---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-25-000005"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:49:32.584009+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SkyWater Q4 revenue $75.5M (-5% YoY); FY2024 record $342.3M; Q1 2025 guidance $59-63M

## Summary
- 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.

## SEC filing metadata
- accession: 0001819974-25-000005
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1819974/000181997425000005/0001819974-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997425000005/skyt-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-25-000005
- JSON: https://secwatch.observer/filing/0001819974-25-000005.json
- Plain text: https://secwatch.observer/filing/0001819974-25-000005.txt

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