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SkyWater Technology, Inc. SKYT Accretion of Investment Tax Credits

Accretion of Investment Tax Credits at other companies

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Other financials

Income statement

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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

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Cash & equivalents$22.2M-56.6%
Total debt$231.1M+263%
Total equity$180.2M+237%
Total assets$732.9M+124%

Cash flow

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Operating cash flow$27.9M-50.1%
CapEx$9.1M-38.7%
Free cash flow$18.9M-54.2%

Valuation

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Market cap$1.72B+287%

Profitability

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Gross margin19.4%-2.5pp
Operating margin-0.7%-2.2pp
Net margin22.5%+20.4pp
FCF margin-14%

Returns & leverage

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Return on equity104.2%+91.9pp
Debt / equity1.3×+0.1×
Current ratio0.5×-0.7×

Where this comes from

Reported directly by SkyWater Technology, Inc. in its filing.

Tagged under the XBRL concept skyt:AccretionOfInvestmentTaxCredits.

The official record: SkyWater Technology, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SkyWater Technology, Inc.'s accretion of investment tax credits?
SkyWater Technology, Inc. (SKYT) reported accretion of investment tax credits of $1.57M in Q1 2026.
How has SkyWater Technology, Inc.'s accretion of investment tax credits changed year-over-year?
SkyWater Technology, Inc.'s accretion of investment tax credits increased by 966.7% year-over-year, from $147K to $1.57M.
What does accretion of investment tax credits mean?
Tracks the systematic recognition of investment tax credits into income over the useful life of the related assets. It reflects the financial benefit derived from government incentives for capital investment, effectively reducing the net cost of asset ownership.