NASDAQ$SKYT

SkyWater Technology Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

SkyWater Technology reported Q3 2025, revenue of $150.7M, net income of $144M, diluted EPS of 2.95.

For Q3 2025, SkyWater Technology reported revenue of $150.7M, net income of $144M, diluted EPS was 2.95. Management discusses segment performance, capital allocation, and sector risks in the quarterly filing.

  • Revenue $150.7M.
  • Net income $144M.
  • Diluted EPS 2.95.

Headline financials

Total Revenue

$151M

Previous: $93.8M+60.7%
EPS (adj)

$2.95

Previous: -$0.08+3787.5%
Gross Margin

24.0%

No prior period
Non-GAAP Gross Profit

$37.1M

No prior period
Non-GAAP Gross Margin

24.6%

No prior period
Net Income Margin

95.5%

No prior period
Adjusted EBITDA

$25.8M

No prior period
Adjusted EBITDA Margin

17.1%

No prior period
Capital Expenditures

-$18.2M

Previous: -$13.9M-31.3%
Net Income

$144M

Previous: $1.51M+9424.7%
Operating Income

$7.85M

Previous: $4.71M+66.8%
Gross Profit

$36.2M

Previous: $20.2M+79.0%

Revenue & EPS history

SkyWater · Revenue · Quarterly

$151M

Q3 2025+60.7%vs Q3 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

SkyWater · $69.8M total across 2 segments · Q2 2023

  • Legacy ATS Development
    $53M+77.7%
  • Legacy Wafer Services
    $16.8M-4.5%

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks.

Tailwinds

  • MD&A highlights liquidity and core business trends.
  • Management commentary on segment performance.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect YoY comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+4.7%

Avg return

Earnings day

+9.0%

Avg return

5 days after

+8.3%

Avg return

30 days after

65%

13 / 20 earnings

Positive

+41.4%

Q2 2024

Best reaction

-39.1%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.1%+5.7%+5.7%
Q4 2025+7.1%+3.6%-6.2%
Q3 2025+26.9%+50.2%+22.2%
Q1 2025+4.5%+15.6%+24.6%
Q4 2024-10.4%-15.3%-30.7%
Q3 2024-9.1%-16.1%-5.8%
Q2 2024+41.4%+41.2%+35.3%
Q1 2024-36.5%-26.0%-27.3%
Q4 2023+13.8%+21.3%+9.9%
Q3 2023+2.0%+4.3%+50.0%
Q2 2023-19.2%-30.9%-32.4%
Q1 2023-5.3%-0.7%+6.0%
Q4 2022+21.6%+30.4%+2.3%
Q3 2022+34.6%+37.3%+9.2%
Q2 2022+27.5%+17.4%-33.2%
Q1 2022+14.4%-2.7%+14.0%
Q4 2021-4.8%+10.4%+15.0%
Q3 2021-39.1%-29.8%-46.7%
Q2 2021+15.1%+26.8%+79.1%
Q1 2021+8.2%+37.4%+74.8%
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019

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