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Sky Quarry Inc.(SKYQ)Earnings, Financials & Key Ratios
SKYQ•NASDAQ
Price updated Jun 19, 2026
AboutSky 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 heavy oil into diesel and other petroleum products; and exploration and development of oil sand properties. The company was formerly known as Recoteq Inc. and changed its name to Sky Quarry Inc. in April 2020. Sky Quarry Inc. was incorporated in 2019 and is headquartered in Woods Cross, Utah.Show more
- Revenue$12M-46.5%
- EBITDA-$8M-19.8%
- Net Income-$12M+17.2%
- EPS (Diluted)-4.41+28.4%
- Gross Margin-25.51%-327.2%
- EBITDA Margin-63.68%-124.1%
- Operating Margin-73.85%-129.4%
- Net Margin-97.66%-54.9%
- ROE-166.13%-38.7%
SKYQ Key Insights
Sky Quarry Inc. (SKYQ) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 1.0x book value
✗Weaknesses
- ✗High debt to equity ratio of 3.1x
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 16.3% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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SKYQ Price & Volume
Sky Quarry Inc. (SKYQ) stock price & volume — 10-year historical chart
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SKYQ Growth Metrics
Sky Quarry Inc. (SKYQ) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-8.47%
TTM-67.15%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM28.05%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM40.54%
Return on Capital
10 Years-41.5%
5 Years-41.5%
3 Years-52.55%
Last Year-98.97%
SKYQ Recent Earnings
Sky Quarry Inc. (SKYQ) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2026Latest
May 15, 2026Metric
Actual
Est
EPS
$0.65
—
Rev
$383
—
Q2 2026
Mar 31, 2026Metric
Actual
Est
EPS
$0.90
—
Rev
$279,687
—
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$0.17
—
Rev
$1M
—
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$0.09
—
Rev
$5M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 15, 2026 | $0.65 | $383 |
| Q2 2026 | Mar 31, 2026 | $0.90 | $279,687 |
| Q4 2025 | Nov 14, 2025 | $0.17 | $1M |
| Q3 2025 | Aug 14, 2025 | $0.09 | $5M |
Based on last 11 quarters of dataView full earnings history →
SKYQ Peer Comparison
Sky Quarry Inc. (SKYQ) competitors in Specialty refining, recycling and remediation — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLNE | 409.62M | 1.86 | -1.84 | 2.56% | -22.65% | -17.17% | 0.18 | |
 PARR | 2.52B | 50.89 | 7.11 | -6.39% | 6.02% | 32.17% | 0.90 | |
 DINO | 11.63B | 64.50 | 20.74 | -5.99% | 4.46% | 13.02% | 0.35 | |
 CVI | 2.75B | 27.40 | 101.48 | -5.89% | -0.56% | -5.03% | 2.04 | |
 CLMT | 2.84B | 32.64 | -83.69 | -1.25% | -4.52% | |||
 USAC | 3.03B | 25.06 | 29.48 | 5.01% | 11.91% | 6.51% | ||
 SLB | 72.19B | 48.09 | 20.46 | -1.6% | 9.38% | 13.88% | 0.45 | |
 HAL | 29.17B | 34.93 | 23.29 | -3.31% | 6.95% | 14.59% | 0.77 |
Compare SKYQ vs Peers
Sky Quarry Inc. (SKYQ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SKYQ Income Statement
Sky Quarry Inc. (SKYQ) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|
Sales/Revenue | 16.29M | 50.73M | 23.36M | 12.49M | 6.16M |
Revenue Growth % | - | 211.48% | -53.95% | -46.54% | -67.15% |
Cost of Goods Sold | 12.8M | 48.39M | 24.76M | 15.68M | 8.98M |
COGS % of Revenue | 78.57% | 95.39% | 105.97% | 125.51% | - |
Gross Profit | 3.49M▲ 0% | 2.34M▼ 33.0% | -1.4M▼ 159.6% | -3.19M▼ 128.4% | -2.82M▲ 0% |
Gross Margin % | 21.43% | 4.61% | -5.97% | -25.51% | -45.82% |
Gross Profit Growth % | - | -32.97% | -159.63% | -128.39% | - |
Operating Expenses | 4.97M | 3.71M | 6.13M | 6.04M | 5.36M |
OpEx % of Revenue | 30.53% | 7.31% | 26.23% | 48.34% | - |
Selling, General & Admin | 4.97M | 3.31M | 5.98M | 6.14M | 5.41M |
SG&A % of Revenue | 30.53% | 6.52% | 25.59% | 49.16% | - |
Research & Development | 0 | 363.44K | 231.74K | 0 | 0 |
R&D % of Revenue | - | 0.72% | 0.99% | - | - |
Other Operating Expenses | 0 | 35.79K | -83.14K | -102.12K | -48.6K |
Operating Income | -1.48M▲ 0% | -1.37M▲ 7.7% | -7.52M▼ 450.0% | -9.22M▼ 22.6% | -8.19M▲ 0% |
Operating Margin % | -9.1% | -2.7% | -32.2% | -73.85% | -132.92% |
Operating Income Growth % | - | 7.67% | -449.99% | -22.62% | - |
EBITDA | -1.32M | -765.32K | -6.64M | -7.95M | -6.89M |
EBITDA Margin % | -8.08% | -1.51% | -28.41% | -63.68% | -111.92% |
EBITDA Growth % | - | 41.86% | -767.45% | -19.81% | 15.96% |
D&A (Non-Cash Add-back) | 165.13K | 602.56K | 884.44K | 1.27M | 1.29M |
EBIT | -1.48M | -982.49K | -8.21M | -9.22M | -8.51M |
Net Interest Income | -2.31M | -3.64M | -6.66M | -3.19M | -2.63M |
Interest Income | 0 | 0 | -142.71K | 0 | 0 |
Interest Expense | 2.31M | 3.64M | 6.52M | 3.19M | 2.63M |
Other Income/Expense | -2.3M | -3.25M | -7.21M | -2.97M | -3M |
Pretax Income | -3.79M▲ 0% | -4.62M▼ 22.1% | -14.73M▼ 218.7% | -12.2M▲ 17.2% | -11.18M▲ 0% |
Pretax Margin % | -23.25% | -9.11% | -63.04% | -97.66% | -181.62% |
Income Tax | -1.07M | -185.53K | 0 | 0 | 0 |
Effective Tax Rate % | 28.32% | 4.01% | 0% | 0% | 0% |
Net Income | -2.71M▲ 0% | -4.44M▼ 63.5% | -14.73M▼ 232.0% | -12.2M▲ 17.2% | -11.18M▲ 0% |
Net Margin % | -16.66% | -8.74% | -63.04% | -97.66% | -181.62% |
Net Income Growth % | - | -63.45% | -231.99% | 17.18% | 28.05% |
Net Income (Continuing) | -2.71M | -4.44M | -14.73M | -12.2M | -11.18M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -1.12▲ 0% | -1.84▼ 64.3% | -6.16▼ 234.8% | -4.41▲ 28.4% | -3.12▲ 0% |
EPS Growth % | - | -64.29% | -234.78% | 28.41% | 40.54% |
EPS (Basic) | -1.12 | -1.84 | -6.16 | -4.41 | - |
Diluted Shares Outstanding | 2.38M | 2.46M | 2.38M | 2.77M | 3.58M |
Basic Shares Outstanding | 2.38M | 2.46M | 2.38M | 2.77M | 3.58M |
Dividend Payout Ratio | - | - | - | - | - |
SKYQ Balance Sheet
Sky Quarry Inc. (SKYQ) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|
Total Current Assets | 8.52M | 6.4M | 5M | 1.33M | 1.27M |
Cash & Short-Term Investments | 572.2K | 326.82K | 385.12K | 35.37K | 66.83K |
Cash Only | 572.2K | 326.82K | 385.12K | 35.37K | 66.83K |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 4.24M | 3.52M | 1.12M | 4.69K | 0 |
Days Sales Outstanding | 94.95 | 25.31 | 17.56 | 0.14 | 12.32 |
Inventory | 3.44M | 2.44M | 3.15M | 678.37K | 654.91K |
Days Inventory Outstanding | 98.17 | 18.38 | 46.43 | 15.79 | 47.61 |
Other Current Assets | 269.5K | 114.39K | 339.12K | 609.26K | 544.22K |
Total Non-Current Assets | 18.33M | 21.78M | 21.95M | 17.89M | 18.05M |
Property, Plant & Equipment | 13.3M | 14.22M | 15.81M | 5.12M | 5.28M |
Fixed Asset Turnover | 1.22x | 3.57x | 1.48x | 2.44x | 0.61x |
Goodwill | 3.21M | 3.21M | 3.21M | 3.21M | 3.21M |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 782.37K | 0 | 2.93M | 770.34K | 3.16M |
Other Non-Current Assets | 0 | 4.35M | 0 | 7.79M | 8.78M |
Total Assets | 26.85M▲ 0% | 28.18M▲ 4.9% | 26.95M▼ 4.4% | 19.21M▼ 28.7% | 19.31M▲ 0% |
Asset Turnover | 0.61x | 1.80x | 0.87x | 0.65x | 0.30x |
Asset Growth % | - | 4.94% | -4.36% | -28.69% | -88.61% |
Total Current Liabilities | 9.11M | 12.87M | 12.4M | 15.12M | 16.4M |
Accounts Payable | 5.23M | 4.75M | 2.78M | 2.67M | 3.63M |
Days Payables Outstanding | 149.1 | 35.86 | 40.95 | 62.13 | 111.38 |
Short-Term Debt | 3.17M | 7.9M | 7.84M | 9.02M | 8.98M |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 700.07K | 0 | 459.07K | 3.43M | 3.78M |
Current Ratio | 0.93x | 0.50x | 0.40x | 0.09x | 0.08x |
Quick Ratio | 0.56x | 0.31x | 0.15x | 0.04x | 0.04x |
Cash Conversion Cycle | 44.02 | 7.83 | 23.03 | -46.2 | -51.45 |
Total Non-Current Liabilities | 1.36M | 2.22M | 3.05M | 907.08K | 917.61K |
Long-Term Debt | 133.51K | 2.1M | 2M | 907.08K | 917.61K |
Capital Lease Obligations | 0 | 116.25K | 1.05M | 0 | 966.66K |
Deferred Tax Liabilities | 1.23M | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 10.47M | 15.09M | 15.45M | 16.03M | 17.31M |
Total Debt | 3.3M | 10.18M | 10.94M | 9.93M | 9.9M |
Net Debt | 2.73M | 9.86M | 10.56M | 9.9M | 9.83M |
Debt / Equity | 0.20x | 0.78x | 0.95x | 3.12x | 4.95x |
Debt / EBITDA | - | - | - | - | -1.44x |
Net Debt / EBITDA | - | - | - | - | -1.43x |
Interest Coverage | -0.64x | -0.27x | -1.26x | -2.89x | -3.24x |
Total Equity | 16.38M▲ 0% | 13.09M▼ 20.1% | 11.5M▼ 12.1% | 3.19M▼ 72.3% | 2M▲ 0% |
Equity Growth % | - | -20.08% | -12.15% | -72.28% | -207.87% |
Book Value per Share | 6.89 | 5.32 | 4.83 | 1.15 | 0.56 |
Total Shareholders' Equity | 16.38M | 13.09M | 11.5M | 3.19M | 2M |
Common Stock | 4.87K | 1.63K | 1.9K | 2.59K | 3.01K |
Retained Earnings | -4.8M | -9.24M | -23.97M | -36.17M | -38.49M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -177.32K | -201.5K | -209.71K | -212.79K | -212.79K |
Minority Interest | 0 | 0 | 0 | 0 | 0 |
SKYQ Cash Flow Statement
Sky Quarry Inc. (SKYQ) cash flow — operating, investing & free cash flow history
| Metric | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|
Cash from Operations | -2.72M | -376.06K | -7.49M | -3.27M | -1.9M |
Operating CF Margin % | -16.68% | -0.74% | -32.06% | -26.2% | - |
Operating CF Growth % | - | 86.15% | -1892.11% | 56.31% | 352.47% |
Net Income | -2.71M | -4.44M | -14.73M | -12.2M | -11.18M |
Depreciation & Amortization | 165.13K | 602.56K | 884.44K | 1.27M | 1.29M |
Stock-Based Compensation | 209.13K | 634.78K | 632.21K | 659.13K | 667.71K |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 153.42K | 2.21M | 5.19M | 1.21M | 915.19K |
Working Capital Changes | -529.66K | 613.93K | 529.2K | 5.78M | 6.41M |
Change in Receivables | -56.5K | 719.6K | 2.39M | 1.12M | 1.76M |
Change in Inventory | -225.41K | 1M | -712.05K | 2.47M | 1.45M |
Change in Payables | 0 | 0 | 0 | 2.35M | 2M |
Cash from Investing | -9.27M | -731.94K | -1.48M | -368.06K | -495.23K |
Capital Expenditures | -5.28M | -1.69M | -1.48M | -133.64K | -246.75K |
CapEx % of Revenue | 32.39% | 3.34% | 6.34% | 1.07% | 4.01% |
Acquisitions | -4M | 0 | 0 | 0 | -14.06K |
Investments | - | - | - | - | - |
Other Investing | 0 | 961.4K | 0 | -234.42K | -234.42K |
Cash from Financing | 11.68M | 4.46M | 7.62M | 1.13M | 2.22M |
Debt Issued (Net) | -4.45M | 7.91M | 11.96M | 1.13M | 340.97K |
Equity Issued (Net) | 16.13M | 614.8K | 308K | 374 | 748.35K |
Dividends Paid | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 |
Other Financing | 0 | -4.06M | -4.65M | 0 | 1.13M |
Net Change in Cash | -413.16K▲ 0% | 3.33M▲ 905.1% | -1.37M▼ 141.1% | -2.51M▼ 83.7% | -141.78K▲ 0% |
Free Cash Flow | -7.99M▲ 0% | -2.07M▲ 74.1% | -8.97M▼ 333.6% | -3.41M▲ 62.0% | -2.14M▲ 0% |
FCF Margin % | -49.07% | -4.08% | -38.4% | -27.27% | -34.83% |
FCF Growth % | - | 74.11% | -333.6% | 62.04% | 77.69% |
FCF per Share | -3.36 | -0.84 | -3.77 | -1.23 | -0.60 |
FCF Conversion (FCF/Net Income) | 1.00x | 0.08x | 0.51x | 0.27x | 0.19x |
Interest Paid | 0 | 3.53M | 6.52M | 0 | 0 |
Taxes Paid | 0 | 85 | 0 | 0 | 0 |
SKYQ Key Ratios
Sky Quarry Inc. (SKYQ) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|
Return on Equity (ROE) | -30.11% | -119.81% | -166.13% | -241.69% |
Return on Invested Capital (ROIC) | -4.88% | -25.08% | -39.38% | -41.87% |
Gross Margin | 4.61% | -5.97% | -25.51% | -45.82% |
Net Margin | -8.74% | -63.04% | -97.66% | -181.62% |
Debt / Equity | 0.78x | 0.95x | 3.12x | 4.95x |
Interest Coverage | -0.27x | -1.26x | -2.89x | -3.24x |
FCF Conversion | 0.08x | 0.51x | 0.27x | 0.19x |
Revenue Growth | 211.48% | -53.95% | -46.54% | -67.15% |
Related:SKYQ Dividend History·SKYQ Revenue History·SKYQ Price History·SKYQ P/E History·SKYQ Financial Ratios·SKYQ Institutional Holders
SKYQ SEC Filings & Documents
Sky Quarry Inc. (SKYQ) SEC filings — annual & quarterly reports (10-K, 10-Q)
SKYQ Frequently Asked Questions
Sky Quarry Inc. (SKYQ) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Sky Quarry Inc. (SKYQ) reported $6.2M in revenue for fiscal year 2025. This represents a 62% decrease from $16.3M in 2022.
Sky Quarry Inc. (SKYQ) saw revenue decline by 46.5% over the past year.
Sky Quarry Inc. (SKYQ) reported a net loss of $11.2M for fiscal year 2025.
Dividend & Returns
Sky Quarry Inc. (SKYQ) has a return on equity (ROE) of -166.1%. Negative ROE indicates the company is unprofitable.
Sky Quarry Inc. (SKYQ) had negative free cash flow of $2.1M in fiscal year 2025, likely due to heavy capital investments.