earnings
confidence high
sentiment neutral
materiality 0.75
SkyWater Q4 revenue $75.5M (-5% YoY); FY2024 record $342.3M; Q1 2025 guidance $59-63M
SkyWater Technology, Inc
2024-FY EPS reported
-$0.14
revenue$342,269,000
- Q4 GAAP net loss $0.7M ($0.01/share), improved from $10.3M loss YoY; non-GAAP net income $1.9M ($0.04/share).
- FY2024 revenue record $342.3M (+19% YoY); GAAP net loss $6.8M ($0.14/share) vs $30.8M loss in FY2023.
- Q1 2025 guidance: revenue $59-63M (down from Q4 $75.5M); GAAP diluted EPS loss $(0.14)-(0.20).
- CHIPS preliminary award of $16M plus $19M Minnesota state incentives; customer CapEx co-investment $77M in tools revenue in FY2024.
- ATS development revenue +4% YoY in Q4 to $59.4M; Wafer Services revenue -64% to $4.4M.