What does wafer services — lease revenue per topic 842 mean?

This metric captures revenue derived from arrangements classified as leases under ASC 842 accounting standards within the wafer services segment. It highlights the portion of foundry capacity or equipment utilization that is monetized through leasing agreements rather than direct product sales.

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

Similar metrics at other companies

EQPTServices — Revenue under topic 842

$0—

CTOSTotal sales and services — Topic 842

$2.42M-50.0%

HRIEquipment rental — Topic 842 revenues

$919M+33.0%

CTOSParts sales and services — Topic 842

$1.69M-36.8%

EQPTOther — Revenue under topic 842

$0—

EQPTEquipment parts and supplies and services — Revenue under topic 842

$0—

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:OperatingLeaseLeaseIncome.

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 wafer services — lease revenue per topic 842?: SkyWater Technology, Inc. (SKYT) reported wafer services — lease revenue per topic 842 of $369K in Q1 2026.
What does wafer services — lease revenue per topic 842 mean?: This metric captures revenue derived from arrangements classified as leases under ASC 842 accounting standards within the wafer services segment. It highlights the portion of foundry capacity or equipment utilization that is monetized through leasing agreements rather than direct product sales.