---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-24-000037"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:46:27.795019+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SkyWater posts record Q3 revenue of $93.8M, swings to GAAP net income of $1.5M

## Summary
- Record revenue $93.8M (+31% YoY); GAAP EPS $0.03 vs loss $(0.16); non-GAAP EPS $0.08 vs loss $(0.05).
- Gross margin expanded to 21.6% GAAP (22.3% non-GAAP) from 19.8% (20.4%); adjusted EBITDA $11.0M.
- Benefit from $5.6M reversal of loss accrual on A&D program; ATS dev revenue +5%, Wafer Services -54%.
- Q4 guidance: revenue $72-76M, GAAP EPS $(0.12)-(0.06), non-GAAP EPS $(0.10)-(0.04).
- Nine straight record revenue quarters; $30M+ customer-funded CapEx; selected for CHIPS Act ME Commons.

## SEC filing metadata
- accession: 0001819974-24-000037
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2024-11-07T23:59:59+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/1819974/000181997424000037/0001819974-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997424000037/skyt-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-24-000037
- JSON: https://secwatch.observer/filing/0001819974-24-000037.json
- Plain text: https://secwatch.observer/filing/0001819974-24-000037.txt

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