Inferra AI / Company / SKYH

Sky Harbour Group Corp

SKYH · Real Estate

Last earnings Aug 12, 2026

Key results

Revenuequarter

50%

Q2 2026 consolidated revenues increased approximately 50% as compared to Q2 2025 and 13% as compared to Q1 2026.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

Obligated Group revenuequarter

79%

Financial Highlights at Sky Harbour Capital LLC ( Obligated Group ) include: Q2 2026 Obligated Group revenues increased 79% as compared to Q2 2025 and 22% as compared to Q1 2026.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

Revenue per square foot continues to grow as original hangar leases turn over, with an average revenue escalation of 19% upon re-lease for the trailing 12 months as of 8/1/2026 (excluding typical annual escalations of CPI with a floor of 4%).

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

AI analysis

Q2 2026 · reported Aug 12, 2026

Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held

Headline figures

Metric	Q2 2026	Prior qtr	Year ago
Revenue	50%	—	—
Obligated Group revenue	79%	—	—

EX-99 · Aug 12, 2026

Guidance · company-stated

Direction: Reiterated

Company outlook — Reiterated

“1 Sky Harbour Announces Q2 Results and Updates on Leasing, Construction, Funding and Other Activities Reaffirms Guidance for Year End 2026 WEST HARRISON, N.”

Company outlook — Raised

“Forward Looking Statements Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995, including statements about the financial condition, results of operations, earnings outlook and prospects of SHG, including statements regarding our expectations for future results, our expectations for future ground leases, our plans for future capital raising activity, the transactions contemplated by the letter of intent, our expectations on future construction and development activities and lease renewals, and our plans for future financings.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Capex$70M

Debt service coverage tests, calculated as per the Series 2021 bond indenture for the period ending June 30th, 2026, and the next-twelve-months budget, are compliant with all applicable covenant ratios.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Sky Harbour Announces Q2 Results and Updates on Leasing, Construction, Funding and Other Activities Reaffirms Guidance for Year End 2026 WEST

Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Company outlook — Reiterated (“Reaffirms”)
“1 Sky Harbour Announces Q2 Results and Updates on Leasing, Construction, Funding and Other Activities Reaffirms Guidance for Year End 2026 WEST HARRISON, N.”

Company outlook — Raised (“raising”)
“Forward Looking Statements Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995, including statements about the financial condition, results of operations, earnings outlook and prospects of SHG, including statements regarding our expectations for future results, our expectations for future ground leases, our plans for future capital raising activity, the transactions contemplated by the letter of intent, our expectations on future construction and development activities and lease renewals, and our plans for future financings.”

Classified from the release's primary full-year outlook statement.

Capital allocation

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

As of June 30 th , 2026, the Company has drawn nearly $70 million from the JPM Facility for capital expenditures and reimbursement of prior advances related to projects at BDL, SLC and OPF Phase 2.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

The $40 million (raised with minimal transaction costs given existing shelf and without banker fees) will be paired with additional tax-exempt debt to fund approximately 400,000 new square feet of hangar, an accretive exercise for our shareholders.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

The major risks faced by the Company are its future ability to obtain additional tenants for the facilities that it constructs, and to contract with such tenants for rental income in an amount that is sufficient to meet the Company s financial obligations, including increasing construction costs due to inflation and increased borrowing costs to the extent that the Company incurs additional indebtedness.

SEC original ↗Sky Harbour Group Corp — 10-Q Quarterly report10-QAug 12, 2026

Interest, net of the amortization of debt issuance costs and premiums, and net of interest income earned on bond proceeds, is also capitalized until the capital projects are completed.

SEC original ↗Sky Harbour Group Corp — 10-Q Quarterly report10-QAug 12, 2026

As the Company s lease agreements do not provide a readily determinable implicit rate, nor is the rate available to the Company from its lessors, the Company uses its incremental borrowing rate to determine the present value of the lease payments.

SEC original ↗Sky Harbour Group Corp — 10-Q Quarterly report10-QAug 12, 2026

Strategy & priorities

CFO Francisco Gonzalez commented: We welcome two long-term strategic investors to the Sky Harbour shareholder family.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

Key Performance Indicators We use a number of metrics, including annualized revenue run rate per leased rentable square foot, to help us evaluate our business, measure our performance, identify trends affecting our business, formulate business plans, and make strategic decisions.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

Risks & headwinds

The forward-looking statements are based on the current expectations of the management of Sky Harbour Group Corporation (the Company ) as applicable and are inherently subject to uncertainties and changes in circumstances.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.

SEC original ↗Sky Harbour Group Corp — Earnings release (8-K exhibit)EX-99Aug 12, 2026

Legal Proceedings 42 Item 1A.

SEC original ↗Sky Harbour Group Corp — 10-Q Quarterly report10-QAug 12, 2026

Risks and Uncertainties The Company is subject to risks and uncertainties common to early-stage companies.

SEC original ↗Sky Harbour Group Corp — 10-Q Quarterly report10-QAug 12, 2026

Documents

Earnings deck slides

0 decks with slide view

Sky Harbour Group Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors