SkyWater Technology, Inc. SKYT R2K
Technology · Semiconductors · United States
SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor manufacturing services in the United States. The company operates through two segments, Legacy SkyWater and SkyWater Texas. The company offers foundry services; 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. SkyWater Technology, Inc. was incorporated in 2016 and is headquartered in Bloomington, Minnesota.
READ MORE ›$38.98
+331.19% 1Y
Market & Price
Market Cap
$1.92B
Current Price
$38.98
High / Low (52W)
$38.98 / $8.19
Beta
3.30
Valuation
Stock P/E
16.66
Industry PE
32.74
Forward P/E
-
PEG Ratio
-
Book Value
$3.86
Price to Book
10.09
P/S
3.54
EV/EBITDA
53.30
Dividend Yield
-
Profitability & Returns
ROCE
26.63%
ROE
95.85%
ROA
-0.45%
Profit Margin
21.04%
Op Margin
-3.28%
EPS (Latest Qtr)
$-0.25
EPS (TTM)
$2.34
Balance Sheet & Liquidity
Debt/Equity
1.27
Quick Ratio
0.39
Current Ratio
0.51
Debt
$238.32M
Total Assets
$733.91M
Current Assets
$193.20M
Working Capital
$-130.82M
Ownership
Promoter Holding
25.49%
Chg in Prom Hold
-
FII / Inst Holding
61.24%
Chg in FII Hold
0.17%
Financial Snapshot
Enterprise Value
$2.14B
Total Revenue (TTM)
$541.53M
EBITDA
$40.19M
Free Cash Flow
$35.89M
Operating Cash Flow
$-57.03M
Shares Outstanding
49.20M
Gross Margin
19.36%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
27.58%
Profit 5Y
133.44%
Revenue (YoY)
162.10%
Earnings (YoY)
-
PROS
- Strong return on equity of 95.8%.
- Healthy ROCE of 26.6%.
- Excellent profit margin of 21.0%.
- Compounding revenue at 27.6% over 5 years.
- Profit CAGR of 133.4% over 5 years.
- Generates positive free cash flow.
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SKYT SkyWater Technology, Inc. R2K | 38.98 | 16.66 | $1.92B | - | 26.63% | 95.85% | 27.58% | 133.44% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2020 | Jun 2020 | Sep 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.90M | 30.76M | 33.00M | 48.10M | 41.19M | 35.02M | 48.12M | 47.41M | 52.33M | 66.09M | 69.81M | 71.62M | 79.64M | 93.33M | - | 61.30M | 59.06M | 150.74M | 171.04M | 160.69M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47.04M | 48.16M | 114.52M | 145.49M | 128.53M |
| Gross Profit | 6.42M | 5.46M | 7.28M | 9.17M | 1.81M | -1.83M | -940.00K | 2.08M | 8.28M | 16.47M | 16.67M | 14.15M | 12.98M | 17.11M | - | 14.26M | 10.90M | 36.22M | 25.55M | 32.15M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.28M | 17.38M | 28.37M | 25.48M | 37.43M |
| Operating Income | -712.00K | -2.96M | 625.00K | -1.42M | -16.00M | -12.04M | -14.91M | -11.08M | -5.08M | -1.09M | -3.55M | -4.19M | -2.20M | 1.40M | - | -4.02M | -6.48M | 7.85M | 70.00K | -5.28M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 483.00K | -1.94M | 131.12M | 15.17M | 8.92M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.81M | 1.64M | 5.32M | 4.94M | 6.16M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -5.83M | -8.12M | 113.32M | -3.92M | -11.44M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 384.00K | 742.00K | -31.83M | 2.71M | -284.00K |
| Net Income | -1.37M | -5.29M | -1.65M | -2.81M | -6.98M | -13.87M | -16.61M | -13.01M | -6.94M | -4.27M | -8.59M | -7.57M | -5.73M | -1.90M | - | -7.34M | -9.98M | 144.01M | -7.78M | -12.31M |
| Diluted EPS | - | - | - | -1.04 | -200,000.00 | -360,000.00 | -0.42 | -0.32 | -0.17 | -0.10 | -0.19 | -0.16 | -0.12 | -0.04 | - | -0.15 | -0.21 | 2.95 | -0.16 | -0.25 |
| R&D Expense | 662.00K | 786.00K | 1.09M | 1.93M | 3.34M | 2.25M | 2.28M | 2.36M | 2.58M | 2.67M | 2.40M | 2.23M | 4.01M | 3.38M | 3.43M | 3.25M | 3.37M | 4.37M | - | 5.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 140.44M | - | 162.85M | 212.94M | 212.94M | 286.68M | 342.27M | 442.14M |
| Cost of Revenue | - | - | - | 186.97M | - | 227.39M | 272.64M | 355.21M |
| Gross Profit | 22.69M | - | -7.47M | 25.97M | 25.97M | 59.29M | 69.63M | 86.93M |
| Operating Expenses | - | - | - | 55.73M | - | 74.08M | 63.07M | 89.50M |
| Operating Income | -8.64M | - | -57.10M | -29.77M | -29.77M | -14.79M | 6.56M | -2.58M |
| EBITDA | - | - | - | -2.68M | - | 14.14M | 25.25M | 144.84M |
| Interest Expense | - | - | - | 5.19M | - | 10.83M | 8.84M | 13.71M |
| Pretax Income | - | - | - | -36.06M | - | -25.61M | -2.28M | 95.46M |
| Tax Provision | - | - | - | 809.00K | - | -521.00K | 240.00K | -27.99M |
| Net Income | -20.62M | - | -50.70M | -39.59M | -39.59M | -30.76M | -6.79M | 118.91M |
| Diluted EPS | -1.15 | -1.76 | -1.76 | -0.97 | -0.97 | -0.68 | -0.14 | - |
| R&D Expense | 4.21M | - | 8.75M | - | 9.43M | 10.17M | 15.04M | 14.62M |
Compounded Sales Growth
| 5 Years: | 27.58% |
| 1 Year: | 162.10% |
Compounded Profit Growth
| 5 Years: | 133.44% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +331.19% |
| 6 Months: | +163.20% |
| 3 Months: | +32.32% |
| 1 Month: | +27.76% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2019 | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 263.21M | - | 263.60M | 305.76M | 305.76M | 316.76M | 311.81M | 733.91M |
| Current Assets | - | - | - | - | 116.55M | - | 146.38M | 130.11M | 193.20M |
| Cash & Equivalents | - | 7.44M | - | 12.92M | 30.02M | 30.02M | 18.38M | 18.84M | 23.22M |
| Inventory | - | - | - | - | 13.40M | - | 15.34M | 14.54M | 24.60M |
| Receivables | - | - | - | - | 28.05M | - | 65.96M | 52.36M | 100.08M |
| Total Liabilities | - | 264.79M | - | 203.67M | 251.79M | 251.79M | 256.06M | 250.28M | 538.10M |
| Current Liabilities | - | 86.33M | - | 47.77M | 132.17M | 132.17M | 144.20M | 154.33M | 324.02M |
| Long Term Debt | - | 69.83M | - | 58.43M | 35.18M | 35.18M | 36.10M | 34.70M | 32.94M |
| Total Debt | - | - | - | - | 103.04M | - | 72.86M | 76.76M | 250.34M |
| Total Equity | 24.17M | -16.00K | - | 61.13M | 53.67M | 53.67M | 53.74M | 55.64M | 187.82M |
| Shares Outstanding | - | - | - | - | 43.70M | - | 47.03M | 47.70M | 48.61M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 96.19M | - | -55.68M | -14.30M | -14.30M | 10.08M | 18.46M | -28.97M |
| Investing Cash Flow | -88.18M | - | -29.82M | -17.45M | -17.45M | -10.49M | -11.21M | -113.04M |
| Financing Cash Flow | -5.19M | - | 90.98M | 48.86M | 48.86M | -11.23M | -6.79M | 146.39M |
| Capital Expenditure | -85.77M | - | -30.76M | -17.45M | -17.05M | -10.49M | -11.26M | -27.21M |
| Free Cash Flow | 10.43M | - | -86.44M | -31.75M | -31.35M | -408.00K | 7.20M | -56.17M |
| Net Change in Cash | - | - | - | 17.11M | - | -11.64M | 462.00K | 4.38M |
| Share Buybacks | 4.08M | - | 0 | - | 0 | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Jan 2021 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 16.2% | - | -4.6% | 12.2% | 12.2% | 20.7% | 20.3% | 19.7% |
| Operating Margin % | -6.2% | - | -35.1% | -14.0% | -14.0% | -5.2% | 1.9% | -0.6% |
| Net Margin % | -14.7% | - | -31.1% | -18.6% | -18.6% | -10.7% | -2.0% | 26.9% |
| ROE % | 128,856.2% | - | -82.9% | -73.8% | -73.8% | -57.2% | -12.2% | 63.3% |
| ROCE % | -4.9% | - | -26.5% | -17.1% | -17.1% | -8.6% | 4.2% | -0.6% |
Shareholding Pattern
Insiders
25.49%
Institutions
61.24%
Public Float
82.18%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 5.20% | 2.56M | $99.66M |
| 2 | Balyasny Asset Management LP | 4.88% | 2.40M | $93.52M |
| 3 | Vanguard Capital Management LLC | 3.10% | 1.53M | $59.53M |
| 4 | State Street Corporation | 2.99% | 1.47M | $57.43M |
| 5 | American Century Companies Inc | 2.77% | 1.36M | $53.19M |
| 6 | Alliancebernstein L.P. | 2.74% | 1.35M | $52.52M |
| 7 | Alpine Associates Management Inc. | 2.50% | 1.23M | $47.87M |
| 8 | UBS Group AG | 2.41% | 1.19M | $46.29M |
| 9 | Magnetar Financial LLC | 2.39% | 1.18M | $45.82M |
| 10 | AQR Arbitrage LLC | 1.93% | 950.96K | $37.07M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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