earnings
confidence high
sentiment neutral
materiality 0.80
SkyWater Q4 revenue $171M (+127% YoY); GAAP net loss $0.16/share; FY2025 revenue $442M (+29%)
SkyWater Technology, Inc
2025-FY EPS reported
$2.44
revenue$442,139,000
- Q4 GAAP net loss to shareholders $7.8M ($0.16 diluted loss); non-GAAP net loss $1.6M ($0.03 loss).
- FY2025 GAAP net income $118.9M ($2.44 diluted) vs loss $6.8M in FY2024; non-GAAP net income $0.7M ($0.01).
- Florida tooling cost overrun of ~$9.3M reduced Q4 gross profit; gross margin fell to 14.9% from 25.6% YoY.
- Quantum ATS engagements grew to eight; quantum-related ATS revenue up >30% in FY2025.
- Pending IonQ acquisition at $35/share cash-and-stock; expected close Q2/Q3 2026, subject to approvals.