Sky Harbour Group Corp

Sky Harbour reported for Q2 2026 an adjusted loss of $0.04 per share (expected -$0.15) and revenue of $9.86 million, with both metrics above forecasts. The company generated positive operating cash flow for the first time of roughly $0.5 million and held more than $207 million in cash and U.S. Treasuries. The value of assets under construction and completed facilities rose to $393 million; management reaffirmed the outlook for 2026 and expects a rising run‑rate in revenue and EBITDA. Risks remain from ongoing losses, high leverage, potential dilution and variable lease‑up speed at individual locations. » More on de.investing.com

Sky Harbour reported Q1 2026 loss per share of -$0.16 (expectation -$0.07) and revenue of $8.72 million (forecast $9.78 million). Despite a 56% year‑over‑year revenue increase, results lagged estimates. The company reported normalized operating cash flow at breakeven, issued a conservative outlook with a run‑rate of $42–46 million and adjusted EBITDA of $4–6 million by the end of 2026, and is targeting cash‑flow generation in 2027–2028. The stock reacted slightly positively after the close, finishing at $9.43. » More on de.investing.com

Sky Harbour increased consolidated revenue in the first quarter by 56% versus Q1 2025 and by 8.3% versus the prior quarter; the last twelve months show revenue up 86.6%. The company now expects an annualized revenue run rate of $42–46 million by year-end (Q1: $34.9 million) and targets an adjusted EBITDA run rate of $4–6 million, compared with -$6.0 million in the quarter. Consolidated cash and U.S. Treasuries totaled $187.6 million, and the company has access to a construction loan facility of $180.6 million; total debt amounts to $373.6 million (debt/equity 2.92). Despite revenue growth, InvestingPro assigns a Financial Health Score of 1.57 (weak), and consolidated operating cash flow was -$3.9 million in the quarter, while Sky Harbour Capital LLC generated positive operating cash flow of $2.9 million. » More on de.investing.com