SkyWater Technology, Inc. (SKYT) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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SKYT Revenue Growth
Revenue Breakdown (FY 2025)
SKYT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SKYT Revenue Analysis (2018–2025)
As of May 8, 2026, SkyWater Technology, Inc. (SKYT) generated trailing twelve-month (TTM) revenue of $442.1 million, reflecting explosive growth of +126.6% year-over-year. The most recent quarter (Q4 2025) recorded $171.0 million in revenue, up 13.5% sequentially.
Looking at the longer-term picture, SKYT's 5-year compound annual growth rate (CAGR) stands at +25.8%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $442.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows SKYT's business is primarily driven by Wafer Services (74%), Advanced Technology Services, Fixed Price (26%), and Advanced Technology Services, Other (1%). With over half of revenue concentrated in Wafer Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including TSEM (+9.1% YoY), ICHR (+7.5% YoY), and CRUS (+5.3% YoY), SKYT has outperformed the peer group in terms of revenue growth. Compare SKYT vs TSEM →
SKYT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SKYTCurrent | $442M | +126.6% | +25.8% | -0.3% | |
 TSEM | $1.6B | +9.1% | +4.4% | 12.4% | |
 ICHR | $948M | +7.5% | +0.7% | -4.1% | |
 CRUS | $2.0B | +5.3% | +7.8% | 23.0% | |
 GFS | $6.8B | +0.6% | +7.0% | 11.7% | |
 UMC | $237.6B | +2.2% | +6.1% | 18.5% |
SKYT Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $442.1M | +29.2% | $88.3M | 20.0% | $-1,168,000 | -0.3% |
| 2024 | $342.3M | +19.4% | $69.6M | 20.3% | $6.6M | 1.9% |
| 2023 | $286.7M | +34.6% | $59.3M | 20.7% | $-14,788,000 | -5.2% |
| 2022 | $212.9M | +30.8% | $26.0M | 12.2% | $-29,767,000 | -14.0% |
| 2021 | $162.8M | +16.0% | $-7,472,000 | -4.6% | $-57,104,000 | -35.1% |
| 2020 | $140.4M | +2.7% | $22.7M | 16.2% | $-8,642,000 | -6.2% |
| 2019 | $136.7M | +3.4% | $25.3M | 18.5% | $-8,971,000 | -6.6% |
| 2018 | $132.2M | - | $31.3M | 23.7% | $14.0M | 10.6% |
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Start ComparisonSKYT — Frequently Asked Questions
Quick answers to the most common questions about buying SKYT stock.
Is SKYT's revenue growth accelerating or slowing?
SKYT revenue is accelerating at +126.6% year-over-year, exceeding the 5-year CAGR of +25.8%. TTM revenue reached $442M. Growth momentum has increased versus prior periods.
What is SKYT's long-term revenue growth rate?
SkyWater Technology, Inc.'s 5-year revenue CAGR of +25.8% reflects the sustained expansion pattern. Current YoY growth of +126.6% is above this long-term average.
How is SKYT's revenue distributed by segment?
SKYT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.