SkyWater Technology Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022	Jan '21 Jan 3, 2021
Revenue	346.59	342.27	286.68	212.94	162.85	140.44
Revenue Growth (YoY)	0.19%	19.39%	34.63%	30.76%	15.96%	2.72%
Cost of Revenue	265.91	272.64	227.39	186.97	170.32	117.75
Gross Profit	80.67	69.63	59.29	25.97	-7.47	22.69
Selling, General & Admin	62.38	48.03	63.91	46.3	43.6	25.03
Research & Development	15.2	15.04	10.17	9.43	8.75	4.21
Operating Expenses	77.58	63.07	74.08	55.73	52.34	29.24
Operating Income	3.1	6.56	-14.79	-29.77	-59.81	-6.55
Interest Expense	-10.75	-8.84	-10.83	-5.19	-3.54	-5.5
Other Non Operating Income (Expenses)	-	-	-	-	-	0.78
EBT Excluding Unusual Items	-7.65	-2.28	-25.61	-34.96	-63.36	-11.27
Other Unusual Items	110.79	-	-	-1.1	9.16	-3.53
Pretax Income	100.05	-2.28	-25.61	-36.06	-54.19	-14.8
Income Tax Expense	-30.47	0.24	-0.52	0.81	-6.79	4.92
Earnings From Continuing Operations	130.52	-2.52	-25.09	-36.87	-47.4	-19.71
Minority Interest in Earnings	-4.51	-4.28	-5.66	-2.72	-3.29	-0.9
Net Income	126.01	-6.79	-30.76	-39.59	-50.7	-20.62
Preferred Dividends & Other Adjustments	-	-	-	-	0.4	-
Net Income to Common	126.01	-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)	1.87%	4.15%	11.44%	40.63%	1277.88%	-
EPS (Basic)	2.63	-0.14	-0.68	-0.97	-1.76	-9.78
EPS (Diluted)	2.62	-0.14	-0.68	-0.97	-1.76	-9.78
Free Cash Flow	-13.09	10.52	1.46	-31.35	-86.44	10.43
Free Cash Flow Per Share	-0.27	0.22	0.03	-0.77	-2.98	4.95
Gross Margin	23.28%	20.34%	20.68%	12.19%	-4.59%	16.16%
Operating Margin	0.89%	1.92%	-5.16%	-13.98%	-36.73%	-4.66%
Profit Margin	36.36%	-1.98%	-10.73%	-18.59%	-31.37%	-14.68%
Free Cash Flow Margin	-3.78%	3.07%	0.51%	-14.72%	-53.08%	7.42%
EBITDA	28.56	23.78	12.34	-3.41	-33.98	11.53
EBITDA Margin	8.24%	6.95%	4.30%	-1.60%	-20.87%	8.21%
D&A For EBITDA	25.46	17.22	27.12	26.35	25.83	18.07
EBIT	3.1	6.56	-14.79	-29.77	-59.81	-6.55
EBIT Margin	0.89%	1.92%	-5.16%	-13.98%	-36.73%	-4.66%
Advertising Expenses	-	-	-	-	-	0.27

Updated Sep 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q