SKYT Stock - SkyWater Technology, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $342.27M | $286.68M | $212.94M | $162.85M | $140.44M |
| Gross Profit | $69.63M | $59.29M | $25.97M | $-7,472,000 | $22.69M |
| Gross Margin | 20.3% | 20.7% | 12.2% | -4.6% | 16.2% |
| Operating Income | $6.56M | $-14,788,000 | $-29,767,000 | $-57,104,000 | $-8,642,000 |
| Net Income | $-6,793,000 | $-30,756,000 | $-39,593,000 | $-50,696,000 | $-20,617,000 |
| Net Margin | -2.0% | -10.7% | -18.6% | -31.1% | -14.7% |
| EPS | $-0.14 | $-0.68 | $-0.90 | $-1.19 | $-0.50 |
SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, microelectromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 6th 2025 | TD Cowen | Reiterated | Buy | $24← $22 |
| October 22nd 2025 | Stifel | Initiation | Buy | $25 |
| May 8th 2025 | TD Cowen | Reiterated | Buy | $12← $15 |
| February 27th 2024 | TD Cowen | Reiterated | Outperform | $15← $12 |
| February 27th 2024 | Needham | Reiterated | Buy | $15← $13 |
| April 26th 2022 | Craig Hallum | Initiation | Buy | $10 |
Earnings History & Surprises
SKYTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 25, 2026 | $-0.01 | — | — | — |
Q4 2025 | Nov 5, 2025 | $-0.17 | $0.24 | +239.5% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $-0.17 | $-0.11 | +35.3% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $-0.13 | $-0.08 | +38.5% | ✓ BEAT |
Q1 2025 | Feb 26, 2025 | $-0.06 | $0.04 | +166.7% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.01 | $0.08 | +599.9% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $-0.10 | $0.02 | +120.0% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $-0.05 | $-0.08 | -60.0% | ✗ MISS |
Q1 2024 | Feb 26, 2024 | $-0.11 | $-0.02 | +81.8% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $-0.11 | $-0.05 | +54.5% | ✓ BEAT |
Q3 2023 | Aug 7, 2023 | $-0.09 | $-0.14 | -55.6% | ✗ MISS |
Q2 2023 | May 8, 2023 | $-0.13 | $-0.06 | +53.8% | ✓ BEAT |
Q1 2023 | Feb 13, 2023 | $-0.11 | $-0.03 | +72.7% | ✓ BEAT |
Q4 2022 | Nov 7, 2022 | $-0.26 | $-0.13 | +50.0% | ✓ BEAT |
Q3 2022 | Aug 15, 2022 | $-0.34 | $-0.27 | +20.6% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $-0.36 | $-0.33 | +8.3% | ✓ BEAT |
Q1 2022 | Feb 22, 2022 | $-0.34 | $-0.28 | +17.6% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $-0.13 | $-0.29 | -123.1% | ✗ MISS |
Q3 2021 | Aug 3, 2021 | $-0.10 | $-0.15 | -50.0% | ✗ MISS |
Latest News
SkyWater Technology Files For Mixed Shelf; Size Not Disclosed- SEC Filing
➖ NeutralSkyWater And Silicon Quantum Computing Partner To Accelerate Commercialization Of Hybrid Quantum-Classical Technologies
📈 PositiveTD Cowen Maintains Buy on SkyWater Technology, Raises Price Target to $24
📈 PositivePiper Sandler Maintains Overweight on SkyWater Technology, Raises Price Target to $17
📈 PositiveNeedham Maintains Buy on SkyWater Technology, Raises Price Target to $20
📈 PositiveSkyWater Technology Partners With QuamCore To Co-Develop Single Flux Quantum Devices For Large-Scale Quantum Computing
📈 PositiveSkyWater Technology shares are trading higher after the company beat Q3 earnings and revenue estimates and issued strong Q4 guidance.
📈 PositiveSkyWater Technology shares are trading higher after the company beat Q3 earnings and revenue estimates and issued strong Q4 guidance.
📈 PositiveSkyWater Technology Non-GAAP EPS of $0.24 beats by $0.41, revenue of $64.13M misses by $71.29M
➖ NeutralSkyWater Technology Sees Q4 Adj EPS $(0.08)-$0.04 vs $(0.10) Est; Sees Sales $155.000M-$165.000M vs $161.674M Est
📈 PositiveSkyWater Technology Sees Q4 GAAP EPS $(0.21)-$(0.09) vs $(0.16) Est
📉 NegativeSkyWater Technology Q3 Adj. EPS $0.24 Beats $(0.17) Estimate, Sales $150.741M Beat $135.496M Estimate
📈 PositiveStifel Initiates Coverage On SkyWater Technology with Buy Rating, Announces Price Target of $25
📈 PositiveSkyWater Technology Files For $350M Mixed Shelf Offering
➖ NeutralWatching SkyWater Technology; Traders Circulate X Post Saying CEO Was At The White House This Past Friday, Had Meeting At The Eisenhower Executive Office Building
➖ NeutralFrequently Asked Questions about SKYT
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