Sky Harbour FY2025 rental revenue rose 70% to USD 21.59 million

Reuters03-20

<a href="https://laohu8.com/S/SKYH">Sky Harbour</a> FY2025 rental revenue rose 70% to USD 21.59 million

Sky Harbour published its annual report (Form 10-K) reporting total revenue of USD 27.54 million, up 86.57%.
Rental revenue was USD 21.59 million, up 70%, driven by a full year of operations at CMA, higher occupancy at BNA/OPF/SJC, and the start of operations at DVT/ADS/APA.
Fuel revenue was USD 5.95 million, up 189%, primarily reflecting higher fuel sales at CMA/ADS/APA where fuel revenue and expenses are recognized on a gross basis.
Net income was USD 7.32 million, while operating loss widened to USD 28.03 million; adjusted EBITDA was a loss of USD 9.64 million.
Ground lease expense rose 57% to USD 13.46 million, and the company highlighted a USD 150 million Series 2026 bond financing (6.00% coupon) completed in February 2026 to fund construction and related costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sky Harbour Group Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-009045), on March 19, 2026, and is solely responsible for the information contained therein.

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