---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-25-000025"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:51:14.979319+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SkyWater Q2 revenue $59.1M, net loss $0.21/sh; closes Infineon Fab 25 buy; Q3 rev guidance $130-141M

## Summary
- Q2 total revenue $59.1M, down 37% YoY; GAAP net loss $0.21/sh vs loss $0.04/sh; adjusted EBITDA $2.3M (72% decline).
- Completed Infineon Fab 25 acquisition for ~$93M, funded by $350M revolver; expects ≥$300M annual revenue from Fab 25.
- Q3 guidance: total revenue $130-141M (incl. ~$75-80M Texas Wafer Services); non-GAAP loss per share $(0.14)-(0.20).
- ATS development revenue $52.6M (-15% YoY); CEO notes DOD funding timing may impact ATS growth this year.
- Momentum in quantum computing and advanced packaging; Fab 25 expected to generate positive FCF starting Q3.

## SEC filing metadata
- accession: 0001819974-25-000025
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000181997425000025/0001819974-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997425000025/skyt-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-25-000025
- JSON: https://secwatch.observer/filing/0001819974-25-000025.json
- Plain text: https://secwatch.observer/filing/0001819974-25-000025.txt

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