SkyWater Technology, Inc. SKYT SkyWater Texas — Research and development expense

Other segment segments

Legacy SkyWater

$4.38M—

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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:ResearchAndDevelopmentExpense.

The official record: SkyWater Technology, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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What is SkyWater Technology, Inc.'s skywater texas — research and development expense?: SkyWater Technology, Inc. (SKYT) reported skywater texas — research and development expense of $622K in Q1 2026.
What does skywater texas — research and development expense mean?: Tracks the investment in innovation, process technology development, and engineering efforts specifically dedicated to the SkyWater Texas segment. It highlights the segment's commitment to long-term technological advancement and competitive differentiation.