Symbols / SKYT
SKYT Chart
About
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that offers semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers for various microelectronics and related micro- and nanotechnology applications; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the advanced computation, aerospace and defense, automotive, bio-health, and industrial sectors. SkyWater Technology, Inc. was incorporated in 2016 and is headquartered in Bloomington, Minnesota.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Semiconductors | Market Cap | 1.37B |
| Enterprise Value | 1.55B | Income | 126.01M | Sales | 346.59M |
| Book/sh | 3.98 | Cash/sh | 0.64 | Dividend Yield | — |
| Payout | 0.00% | Employees | 702 | IPO | — |
| P/E | 10.77 | Forward P/E | -99.83 | PEG | — |
| P/S | 3.95 | P/B | 7.07 | P/C | — |
| EV/EBITDA | 54.34 | EV/Sales | 4.48 | Quick Ratio | 0.47 |
| Current Ratio | 0.67 | Debt/Eq | 105.92 | LT Debt/Eq | — |
| EPS (ttm) | 2.61 | EPS next Y | -0.28 | EPS Growth | 97.33% |
| Revenue Growth | 60.70% | Earnings | 2026-02-25 | ROA | 0.35% |
| ROE | 97.29% | ROIC | — | Gross Margin | 23.28% |
| Oper. Margin | 7.26% | Profit Margin | 36.36% | Shs Outstand | 48.63M |
| Shs Float | 35.09M | Short Float | 7.99% | Short Ratio | 0.69 |
| Short Interest | — | 52W High | 36.27 | 52W Low | 5.67 |
| Beta | 3.51 | Avg Volume | 2.27M | Volume | 645.09K |
| Target Price | $35.00 | Recom | None | Prev Close | $27.76 |
| Price | $28.12 | Change | 1.30% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-27 | down | Piper Sandler | Overweight → Neutral | $35 |
| 2026-01-27 | down | TD Cowen | Buy → Hold | $35 |
| 2026-01-27 | down | Needham | Buy → Hold | — |
| 2025-11-06 | main | TD Cowen | Buy → Buy | $24 |
| 2025-11-06 | main | Piper Sandler | Overweight → Overweight | $17 |
| 2025-11-06 | main | Needham | Buy → Buy | $20 |
| 2025-10-22 | init | Stifel | — → Buy | $25 |
| 2025-08-07 | main | Needham | Buy → Buy | $15 |
| 2025-05-08 | main | Needham | Buy → Buy | $11 |
| 2025-02-27 | reit | Needham | Buy → Buy | $12 |
| 2024-11-11 | reit | Needham | Buy → Buy | $12 |
| 2024-10-25 | main | Piper Sandler | Overweight → Overweight | $12 |
| 2024-08-08 | main | Piper Sandler | Overweight → Overweight | $9 |
| 2024-05-09 | main | Craig-Hallum | Buy → Buy | $12 |
| 2024-05-09 | main | Needham | Buy → Buy | $12 |
| 2024-02-27 | main | Needham | Buy → Buy | $15 |
| 2024-02-27 | main | Piper Sandler | Overweight → Overweight | $14 |
| 2023-11-09 | main | Piper Sandler | Overweight → Overweight | $9 |
| 2023-11-09 | main | Needham | Buy → Buy | $13 |
| 2023-03-27 | reit | Needham | — → Buy | $25 |
- SkyWater Technology, Inc. (SKYT) Stock Sinks As Market Gains: Here's Why - Yahoo Finance Fri, 20 Feb 2026 22
- A Look At SkyWater Technology’s Valuation As Christine Dunbar Joins To Drive Growth And Customer Expansion - simplywall.st Wed, 25 Feb 2026 01
- SkyWater Technology, Inc. (NASDAQ:SKYT) Given Average Recommendation of "Hold" by Brokerages - MarketBeat ue, 24 Feb 2026 10
- IBM and GlobalFoundries veteran to steer SkyWater’s chip sales push - Stock Titan Mon, 16 Feb 2026 08
- TD Cowen Downgrades SkyWater Technology, Inc. (SKYT) to Hold After IonQ Deal - Finviz Sat, 31 Jan 2026 08
- $SKYT stock is up 8% today. Here's what we see in our data. - Quiver Quantitative Mon, 26 Jan 2026 08
- SkyWater Technology: One Year Later, The Easy Money Is Gone - Seeking Alpha ue, 20 Jan 2026 08
- SkyWater Technology to Be Acquired by IonQ - The Globe and Mail ue, 27 Jan 2026 08
- SkyWater Technology, Inc. (SKYT) Stock Declines While Market Improves: Some Information for Investors - Yahoo Finance ue, 17 Feb 2026 22
- IonQ deal means no SkyWater Q4 earnings call as results land Feb. 25 - Stock Titan Wed, 11 Feb 2026 08
- SkyWater Technology (SKYT) Is Up 34.1% After Raising Q4 Revenue Outlook on Texas Ramp-Up - Yahoo Finance Mon, 05 Jan 2026 08
- SkyWater Technology, Inc. (SKYT) Stock Slides as Market Rises: Facts to Know Before You Trade - Yahoo Finance Fri, 03 Oct 2025 07
- SkyWater Technology, Inc. (SKYT) Stock Dips While Market Gains: Key Facts - Yahoo Finance Fri, 23 Jan 2026 08
- Assessing SkyWater Technology (SKYT) Valuation After A Strong 90 Day Share Price Gain - Yahoo Finance hu, 12 Feb 2026 08
- SkyWater Technology, Inc. (SKYT) Stock Slides as Market Rises: Facts to Know Before You Trade - Yahoo Finance hu, 08 Jan 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 100000 | 1454310 | — | Sale at price 14.54 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-11-26 00:00:00 | I |
| 1 | 200000 | 2865310 | — | Sale at price 14.13 - 14.53 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-11-24 00:00:00 | I |
| 2 | 200000 | 2865310 | — | Sale at price 14.13 - 14.53 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-11-24 00:00:00 | I |
| 3 | 5210 | 69715 | — | Sale at price 13.38 per share. | SONDERMAN THOMAS J | Chief Executive Officer | — | 2025-11-21 00:00:00 | D |
| 4 | 9662 | 157065 | — | Sale at price 16.26 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-11-18 00:00:00 | I |
| 5 | 14200 | 254616 | — | Sale at price 17.45 - 20.55 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-11-17 00:00:00 | I |
| 6 | 5207 | 88519 | — | Sale at price 17.00 per share. | SONDERMAN THOMAS J | Chief Executive Officer | — | 2025-11-14 00:00:00 | D |
| 7 | 50000 | 869900 | — | Sale at price 17.40 per share. | MANKO STEVE | Chief Financial Officer | — | 2025-11-14 00:00:00 | D |
| 8 | 2480746 | — | — | Stock Gift at price 0.00 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-10-03 00:00:00 | I |
| 9 | 120370 | 2169308 | — | Sale at price 18.02 per share. | UNTERSEHER LOREN A. | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-09-26 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | -231.21K | 1.15M |
| TaxRateForCalcs | 0.21 | 0.02 | 0.21 | 0.12 |
| NormalizedEBITDA | 25.25M | 14.14M | -1.57M | -32.45M |
| TotalUnusualItems | 0.00 | 0.00 | -1.10M | 9.16M |
| TotalUnusualItemsExcludingGoodwill | 0.00 | 0.00 | -1.10M | 9.16M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -6.79M | -30.76M | -39.59M | -50.70M |
| ReconciledDepreciation | 18.69M | 28.93M | 28.19M | 27.37M |
| ReconciledCostOfRevenue | 272.64M | 227.39M | 186.97M | 170.32M |
| EBITDA | 25.25M | 14.14M | -2.68M | -23.28M |
| EBIT | 6.56M | -14.79M | -30.87M | -50.65M |
| NetInterestIncome | -8.84M | -10.83M | -5.19M | -3.54M |
| InterestExpense | 8.84M | 10.83M | 5.19M | 3.54M |
| NormalizedIncome | -6.79M | -30.76M | -38.72M | -58.71M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -6.79M | -30.76M | -39.59M | -50.70M |
| TotalExpenses | 335.71M | 301.47M | 242.71M | 222.66M |
| TotalOperatingIncomeAsReported | 6.56M | -14.79M | -29.77M | -57.10M |
| DilutedAverageShares | 47.40M | 45.51M | 40.84M | 29.04M |
| BasicAverageShares | 47.40M | 45.51M | 40.84M | 29.04M |
| DilutedEPS | -0.14 | -0.68 | -0.97 | -1.76 |
| BasicEPS | -0.14 | -0.68 | -0.97 | -1.76 |
| DilutedNIAvailtoComStockholders | -6.79M | -30.76M | -39.59M | -51.09M |
| NetIncomeCommonStockholders | -6.79M | -30.76M | -39.59M | -51.09M |
| PreferredStockDividends | 398.00K | |||
| NetIncome | -6.79M | -30.76M | -39.59M | -50.70M |
| MinorityInterests | -4.28M | -5.66M | -2.72M | -3.29M |
| NetIncomeIncludingNoncontrollingInterests | -2.52M | -25.09M | -36.87M | -47.40M |
| NetIncomeContinuousOperations | -2.52M | -25.09M | -36.87M | -47.40M |
| TaxProvision | 240.00K | -521.00K | 809.00K | -6.79M |
| PretaxIncome | -2.28M | -25.61M | -36.06M | -54.19M |
| OtherIncomeExpense | -1.10M | 9.16M | ||
| SpecialIncomeCharges | 0.00 | 0.00 | -1.10M | 9.16M |
| OtherSpecialCharges | 1.10M | -6.45M | ||
| RestructuringAndMergernAcquisition | 0.00 | 0.00 | -2.71M | |
| NetNonOperatingInterestIncomeExpense | -8.84M | -10.83M | -5.19M | -3.54M |
| InterestExpenseNonOperating | 8.84M | 10.83M | 5.19M | 3.54M |
| OperatingIncome | 6.56M | -14.79M | -29.77M | -59.81M |
| OperatingExpense | 63.07M | 74.08M | 55.73M | 52.34M |
| ResearchAndDevelopment | 15.04M | 10.17M | 9.43M | 8.75M |
| SellingGeneralAndAdministration | 48.03M | 63.91M | 46.30M | 43.59M |
| GrossProfit | 69.63M | 59.29M | 25.97M | -7.47M |
| CostOfRevenue | 272.64M | 227.39M | 186.97M | 170.32M |
| TotalRevenue | 342.27M | 286.68M | 212.94M | 162.85M |
| OperatingRevenue | 342.27M | 286.68M | 212.94M | 162.85M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 47.70M | 47.03M | 43.70M | 39.84M |
| ShareIssued | 47.70M | 47.03M | 43.70M | 39.84M |
| NetDebt | 48.60M | 44.46M | 62.83M | 46.53M |
| TotalDebt | 76.76M | 72.86M | 103.04M | 61.84M |
| TangibleBookValue | 49.84M | 48.07M | 48.06M | 57.24M |
| InvestedCapital | 125.06M | 116.58M | 146.52M | 120.58M |
| WorkingCapital | -22.25M | 2.18M | -15.62M | 26.63M |
| NetTangibleAssets | 49.84M | 48.07M | 48.06M | 57.24M |
| CapitalLeaseObligations | 9.31M | 10.02M | 10.19M | 2.39M |
| CommonStockEquity | 57.61M | 53.74M | 53.67M | 61.13M |
| TotalCapitalization | 92.32M | 89.84M | 88.85M | 119.56M |
| TotalEquityGrossMinorityInterest | 63.49M | 60.70M | 53.98M | 59.93M |
| MinorityInterest | 5.88M | 6.96M | 308.00K | -1.20M |
| StockholdersEquity | 57.61M | 53.74M | 53.67M | 61.13M |
| RetainedEarnings | -132.00M | -125.20M | -94.07M | -54.48M |
| AdditionalPaidInCapital | 189.13M | 178.47M | 147.30M | 115.21M |
| CapitalStock | 478.00K | 470.00K | 437.00K | 398.00K |
| CommonStock | 478.00K | 470.00K | 437.00K | 398.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 250.28M | 256.06M | 251.79M | 203.67M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 95.96M | 111.86M | 119.61M | 155.91M |
| OtherNonCurrentLiabilities | 500.00K | 4.35M | ||
| EmployeeBenefits | 0.00 | 1.64M | 4.04M | |
| NonCurrentAccruedExpenses | 3.73M | 3.15M | ||
| TradeandOtherPayablesNonCurrent | 69.00K | 0.00 | 3.73M | 3.15M |
| NonCurrentDeferredLiabilities | 52.60M | 66.43M | 69.21M | 89.09M |
| NonCurrentDeferredRevenue | 51.90M | 65.75M | 67.97M | 88.09M |
| NonCurrentDeferredTaxesLiabilities | 701.00K | 679.00K | 1.24M | 995.00K |
| LongTermDebtAndCapitalLeaseObligation | 43.36M | 45.42M | 44.54M | 59.63M |
| LongTermCapitalLeaseObligation | 8.65M | 9.33M | 9.36M | 1.20M |
| LongTermDebt | 34.70M | 36.10M | 35.18M | 58.43M |
| CurrentLiabilities | 154.33M | 144.20M | 132.17M | 47.77M |
| OtherCurrentLiabilities | 816.00K | |||
| CurrentDeferredLiabilities | 55.17M | 49.55M | 28.19M | 20.81M |
| CurrentDeferredRevenue | 55.17M | 49.55M | 28.19M | 20.81M |
| CurrentDebtAndCapitalLeaseObligation | 33.40M | 27.43M | 58.50M | 2.21M |
| CurrentCapitalLeaseObligation | 660.00K | 693.00K | 830.00K | 1.19M |
| CurrentDebt | 32.74M | 26.74M | 57.67M | 1.02M |
| OtherCurrentBorrowings | 2.57M | 4.95M | 57.67M | 1.02M |
| LineOfCredit | 30.17M | 21.79M | ||
| PensionandOtherPostRetirementBenefitPlansCurrent | 6.39M | 10.95M | 5.71M | 4.56M |
| PayablesAndAccruedExpenses | 59.37M | 56.27M | 39.78M | 19.37M |
| CurrentAccruedExpenses | 26.78M | 31.26M | 18.68M | 11.73M |
| Payables | 32.58M | 25.00M | 21.10M | 7.64M |
| OtherPayable | 2.99M | 5.39M | ||
| TotalTaxPayable | 0.00 | |||
| IncomeTaxPayable | 0.00 | |||
| AccountsPayable | 29.59M | 19.61M | 21.10M | 7.64M |
| TotalAssets | 313.77M | 316.76M | 305.76M | 263.60M |
| TotalNonCurrentAssets | 181.70M | 170.38M | 189.21M | 189.20M |
| OtherNonCurrentAssets | 5.24M | 5.25M | 3.55M | 3.08M |
| NonCurrentDeferredAssets | 0.00 | 1.76M | ||
| NonCurrentAccountsReceivable | 3.20M | |||
| GoodwillAndOtherIntangibleAssets | 7.78M | 5.67M | 5.61M | 3.89M |
| OtherIntangibleAssets | 7.78M | 5.67M | 5.61M | 3.89M |
| NetPPE | 165.48M | 159.46M | 180.06M | 180.47M |
| AccumulatedDepreciation | -150.66M | -137.77M | -110.64M | -84.41M |
| GrossPPE | 316.14M | 297.23M | 290.70M | 264.89M |
| OtherProperties | 18.63M | 9.07M | 9.89M | 29.23M |
| MachineryFurnitureEquipment | 202.67M | 193.98M | 187.28M | 143.10M |
| BuildingsAndImprovements | 89.44M | 88.78M | 88.14M | 87.16M |
| LandAndImprovements | 5.40M | 5.40M | 5.40M | 5.40M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 132.08M | 146.38M | 116.55M | 74.40M |
| OtherCurrentAssets | 16.92M | 12.74M | 5.67M | |
| CurrentDeferredAssets | 1.25M | 1.45M | 2.10M | 1.58M |
| PrepaidAssets | 3.98M | 2.66M | 2.52M | 2.27M |
| Inventory | 14.54M | 15.34M | 13.40M | 17.50M |
| FinishedGoods | 114.00K | 0.00 | ||
| WorkInProcess | 981.00K | 19.00K | 359.00K | 7.34M |
| RawMaterials | 13.44M | 15.32M | 13.04M | 10.16M |
| Receivables | 76.54M | 95.80M | 62.84M | 40.13M |
| ReceivablesAdjustmentsAllowances | -1.64M | 0.00 | ||
| OtherReceivables | 20.89M | 29.67M | 34.62M | 16.36M |
| TaxesReceivable | 1.32M | 172.00K | 169.00K | 745.00K |
| NotesReceivable | 0.00 | |||
| AccountsReceivable | 54.33M | 65.96M | 28.05M | 23.02M |
| AllowanceForDoubtfulAccountsReceivable | -398.00K | -180.00K | -1.64M | |
| GrossAccountsReceivable | 54.73M | 66.14M | 29.68M | |
| CashCashEquivalentsAndShortTermInvestments | 18.84M | 18.38M | 30.02M | 12.92M |
| CashAndCashEquivalents | 18.84M | 18.38M | 30.02M | 12.92M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 7.20M | -408.00K | -31.75M | -87.66M |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | ||
| RepaymentOfDebt | -348.73M | -300.94M | -29.05M | -8.19M |
| IssuanceOfDebt | 347.80M | 268.36M | 63.01M | 0.00 |
| IssuanceOfCapitalStock | 0.00 | 20.40M | 20.09M | 104.21M |
| CapitalExpenditure | -11.26M | -10.49M | -17.45M | -31.98M |
| InterestPaidSupplementalData | 6.55M | 8.76M | 4.44M | 2.74M |
| IncomeTaxPaidSupplementalData | 112.00K | 6.00K | 3.00K | 2.92M |
| EndCashPosition | 18.84M | 18.38M | 30.02M | 12.92M |
| BeginningCashPosition | 18.38M | 30.02M | 12.92M | 7.44M |
| ChangesInCash | 462.00K | -11.64M | 17.11M | 5.48M |
| FinancingCashFlow | -6.79M | -11.23M | 48.86M | 90.98M |
| CashFlowFromContinuingFinancingActivities | -6.79M | -11.23M | 48.86M | 90.98M |
| NetOtherFinancingCharges | -8.36M | -1.36M | -6.99M | -5.04M |
| ProceedsFromStockOptionExercised | 2.50M | 2.31M | 1.80M | 0.00 |
| CashDividendsPaid | -2.92M | |||
| CommonStockDividendPaid | -2.92M | |||
| NetCommonStockIssuance | 0.00 | 20.40M | 20.09M | 104.21M |
| CommonStockPayments | 0.00 | 0.00 | ||
| CommonStockIssuance | 0.00 | 20.40M | 20.09M | 104.21M |
| NetIssuancePaymentsOfDebt | -931.00K | -32.58M | 33.96M | -8.19M |
| NetShortTermDebtIssuance | 0.00 | 0.00 | ||
| ShortTermDebtPayments | 0.00 | 0.00 | ||
| NetLongTermDebtIssuance | -931.00K | -32.58M | 33.96M | -8.19M |
| LongTermDebtPayments | -348.73M | -300.94M | -29.05M | -8.19M |
| LongTermDebtIssuance | 347.80M | 268.36M | 63.01M | 0.00 |
| InvestingCashFlow | -11.21M | -10.49M | -17.45M | -29.82M |
| CashFlowFromContinuingInvestingActivities | -11.21M | -10.49M | -17.45M | -29.82M |
| NetIntangiblesPurchaseAndSale | -3.32M | -1.87M | -400.00K | -1.22M |
| PurchaseOfIntangibles | -3.32M | -1.87M | -400.00K | -1.22M |
| NetPPEPurchaseAndSale | -7.89M | -8.62M | -17.05M | -28.60M |
| SaleOfPPE | 55.00K | 0.00 | 0.00 | 2.16M |
| PurchaseOfPPE | -7.94M | -8.62M | -17.05M | -30.76M |
| OperatingCashFlow | 18.46M | 10.08M | -14.30M | -55.68M |
| CashFlowFromContinuingOperatingActivities | 18.46M | 10.08M | -14.30M | -55.68M |
| ChangeInWorkingCapital | -7.21M | -3.11M | -17.30M | -34.15M |
| ChangeInOtherWorkingCapital | -8.24M | 19.15M | -12.75M | -19.61M |
| ChangeInPayablesAndAccruedExpense | -10.39M | 21.27M | 20.98M | -6.48M |
| ChangeInAccruedExpense | -569.00K | |||
| ChangeInPayable | 20.98M | -5.91M | ||
| ChangeInAccountPayable | 20.98M | -5.91M | ||
| ChangeInPrepaidAssets | -9.60M | -8.22M | -4.71M | 5.10M |
| ChangeInInventory | 805.00K | -1.94M | -9.22M | -3.77M |
| ChangeInReceivables | 20.20M | -33.37M | -11.60M | -9.39M |
| ChangesInAccountReceivables | -33.37M | -9.96M | -9.39M | |
| OtherNonCashItems | 1.68M | 1.75M | 93.00K | -11.94M |
| StockBasedCompensation | 8.17M | 6.86M | 8.61M | 12.53M |
| ProvisionandWriteOffofAssets | 203.00K | 38.00K | 1.64M | 0.00 |
| AssetImpairmentCharge | 0.00 | 1.26M | 0.00 | 13.44M |
| DeferredTax | -496.00K | -560.00K | 244.00K | -7.06M |
| DeferredIncomeTax | -496.00K | -560.00K | 244.00K | -7.06M |
| DepreciationAmortizationDepletion | 18.69M | 28.93M | 28.19M | 27.37M |
| DepreciationAndAmortization | 18.69M | 28.93M | 28.19M | 27.37M |
| OperatingGainsLosses | -55.00K | 6.86M | 1.10M | 4.07M |
| PensionAndEmployeeBenefitExpense | 6.86M | 8.61M | 12.53M | |
| GainLossOnSaleOfPPE | -55.00K | 0.00 | -3.00K | -2.01M |
| NetIncomeFromContinuingOperations | -2.52M | -25.09M | -36.87M | -47.40M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SKYT
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|