SkyWater Technology Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 29, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	541.53	442.14	342.27	286.68	212.94	162.85
Revenue Growth	67.17%	29.18%	19.39%	34.63%	30.76%	15.96%
Cost of Revenue	436.71	355.21	272.64	227.39	186.97	170.32
Gross Profit	104.82	86.93	69.63	59.29	25.97	-7.47
Selling, General & Admin	92.29	74.88	48.03	63.91	46.3	43.6
Research & Development	16.37	14.62	15.04	10.17	9.43	8.75
Operating Expenses	108.65	89.5	63.07	74.08	55.73	52.34
Operating Income	-3.83	-2.58	6.56	-14.79	-29.77	-59.81
Interest Expense	-18.06	-13.71	-8.84	-10.83	-5.19	-3.54
EBT Excluding Unusual Items	-21.89	-16.29	-2.28	-25.61	-34.96	-63.36
Other Unusual Items	111.75	111.75	-	-	-1.1	9.16
Pretax Income	89.86	95.46	-2.28	-25.61	-36.06	-54.19
Income Tax Expense	-28.66	-27.99	0.24	-0.52	0.81	-6.79
Earnings From Continuing Operations	118.51	123.45	-2.52	-25.09	-36.87	-47.4
Minority Interest in Earnings	-4.57	-4.54	-4.28	-5.66	-2.72	-3.29
Net Income	113.95	118.91	-6.79	-30.76	-39.59	-50.7
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.4
Net Income to Common	113.95	118.91	-6.79	-30.76	-39.59	-51.09
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	48	48	47	46	41	29
Shares Outstanding (Diluted)	49	49	47	46	41	29
Shares Change	2.91%	2.77%	4.15%	11.44%	40.63%	1277.88%
EPS (Basic)	2.35	2.47	-0.14	-0.68	-0.97	-1.76
EPS (Diluted)	2.33	2.44	-0.14	-0.68	-0.97	-1.76
EPS Growth	-	-	-	-	-	-
Free Cash Flow	-75.65	-53.3	10.52	1.46	-31.35	-86.44
Free Cash Flow Per Share	-1.54	-1.09	0.22	0.03	-0.77	-2.98
Gross Margin	19.36%	19.66%	20.34%	20.68%	12.19%	-4.59%
Operating Margin	-0.71%	-0.58%	1.92%	-5.16%	-13.98%	-36.73%
Profit Margin	21.04%	26.89%	-1.98%	-10.73%	-18.59%	-31.37%
Free Cash Flow Margin	-13.97%	-12.05%	3.07%	0.51%	-14.72%	-53.08%
EBITDA	40.19	31.77	23.78	12.34	-3.41	-33.98
EBITDA Margin	7.42%	7.18%	6.95%	4.30%	-1.60%	-20.87%
D&A For EBITDA	44.02	34.34	17.22	27.12	26.35	25.83
EBIT	-3.83	-2.58	6.56	-14.79	-29.77	-59.81
EBIT Margin	-0.71%	-0.58%	1.92%	-5.16%	-13.98%	-36.73%

SEC Filings: 10-K · 10-Q