M	-$3M	-$3M
Q1 24	$11M	$569.4K	-$1M
Q2 24	$3M	-$485.6K	-$1M
Q4 24	$4M	-$2M	-$4M
Q1 25	$6M	-$726.1K	-$3M
Q2 25	$5M	-$117.0K	-$2M
Q3 25	$1M	-$1M	-$3M
Q4 25	$279.7K	-$1M	-$2M

Valuation

Quarter	P/S	P/E
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	13.3x	—
Q4 24	6.7x	—
Q1 25	4.0x	—
Q2 25	6.2x	—
Q3 25	5.1x	—
Q4 25	3.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 23	-$3M	-$3M
Q1 24	-$1M	-$2M
Q2 24	-$1M	-$2M
Q4 24	-$3M	-$2M
Q1 25	-$2M	-$2M
Q2 25	$1M	$1M
Q3 25	-$1M	-$1M
Q4 25	-$1M	-$944.1K

Capital Expenditures

Quarter	CapEx
Q4 23	$186.1K
Q1 24	$427.7K
Q2 24	$944.0K
Q4 24	$418.0K
Q1 25	$330.3K
Q2 25	$65.1K
Q3 25	$84.3K
Q4 25	$346.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 24	-70.9%	-38.6%
Q1 25	-45.4%	-39.5%
Q2 25	-58.5%	-47.6%
Q3 25	-60.4%	-19.5%
Q4 25	-93.3%	-68.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 23	$308.9K	2.7%
Q1 24	$270.2K	2.5%
Q2 24	$189.8K	5.6%
Q4 24	$97.6K	2.3%
Q1 25	$78.9K	1.2%
Q2 25	$230.5K	5.1%
Q3 25	$237.1K	17.7%
Q4 25	$112.7K	40.3%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q3 23	—	$1M	—
Q1 24	$199.4K	$1M	$14.4K
Q2 24	—	$956.9K	—
Q4 24	—	$1M	$863.2K
Q1 25	$341.0K	$2M	$348.4K
Q2 25	—	$2M	—
Q3 25	—	$1M	—
Q4 25	—	$1M	—

Revenue Segments

Quarter	Crude Oil Segment
Q1 25	$6M
Q2 25	$5M
Q3 25	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 24	$432.0K	$0	$432.0K
Q3 24	$292.9K	$0	$292.9K
Q4 24	$385.1K	$0	$385.1K
Q1 25	$213.0K	$0	$213.0K
Q2 25	$173.8K	$0	$173.8K
Q3 25	$362.5K	$0	$362.5K
Q4 25	$35.4K	$0	$35.4K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 23	2M	—	—
Q4 23	2M	0.0%	—
Q1 24	2M	0.0%	—
Q2 24	2M	0.0%	—
Q4 24	2M	0.0%	0.0%
Q1 25	3M	+8.1%	+8.1%
Q2 25	3M	+1.5%	+9.8%
Q3 25	3M	+6.3%	+16.7%
Q4 25	3M	+11.1%	+29.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q4 24	$161.1K	26
Q1 25	$243.6K	26
Q2 25	$174.7K	26
Q3 25	$51.4K	26
Q4 25	$10.8K	26

Revenue / Employee