Sky Harbour Group Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 10, 2026, reporting total assets of $873,383 thousand and continued operating losses as the company expands its campus construction program.

Key Highlights

  • Total revenue grew to $10,576 thousand for the three months ended September 30, 2026, up from $7,302 thousand in the same period of 2025, according to the filing.
  • Operating loss narrowed to $6,270 thousand for Q3 2026, compared with an operating loss of $7,679 thousand in Q3 2025, as reported in the consolidated statements of operations.
  • Total assets reached $873,383 thousand as of September 30, 2026, rising from $593,176 thousand at December 31, 2025, the filing disclosed.
  • Cost of construction increased to $131,362 thousand as of September 30, 2026, compared with $60,837 thousand at year-end 2025, reflecting continued build-out activity.
  • Bonds payable, net of debt issuance costs and premiums, reached $310,009 thousand as of September 30, 2026, up from $162,815 thousand at December 31, 2025.
  • As of November 4, 2026, shares outstanding were 39,622,045 Class A and 42,046,356 Class B, the cover page of the filing stated.
  • Accumulated deficit stood at $52,661 thousand as of September 30, 2026, versus $45,774 thousand at December 31, 2025.

Sky Harbour's Third-Quarter 2026 Financial Position and Operating Results

According to the filing, Sky Harbour Group Corporation (NYSE:SKYH) reported total revenue of $10,576 thousand for the three months ended September 30, 2026, consisting of rental revenue of $7,640 thousand and fuel revenue of $2,936 thousand. For the nine months ended September 30, 2026, total revenue was $29,156 thousand, compared with $19,483 thousand for the same period in 2025. The company attributed its top-line growth across both rental and fuel categories relative to the prior-year periods.

The filing reported a net loss of $2,819 thousand for Q3 2026, with net loss attributable to Sky Harbour Group Corporation shareholders of $72 thousand, or $0.00 per basic and diluted share. For the nine months ended September 30, 2026, net loss attributable to shareholders was $6,888 thousand, or $0.20 per basic and diluted share. Total expenses for the third quarter were $16,846 thousand, including employee compensation and benefits of $4,655 thousand and ground lease expenses of $3,879 thousand. An unrealized gain on warrants of $4,581 thousand was recorded in Q3 2026 under other income, the filing noted.

On the balance sheet, the company disclosed restricted cash of $112,634 thousand and constructed assets, net of $308,378 thousand as of September 30, 2026, both up substantially from December 31, 2025 levels. Total equity was $211,899 thousand at quarter-end, compared with $171,966 thousand at year-end 2025, with total Sky Harbour Group Corporation stockholders' equity of $176,952 thousand. The company also disclosed loans payable and finance lease liabilities of $95,285 thousand as of September 30, 2026, up from $20,544 thousand at December 31, 2025. During the nine-month period, the company issued shares through its ATM Facility and recorded share-based compensation, as detailed in the consolidated statements of stockholders' equity.

What Was Disclosed

Sky Harbour Group Corporation filed its quarterly report covering the period ended September 30, 2026, disclosing revenue growth, continued operating losses, a significant expansion in construction-related assets and bond obligations, and updated share counts as of November 4, 2026.