Companies/SkyWater Technology, Inc.
Company profile

SkyWater Technology, Inc.

NASDAQ: SKYT · Technology · Semiconductors
PublicHQ Bloomington, MN · HennepinCIK 0001819974Reports USD
#328 of 1,169 Technology companies by revenuetop-quartile growth
EA Score
62C
Revenue TTM
$541.5M
Rev growth YoY (TTM)
+67.2%
Net income (FY)
$118.9M
Employees
1,551
as of 2026-08-09
Market cap
$1.6B
as of 2026-08-09

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$442.1M$442.1M2025
Net income$118.9M$118.9M2025
Operating income-$2.6M-$2.6M2025
Total assets$733.9M$733.9M2025
Liabilities$538.1M$538.1M2025
Equity$187.8M$187.8M2025

Revenue trend

FY2021 – FY2025 · USD
FY21
FY21
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Wafer Services74%
Advanced Technology Services, Fixed Price26%
Advanced Technology Services, Other1%
By geography
UNITED STATES98%
All Other Countries1%
CANADA0%
HONG KONG0%
The read

What is SkyWater Technology, Inc.’s revenue?

SkyWater Technology, Inc. booked $442.1M in FY2025 revenue, growing 29% year over yearfaster than most Technology companies we track, at a 26.9% net margin.

Key facts
CEOThomas J. Sonderman
SectorTechnology
IndustrySemiconductors
HeadquartersBloomington, MN
ExchangeNASDAQ: SKYT
Employees1,551
IPO date2021-04-21
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.