SkyWater Technology, Inc
SKYTNasdaq
$31.36
↓ -0.5%Jul 17 close · end-of-day
Price
1Y↑ +206.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.5B
Enterprise Value
$1.5B
P/E
13.4
P/S
2.8
P/B
8.5
EV/EBITDA
37.2
PEG
—
FCF Yield
-5.0%
Dividend Yield
—
Revenue (TTM)
$541.5M
Net Income (TTM)
$113.9M
Free Cash Flow (TTM)
-$75.6M
Gross Margin
19.4%
Operating Margin
-0.7%
Net Margin
21.0%
ROE
63.2%
ROIC
-2.0%
Debt / Equity
0.2
Net Cash
-$15.3M
Return 1Y
+195.0%
Company profile
SkyWater Technology, Inc. provides semiconductor development and manufacturing services. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries.
- CEO
- Thomas J. Sonderman
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 590
- Headquarters
- Minnesota
- Website
- skywatertechnology.com
Management & directors
- Manko SteveCFO
- Hilberg ChristopherChief Risk & Compl. Officer
- Sonderman ThomasCEO
- Sakamoto JohnPresident and COO
Roles derived from SEC Form 4 filings.
Earnings
SKYT Q1 2026 Earnings
Period ends 2026-03-29
MetricActualYoY
Revenue$160.7M↑ +162.1%
Diluted EPS-$0.25↑ +66.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $140.4M | $162.8M | $212.9M | $286.7M | $342.3M | $442.1M |
| Gross profit | $22.7M | -$7.5M | $26.0M | $59.3M | $69.6M | $86.9M |
| Operating income | -$8.6M | -$57.1M | -$29.8M | -$14.8M | $6.6M | -$2.6M |
| Net income | -$20.6M | -$50.7M | -$39.6M | -$30.8M | -$6.8M | $118.9M |
| Diluted EPS | -$1.15 | -$1.76 | -$0.97 | -$0.68 | -$0.14 | $2.44 |
| Operating cash flow | $96.2M | -$55.7M | -$14.3M | $10.1M | $18.5M | -$29.0M |
| Free cash flow | $10.4M | -$86.4M | -$31.4M | $1.5M | $10.5M | -$53.3M |
| Gross margin | 16.2% | -4.6% | 12.2% | 20.7% | 20.3% | 19.7% |
| Operating margin | -6.2% | -35.1% | -14.0% | -5.2% | 1.9% | -0.6% |
| Net margin | -14.7% | -31.1% | -18.6% | -10.7% | -2.0% | 26.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $93.3M | $93.8M | $75.5M | $61.3M | $59.1M | $150.7M | $171.0M | $160.7M |
| Gross profit | $17.1M | $20.2M | $19.3M | $14.3M | $10.9M | $36.2M | $25.6M | $32.2M |
| Operating income | $1.4M | $4.7M | $2.7M | -$4.0M | -$6.5M | $7.9M | $70,000.00 | -$5.3M |
| Net income | -$1.9M | $1.5M | -$679,000.00 | -$7.3M | -$10.0M | $144.0M | -$7.8M | -$12.3M |
| Diluted EPS | -$0.04 | $0.03 | -$0.01 | -$0.15 | -$0.21 | $2.95 | -$0.15 | -$0.25 |
| Operating cash flow | $9.3M | $14.3M | -$1.3M | $56.0M | -$1.7M | -$47.2M | -$36.1M | $27.9M |
| Free cash flow | $8.5M | $9.1M | -$2.0M | $41.2M | -$4.3M | -$48.0M | -$42.2M | $18.9M |
| Gross margin | 18.3% | 21.6% | 25.6% | 23.3% | 18.5% | 24.0% | 14.9% | 20.0% |
| Operating margin | 1.5% | 5.0% | 3.5% | -6.6% | -11.0% | 5.2% | 0.0% | -3.3% |
| Net margin | -2.0% | 1.6% | -0.9% | -12.0% | -16.9% | 95.5% | -4.5% | -7.7% |
Company news
Jul 16, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-10 | Unterseher Loren A | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-06-10 | Humke Joseph J | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-06-10 | Miller Tammy J | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-06-10 | LaFrence Andrew D.C. | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-06-10 | Baxter Timothy E | Award | 5,738 | $0.00 | $0.00 | filing |
| 2026-06-10 | FARES NANCY | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-06-10 | Goetz Dennis J | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-06-10 | Daly Edward | Award | 4,304 | $0.00 | $0.00 | filing |
| 2026-05-11 | Manko Steve· CFO | Sale | 75,000 | $35.08 | $2.6M | filing |
| 2026-04-14 | Manko Steve· CFO | Sale | 84,215 | $30.41 | $2.6M | filing |
| 2026-04-14 | Manko Steve· CFO | Option exercise | 10,693 | $11.77 | $125,856.61 | filing |
| 2026-04-14 | Manko Steve· CFO | Option exercise | 11,000 | $11.24 | $123,640.00 | filing |
| 2026-04-14 | Manko Steve· CFO | Option exercise | 9,215 | $10.03 | $92,426.45 | filing |
| 2026-03-16 | Manko Steve· CFO | Sale | 81,401 | $27.84 | $2.3M | filing |
| 2026-03-16 | Manko Steve· CFO | Sale | 71,693 | $27.84 | $2.0M | filing |
| 2026-03-16 | SONDERMAN THOMAS· CEO | Tax withholding | 13,201 | $27.86 | $367,779.86 | filing |
| 2026-03-16 | Manko Steve· CFO | Sale | 9,708 | $27.84 | $270,270.72 | filing |
| 2026-03-16 | Manko Steve· CFO | Option exercise | 9,708 | $10.14 | $98,439.12 | filing |
| 2026-03-16 | Manko Steve· CFO | Tax withholding | 2,842 | $27.86 | $79,178.12 | filing |
| 2026-03-16 | Hilberg Christopher· Chief Risk & Compl. Officer | Tax withholding | 1,317 | $27.86 | $36,691.62 | filing |
| 2026-03-15 | Hilberg Christopher· Chief Risk & Compl. Officer | Award | 17,946 | $0.00 | $0.00 | filing |
| 2026-03-15 | Manko Steve· CFO | Award | 29,432 | $0.00 | $0.00 | filing |
| 2026-03-15 | Sakamoto John· President and COO | Award | 21,221 | $0.00 | $0.00 | filing |
| 2026-03-15 | SONDERMAN THOMAS· CEO | Award | 50,455 | $0.00 | $0.00 | filing |
| 2026-02-17 | Sakamoto John· President and COO | Tax withholding | 8,539 | $28.77 | $245,667.03 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.