Sky Harbour reports 56% revenue growth, issues first guidance targeting profitability by year-end

Filed May 14, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 revenues up 56% year-over-year to $34.9M annualized run rate; operating cash use improved to $3.9M from $5.1M prior year; ended quarter with $187.6M cash plus $180.6M construction facility access

  Item 2.02 verify on EDGAR →
• high

  Introduced first formal guidance: targeting $42-46M annualized revenue run rate and $4-6M positive adjusted EBITDA by year-end 2026, up from negative $6.0M in Q1

  Exhibit 99.1 verify on EDGAR →
• high

  Stabilized campuses reached 103% economic occupancy with revenue per square foot exceeding forecasts; newly opened Miami OPF Phase 2 achieved 68% occupancy within two days at premium rates

  Exhibit 99.1 verify on EDGAR →