Sky Frontier Foundation reported $37.19 million in net income for Q3 2026, marking the sixth consecutive quarter of positive profitability. Net income rose 11.8% quarter-over-quarter, while profit margin expanded from 31.0% to 37.5%.
Total protocol revenue reached $99.29 million, up 14.2% year-over-year but down 7.4% from Q2. Total expenses declined 16.0% to $62.10 million. Protocol collateral stood at $11.41 billion, up 25.3% year-over-year but down 7.3% quarter-over-quarter. sUSDS supply grew 118% year-over-year to $4.52 billion, though it fell below the previous quarter's $5.52 billion. During the quarter, $28.47 million was transferred to Sky reserves, bringing the end-of-period balance to $85.08 million.
Sky Ecosystem Posts $37.19M Q3 Net Income, Sixth Straight Quarter in the Black
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