Financials in USD. Standardized financial statements.
A compact view of how SkyWater Technology, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $442.14M | $342.27M | $286.68M | $212.94M | $162.85M | $140.44M | $136.72M | $132.17M |
| Revenue Growth? | +29.2% | +19.4% | +34.6% | +30.8% | +16.0% | +2.7% | +3.4% | 0.0% |
| Cost of Revenue? | $353.80M | $272.64M | $227.39M | $186.97M | $170.32M | $117.75M | $111.38M | $100.83M |
| Gross Profit? | $88.33M | $69.63M | $59.29M | $25.97M | -$7.47M | $22.69M | $25.35M | $31.34M |
| Gross Margin? | +20.0% | +20.3% | +20.7% | +12.2% | -4.6% | +16.2% | +18.5% | +23.7% |
| Operating Expenses? | $89.50M | $63.07M | $74.08M | $55.73M | $49.63M | $31.33M | $34.32M | $17.38M |
| Operating Income? | -$1.17M | $6.56M | -$14.79M | -$29.77M | -$57.10M | -$8.64M | -$8.97M | $13.96M |
| EBITDA? | $34.50M | $25.25M | $14.14M | -$2.68M | -$23.28M | $9.57M | $3.23M | $28.97M |
| Income Before Tax | $95.46M | -$2.28M | -$25.61M | -$36.06M | -$54.19M | -$14.79M | -$19.98M | -$21,000 |
| Income Tax Expense | -$27.99M | $240,000 | -$521,000 | $809,000 | -$6.79M | $4.92M | -$3.56M | $44,000 |
| Net Income? | $118.92M | -$6.79M | -$30.76M | -$39.59M | -$50.70M | -$20.62M | -$16.42M | -$65,000 |
| EPS? | $2.47 | $-0.14 | $-0.68 | $-0.90 | $-1.19 | $-0.50 | $-0.42 | $-0.00 |
| Diluted EPS? | $2.44 | $-0.14 | $-0.68 | $-0.90 | $-1.19 | $-0.50 | $-0.42 | $-0.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality