Income Statement
SKYWATER TECHNOLOGY, INC
SKYT
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
442.14 | 342.27 | 286.68 | 212.94 | 162.85 |
|
Cost of Revenue
|
355.21 | 272.64 | 227.39 | 186.97 | 170.32 |
|
Gross Profit
|
86.93 | 69.63 | 59.29 | 25.97 | -7.47 |
|
Operating Expenses
|
89.50 | 63.07 | 74.08 | 55.73 | 52.34 |
|
Research & Development
|
14.62 | 15.04 | 10.17 | 9.43 | 8.75 |
|
Selling, General & Administrative
|
74.88 | 48.03 | 63.91 | 46.30 | 43.60 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
-2.58 | 6.56 | -14.79 | -29.77 | -59.81 |
|
Non-Operating Income
|
111.75 | 0.00 | 0.00 | 0.00 | 2.91 |
|
Interest Income
|
- | - | - | - | - |
|
Interest Expense
|
1.20 | - | 10.83 | 5.19 | 3.54 |
|
Other Non-Op Income / Expense
|
- | - | - | - | - |
|
Income Before Tax
|
143.67 | 0.00 | 0.00 | 0.00 | 0.00 |
|
Income Tax Expense
|
-23.45 | 4.52 | 5.14 | 3.53 | -3.50 |
|
Non-Controlling Interest
|
4.54 | 4.28 | 5.66 | 2.72 | 3.29 |
|
Net Income
|
118.91 | -6.79 | -30.76 | -39.59 | -50.70 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
33.09 | 25.25 | 14.14 | -1.58 | -32.45 |
|
Earnings Per Share (Basic)
|
2.47 | -0.14 | -0.68 | -0.97 | -1.76 |
|
Diluted EPS
|
2.44 | -0.14 | -0.68 | -0.97 | -1.76 |
|
Weighted Average Shares
|
48.18 | 47.40 | 45.51 | 40.84 | 29.04 |
|
Diluted Weighted Avg Shares
|
48.71 | 47.40 | 45.51 | 40.84 | 29.04 |
|
Comprehensive Income
|
- | - | - | - | - |