SKYX Platforms Corp. reported record 2025 revenue of $92.0 million, representing growth from $86 million in 2024, with fourth-quarter sales reaching $25 million. The company achieved gross profit growth to $28 million while strengthening its financial position with $10 million in cash at year-end and raising an additional $29 million in January 2026. SKYX reduced its operating cash burn and narrowed net loss per share to $0.32, demonstrating improved operational efficiency.
The company's smart home platform gained significant momentum through retail expansion with major partners including Home Depot, Target, Walmart and Lowe's. SKYX expects to deploy over 100,000 units in 2026, indicating substantial market adoption of its smart home technologies. The company's participation in the NVIDIA AI ecosystem represents a strategic collaboration that could enhance its platform capabilities and market positioning. SKYX maintains an extensive intellectual property portfolio with over 100 U.S. and global patents and patent pending applications supporting its technology platform.
SKYX's mission focuses on making homes and buildings safe, advanced and smart as a new standard, similar to how electricity became standard in every structure. The company owns 60 lighting and home decor websites serving both retail and commercial segments, providing additional distribution channels for its products. SKYX emphasizes that its technologies prioritize high quality and ease of use while significantly enhancing safety and lifestyle in residential and commercial buildings. The company believes its products represent a necessity in every room across both U.S. and global markets.
Financial improvements combined with retail expansion and technology collaborations position SKYX toward anticipated growth and a path to cash-flow positivity. The company's progress in reducing losses while expanding market presence suggests strengthening fundamentals in the competitive smart home sector. For additional information about the company, visit https://skyplug.com/. The latest news and updates relating to SKYX are available through the company's newsroom at https://ibn.fm/SKYX.
