SkyWater Technology, Inc. (SKYT)

SkyWater Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Cash & Equivalents	30.9	18.84	18.38	30.03	12.92	7.44
Cash & Short-Term Investments	30.9	18.84	18.38	30.03	12.92	7.44
Cash Growth	49.37%	2.51%	-38.78%	132.45%	73.71%	61.48%
Accounts Receivable	136.38	75.22	95.63	62.67	39.33	29.5
Other Receivables	1.67	1.32	0.17	0.17	0.8	0.04
Receivables	138.05	76.54	95.8	62.84	40.13	30
Inventory	20.3	14.54	15.34	13.53	18.02	27.17
Prepaid Expenses	4.37	3.98	2.66	2.4	1.76	2.76
Other Current Assets	45.01	18.18	14.19	7.77	1.58	9.21
Total Current Assets	238.63	132.08	146.38	116.55	74.4	76.57
Property, Plant & Equipment	517.5	165.48	159.46	180.06	180.48	178.08
Other Intangible Assets	8.97	7.78	5.67	5.61	3.89	4.56
Long-Term Deferred Charges	-	-	-	-	1.76	2.05
Other Long-Term Assets	21.94	8.44	5.25	3.55	3.08	1.95
Total Assets	787.03	313.78	316.76	305.76	263.6	263.21
Accounts Payable	52.81	31.77	24.35	21.1	7.64	16.79
Accrued Expenses	42.97	29.42	40.07	22.86	15.43	19.16
Short-Term Debt	142.07	22.52	22.77	55.82	-	-
Current Portion of Long-Term Debt	6.18	5.07	3.98	1.86	1.02	2.77
Current Portion of Leases	3.38	5.81	0.69	0.83	1.19	-
Current Income Taxes Payable	-	-	-	-	-	1.71
Current Unearned Revenue	92.28	55.17	49.55	28.19	20.81	30.65
Other Current Liabilities	16.19	4.57	2.79	1.52	1.68	15.24
Total Current Liabilities	355.87	154.33	144.2	132.17	47.77	86.33
Long-Term Debt	4.56	11.84	36.1	35.18	58.43	69.83
Long-Term Leases	55.38	31.52	9.33	9.36	-	-
Long-Term Unearned Revenue	163.56	51.9	65.75	67.97	88.09	95.4
Long-Term Deferred Tax Liabilities	7.9	0.63	0.68	1.24	1	8.06
Other Long-Term Liabilities	-	0.07	-	5.87	8.39	5.18
Total Liabilities	587.28	250.29	256.06	251.79	203.67	264.79
Common Stock	0.49	0.48	0.47	0.44	0.4	3.77
Additional Paid-In Capital	199.59	189.13	178.47	147.3	115.21	-
Retained Earnings	-7.28	-132	-125.2	-94.07	-54.48	-3.78
Total Common Equity	192.81	57.61	53.74	53.67	61.13	-0.02
Minority Interest	6.94	5.88	6.96	0.31	-1.2	-1.57
Shareholders' Equity	199.75	63.49	60.7	53.98	59.93	-1.58
Total Liabilities & Equity	787.03	313.78	316.76	305.76	263.6	263.21
Total Debt	211.57	76.76	72.86	103.04	60.64	72.6
Net Cash (Debt)	-180.67	-57.91	-54.48	-73.02	-47.72	-65.16
Net Cash Per Share	-3.75	-1.22	-1.20	-1.79	-1.64	-30.92
Filing Date Shares Outstanding	48.51	48	47.28	43.91	39.9	2.11
Total Common Shares Outstanding	48.51	47.7	47.03	43.7	39.84	2.11
Working Capital	-117.25	-22.25	2.18	-15.62	26.63	-9.76
Book Value Per Share	3.97	1.21	1.14	1.23	1.53	-0.01
Tangible Book Value	183.84	49.84	48.07	48.06	57.24	-4.58
Tangible Book Value Per Share	3.79	1.04	1.02	1.10	1.44	-2.17
Land	46.62	5.4	5.4	5.4	5.4	5.4
Buildings	146.86	89.44	88.78	88.14	87.16	85.2
Machinery	453.72	202.67	193.98	187.28	143.11	124.13

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

SEC Filings: 10-K · 10-Q