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SKYX reports record $25.7M Q3 revenue, expands market with Deako merger and builder programs.

Company Fundamentals
12 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
SKYX reports record $25.7M Q3 revenue, expands market with Deako merger and builder programs.

SKYX Platforms Corp. reported a record $25.7 million revenue in Q3 2026, up 7.4% from the previous year, marking its 11th consecutive quarter of growth. Gross profit rose 11% to $8.1 million, supported by a strong cash position of $21 million. The recent merger with Deako expands SKYX's market reach to about 4 million units in the builder channel, with major contracts to supply over 210,000 units to prominent homebuilders. The company is also advancing international projects and retail product launches, aiming for cash flow positivity and future revenue from AI services and licensing.

SKYX Platforms Corp. reported a record revenue of $25.7 million in Q3 2026, marking its 11th consecutive quarter of growth. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 13, 2026 03:51 WIB: out of 150 priced US tech stocks, 45 rose and 105 fell. Notable movers include BTDR at USD 6.13 with a 1-day change of -12.80%, VNET at USD 3.06 down 12.18%, and SMCI at USD 27.24 down 10.48%.

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