---
schema_version: "secwatch.filing_event.v1"
accession: "0001819974-26-000005"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:25:47.553610+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SkyWater Q4 revenue $171M (+127% YoY); GAAP net loss $0.16/share; FY2025 revenue $442M (+29%)

## Summary
- 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.

## SEC filing metadata
- accession: 0001819974-26-000005
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000181997426000005/0001819974-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000181997426000005/skyt-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819974-26-000005
- JSON: https://secwatch.observer/filing/0001819974-26-000005.json
- Plain text: https://secwatch.observer/filing/0001819974-26-000005.txt

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