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Sky Harbour Group Earnings Calls
| Release date | May 14, 2026 |
| EPS estimate | -$0.190 |
| EPS actual | -$0.160 |
| EPS Surprise | 15.79% |
| Revenue estimate | 9.963M |
| Revenue actual | 8.725M |
| Revenue Surprise | -12.42% |
| Release date | Mar 19, 2026 |
| EPS estimate | -$0.150 |
| EPS actual | $0.250 |
| EPS Surprise | 266.67% |
| Revenue estimate | 8.517M |
| Revenue actual | 8.01M |
| Revenue Surprise | -5.95% |
| Release date | Nov 12, 2025 |
| EPS estimate | -$0.100 |
| EPS actual | -$0.0600 |
| EPS Surprise | 40.00% |
| Revenue estimate | 8.707M |
| Revenue actual | 7.302M |
| Revenue Surprise | -16.14% |
| Release date | Aug 12, 2025 |
| EPS estimate | -$0.120 |
| EPS actual | -$0.100 |
| EPS Surprise | 16.67% |
| Revenue estimate | 8.494M |
| Revenue actual | 6.588M |
| Revenue Surprise | -22.44% |
Last 4 Quarters for Sky Harbour Group
Below you can see how SKYH performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Aug 12, 2025 |
| Price on release | $10.95 |
| EPS estimate | -$0.120 |
| EPS actual | -$0.100 |
| EPS surprise | 16.67% |
| Date | Price |
|---|---|
| Aug 06, 2025 | $9.91 |
| Aug 07, 2025 | $10.36 |
| Aug 08, 2025 | $10.36 |
| Aug 11, 2025 | $10.95 |
| Aug 12, 2025 | $10.95 |
| Aug 13, 2025 | $10.55 |
| Aug 14, 2025 | $10.70 |
| Aug 15, 2025 | $10.27 |
| Aug 18, 2025 | $10.32 |
| 4 days before | 10.49% |
| 4 days after | -5.75% |
| On release day | -3.65% |
| Change in period | 4.14% |
| Release date | Nov 12, 2025 |
| Price on release | $9.85 |
| EPS estimate | -$0.100 |
| EPS actual | -$0.0600 |
| EPS surprise | 40.00% |
| Date | Price |
|---|---|
| Nov 06, 2025 | $9.60 |
| Nov 07, 2025 | $9.61 |
| Nov 10, 2025 | $9.61 |
| Nov 11, 2025 | $9.75 |
| Nov 12, 2025 | $9.85 |
| Nov 13, 2025 | $9.72 |
| Nov 14, 2025 | $9.57 |
| Nov 17, 2025 | $8.97 |
| Nov 18, 2025 | $8.92 |
| 4 days before | 2.60% |
| 4 days after | -9.44% |
| On release day | -1.32% |
| Change in period | -7.08% |
| Release date | Mar 19, 2026 |
| Price on release | $9.47 |
| EPS estimate | -$0.150 |
| EPS actual | $0.250 |
| EPS surprise | 266.67% |
| Date | Price |
|---|---|
| Mar 13, 2026 | $9.00 |
| Mar 16, 2026 | $9.32 |
| Mar 17, 2026 | $9.55 |
| Mar 18, 2026 | $9.59 |
| Mar 19, 2026 | $9.47 |
| Mar 20, 2026 | $9.45 |
| Mar 23, 2026 | $9.80 |
| Mar 24, 2026 | $10.08 |
| Mar 25, 2026 | $9.87 |
| 4 days before | 5.22% |
| 4 days after | 4.22% |
| On release day | -0.211% |
| Change in period | 9.67% |
| Release date | May 14, 2026 |
| Price on release | $9.46 |
| EPS estimate | -$0.190 |
| EPS actual | -$0.160 |
| EPS surprise | 15.79% |
| Date | Price |
|---|---|
| May 08, 2026 | $9.93 |
| May 11, 2026 | $9.74 |
| May 12, 2026 | $9.60 |
| May 13, 2026 | $9.43 |
| May 14, 2026 | $9.46 |
| May 15, 2026 | $8.67 |
| May 18, 2026 | $9.38 |
| May 19, 2026 | $8.97 |
| May 20, 2026 | $8.88 |
| 4 days before | -4.73% |
| 4 days after | -6.13% |
| On release day | -8.35% |
| Change in period | -10.57% |
Sky Harbour Group Earnings Call Transcript Summary of Q1 2026
Key points for investors:
- Strong development momentum: Assets under construction/completed reached >$352M (up $75M YoY). Company is managing an accelerated pace of new construction with major Phase 2 deliveries (Opa Locka Phase 2 opened; Addison Phase 2 expected early 2027) driving step-function revenue growth.
- Revenue and leasing: Consolidated revenues rose 56% YoY and 8% sequentially. Obligated Group revenues rose 76% YoY and 15% sequentially. Pre-leasing strategy showing early success (Miami Phase 2 opened 68% leased). Re-leases have averaged ~23% step-ups over prior rents, supporting pricing power.
- Guidance: Sky Harbour provided 2026 run-rate guidance (revenues $42M–$46M annualized; adjusted EBITDA $4M–$6M annualized). Guidance excludes contributions from Bradley and Addison Phase 2 openings at year-end.
- Operating leverage: Management expects material gross profit/EBITDA margin expansion as newly opened Phase 2 campuses scale using the same personnel/equipment. Cash-flow breakeven at operating level has been reached on a normalized basis.
- Construction/operations: Ascend integrated construction program (prototyping, in-house A/E, manufacturing, growing GC capability) is enabling on-time/on-budget delivery and greater parallel processing. Reported current GMPs around $244/sq ft (prior ~$253), and management is focused on driving further cost reductions to expand addressable markets.
- Liquidity and capital: $368M of available resources (including $187M cash/treasuries) and $181M undrawn capacity on a $200M JPMorgan facility. Management says the company is fully funded to double in size without additional capital and will remain deliberate about raising capital.
- Expenses & seasonality: OpEx increased with new campus openings (partly driven by noncash ground-lease accruals). Q1 cash used in operations typically higher due to seasonality (bonuses, salary increases) and a prior-quarter nonrecurring $5.9M prepaid rent impacted comparatives.
- Strategic focus: Prioritizing Tier 1 and high-NOI site expansions and same-field expansions (Miami, Dallas/Stewart) rather than simply adding dots on the map. Continued emphasis on safety/service and measured team growth to support lease-up and operations.
Risks/notes: Forward-looking comments include typical caveats; guidance is limited to 2026 revenues/adjusted EBITDA and excludes certain year-end openings. Investors should monitor 2027–2028 for the larger step-up in cash flows as more projects come online.
