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Side-by-side financial comparison of Amphenol (APH) and SkyWater Technology, Inc (SKYT). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($6.4B vs $171.0M, roughly 37.6× SkyWater Technology, Inc). Amphenol runs the higher net margin — 18.6% vs -4.5%, a 23.1% gap on every dollar of revenue. On growth, SkyWater Technology, Inc posted the faster year-over-year revenue change (126.6% vs 49.1%). Amphenol produced more free cash flow last quarter ($1.5B vs $-42.2M). Over the past eight quarters, SkyWater Technology, Inc's revenue compounded faster (46.6% CAGR vs 40.6%).
Amphenol Corporation is an American producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. Amphenol is a portmanteau from the corporation's original name, American Phenolic Corp.
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.
APH vs SKYT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.4B | $171.0M |
| Net Profit | $1.2B | $-7.8M |
| Gross Margin | 38.2% | 14.9% |
| Operating Margin | 26.8% | 0.0% |
| Net Margin | 18.6% | -4.5% |
| Revenue YoY | 49.1% | 126.6% |
| Net Profit YoY | 60.2% | -1045.8% |
| EPS (diluted) | $0.93 | $-0.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $6.4B | $171.0M | ||
| Q3 25 | $6.2B | $150.7M | ||
| Q2 25 | $5.7B | $59.1M | ||
| Q1 25 | $4.8B | $61.3M | ||
| Q4 24 | $4.3B | $75.5M | ||
| Q3 24 | $4.0B | $93.8M | ||
| Q2 24 | $3.6B | $93.3M | ||
| Q1 24 | $3.3B | $79.6M |
| Q4 25 | $1.2B | $-7.8M | ||
| Q3 25 | $1.2B | $144.0M | ||
| Q2 25 | $1.1B | $-10.0M | ||
| Q1 25 | $737.8M | $-7.3M | ||
| Q4 24 | $746.1M | $-679.0K | ||
| Q3 24 | $604.4M | $1.5M | ||
| Q2 24 | $524.8M | $-1.9M | ||
| Q1 24 | $548.7M | $-5.7M |
| Q4 25 | 38.2% | 14.9% | ||
| Q3 25 | 38.1% | 24.0% | ||
| Q2 25 | 36.3% | 18.5% | ||
| Q1 25 | 34.2% | 23.3% | ||
| Q4 24 | 34.3% | 25.6% | ||
| Q3 24 | 33.6% | 21.6% | ||
| Q2 24 | 33.6% | 18.3% | ||
| Q1 24 | 33.4% | 16.3% |
| Q4 25 | 26.8% | 0.0% | ||
| Q3 25 | 27.5% | 5.2% | ||
| Q2 25 | 25.1% | -11.0% | ||
| Q1 25 | 21.3% | -6.6% | ||
| Q4 24 | 22.1% | 3.5% | ||
| Q3 24 | 20.3% | 5.0% | ||
| Q2 24 | 19.4% | 1.5% | ||
| Q1 24 | 21.0% | -2.8% |
| Q4 25 | 18.6% | -4.5% | ||
| Q3 25 | 20.1% | 95.5% | ||
| Q2 25 | 19.3% | -16.9% | ||
| Q1 25 | 15.3% | -12.0% | ||
| Q4 24 | 17.3% | -0.9% | ||
| Q3 24 | 15.0% | 1.6% | ||
| Q2 24 | 14.5% | -2.0% | ||
| Q1 24 | 16.9% | -7.2% |
| Q4 25 | $0.93 | $-0.15 | ||
| Q3 25 | $0.97 | $2.95 | ||
| Q2 25 | $0.86 | $-0.21 | ||
| Q1 25 | $0.58 | $-0.15 | ||
| Q4 24 | $0.16 | $-0.01 | ||
| Q3 24 | $0.48 | $0.03 | ||
| Q2 24 | $0.41 | $-0.04 | ||
| Q1 24 | $0.87 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $11.4B | $23.2M |
| Total DebtLower is stronger | $14.6B | $38.9M |
| Stockholders' EquityBook value | $13.4B | $187.8M |
| Total Assets | $36.2B | $733.9M |
| Debt / EquityLower = less leverage | 1.09× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4B | $23.2M | ||
| Q3 25 | $3.9B | $30.9M | ||
| Q2 25 | $3.2B | $49.4M | ||
| Q1 25 | $1.7B | $51.2M | ||
| Q4 24 | $3.3B | $18.8M | ||
| Q3 24 | $1.6B | $20.7M | ||
| Q2 24 | $1.3B | $18.4M | ||
| Q1 24 | $2.0B | $20.0M |
| Q4 25 | $14.6B | $38.9M | ||
| Q3 25 | $7.1B | $40.4M | ||
| Q2 25 | $7.1B | $42.1M | ||
| Q1 25 | $6.8B | $38.6M | ||
| Q4 24 | $6.5B | $39.8M | ||
| Q3 24 | $5.1B | $41.3M | ||
| Q2 24 | $5.0B | $42.4M | ||
| Q1 24 | $3.6B | $39.3M |
| Q4 25 | $13.4B | $187.8M | ||
| Q3 25 | $12.5B | $192.8M | ||
| Q2 25 | $11.5B | $45.2M | ||
| Q1 25 | $10.3B | $53.4M | ||
| Q4 24 | $9.8B | $55.6M | ||
| Q3 24 | $9.5B | $56.2M | ||
| Q2 24 | $9.0B | $51.5M | ||
| Q1 24 | $8.7B | $51.3M |
| Q4 25 | $36.2B | $733.9M | ||
| Q3 25 | $27.1B | $787.0M | ||
| Q2 25 | $25.7B | $334.7M | ||
| Q1 25 | $22.9B | $326.8M | ||
| Q4 24 | $21.4B | $311.8M | ||
| Q3 24 | $19.6B | $315.1M | ||
| Q2 24 | $18.6B | $290.4M | ||
| Q1 24 | $16.7B | $312.3M |
| Q4 25 | 1.09× | 0.21× | ||
| Q3 25 | 0.57× | 0.21× | ||
| Q2 25 | 0.62× | 0.93× | ||
| Q1 25 | 0.66× | 0.72× | ||
| Q4 24 | 0.66× | 0.71× | ||
| Q3 24 | 0.54× | 0.73× | ||
| Q2 24 | 0.56× | 0.82× | ||
| Q1 24 | 0.41× | 0.77× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $-36.1M |
| Free Cash FlowOCF − Capex | $1.5B | $-42.2M |
| FCF MarginFCF / Revenue | 22.8% | -24.7% |
| Capex IntensityCapex / Revenue | 3.9% | 3.6% |
| Cash ConversionOCF / Net Profit | 1.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | $4.4B | $-53.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $-36.1M | ||
| Q3 25 | $1.5B | $-47.2M | ||
| Q2 25 | $1.4B | $-1.7M | ||
| Q1 25 | $764.9M | $56.0M | ||
| Q4 24 | $847.1M | $-1.3M | ||
| Q3 24 | $704.0M | $14.3M | ||
| Q2 24 | $664.1M | $9.3M | ||
| Q1 24 | $599.5M | $-3.9M |
| Q4 25 | $1.5B | $-42.2M | ||
| Q3 25 | $1.2B | $-48.0M | ||
| Q2 25 | $1.1B | $-4.3M | ||
| Q1 25 | $576.3M | $41.2M | ||
| Q4 24 | $647.3M | $-2.0M | ||
| Q3 24 | $474.0M | $9.1M | ||
| Q2 24 | $522.8M | $8.5M | ||
| Q1 24 | $505.2M | $-5.2M |
| Q4 25 | 22.8% | -24.7% | ||
| Q3 25 | 19.6% | -31.9% | ||
| Q2 25 | 19.8% | -7.3% | ||
| Q1 25 | 12.0% | 67.2% | ||
| Q4 24 | 15.0% | -2.6% | ||
| Q3 24 | 11.7% | 9.7% | ||
| Q2 24 | 14.5% | 9.1% | ||
| Q1 24 | 15.5% | -6.5% |
| Q4 25 | 3.9% | 3.6% | ||
| Q3 25 | 4.2% | 0.6% | ||
| Q2 25 | 5.3% | 4.5% | ||
| Q1 25 | 3.9% | 24.1% | ||
| Q4 24 | 4.6% | 0.9% | ||
| Q3 24 | 5.7% | 5.5% | ||
| Q2 24 | 3.9% | 0.9% | ||
| Q1 24 | 2.9% | 1.6% |
| Q4 25 | 1.44× | — | ||
| Q3 25 | 1.18× | -0.33× | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 1.16× | 9.47× | ||
| Q2 24 | 1.27× | — | ||
| Q1 24 | 1.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APH
| Communications Solutions Segment | $3.5B | 54% |
| Harsh Environment Solutions Segment | $1.7B | 26% |
| Sales Channel Through Intermediary | $1.4B | 21% |
SKYT
| Advanced Technology Services Time And Materials And Cost Plus Fixed Fee Contracts | $140.9M | 82% |
| Tool | $28.9M | 17% |
| Overbilling Of ATS Development Revenues | $2.0M | 1% |
