SKYX Platforms Gross Margin Growth & History (SKYX)

SKYX Platforms's gross margin was 30.68% for fiscal 2023.

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SKYX Platforms annual gross margin history

SKYX Platforms annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3130.68%−10.26 pp
20222022-12-3140.94%+23.78 pp
20172017-12-3117.16%+4.63 pp
20162016-12-3112.52%−1.61 pp
20152015-12-3114.13%

SKYX Platforms gross margin trends

Across the available reported history, SKYX Platforms's gross margin decreased from 40.94% to 30.68%, a change of −10.26 percentage points. The latest reported quarter, Q3 2024, shows 30.86%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review SKYX Platforms filings at SEC.gov ↗