SkyWater Technology, Inc. SKYT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Legacy SkyWater | $74.37M-9.7% | $82.36M+28.4% | $64.13M+8.6% | $59.06M-3.6% | $61.3M-18.8% | |
| SkyWater Texas | $86.32M-2.7% | $88.68M+2.4% | $86.61M— | $0— | $0— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$23.06M+10.1% | -$25.65M-197% | $26.46M+399% | -$8.86M-42.4% | -$6.22M— | |
| SkyWater Texas | $11.9M-37.4% | $19.02M-84.0% | $118.7M— | $0— | $0— | |
| Cost of revenue by Business | ||||||
| Legacy SkyWater | $61.35M-22.9% | $79.58M+76.2% | $45.17M-6.2% | $48.16M+2.4% | $47.04M-16.3% | |
| SkyWater Texas | $67.19M+1.9% | $65.91M-5.0% | $69.35M— | $0— | $0— | |
| Gross Profit by Business | ||||||
| Legacy SkyWater | $13.02M+368% | $2.78M-85.3% | $18.96M+73.9% | $10.9M-23.6% | $14.26M-26.1% | |
| SkyWater Texas | $19.13M-16.0% | $22.77M+31.9% | $17.27M— | $0— | $0— | |
| Nonoperating Income (Expense) by Business | ||||||
| Legacy SkyWater | -$6.03M-22.0% | -$4.94M+7.1% | -$5.32M-225% | -$1.64M+9.7% | -$1.81M+8.4% | |
| SkyWater Texas | -$130K-114% | $956K-99.1% | $110.79M— | $0— | $0— | |
| Income tax (benefit) expense by Business | ||||||
| Legacy SkyWater | -$294K— | —— | -$35.24M— | —— | $384K+64.8% | |
| SkyWater Texas | $10K-99.6% | $2.55M-25.3% | $3.41M— | $0— | $0— | |
| Operating Income (Loss) by Business | ||||||
| Legacy SkyWater | -$17.32M+15.7% | -$20.54M-494% | -$3.46M+46.6% | -$6.48M-61.1% | -$4.02M-252% | |
| SkyWater Texas | $12.04M-41.6% | $20.61M+82.2% | $11.31M— | $0— | $0— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$23.35M+8.4% | -$25.48M-190% | -$8.78M-8.2% | -$8.12M-39.1% | -$5.83M— | |
| SkyWater Texas | $11.91M-44.7% | $21.56M-82.3% | $122.1M— | $0— | $0— | |
| Cost of tool revenue by Business | ||||||
| Legacy SkyWater | $10.62M-57.5% | $25M+568% | $3.74M+325% | $881K-14.5% | $1.03M-89.4% | |
| SkyWater Texas | $0— | $0— | $0— | $0— | $0— | |
| Selling, general, and administrative expense by Business | ||||||
| Legacy SkyWater | $25.97M+31.9% | $19.69M+9.1% | $18.05M+28.8% | $14.01M-6.8% | $15.03M+20.9% | |
| SkyWater Texas | $6.47M+199% | $2.16M-63.7% | $5.95M— | $0— | $0— | |
| Interest Expense, Nonoperating by Business | ||||||
| Legacy SkyWater | $6.03M+22.0% | $4.94M-7.1% | $5.32M+225% | $1.64M-9.7% | $1.81M-8.4% | |
| SkyWater Texas | $130K— | $0— | $0— | $0— | $0— | |
| Direct expenses by Business | ||||||
| Legacy SkyWater | $16.76M+32.5% | $12.65M+8.4% | $11.66M+58.6% | $7.35M-5.5% | $7.78M+19.9% | |
| SkyWater Texas | $3.88M— | —— | $811K— | —— | $0— | |
| Research and development expense by Business | ||||||
| Legacy SkyWater | $4.38M+20.4% | $3.63M-16.8% | $4.37M+29.8% | $3.37M+3.7% | $3.25M-22.9% | |
| SkyWater Texas | $622K— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Legacy SkyWater | $277K+87.2% | $148K-2.0% | $151K+2.7% | $147K+5.8% | $139K-39.0% | |
| SkyWater Texas | $139K— | —— | $524K— | —— | $0— | |
| Labor by Business | ||||||
| Legacy SkyWater | $8.93M+29.5% | $6.89M+10.6% | $6.23M-4.3% | $6.51M-8.5% | $7.11M+24.5% | |
| SkyWater Texas | $2.45M-7.4% | $2.65M-42.7% | $4.62M— | $0— | $0— | |
| Topic 606 Revenue by Product | ||||||
| Fixed price contracts | $27.01M+24.2% | $21.74M+18.2% | $18.4M+20.6% | $15.26M+6.8% | $14.29M-53.7% | |
| Time-and-materials and cost-plus-fixed-fee contracts | $27.93M-11.1% | $31.42M-12.2% | $35.8M-2.1% | $36.57M-1.4% | $37.08M+35.4% | |
| Tools | $9.9M-56.7% | $22.89M+521% | $3.69M+252% | $1.05M-15.2% | $1.23M-89.5% | |
| Wafer Services | $95.85M+0.9% | $94.99M+2.3% | $92.86M+1,616% | $5.41M-28.1% | $7.53M+72.2% | |
| Lease Revenue Per Topic 842 by Product | ||||||
| Fixed price contracts | $0— | $0— | $0— | $0— | $0— | |
| Time-and-materials and cost-plus-fixed-fee contracts | $0— | $0— | $0— | $0— | $0— | |
| Tools | $0— | $0— | $0— | $0— | $0— | |
| Wafer Services | $369K-8.4% | $403K+2.0% | $395K— | $0— | $0— | |
| Revenue by Geography | ||||||
| All others | $2.71M+10.8% | $2.45M+128% | $1.07M-23.4% | $1.4M+10.8% | $1.26M+33.4% | |
| Canada | $4.43M+807% | $489K-89.7% | $4.76M+57.1% | $3.03M+31.1% | $2.31M— | |
| Hong Kong | $872K— | —— | $114K-61.1% | $293K-38.2% | $474K+16.5% | |
| Israel | $1.27M— | —— | —— | —— | $0— | |
| United States | $151.4M-8.4% | $165.27M+14.2% | $144.68M+169% | $53.78M-6.1% | $57.25M-20.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does SkyWater Technology, Inc. break its business down?
- SkyWater Technology, Inc. (SKYT) reports revenue by business across 2 parts — Legacy SkyWater and SkyWater Texas. Each is extracted from the segment footnotes and tracked over time.
- Where does SkyWater Technology, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in SkyWater Technology, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.