SkyWater Technology, Inc. (SKYT)

SkyWater Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	289.66	342.27	286.68	212.94	162.85	140.44
Revenue Growth (YoY)	-10.53%	19.39%	34.63%	30.76%	15.96%	2.72%
Cost of Revenue	224.98	272.64	227.39	186.97	170.32	117.75
Gross Profit	64.69	69.63	59.29	25.97	-7.47	22.69
Selling, General & Admin	51.39	48.03	63.91	46.3	43.6	25.03
Research & Development	14.26	15.04	10.17	9.43	8.75	4.21
Operating Expenses	65.65	63.07	74.08	55.73	52.34	29.24
Operating Income	-0.97	6.56	-14.79	-29.77	-59.81	-6.55
Interest Expense	-7.42	-8.84	-10.83	-5.19	-3.54	-5.5
Other Non Operating Income (Expenses)	-	-	-	-	-	0.78
EBT Excluding Unusual Items	-8.38	-2.28	-25.61	-34.96	-63.36	-11.27
Other Unusual Items	-	-	-	-1.1	9.16	-3.53
Pretax Income	-10.55	-2.28	-25.61	-36.06	-54.19	-14.8
Income Tax Expense	1.45	0.24	-0.52	0.81	-6.79	4.92
Earnings From Continuing Operations	-12.01	-2.52	-25.09	-36.87	-47.4	-19.71
Minority Interest in Earnings	-4.49	-4.28	-5.66	-2.72	-3.29	-0.9
Net Income	-16.49	-6.79	-30.76	-39.59	-50.7	-20.62
Preferred Dividends & Other Adjustments	-	-	-	-	0.4	-
Net Income to Common	-16.49	-6.79	-30.76	-39.59	-51.09	-20.62
Shares Outstanding (Basic)	48	47	46	41	29	2
Shares Outstanding (Diluted)	48	47	46	41	29	2
Shares Change (YoY)	1.60%	4.15%	11.44%	40.63%	1277.88%	-
EPS (Basic)	-0.35	-0.14	-0.68	-0.97	-1.76	-9.78
EPS (Diluted)	-0.35	-0.14	-0.68	-0.97	-1.76	-9.78
Free Cash Flow	44.08	10.52	1.46	-31.35	-86.44	10.43
Free Cash Flow Per Share	0.92	0.22	0.03	-0.77	-2.98	4.95
Gross Margin	22.33%	20.34%	20.68%	12.19%	-4.59%	16.16%
Operating Margin	-0.33%	1.92%	-5.16%	-13.98%	-36.73%	-4.66%
Profit Margin	-5.69%	-1.98%	-10.73%	-18.59%	-31.37%	-14.68%
Free Cash Flow Margin	15.22%	3.07%	0.51%	-14.72%	-53.08%	7.42%
EBITDA	16.25	23.78	12.34	-3.41	-33.98	11.53
EBITDA Margin	5.61%	6.95%	4.30%	-1.60%	-20.87%	8.21%
D&A For EBITDA	17.21	17.22	27.12	26.35	25.83	18.07
EBIT	-0.97	6.56	-14.79	-29.77	-59.81	-6.55
EBIT Margin	-0.33%	1.92%	-5.16%	-13.98%	-36.73%	-4.66%
Advertising Expenses	-	-	-	-	-	0.27

Updated Jun 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q