SkyWater Technology, IncSKYTEarnings & Financial Report
Nasdaq · Semiconductor industry in the US
SkyWater Technology, Inc. is an American semiconductor engineering and fabrication foundry, based in Bloomington, Minnesota. It is the only US-owned pure-play silicon foundry.
SKYT Q3 2025 Key Financial Metrics
Revenue
$150.7M
Gross Profit
$36.2M
Operating Profit
$7.9M
Net Profit
$144.0M
Gross Margin
24.0%
Operating Margin
5.2%
Net Margin
95.5%
YoY Growth
60.7%
EPS
$2.95
Financial Flow
SkyWater Technology, Inc Q3 2025 Financial Summary
SkyWater Technology, Inc reported revenue of $150.7M for Q3 2025, with a net profit of $144.0M (95.5% margin). Cost of goods sold was $114.5M, operating expenses totaled $28.4M.
Key Financial Metrics
| Total Revenue | $150.7M |
|---|---|
| Net Profit | $144.0M |
| Gross Margin | 24.0% |
| Operating Margin | 5.2% |
| Report Period | Q3 2025 |
SkyWater Technology, Inc Annual Revenue by Year
SkyWater Technology, Inc annual revenue history includes year-by-year totals (for example, 2024 revenue was $342.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $342.3M |
| 2023 | $272.6M |
| 2022 | $186.4M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71.6M | $79.6M | $93.3M | $93.8M | $75.5M | $61.3M | $59.1M | $150.7M |
| YoY Growth | 36.9% | 22.4% | 41.2% | 34.4% | 5.4% | -23.0% | -36.7% | 60.7% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $299.7M | $312.3M | $290.4M | $315.1M | $313.8M | $326.8M | $334.7M | $787.0M |
| Liabilities | $231.9M | $252.9M | $233.6M | $246.5M | $250.3M | $267.3M | $282.7M | $587.3M |
| Equity | $62.9M | $51.3M | $51.5M | $56.2M | $57.6M | $53.4M | $45.2M | $192.8M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.7M | $-3.9M | $9.3M | $14.3M | $-1.3M | $56.0M | $-1.7M | $-47.2M |
