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SkyWater Technology, Inc. SKYT Wafer Services — Topic 606 Revenue

Other product segments

Time-and-materials and cost-plus-fixed-fee contracts
$27.93M-24.7%
Fixed price contracts
$27.01M+89.0%
Tools
$9.9M+702%

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$7M+16.7%
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$6M+20.0%

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$1.8B+287%
Enterprise value$2.01B+332%
P/E14.8×
P/S3.3×+1.9×

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:Revenues.

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 — topic 606 revenue?
SkyWater Technology, Inc. (SKYT) reported wafer services — topic 606 revenue of $95.85M in Q1 2026.
How has SkyWater Technology, Inc.'s wafer services — topic 606 revenue changed year-over-year?
SkyWater Technology, Inc.'s wafer services — topic 606 revenue increased by 1173.4% year-over-year, from $7.53M to $95.85M.
What is the long-term trend for SkyWater Technology, Inc.'s wafer services — topic 606 revenue?
Over 4 years (2021 to 2025), SkyWater Technology, Inc.'s wafer services — topic 606 revenue has grown at a 40.8% compound annual growth rate (CAGR), from $51.16M to $200.78M.
What does wafer services — topic 606 revenue mean?
This metric represents revenue generated from wafer fabrication services recognized under ASC 606 accounting standards. It reflects the value of goods and services transferred to customers as performance obligations are satisfied within the semiconductor foundry segment.