---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-23-000008"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:32:11.769452+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SkyWater records Q4 revenue $65.1M (+69% YoY); FY22 revenue $212.9M (+31%)

## Summary
- Q4 2022 revenue $65.1M (+69% YoY), ATS revenue $47.9M (+97%), Wafer Services $17.2M (+21%).
- GAAP gross margin 25.4% vs. (43.1)% in Q4 2021; adjusted EBITDA $10.3M (15.9% margin).
- FY22 revenue $212.9M (+31% YoY); GAAP net loss $39.6M ($0.97 loss per share) vs. $50.7M loss in FY21.
- Key 2022 milestones: RH90 Phase 2 award ($99M), Indiana fab partnership ($1.8B), $36M EDA grant for Florida facility.
- Cash balance $30.0M at year-end vs. $12.9M in Jan 2022; new $100M credit facility expanded borrowing capacity.

## SEC filing metadata
- accession: 0001819974-23-000008
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000181997423000008/0001819974-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997423000008/skyt-20230213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-23-000008
- JSON: https://secwatch.observer/filing/0001819974-23-000008.json
- Plain text: https://secwatch.observer/filing/0001819974-23-000008.txt

## Key facts
- Earnings Releases
  SkyWater Technology, Inc reported financial results for Q4 2022.
  - Period: Q4 2022
  - Result: reported results
  source text: On February 13, 2023 , SkyWater Technology, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819974/000181997423000008/0001819974-23-000008-index.htm
- Earnings Releases
  SkyWater Technology, Inc reported financial results for the fourth quarter and full fiscal year ended January 1, 2023.
  - Period: the fourth quarter and full fiscal year ended January 1, 2023
  - Result: reported results
  source text: On February 13, 2023 , SkyWater Technology, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819974/000181997423000008/0001819974-23-000008-index.htm

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