In Q1 FY2026 (ended March 29, 2026), SkyWater Technology reported revenue of $160.7 million, up 162.1% year-over-year. Net loss was $12.3 million, improving 67.6% from a net loss of $38.0 million in the prior year. Operating loss narrowed to $5.3 million from $7.7 million. Diluted EPS was -$0.25, compared to -$0.75 a year ago.
•Revenue surged 162.1% YoY to $160.7 million.
•Net loss improved 67.6% to $12.3 million.
•Operating loss narrowed 31.2% to $5.3 million.
•Diluted EPS improved to -$0.25 from -$0.75.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
SkyWater Technology provides semiconductor manufacturing services in the United States. Its operations are structured into two segments, Legacy SkyWater and SkyWater Texas. The company offers foundry services.
Its portfolio also includes advanced technology services (ATS), wafer manufacturing services for analog, mixed-signal, MEMS, and specialty CMOS devices, and advanced semiconductor packaging.
The company serves quantum computing, aerospace and defense, automotive, bio-health, and industrial sectors. Incorporated in 2016, SkyWater Technology is headquartered in Bloomington, Minnesota.
SkyWater Technology is a semiconductor manufacturing services company based in the United States. It provides foundry services, which means it manufactures chips designed by other companies. Its portfolio includes advanced technology services (ATS), wafer manufacturing for analog, mixed-signal, MEMS, and specialty CMOS devices, as well as advanced semiconductor packaging. The company serves diverse sectors such as quantum computing, aerospace and defense, automotive, bio-health, and industrial markets. SkyWater operates through two segments: Legacy SkyWater and SkyWater Texas, allowing it to offer specialized manufacturing capabilities tailored to different customer needs.
On which stock exchange is SkyWater Technology (SKYT) listed and in what currency?
SkyWater Technology is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol SKYT. The company trades in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. Being on the NasdaqCM provides SkyWater with access to a broad base of investors, as it is one of the major stock exchanges in the United States.
What sector and industry does SkyWater Technology (SKYT) belong to?
SkyWater Technology operates in the Technology sector, specifically within the Semiconductors industry. This means the company is involved in the design, manufacturing, or distribution of semiconductor components, which are essential for electronic devices. As a semiconductor manufacturer, SkyWater plays a critical role in the supply chain for various high-tech products, from consumer electronics to specialized equipment used in aerospace and defense.
Where is SkyWater Technology (SKYT) headquartered and what markets does it serve?
SkyWater Technology is headquartered in Bloomington, Minnesota, United States. The company primarily serves the U.S. market but also caters to global industries such as quantum computing, aerospace and defense, automotive, bio-health, and industrial sectors. Its semiconductor manufacturing services support customers in these high-growth areas, leveraging its facilities in the United States to provide advanced technology solutions.
How does SkyWater Technology (SKYT) make money?
SkyWater Technology generates revenue by providing semiconductor manufacturing services to other companies. Its business model is structured around two segments: Legacy SkyWater and SkyWater Texas. The company offers foundry services, which involve fabricating chips based on customer designs, as well as advanced technology services (ATS) for specialized applications. Additionally, SkyWater provides wafer manufacturing for analog, mixed-signal, MEMS, and specialty CMOS devices, along with advanced semiconductor packaging. By serving diverse sectors like quantum computing, aerospace, and automotive, SkyWater captures value from multiple high-tech industries.