SkyWater Technology, Inc. (SKYT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 160.69M | 171.04M | 150.74M | 59.06M | 61.3M | 75.49M | 93.82M | 93.33M | 79.64M | 79.15M | 71.62M | 69.81M | 66.09M | 65.09M | 52.33M | 47.41M | 48.12M | 38.53M | 35.02M | 41.19M |
| Revenue Growth % | 162.15% | 126.58% | 60.68% | -36.72% | -23.03% | -4.63% | 30.99% | 33.69% | 20.49% | 21.61% | 36.88% | 47.26% | 37.35% | 68.91% | 49.4% | 15.1% | 0.04% | -3.12% | 6.13% | - |
| Cost of Goods Sold | 128.53M | 144.08M | 114.52M | 48.16M | 47.04M | 56.19M | 73.58M | 76.22M | 66.66M | 67.14M | 57.48M | 53.14M | 49.63M | 48.54M | 44.05M | 45.33M | 49.06M | 55.16M | 36.85M | 39.38M |
| COGS % of Revenue | 79.99% | 84.24% | 75.97% | 81.55% | 76.74% | 74.44% | 78.43% | 81.66% | 83.7% | 84.83% | 80.25% | 76.13% | 75.08% | 74.57% | 84.18% | 95.61% | 101.95% | 143.14% | 105.22% | 95.6% |
| Gross Profit | 32.15M | 26.96M | 36.22M | 10.9M | 14.26M | 19.3M | 20.23M | 17.11M | 12.98M | 12.01M | 14.15M | 16.67M | 16.47M | 16.55M | 8.28M | 2.08M | -940K | -16.62M | -1.83M | 1.81M |
| Gross Margin % | 20.01% | 15.76% | 24.03% | 18.45% | 23.26% | 25.56% | 21.57% | 18.34% | 16.3% | 15.17% | 19.75% | 23.87% | 24.92% | 25.43% | 15.82% | 4.39% | -1.95% | -43.14% | -5.22% | 4.4% |
| Gross Profit Growth % | 125.52% | 39.71% | 79% | -36.32% | 9.84% | 60.67% | 43.03% | 2.68% | -21.18% | -27.43% | 70.92% | 701.3% | 1851.91% | 199.56% | 553.04% | 14.79% | -110.26% | -571.17% | -125.1% | - |
| Operating Expenses | 37.43M | 25.48M | 25.28M | 17.38M | 18.28M | 16.64M | 15.53M | 15.71M | 15.18M | 17.96M | 18.34M | 20.22M | 17.56M | 15.25M | 13.36M | 13.16M | 13.97M | 11.03M | 10.21M | 17.81M |
| OpEx % of Revenue | 23.29% | 14.9% | 16.77% | 29.42% | 29.82% | 22.05% | 16.55% | 16.84% | 19.06% | 22.69% | 25.6% | 28.96% | 26.57% | 23.43% | 25.53% | 27.75% | 29.04% | 28.61% | 29.15% | 43.24% |
| Selling, General & Admin | 32.43M | 21.85M | 20.91M | 14.01M | 15.03M | 12.43M | 12.1M | 12.33M | 11.17M | 15.09M | 16.11M | 17.82M | 14.89M | 13.04M | 10.78M | 10.79M | 11.69M | 9.95M | 9.63M | 15.41M |
| SG&A % of Revenue | 20.18% | 12.77% | 13.87% | 23.72% | 24.52% | 16.46% | 12.89% | 13.21% | 14.03% | 19.06% | 22.49% | 25.53% | 22.54% | 20.03% | 20.6% | 22.77% | 24.29% | 25.82% | 27.48% | 37.43% |
| Research & Development | 5M | 3.63M | 4.37M | 3.37M | 3.25M | 4.21M | 3.43M | 3.38M | 4.01M | 2.87M | 2.23M | 2.4M | 2.67M | 2.21M | 2.58M | 2.36M | 2.28M | 1.23M | 2.25M | 3.34M |
| R&D % of Revenue | 3.11% | 2.12% | 2.9% | 5.7% | 5.3% | 5.58% | 3.66% | 3.62% | 5.04% | 3.63% | 3.12% | 3.43% | 4.04% | 3.39% | 4.93% | 4.98% | 4.74% | 3.19% | 6.43% | 8.11% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -154K | -1000K | -942K |
| Operating Income | -5.28M | 1.48M | 10.94M | -6.48M | -4.02M | 2.65M | 4.71M | 1.4M | -2.2M | -5.95M | -4.19M | -3.55M | -1.09M | 1.3M | -5.08M | -11.08M | -14.91M | -27.65M | -12.04M | -16M |
| Operating Margin % | -3.28% | 0.86% | 7.26% | -10.97% | -6.56% | 3.52% | 5.02% | 1.5% | -2.76% | -7.52% | -5.85% | -5.08% | -1.66% | 2% | -9.71% | -23.36% | -30.99% | -71.75% | -34.36% | -38.85% |
| Operating Income Growth % | -31.2% | -44.31% | 132.34% | -562.71% | -82.74% | 144.58% | 212.36% | 139.45% | -101% | -557.22% | 17.52% | 67.96% | 92.66% | 104.71% | 57.78% | 30.78% | -950.14% | -393.89% | -2025.76% | - |
| EBITDA | 8.92M | 15.34M | 23.13M | -2.18M | 336K | 8.05M | 8.88M | 5.46M | 2.86M | 1.33M | 2.9M | 3.66M | 6.26M | 8.75M | 1.55M | -3.88M | -8.45M | -20.58M | -5.07M | -9.15M |
| EBITDA Margin % | 5.55% | 8.97% | 15.34% | -3.69% | 0.55% | 10.67% | 9.46% | 5.85% | 3.6% | 1.68% | 4.05% | 5.24% | 9.47% | 13.45% | 2.97% | -8.18% | -17.57% | -53.41% | -14.48% | -22.2% |
| EBITDA Growth % | 2555.36% | 90.47% | 160.59% | -139.84% | -88.27% | 507.24% | 205.93% | 49.37% | -54.23% | -84.85% | 86.68% | 194.35% | 174.01% | 142.54% | 130.64% | 57.61% | -267.01% | -13377.42% | -199.47% | - |
| D&A (Non-Cash Add-back) | 14.2M | 13.86M | 12.19M | 4.3M | 4.36M | 5.4M | 4.17M | 4.06M | 5.07M | 7.28M | 7.09M | 7.21M | 7.35M | 7.45M | 6.63M | 7.2M | 6.46M | 7.07M | 6.96M | 6.85M |
| EBIT | -5.28M | 1.48M | 118.64M | -6.48M | -4.02M | 2.65M | 4.71M | 1.4M | -2.2M | -5.95M | -4.19M | -3.55M | -1.09M | 201K | -5.08M | -11.08M | -14.91M | -27.65M | -12.04M | -9.55M |
| Net Interest Income | 6.16M | -4.94M | -5.32M | -1.64M | -1.81M | -1.98M | -1.99M | -2.48M | -2.39M | -2.9M | -2.51M | -2.95M | -2.47M | -1.79M | -1.33M | -1.04M | -1.03M | -839K | -733K | -912K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -6.16M | 4.94M | 5.32M | 1.64M | 1.81M | 1.98M | 1.99M | 2.48M | 2.39M | 2.9M | 2.51M | 2.95M | 2.47M | 1.79M | 1.33M | 1.04M | 1.03M | 839K | 733K | 912K |
| Other Income/Expense | -6.16M | -5.39M | 102.38M | -1.64M | -1.81M | -1.98M | -1.99M | -2.48M | -2.39M | -2.9M | -2.51M | -2.95M | -2.47M | -2.9M | -1.33M | -1.04M | -1.03M | -839K | -733K | 5.54M |
| Pretax Income | -11.44M | -3.91M | 113.32M | -8.12M | -5.83M | 676K | 2.72M | -1.08M | -4.59M | -8.85M | -6.7M | -6.5M | -3.57M | -1.59M | -6.41M | -12.12M | -15.94M | -28.49M | -12.77M | -10.46M |
| Pretax Margin % | -7.12% | -2.29% | 75.18% | -13.74% | -9.52% | 0.9% | 2.9% | -1.16% | -5.76% | -11.18% | -9.35% | -9.31% | -5.4% | -2.45% | -12.25% | -25.56% | -33.13% | -73.93% | -36.46% | -25.39% |
| Income Tax | -284K | 2.71M | -31.83M | 742K | 384K | 233K | 93K | -127K | 41K | -450K | -96K | 25K | 0 | 853K | 87K | 63K | -194K | -2.32M | 194K | -4.24M |
| Effective Tax Rate % | 2.48% | -69.38% | -28.09% | -9.14% | -6.58% | 34.47% | 3.42% | 11.74% | -0.89% | 5.08% | 1.43% | -0.38% | 0% | -53.55% | -1.36% | -0.52% | 1.22% | 8.15% | -1.52% | 40.51% |
| Net Income | -12.31M | -7.78M | 144.01M | -9.98M | -7.34M | -679K | 1.51M | -1.9M | -5.73M | -10.32M | -7.57M | -8.59M | -4.27M | -3.04M | -6.94M | -13.01M | -16.61M | -27.04M | -13.87M | -6.98M |
| Net Margin % | -7.66% | -4.55% | 95.54% | -16.89% | -11.98% | -0.9% | 1.61% | -2.03% | -7.19% | -13.04% | -10.57% | -12.3% | -6.46% | -4.68% | -13.26% | -27.43% | -34.51% | -70.16% | -39.6% | -16.94% |
| Net Income Growth % | -67.57% | -1045.07% | 9424.67% | -425.99% | -28.21% | 93.42% | 119.98% | 77.92% | -34.07% | -239.3% | -9.06% | 33.95% | 74.27% | 88.74% | 49.97% | -86.34% | -490.75% | -119.84% | -738.57% | - |
| Net Income (Continuing) | -11.15M | -6.63M | 145.15M | -8.86M | -6.22M | 443K | 2.63M | -955K | -4.63M | -8.4M | -6.6M | -6.52M | -3.57M | -2.45M | -6.5M | -12.18M | -15.75M | -26.16M | -12.96M | -6.22M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 7.63M | 7.99M | 6.94M | 6.73M | 6.03M | 5.88M | 12.39M | 5.36M | 8.06M | 6.96M | 4.95M | 3.56M | 985K | 308K | -372K | -382K | -678K | -1.2M | -1.11M | -1.43M |
| EPS (Diluted) | -0.25 | -0.16 | 2.95 | -0.21 | -0.15 | -0.01 | 0.03 | -0.04 | -0.12 | -0.22 | -0.16 | -0.19 | -0.10 | -0.06 | -0.17 | -0.32 | -0.34 | -0.69 | -0.36 | -0.20 |
| EPS Growth % | -66.67% | -1026.76% | 9205.99% | -425% | -25% | 93.55% | 119.81% | 78.95% | -23.08% | -283.28% | 5.88% | 40.63% | 71.32% | 91.68% | 52.78% | -60% | -345.61% | -109.09% | -727.59% | - |
| EPS (Basic) | -0.25 | -0.16 | 2.98 | -0.21 | -0.15 | -0.01 | 0.03 | -0.04 | -0.12 | -0.22 | -0.16 | -0.19 | -0.10 | -0.06 | -0.17 | -0.32 | -0.34 | -0.69 | -0.36 | -0.20 |
| Diluted Shares Outstanding | 48.77M | 48.57M | 48.77M | 48.09M | 47.79M | 47.4M | 47.64M | 47.39M | 47.1M | 47.02M | 46.45M | 44.74M | 43.82M | 42.61M | 40.67M | 40.2M | 39.86M | 39.32M | 39.06M | 34.71M |
| Basic Shares Outstanding | 48.77M | 48.57M | 48.27M | 48.09M | 47.79M | 47.4M | 47.52M | 47.39M | 47.1M | 47.02M | 46.45M | 44.74M | 43.82M | 42.61M | 40.67M | 40.2M | 39.86M | 39.32M | 39.06M | 34.71M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |