---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-25-000044"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:23:24.602819+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SkyWater Q3 revenue $150.7M (+60.7% YoY); non-GAAP EPS $0.24 vs $0.08; guides Q4 rev $155-165M

## Summary
- Q3 total revenue $150.7M (record), up 60.7% YoY; GAAP net income $144.0M includes $110.8M bargain purchase gain.
- Non-GAAP net income $11.5M ($0.24 diluted EPS) vs $3.6M ($0.08) YoY; adjusted EBITDA $25.8M (17.1% margin).
- Four new quantum customers signed since Q2 (including SQC and QuamCore); expects >30% quantum revenue growth in FY2025.
- Texas Fab 25 first full quarter revenue $86.6M, exceeding expectations; contributed to gross margin expansion.
- Q4 guidance: total consolidated revenue $155-165M; non-GAAP diluted EPS $(0.08)-$0.04.

## SEC filing metadata
- accession: 0001819974-25-000044
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1819974/000181997425000044/0001819974-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997425000044/skyt-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-25-000044
- JSON: https://secwatch.observer/filing/0001819974-25-000044.json
- Plain text: https://secwatch.observer/filing/0001819974-25-000044.txt

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