---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-22-000077"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:48:56.473269+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SkyWater Q3 revenue $52.3M record (+49% YoY); adjusted EBITDA positive $3.8M

## Summary
- Q3 revenue $52.3M, up 49% YoY and 10% sequentially; ATS revenue $35.2M (+57% YoY).
- GAAP net loss $6.9M ($0.17 loss per share), improved from $13.9M loss a year ago.
- Adjusted EBITDA $3.8M (7.3% of revenue) vs -$2.7M in Q3 2021; Non-GAAP gross margin 16.8%.
- Received $100M Phase 2 Rad-Hard award and $36M Florida grant for advanced packaging.
- Selected as exclusive foundry for Google/NIST partnership; confident Q4 growth meets 25% annual target.

## SEC filing metadata
- accession: 0001819974-22-000077
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000181997422000077/0001819974-22-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997422000077/skyt-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-22-000077
- JSON: https://secwatch.observer/filing/0001819974-22-000077.json
- Plain text: https://secwatch.observer/filing/0001819974-22-000077.txt

## Key facts
- Earnings Releases
  SkyWater Technology, Inc reported third quarter of fiscal 2022 results: revenue $52.3 million, net income $6.9 million net loss to shareholders, EPS $(0.17) per share. Guidance raised.
  - Period: third quarter of fiscal 2022
  - Revenue: $52.3 million
  - Net income: $6.9 million net loss to shareholders
  - EPS: $(0.17) per share
  - Guidance: raised
  - Result: reported results
  source text: echnology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2022, ended October 2, 2022. • Total revenue of $52.3 million, up 49% year over year. • Net loss to shareholders of $6.9 million, or (13)% of revenue. • Adjusted EBITDA of $3.8 million, or 7.3% of revenue. “We are pleased to report record
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819974/000181997422000077/0001819974-22-000077-index.htm

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