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SKYH logoSky Harbour Group Corporation(SKYH)Earnings, Financials & Key Ratios

SKYH•NYSE
$9.96
$419M mkt cap·110.7× P/E·Price updated May 7, 2026
SectorIndustrialsIndustryAerospace & DefenseSub-IndustryAviation Aftermarket and MRO
AboutSky 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 White Plains, New York.Show more
  • Revenue$28M+86.6%
  • EBITDA$8M+144.6%
  • Net Income$19M+141.6%
  • EPS (Diluted)0.09+105.1%
  • Gross Margin37.35%-2.3%
  • EBITDA Margin28.67%+123.9%
  • Operating Margin5.82%+104.2%
  • Net Margin68.33%+122.3%
  • ROE11.34%+136.6%
  • ROIC0.41%+110.0%
  • Interest Coverage1.18+104.1%
Technical→

SKYH Key Insights

Sky Harbour Group Corporation (SKYH) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 109.3%

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Shares diluted 100.0% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

SKYH Price & Volume

Sky Harbour Group Corporation (SKYH) stock price & volume — 10-year historical chart

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SKYH Growth Metrics

Sky Harbour Group Corporation (SKYH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years109.3%
3 Years146.22%
TTM95.23%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM89.84%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM97.78%

Return on Capital

10 Years-4.22%
5 Years-4.16%
3 Years-3.01%
Last Year0.28%

SKYH Recent Earnings

Sky Harbour Group Corporation (SKYH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (70%)●Beat Revenue 2/12 qtrs (20%)
Q2 2026Latest
Mar 19, 2026
EPS
$0.25
Est $0.15
+266.7%
Revenue
$8M
Est $9M
-5.9%
Q4 2025
Nov 12, 2025
EPS
$0.06
Est $0.10
+40.0%
Revenue
$7M
Est $9M
-16.1%
Q3 2025
Aug 12, 2025
EPS
$0.10
Est $0.12
+16.7%
Revenue
$7M
Est $8M
-22.4%
Q2 2025
May 13, 2025
EPS
$0.11
Est $0.25
+56.0%
Revenue
$6M
Est $7M
-25.3%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 19, 2026
$0.25vs $0.15+266.7%
$8Mvs $9M-5.9%
Q4 2025Nov 12, 2025
$0.06vs $0.10+40.0%
$7Mvs $9M-16.1%
Q3 2025Aug 12, 2025
$0.10vs $0.12+16.7%
$7Mvs $8M-22.4%
Q2 2025May 13, 2025
$0.11vs $0.25+56.0%
$6Mvs $7M-25.3%
Based on last 12 quarters of dataView full earnings history →

SKYH Peer Comparison

Sky Harbour Group Corporation (SKYH) competitors in Aviation Aftermarket and MRO — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
FLYW logoFLYWFlywire CorporationDirect Competitor2.12B17.73161.1826.59%6.65%5.87%
RAMP logoRAMPLiveRamp Holdings, Inc.Direct Competitor1.9B30.15-2491.7413.02%8.64%7.15%0.04
FTAI logoFTAIFTAI Aviation Ltd.Direct Competitor27.96B272.5459.2543.24%18.92%181.39%10.32
AVAV logoAVAVAeroVironment, Inc.Direct Competitor8.4B168.18108.5014.5%-13.93%-6.41%0.07
VICI logoVICIVICI Properties Inc.Product Competitor30.78B28.7911.034.08%76.69%11.05%
SAFE logoSAFESafehold Inc.Product Competitor1.11B15.429.705.43%29.69%4.75%1.84
ILPT logoILPTIndustrial Logistics Properties TrustProduct Competitor527.32M7.91-7.911.48%-11.93%-5.93%4.69
GMRE logoGMREGlobal Medical REIT Inc.Product Competitor94.26M35.74115.29-1.79%1.69%0.49%1.18

Compare SKYH vs Peers

Sky Harbour Group Corporation (SKYH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FLYW

Most directly comparable listed peer for SKYH.

Scale Benchmark

vs HWM

Larger-name benchmark to compare SKYH against a more recognizable public peer.

Peer Set

Compare Top 5

vs FLYW, RAMP, FTAI, AVAV

SKYH Income Statement

Sky Harbour Group Corporation (SKYH) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue0685.6K1.58M1.84M7.58M14.76M27.54M24.13M
Revenue Growth %--130.16%16.92%310.57%94.86%86.57%95.23%
Cost of Goods Sold01.94M5.04M5.74M7.17M9.12M17.25M16.82M
COGS % of Revenue-283.15%319.45%311.17%94.63%61.78%62.65%-
Gross Profit
0▲ 0%
-1.26M▲ 0%
-3.46M▼ 175.8%
-3.9M▼ 12.5%
407K▲ 110.4%
5.64M▲ 1286.2%
10.29M▲ 82.3%
7.31M▲ 0%
Gross Margin %--183.15%-219.46%-211.17%5.37%38.22%37.35%30.29%
Gross Profit Growth %---175.79%-12.5%110.45%1286.24%82.29%-
Operating Expenses1.56M837.34K8.74M14.71M17.4M26.06M8.68M28.41M
OpEx % of Revenue-122.13%553.68%797.51%229.7%176.52%31.53%-
Selling, General & Admin993.5K837.34K8.74M14.71M15.12M19.4M6.56M14.66M
SG&A % of Revenue-122.13%553.68%797.51%199.63%131.41%23.83%-
Research & Development000248K0000
R&D % of Revenue---13.44%----
Other Operating Expenses564.34K00-248K2.28M6.66M2.12M3.33M
Operating Income
-1.56M▲ 0%
-2.09M▼ 34.4%
-12.2M▼ 482.9%
-18.61M▼ 52.5%
-16.99M▲ 8.7%
-20.41M▼ 20.1%
1.6M▲ 107.9%
-21.11M▲ 0%
Operating Margin %--305.28%-773.13%-1008.67%-224.33%-138.3%5.82%-87.48%
Operating Income Growth %--34.35%-482.89%-52.54%8.69%-20.13%107.85%-
EBITDA-1.39M-2M-9M-15.96M-14.71M-17.71M7.9M-15.91M
EBITDA Margin %--291.65%-570.15%-864.77%-194.26%-119.96%28.67%-65.95%
EBITDA Growth %--44.27%-349.95%-77.34%7.77%-20.34%144.6%7.3%
D&A (Non-Cash Add-back)171.86K93.46K3.2M2.65M2.28M2.71M6.29M5.19M
EBIT0-2.14M-12.45M-13.68M-24.9M-52.97M0-9.51M
Net Interest Income-198.5K-395.7K-1.16M0-541K-715K0-708K
Interest Income00000000
Interest Expense198.5K395.7K1.16M0541K715K1.36M708K
Other Income/Expense-198.5K-442.72K-1.41M4.93M-8.45M-33.27M17.21M5.73M
Pretax Income
-1.76M▲ 0%
-2.54M▼ 44.4%
-13.61M▼ 436.7%
-13.68M▼ 0.5%
-25.44M▼ 86.0%
-53.68M▼ 111.0%
18.82M▲ 135.1%
-15.37M▲ 0%
Pretax Margin %--369.86%-862.48%-741.36%-335.85%-363.68%68.33%-63.71%
Income Tax198.5K0000000
Effective Tax Rate %-11.3%0%0%0%0%0%0%0%
Net Income
-1.95M▲ 0%
-2.54M▼ 29.7%
-13.61M▼ 436.7%
-3.18M▲ 76.6%
-16.18M▼ 408.1%
-45.23M▼ 179.6%
18.82M▲ 141.6%
-4.3M▲ 0%
Net Margin %--369.86%-862.48%-172.57%-213.56%-306.42%68.33%-17.82%
Net Income Growth %--29.72%-436.73%76.61%-408.07%-179.6%141.6%89.84%
Net Income (Continuing)-1.95M-2.54M-13.61M-13.68M-25.44M-53.68M18.82M-15.37M
Discontinued Operations00000000
Minority Interest00072.1M63.09M55.72M44.22M47.09M
EPS (Diluted)
-0.14▲ 0%
-0.18▼ 28.6%
-0.91▼ 405.6%
-0.23▲ 74.7%
-0.98▼ 326.1%
-1.76▼ 79.6%
0.09▲ 105.1%
-0.13▲ 0%
EPS Growth %--28.57%-405.56%74.73%-326.09%-79.59%105.11%97.78%
EPS (Basic)-0.14-0.18-0.91-0.23-0.98-1.760.56-
Diluted Shares Outstanding13.6M17M14.96M13.96M16.46M25.74M77.77M33.88M
Basic Shares Outstanding13.6M17M14.96M13.96M16.46M25.74M33.83M33.88M
Dividend Payout Ratio--------

SKYH Balance Sheet

Sky Harbour Group Corporation (SKYH) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets1.02M140.24M204.38M70.74M164.53M127.16M34.87M47.93M
Cash & Short-Term Investments1.02M1.12M6.8M27.07M72.12M42.44M20.72M23.5M
Cash Only1.02M1.12M6.8M2.17M60.26M42.44M20.72M23.5M
Short-Term Investments00024.89M11.87M000
Accounts Receivable00103K83K367K8.62M14.15M0
Days Sales Outstanding--23.8216.4217.68213.25187.5968.63
Inventory00000000
Days Inventory Outstanding--------
Other Current Assets0138.72M197.13M39.22M86.4M76.1M024.42M
Total Non-Current Assets27.31M099.51M260.46M237.67M429.39M180.66M510.11M
Property, Plant & Equipment20.03M48.34M96.81M145.17M223.49M147.83M177.96M495.01M
Fixed Asset Turnover-0.01x0.02x0.01x0.03x0.10x0.15x0.06x
Goodwill00000000
Intangible Assets000003M2.71M2.78M
Long-Term Investments000000031M
Other Non-Current Assets7.29M-48.34M2.7M115.3M14.19M278.56M0309.55M
Total Assets
28.33M▲ 0%
140.24M▲ 395.0%
303.89M▲ 116.7%
331.2M▲ 9.0%
402.2M▲ 21.4%
556.56M▲ 38.4%
593.18M▲ 6.6%
558.03M▲ 0%
Asset Turnover-0.00x0.01x0.01x0.02x0.03x0.05x0.04x
Asset Growth %-394.98%116.69%8.99%21.44%38.38%6.58%108.21%
Total Current Liabilities2.82M4.91M10.96M14.18M18.85M22.61M019.95M
Accounts Payable0153.93K901K948K2.65M000
Days Payables Outstanding-28.9465.2460.27135.04---
Short-Term Debt00000000
Deferred Revenue (Current)00000000
Other Current Liabilities2.82M03.45M6.1M7.02M2.75M02.13M
Current Ratio0.36x28.54x18.65x4.99x8.73x5.63x-2.40x
Quick Ratio0.36x28.54x18.65x4.99x8.73x5.63x-2.40x
Cash Conversion Cycle-------68.63
Total Non-Current Liabilities29.48M18M221.97M218.65M251.1M374.13M0374.23M
Long-Term Debt9.18M22.67M160.68M162.21M171.66M170.16M0169.02M
Capital Lease Obligations20.31M34.81M61.29M53.53M67.39M152.8M0660.54M
Deferred Tax Liabilities00000000
Other Non-Current Liabilities0-39.48M02.9M12.04M51.18M0164.28M
Total Liabilities32.31M22.92M232.93M232.83M269.95M396.74M421.21M394.18M
Total Debt29.48M57.49M221.97M215.74M241.17M322.95M0345.71M
Net Debt28.47M56.37M215.16M213.57M180.91M280.51M-20.72M322.2M
Debt / Equity-0.49x3.13x2.19x1.82x2.02x-2.11x
Debt / EBITDA--------21.73x
Net Debt / EBITDA-------2.62x-2.62x
Interest Coverage-7.85x-5.29x-10.52x--31.41x-28.55x1.18x-13.43x
Total Equity
-3.97M▲ 0%
117.32M▲ 3053.2%
70.96M▼ 39.5%
98.37M▲ 38.6%
132.25M▲ 34.4%
159.82M▲ 20.8%
171.97M▲ 7.6%
163.86M▲ 0%
Equity Growth %-3053.16%-39.52%38.63%34.43%20.85%7.6%156.54%
Book Value per Share-0.296.904.747.048.046.212.214.84
Total Shareholders' Equity-3.97M117.32M70.96M26.28M69.16M104.1M127.75M116.76M
Common Stock0138.71M16.93M5K6K7K7K7K
Retained Earnings0-21.38M0-3.18M-19.36M-64.59M-45.77M-55.39M
Treasury Stock00000000
Accumulated OCI000-102K312K53K00
Minority Interest00072.1M63.09M55.72M44.22M47.09M

SKYH Cash Flow Statement

Sky Harbour Group Corporation (SKYH) cash flow — operating, investing & free cash flow history

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations-1.39M-1.04M-6.62M-27.49M-7.74M-9.1M-2.34M-2.34M
Operating CF Margin %--151.9%-419.2%-1490.03%-102.11%-61.62%-8.48%-
Operating CF Growth %-24.83%-535.19%-315.59%71.86%-17.58%74.32%-49.61%
Net Income-1.76M-2.54M-13.61M-13.68M-16.18M-53.68M7.32M-4.3M
Depreciation & Amortization093.46K1.01M695K2.28M2.71M6.38M5.2M
Stock-Based Compensation00217K1.22M2.26M3.92M5.77M5.46M
Deferred Taxes00000000
Other Non-Cash Items454.3K1.33M2.78M-12.43M4.37M38.76M-21.81M-5.95M
Working Capital Changes-83.38K66.28K2.99M-3.29M-466K-799K01.3M
Change in Receivables00000-1.11M-166K-14K
Change in Inventory00000000
Change in Payables-87.99K92.9K3.3M-1.31M3.11M309K7.53M1.59M
Cash from Investing-4.07M-11.9M-15.99M-187.84M-16.27M-43.91M-62.33M-96.57M
Capital Expenditures-4.07M-11.9M-15.99M-45.97M-56.14M-78.55M0-89.35M
CapEx % of Revenue-1735.29%1013.56%2491.44%741.12%532.14%--
Acquisitions00001.79M-31.68M0-31.68M
Investments--------
Other Investing000-2.2M-2.04M-989K-81.26M-567K
Cash from Financing5.68M11.99M226.47M52.79M54.87M75.09M7.33M68.23M
Debt Issued (Net)6.83M13.74M149.18M0-1.76M-1.78M0-1.72M
Equity Issued (Net)001000K1000K1000K1000K01.28M
Dividends Paid00000000
Share Repurchases00000000
Other Financing-1.15M-1.75M-7.71M7.79M-677K617K7.33M-6.49M
Net Change in Cash
221.41K▲ 0%
-946.83K▼ 527.6%
203.86M▲ 21631.2%
-162.54M▼ 179.7%
30.87M▲ 119.0%
22.09M▼ 28.4%
-57.34M▼ 359.5%
-37.69M▲ 0%
Free Cash Flow
-5.46M▲ 0%
-12.94M▼ 137.0%
-22.61M▼ 74.7%
-73.46M▼ 224.9%
-63.88M▲ 13.0%
-87.64M▼ 37.2%
-2.34M▲ 97.3%
-98.71M▲ 0%
FCF Margin %--1887.19%-1432.76%-3981.46%-843.23%-593.75%-8.48%-409.18%
FCF Growth %--137%-74.74%-224.91%13.05%-37.21%97.33%-24.98%
FCF per Share-0.40-0.76-1.51-5.26-3.88-3.40-0.03-0.03
FCF Conversion (FCF/Net Income)0.71x0.41x0.49x8.63x0.48x0.20x-0.12x22.96x
Interest Paid0795.36K000003.74M
Taxes Paid00000000

SKYH Key Ratios

Sky Harbour Group Corporation (SKYH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
Return on Equity (ROE)-4.47%-14.46%-3.76%-14.03%-30.97%11.34%-2.68%
Return on Invested Capital (ROIC)-1.58%-3.98%-4.67%-4.08%-4.06%0.41%0.41%
Gross Margin-183.15%-219.46%-211.17%5.37%38.22%37.35%30.29%
Net Margin-369.86%-862.48%-172.57%-213.56%-306.42%68.33%-17.82%
Debt / Equity0.49x3.13x2.19x1.82x2.02x-2.11x
Interest Coverage-5.29x-10.52x--31.41x-28.55x1.18x-13.43x
FCF Conversion0.41x0.49x8.63x0.48x0.20x-0.12x22.96x
Revenue Growth-130.16%16.92%310.57%94.86%86.57%95.23%

SKYH SEC Filings & Documents

Sky Harbour Group Corporation (SKYH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 19, 2026·SEC

Material company update

Feb 18, 2026·SEC

Material company update

Feb 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 19, 2026·SEC

FY 2025

Mar 27, 2025·SEC

FY 2024

Mar 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 12, 2025·SEC

FY 2025

Aug 12, 2025·SEC

FY 2025

May 13, 2025·SEC

SKYH Frequently Asked Questions

Sky Harbour Group Corporation (SKYH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Sky Harbour Group Corporation (SKYH) reported $24.1M in revenue for fiscal year 2025.

Sky Harbour Group Corporation (SKYH) grew revenue by 86.6% over the past year. This is strong growth.

Sky Harbour Group Corporation (SKYH) reported a net loss of $4.3M for fiscal year 2025.

Dividend & Returns

Sky Harbour Group Corporation (SKYH) has a return on equity (ROE) of 11.3%. This is reasonable for most industries.

Sky Harbour Group Corporation (SKYH) had negative free cash flow of $98.7M in fiscal year 2025, likely due to heavy capital investments.

Explore More SKYH

Sky Harbour Group Corporation (SKYH) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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