What does tools — lease revenue per topic 842 mean?

This metric measures the revenue generated specifically from leasing arrangements related to tools or equipment, accounted for under the ASC 842 lease accounting standard. It reflects the company's strategy of monetizing hardware assets through rental or leasing contracts rather than outright sales. Monitoring this metric helps investors assess the recurring revenue potential and asset utilization efficiency within the tools business segment.

SkyWater Technology, Inc. SKYT Tools — Lease Revenue Per Topic 842

Similar metrics at other companies

HRIEquipment rental — Topic 842 revenues

$919M+33.0%

HRIEquipment rental — Topic 842

$884M+32.7%

CTOSTotal rental revenue — Topic 842

$130.61M+18.4%

EQPTOther equipment rental — Revenue under topic 842

$27M+35.0%

HRIOther — Topic 842

$35M+40.0%

EQPTEquipment rental revenue — Revenue under topic 842

$607M+38.3%

Other financials

Income statement

See full

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

See full

Cash & equivalents$22.2M-56.6%

Total debt$231.1M+263%

Total equity$180.2M+237%

Total assets$732.9M+124%

Cash flow

See full

Operating cash flow$27.9M-50.1%

CapEx$9.1M-38.7%

Free cash flow$18.9M-54.2%

Valuation

See full

Market cap$1.72B+287%

Profitability

See full

Gross margin19.4%-2.5pp

Operating margin-0.7%-2.2pp

Net margin22.5%+20.4pp

FCF margin-14%—

Returns & leverage

See full

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:OperatingLeaseLeaseIncome.

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

Ask your AI about SkyWater Technology, Inc.'s tools — lease revenue per topic 842.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SkyWater Technology, Inc.'s tools — lease revenue per topic 842?: SkyWater Technology, Inc. (SKYT) reported tools — lease revenue per topic 842 of $0 in Q1 2026.
What does tools — lease revenue per topic 842 mean?: This metric measures the revenue generated specifically from leasing arrangements related to tools or equipment, accounted for under the ASC 842 lease accounting standard. It reflects the company's strategy of monetizing hardware assets through rental or leasing contracts rather than outright sales. Monitoring this metric helps investors assess the recurring revenue potential and asset utilization efficiency within the tools business segment.