What is SkyWater Technology, Inc.'s market cap?

SkyWater Technology, Inc. (SKYT) has a market capitalization of $1.6B and trades on NASDAQ.

What is SkyWater Technology, Inc.'s revenue and profitability?

SkyWater Technology, Inc. generated $541.5M in trailing twelve-month revenue with net income of $121.7M, representing a net margin of 22.5%. Gross margin stands at 19.4%, with free cash flow of -$75.6M. These figures are based on the Q1 2026 filing.

Who are SkyWater Technology, Inc.'s competitors?

SkyWater Technology, Inc.'s key competitors include GlobalFoundries Inc., Tower Semiconductor Ltd., Amkor Technology Inc, and others. These companies compete in similar markets and product categories.

Who does SkyWater Technology, Inc. partner with?

SkyWater Technology, Inc.'s notable partners include Oxbow Industries, LLC.

Where is SkyWater Technology, Inc. headquartered?

SkyWater Technology, Inc. is headquartered in United States of America and employs approximately 731 people. It has been publicly traded since 2021.

SkyWater Technology, Inc.

SKYT

SkyWater Technology is a U.S.-based, independent semiconductor foundry specializing in foundational-node manufacturing and advanced technology development.

Market cap

$1.55B+239%

Revenue$541.5M+67.2%

Net income$121.7M+1,548%

Free cash flow-$75.6M-241%

EPS (diluted)$2.49+1,565%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q4 2025 report

February 25, 2026

Revenue$171.0MBeat by $10.9M EPS-$0.03Miss by $0.02

Read the full report

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$146.5M

EPS estimate-$0.07

Financials

Q1 2026

Income statement

See full

Revenue$160.7M+162%

Gross profit$32.2M+126%

Operating income-$5.3M-31.2%

Net income-$12.3M-67.6%

EPS (diluted)-$0.25-66.7%

Balance sheet

See full

Cash & equivalents$22.2M-56.6%

Total debt$231.1M+263%

Total equity$180.2M+237%

Total assets$732.9M+124%

Cash flow

See full

Operating cash flow$27.9M-50.1%

CapEx$9.1M-38.7%

Free cash flow$18.9M-54.2%

Valuation & ratios

Valuation

See full

Market cap$1.55B+239%

Enterprise value$1.76B+239%

P/E12.8×—

P/S2.9×+1.1×

Profitability

See full

Gross margin19.4%-2.5pp

Operating margin-0.7%-2.2pp

Net margin22.5%+20.4pp

FCF margin-14%—

Returns & leverage

See full

Return on equity104.2%+91.9pp

Debt / equity1.3×+0.1×

Current ratio0.5×-0.7×

Segments

By product

See full

Wafer Services$95.8M+1,173%

Time-and-materials and cost-plus-fixed-fee contracts$27.9M-24.7%

Fixed price contracts$27.0M+89.0%

Tools$9.9M+702%

By segment

See full

SkyWater Texas$86.3M—

Legacy SkyWater$74.4M—

Competitors

By market cap

Applied Materials$410.39B+169%

GlobalFoundries$29.2B+29.3%

Tower Semiconductor$25.3B+372%

Amkor Technology$15.0B+187%

TTM Technologies$12.8B+175%

Enpro$7.0B+56.1%

SkyWater Technology, Inc.$1.6B+210%

CSP$80.6M-28.0%

By revenue growth

SkyWater Technology, Inc.+67.2%

TTM Technologies+23.1%

Amkor Technology+17.9%

Enpro+10.2%

CSP+5.5%

Applied Materials+3.3%

By net margin

Applied Materials29.31%+5.3pp

SkyWater Technology, Inc.22.48%+25.1pp

Enpro7.81%+1.7pp

Amkor Technology7.45%+2.6pp

TTM Technologies6.29%+3.2pp

CSP-0.173%+2.5pp

Profile

SkyWater Technology is a U.S.-based, independent semiconductor foundry specializing in foundational-node manufacturing and advanced technology development. The company provides a domestic, secure supply chain for specialized semiconductor technologies, offering an integrated model that transitions products from engineering development to volume production. Their value proposition centers on high-reliability manufacturing, long product life cycles, and close engineering collaboration for both commercial and government applications.

Competitive position

SkyWater is a leading independent domestic foundry focused on secure, specialized technology development rather than high-volume commodity chips.

GeographiesUnited States

Customer segmentsU.S. Government, Aerospace and Defense, Automotive, Industrial, Medical

Business modelPure-play Foundry, Contract Manufacturing, Engineering Services

SuppliersSilicon Wafer Suppliers, Semiconductor Equipment Manufacturers, Specialty Chemical Providers, Electronic Design Automation (EDA) Software

CustomersFabless Semiconductor Companies, Integrated Device Manufacturers (IDMs), Department of Defense, Original Equipment Manufacturers (OEMs)

CountryUnited States of America

Listed2021

Employees731.0

CEOThomas J. Sonderman

SectorTechnology

IndustrySemiconductors

Websiteskywatertechnology.com

FilingsSEC EDGAR

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Questions, answered.

What is SkyWater Technology, Inc.'s market cap?: SkyWater Technology, Inc. (SKYT) has a market capitalization of $1.6B and trades on NASDAQ.
What is SkyWater Technology, Inc.'s revenue and profitability?: SkyWater Technology, Inc. generated $541.5M in trailing twelve-month revenue with net income of $121.7M, representing a net margin of 22.5%. Gross margin stands at 19.4%, with free cash flow of -$75.6M. These figures are based on the Q1 2026 filing.
Who are SkyWater Technology, Inc.'s competitors?: SkyWater Technology, Inc.'s key competitors include GlobalFoundries Inc., Tower Semiconductor Ltd., Amkor Technology Inc, and others. These companies compete in similar markets and product categories.
Who does SkyWater Technology, Inc. partner with?: SkyWater Technology, Inc.'s notable partners include Oxbow Industries, LLC.
Where is SkyWater Technology, Inc. headquartered?: SkyWater Technology, Inc. is headquartered in United States of America and employs approximately 731 people. It has been publicly traded since 2021.