SkyWater Technology, Inc. SKYT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Legacy SkyWater | $74.37M+21.3% | $82.36M+9.1% | $64.13M-31.6% | $59.06M— | $61.3M— | |
| SkyWater Texas | $86.32M— | $88.68M— | $86.61M— | $0— | $0— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$23.06M-271% | -$25.65M— | $26.46M+907% | -$8.86M— | -$6.22M— | |
| SkyWater Texas | $11.9M— | $19.02M— | $118.7M— | $0— | $0— | |
| Cost of revenue by Business | ||||||
| Legacy SkyWater | $61.35M+30.4% | $79.58M+41.6% | $45.17M-38.6% | $48.16M— | $47.04M— | |
| SkyWater Texas | $67.19M— | $65.91M— | $69.35M— | $0— | $0— | |
| Gross Profit by Business | ||||||
| Legacy SkyWater | $13.02M-8.7% | $2.78M-85.6% | $18.96M-6.3% | $10.9M— | $14.26M— | |
| SkyWater Texas | $19.13M— | $22.77M— | $17.27M— | $0— | $0— | |
| Nonoperating Income (Expense) by Business | ||||||
| Legacy SkyWater | -$6.03M-233% | -$4.94M-150% | -$5.32M-168% | -$1.64M— | -$1.81M— | |
| SkyWater Texas | -$130K— | $956K— | $110.79M— | $0— | $0— | |
| Income tax (benefit) expense by Business | ||||||
| Legacy SkyWater | -$294K-177% | —— | -$35.24M-37,989% | —— | $384K— | |
| SkyWater Texas | $10K— | $2.55M— | $3.41M— | $0— | $0— | |
| Operating Income (Loss) by Business | ||||||
| Legacy SkyWater | -$17.32M-331% | -$20.54M-874% | -$3.46M-173% | -$6.48M— | -$4.02M— | |
| SkyWater Texas | $12.04M— | $20.61M— | $11.31M— | $0— | $0— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$23.35M-300% | -$25.48M— | -$8.78M-423% | -$8.12M— | -$5.83M— | |
| SkyWater Texas | $11.91M— | $21.56M— | $122.1M— | $0— | $0— | |
| Cost of tool revenue by Business | ||||||
| Legacy SkyWater | $10.62M+931% | $25M+158% | $3.74M-87.7% | $881K— | $1.03M— | |
| SkyWater Texas | $0— | $0— | $0— | $0— | $0— | |
| Selling, general, and administrative expense by Business | ||||||
| Legacy SkyWater | $25.97M+72.8% | $19.69M+58.4% | $18.05M+49.2% | $14.01M— | $15.03M— | |
| SkyWater Texas | $6.47M— | $2.16M— | $5.95M— | $0— | $0— | |
| Interest Expense, Nonoperating by Business | ||||||
| Legacy SkyWater | $6.03M+233% | $4.94M+150% | $5.32M+168% | $1.64M— | $1.81M— | |
| SkyWater Texas | $130K— | $0— | $0— | $0— | $0— | |
| Direct expenses by Business | ||||||
| Legacy SkyWater | $16.76M+116% | $12.65M+95.0% | $11.66M+105% | $7.35M— | $7.78M— | |
| SkyWater Texas | $3.88M— | —— | $811K— | —— | $0— | |
| Research and development expense by Business | ||||||
| Legacy SkyWater | $4.38M+34.7% | $3.63M-13.8% | $4.37M+27.4% | $3.37M— | $3.25M— | |
| SkyWater Texas | $622K— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Legacy SkyWater | $277K+99.3% | $148K-35.1% | $151K+175% | $147K— | $139K— | |
| SkyWater Texas | $139K— | —— | $524K— | —— | $0— | |
| Labor by Business | ||||||
| Legacy SkyWater | $8.93M+25.5% | $6.89M+20.6% | $6.23M-1.8% | $6.51M— | $7.11M— | |
| SkyWater Texas | $2.45M— | $2.65M— | $4.62M— | $0— | $0— | |
| Topic 606 Revenue by Product | ||||||
| Fixed price contracts | $27.01M+89.0% | $21.74M-29.5% | $18.4M-26.4% | $15.26M-24.2% | $14.29M-18.5% | |
| Time-and-materials and cost-plus-fixed-fee contracts | $27.93M-24.7% | $31.42M+14.7% | $35.8M+18.4% | $36.57M-9.4% | $37.08M-12.7% | |
| Tools | $9.9M+702% | $22.89M+95.4% | $3.69M-88.0% | $1.05M-96.0% | $1.23M-85.4% | |
| Wafer Services | $95.85M+1,173% | $94.99M+2,073% | $92.86M+1,282% | $5.41M-6.4% | $7.53M-24.7% | |
| 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— | $403K— | $395K— | $0— | $0— | |
| Revenue by Geography | ||||||
| All others | $2.71M+115% | $2.45M+158% | $1.07M+87.1% | $1.4M+100% | $1.26M+49.1% | |
| Canada | $4.43M+91.8% | $489K— | $4.76M+172% | $3.03M+84.0% | $2.31M+3.5% | |
| Hong Kong | $872K+84.0% | —— | $114K-80.7% | $293K+816% | $474K+909% | |
| Israel | $1.27M— | —— | —— | —— | $0— | |
| United States | $151.4M+164% | $165.27M+130% | $144.68M+59.9% | $53.78M-40.6% | $57.25M-24.9% |
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.