---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-22-000009"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T06:16:00.710117+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SkyWater reports FY2021 revenue $162.8M (+16% YoY); Q4 net loss $27.0M includes $13.4M write-down

## Summary
- Annual revenue $162.8M (+16% YoY), but net loss to shareholders $50.7M (31% of revenue).
- Q4 revenue $38.5M (-3% YoY); GAAP gross loss of $16.6M driven by $13.4M inventory write-down.
- Q4 adjusted EBITDA -$4.9M (-12.6% margin) vs +$1.3M a year ago.
- Nine new Advanced Technology Services programs won in Q4; rad-hard technology achieved qualification milestone.
- Cash $12.9M vs $7.4M a year earlier; company expects 25% revenue growth in 2022.

## SEC filing metadata
- accession: 0001819974-22-000009
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000181997422000009/0001819974-22-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997422000009/skyt-20220222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-22-000009
- JSON: https://secwatch.observer/filing/0001819974-22-000009.json
- Plain text: https://secwatch.observer/filing/0001819974-22-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.