SKYX Platforms Corp. (NASDAQ: SKYX) reported third-quarter 2026 revenue of $25.7 million, up 7.4% from $23.9 million a year earlier. The company recorded a net loss of $6.4 million, or $0.05 per basic and diluted share, compared with a net loss of $7.6 million, or $0.07 per share, in the prior-year quarter.
Gross profit rose 11% to $8.1 million, while gross margin reached 31.4%. SKYX completed its merger with Deako on October 13, 2026, after the quarter ended.
- Revenue was $25.66 million for the three months ended September 30, 2026.
- Nine-month revenue totaled $73.03 million, compared with $67.07 million in the comparable 2025 period.
- Cash, cash equivalents and restricted cash totaled $20.93 million at September 30, 2026.
- The combined SKYX and Deako builder pipeline is estimated at approximately 4 million units.
- Three announced builder programs represent more than 210,000 expected units across more than 2,500 homes, with deliveries expected through 2027.
$SKYX Hedge Fund Activity
We have seen 37 institutional investors add shares of $SKYX stock to their portfolio, and 62 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALYESKA INVESTMENT GROUP, L.P. removed 6,133,441 shares (-79.8%) from their portfolio in Q2 2026, for an estimated $6,777,452
- BLACKROCK, INC. removed 3,988,532 shares (-80.0%) from their portfolio in Q2 2026, for an estimated $4,407,327
- WESTERN STANDARD LLC added 3,684,378 shares (+inf%) to their portfolio in Q3 2026, for an estimated $4,237,034
- KANEN WEALTH MANAGEMENT LLC added 693,217 shares (+60.3%) to their portfolio in Q2 2026, for an estimated $766,004
- JANE STREET GROUP, LLC removed 648,799 shares (-65.3%) from their portfolio in Q3 2026, for an estimated $746,118
- MILLENNIUM MANAGEMENT LLC removed 538,561 shares (-33.2%) from their portfolio in Q2 2026, for an estimated $595,109
- RENAISSANCE TECHNOLOGIES LLC removed 501,700 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $576,955
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
