SKYX Q2 FY26 net loss narrows 6.82% to $8.2 million; revenue climbs 14% to $25.3 million vs Q1 FY26 - SKYX News | RalliesSKYX Q2 FY26 net loss narrows 6.82% to $8.2 million; revenue climbs 14% to $25.3 million vs Q1 FY26
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SKYX• Q2 FY26 results and cash flow improve
- SKYX Platforms posted Q2 2026 revenue up 14% to $25.3 million from Q1 2026, extending 10 straight YoY growth quarters.
- Net loss narrowed to $8.2 million, improving $0.6 million year over year and $1.1 million sequentially.
- Net loss per share improved to $0.06 from $0.08; cash used in operating activities fell 39% to $3.7 million.
- Cash, cash equivalents and restricted cash rose to $27.7 million at June 30, 2026; interest-bearing debt fell $2 million.
- Management reiterated plans to turn cash-flow positive exiting 2026, citing expanding retail distribution and hotel deployments in Europe.
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