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— | $266.85M— | $259.97M— | $289.66M— | —— | |
| SkyWater Texas | $261.61M— | $175.29M— | $86.61M— | $0— | —— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$31.11M— | -$14.27M— | —— | —— | —— | |
| SkyWater Texas | $149.62M— | $137.71M— | $118.7M— | $0— | —— | |
| Cost of revenue by Business | ||||||
| Legacy SkyWater | $234.26M— | $219.95M— | $196.56M— | $224.98M— | —— | |
| SkyWater Texas | $202.45M— | $135.26M— | $69.35M— | $0— | —— | |
| Gross Profit by Business | ||||||
| Legacy SkyWater | $45.66M— | $46.9M— | $63.41M— | $64.69M— | —— | |
| SkyWater Texas | $59.16M— | $40.03M— | $17.27M— | $0— | —— | |
| Nonoperating Income (Expense) by Business | ||||||
| Legacy SkyWater | -$17.93M— | -$13.71M— | -$10.75M— | -$7.42M— | —— | |
| SkyWater Texas | $111.62M— | $111.75M— | $110.79M— | $0— | —— | |
| Income tax (benefit) expense by Business | ||||||
| SkyWater Texas | $5.96M— | $5.95M— | $3.41M— | $0— | —— | |
| Operating Income (Loss) by Business | ||||||
| Legacy SkyWater | -$47.8M— | -$34.5M— | -$11.31M— | -$3.14M— | —— | |
| SkyWater Texas | $43.96M— | $31.92M— | $11.31M— | $0— | —— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Legacy SkyWater | -$65.73M— | -$48.21M— | —— | —— | —— | |
| SkyWater Texas | $155.58M— | $143.67M— | $122.1M— | $0— | —— | |
| Cost of tool revenue by Business | ||||||
| Legacy SkyWater | $40.24M— | $30.66M— | $15.33M— | $42.06M— | —— | |
| SkyWater Texas | $0— | $0— | $0— | $0— | —— | |
| Selling, general, and administrative expense by Business | ||||||
| Legacy SkyWater | $77.71M— | $66.77M— | $59.51M— | $53.56M— | —— | |
| SkyWater Texas | $14.58M— | $8.11M— | $5.95M— | $0— | —— | |
| Interest Expense, Nonoperating by Business | ||||||
| Legacy SkyWater | $17.93M— | $13.71M— | $10.75M— | $7.42M— | —— | |
| SkyWater Texas | $130K— | $0— | $0— | $0— | —— | |
| Direct expenses by Business | ||||||
| Legacy SkyWater | $48.42M— | $39.44M— | $33.28M— | $27.31M— | —— | |
| Research and development expense by Business | ||||||
| Legacy SkyWater | $15.75M— | $14.62M— | $15.2M— | $14.26M— | —— | |
| SkyWater Texas | $622K— | $0— | $0— | —— | —— | |
| D&A by Business | ||||||
| Legacy SkyWater | $723K— | $585K— | $665K— | $569K— | —— | |
| Labor by Business | ||||||
| Legacy SkyWater | $28.56M— | $26.75M— | $25.57M— | $25.69M— | —— | |
| SkyWater Texas | $9.71M— | $7.26M— | $4.62M— | $0— | —— | |
| Topic 606 Revenue by Product | ||||||
| Fixed price contracts | $82.41M-8.7% | $69.69M-25.5% | $78.79M-0.5% | $85.38M+7.7% | $90.26M+9.9% | |
| Time-and-materials and cost-plus-fixed-fee contracts | $131.71M-2.5% | $140.86M+0.3% | $136.83M-4.8% | $131.27M-8.9% | $135.07M+0.6% | |
| Tools | $37.53M-46.0% | $28.86M-62.4% | $17.68M-76.4% | $44.71M-5.9% | $69.54M+208% | |
| Wafer Services | $289.1M+1,085% | $200.78M+647% | $110.17M+219% | $24.03M-43.2% | $24.4M-54.3% | |
| 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— | $798K— | $395K— | $0— | $0— | |
| Revenue by Geography | ||||||
| All others | $7.63M+119% | $6.18M+102% | $4.68M+77.6% | $4.18M0.0% | $3.48M-22.6% | |
| Canada | $12.71M— | $10.59M— | —— | —— | —— | |
| United States | $515.13M+66.1% | $420.97M+27.9% | $327.47M-1.8% | $273.25M-11.8% | $310.07M+11.0% |
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.