Sky Quarry (SKYQ) Financial Statements & Analysis

Sky Quarry (SKYQ) Income Statement

Sky Quarry reported revenue of $12.49M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 46.5% from $23.36M a year earlier. Sky Quarry posted a net loss of $12.20M, compared with a net loss of $14.73M a year earlier. Gross margin was -24.8% and operating margin -73.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $219.62B, up 4835733.0% from the same quarter a year earlier.

Sky Quarry Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Sky Quarry Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	12.49	23.36	23.36	50.73	16.29	0.06	0.10
Cost of Revenue	15.59	24.76	24.76	48.39	12.80	0.63	-
Gross Profit	-3.10	-1.40	-1.40	2.34	3.49	-0.57	0.10
Operating Expenses
Research & Development	0.00	0.23	0.23	0.36	0.00	-	0.00
Selling, General & Administrative	6.12	5.98	5.98	3.31	4.97	0.87	0.35
Operating Expenses	6.13	6.13	5.99	3.71	4.97	0.87	0.35
Operating Income	-9.22	-7.52	-7.38	-1.37	-1.48	-1.44	-0.25
Other Income/Expense
Interest Income	0.00	-0.14	-	0.00	0.00	-	-
Interest Expense	3.16	6.52	6.52	3.64	2.31	-0.21	-0.06
Other Income/Expense	0.21	-7.21	-0.69	-3.25	-2.30	-	-
Income
Income Before Tax	-12.20	-14.73	-14.73	-4.62	-3.79	-1.65	-0.32
Income Tax Expense	0.00	0.00	-	-0.19	-1.07	-0.03	-
Net Income	-12.20	-14.73	-14.73	-4.44	-2.71	-1.61	-0.32
Net Income - Continuous Operations	-12.20	-14.73	-14.73	-4.44	-2.71	-	-
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-7.76	-7.33	-7.33	-0.38	-1.32	-	-
EBIT	-9.04	-	-8.21	-1.37	-1.48	-1.44	-0.25
Depreciation & Amortization	0.01	0.88	0.01	0.60	0.17	-	-
Earnings Per Share
Basic EPS	-1.00	-6.00	-1.00	-2.00	-1.00	-1.00	-
Diluted EPS	-1.00	-6.00	-1.00	-2.00	-1.00	-	-
Basic Shares Outstanding	22.13	2.38	19.03	2.46	2.38	1.42	8.96
Diluted Shares Outstanding	22.13	2.38	19.03	2.46	2.38	1.42	8.96

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Sky Quarry Financial Statements

What was Sky Quarry's revenue in fiscal 2025?

Sky Quarry reported revenue of $12.49M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 46.5% from $23.36M a year earlier.

Is Sky Quarry profitable?

No. Sky Quarry reported a net loss of $12.20M in fiscal 2025. In fiscal 2024 it lost $14.73M.

What is Sky Quarry's operating margin?

Sky Quarry's operating income was −$9.22M on revenue of $12.49M in fiscal 2025, an operating margin of -73.9%, compared with -32.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition