SKYX Platforms Reports Record 2025 Revenue and Expands Smart Home Market Presence

SKYX Platforms Corp. (NASDAQ: SKYX) reported record 2025 revenue of $92.0 million, representing growth from $86 million in 2024, with fourth-quarter sales reaching $25 million. The company also 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 as it advances toward anticipated growth and a path to cash-flow positivity.

The company highlighted continued momentum across its smart home platform, including significant retail expansion with major home improvement and retail chains. SKYX has established partnerships with Home Depot, Target, Walmart and Lowe's, creating broad distribution channels for its smart home technologies. The company expects to deploy over 100,000 units in 2026, indicating substantial market adoption of its platform. These retail relationships provide SKYX with access to millions of consumers seeking smart home solutions, positioning the company to capitalize on the growing demand for connected home technologies.

SKYX's technological advancements include participation in the NVIDIA AI ecosystem, a collaboration that enhances the company's smart home platform capabilities. This integration with NVIDIA's artificial intelligence technologies allows SKYX to develop more sophisticated and responsive smart home solutions. The company's platform technologies emphasize safety, ease of use, and lifestyle enhancement in homes and buildings, with over 100 U.S. and global patents and patent pending applications supporting its innovative approach. For more information about the company's technologies, visit https://skyplug.com/.

The company's financial performance and strategic initiatives reflect its mission to make homes and buildings safe-advanced and smart as a new standard, similar to how electricity became standard in every home. SKYX owns 60 lighting and home decor websites serving both retail and commercial segments, providing additional channels for product distribution and customer engagement. The combination of strong financial results, expanding retail partnerships, and technological collaborations positions SKYX for continued growth in the competitive smart home market. The latest news and updates relating to SKYX are available in the company's newsroom at https://ibn.fm/SKYX.