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SkyWater Technology, Inc. SKYT SkyWater Texas — Income tax (benefit) expense

Other segment segments

Legacy SkyWater
-$294K

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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 us-gaap:IncomeTaxExpenseBenefit.

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 skywater texas — income tax (benefit) expense?
SkyWater Technology, Inc. (SKYT) reported skywater texas — income tax (benefit) expense of $10K in Q1 2026.
What does skywater texas — income tax (benefit) expense mean?
Reflects the total tax provision or benefit recognized by the SkyWater Texas segment based on its taxable income or loss. This metric is essential for understanding the segment's effective tax rate and the impact of jurisdictional tax regulations on its net financial performance.