SkyWater Technology, Inc. SKYT Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Legacy SkyWater | $279.92M+4.9% | $266.85M+2.6% | $259.97M-10.2% | $289.66M— | —— | |
| SkyWater Texas | $261.61M+49.2% | $175.29M+102% | $86.61M— | $0— | —— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$31.11M-118% | -$14.27M— | —— | —— | —— | |
| SkyWater Texas | $149.62M+8.6% | $137.71M+16.0% | $118.7M— | $0— | —— | |
| Cost of revenue by Business | ||||||
| Legacy SkyWater | $234.26M+6.5% | $219.95M+11.9% | $196.56M-12.6% | $224.98M— | —— | |
| SkyWater Texas | $202.45M+49.7% | $135.26M+95.0% | $69.35M— | $0— | —— | |
| Gross Profit by Business | ||||||
| Legacy SkyWater | $45.66M-2.6% | $46.9M-26.0% | $63.41M-2.0% | $64.69M— | —— | |
| SkyWater Texas | $59.16M+47.8% | $40.03M+132% | $17.27M— | $0— | —— | |
| Nonoperating Income (Expense) by Business | ||||||
| Legacy SkyWater | -$17.93M-30.8% | -$13.71M-27.6% | -$10.75M-45.0% | -$7.42M— | —— | |
| SkyWater Texas | $111.62M-0.1% | $111.75M+0.9% | $110.79M— | $0— | —— | |
| Income tax (benefit) expense by Business | ||||||
| SkyWater Texas | $5.96M+0.2% | $5.95M+74.7% | $3.41M— | $0— | —— | |
| Operating Income (Loss) by Business | ||||||
| Legacy SkyWater | -$47.8M-38.6% | -$34.5M-205% | -$11.31M-260% | -$3.14M— | —— | |
| SkyWater Texas | $43.96M+37.7% | $31.92M+182% | $11.31M— | $0— | —— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$65.73M-36.3% | -$48.21M— | —— | —— | —— | |
| SkyWater Texas | $155.58M+8.3% | $143.67M+17.7% | $122.1M— | $0— | —— | |
| Cost of tool revenue by Business | ||||||
| Legacy SkyWater | $40.24M+31.3% | $30.66M+100.0% | $15.33M-63.6% | $42.06M— | —— | |
| SkyWater Texas | $0— | $0— | $0— | $0— | —— | |
| Selling, general, and administrative expense by Business | ||||||
| Legacy SkyWater | $77.71M+16.4% | $66.77M+12.2% | $59.51M+11.1% | $53.56M— | —— | |
| SkyWater Texas | $14.58M+79.7% | $8.11M+36.3% | $5.95M— | $0— | —— | |
| Interest Expense, Nonoperating by Business | ||||||
| Legacy SkyWater | $17.93M+30.8% | $13.71M+27.6% | $10.75M+45.0% | $7.42M— | —— | |
| SkyWater Texas | $130K— | $0— | $0— | $0— | —— | |
| Direct expenses by Business | ||||||
| Legacy SkyWater | $48.42M+22.8% | $39.44M+18.5% | $33.28M+21.9% | $27.31M— | —— | |
| Research and development expense by Business | ||||||
| Legacy SkyWater | $15.75M+7.7% | $14.62M-3.8% | $15.2M+6.6% | $14.26M— | —— | |
| SkyWater Texas | $622K— | $0— | $0— | —— | —— | |
| D&A by Business | ||||||
| Legacy SkyWater | $723K+23.6% | $585K-12.0% | $665K+16.9% | $569K— | —— | |
| Labor by Business | ||||||
| Legacy SkyWater | $28.56M+6.8% | $26.75M+4.6% | $25.57M-0.4% | $25.69M— | —— | |
| SkyWater Texas | $9.71M+33.7% | $7.26M+57.3% | $4.62M— | $0— | —— | |
| Topic 606 Revenue by Product | ||||||
| Fixed price contracts | $82.41M+18.3% | $69.69M-11.6% | $78.79M-7.7% | $85.38M-5.4% | $90.26M-3.5% | |
| Time-and-materials and cost-plus-fixed-fee contracts | $131.71M-6.5% | $140.86M+2.9% | $136.83M+4.2% | $131.27M-2.8% | $135.07M-3.9% | |
| Tools | $37.53M+30.0% | $28.86M+63.2% | $17.68M-60.4% | $44.71M-35.7% | $69.54M-9.4% | |
| Wafer Services | $289.1M+44.0% | $200.78M+82.3% | $110.17M+359% | $24.03M-1.5% | $24.4M-9.2% | |
| 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 | $1.17M+46.2% | $798K+102% | $395K— | $0— | $0— | |
| Revenue by Geography | ||||||
| All others | $7.63M+23.4% | $6.18M+32.0% | $4.68M+11.9% | $4.18M+20.1% | $3.48M+13.6% | |
| Canada | $12.71M+20.0% | $10.59M— | —— | —— | —— | |
| United States | $515.13M+22.4% | $420.97M+28.6% | $327.47M+19.8% | $273.25M-11.9% | $310.07M-5.8% |
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.
