NASDAQ$SKYT

SkyWater Technology Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

SkyWater Technology reported Q4 2025, revenue of $82.1M, net loss of $7.8M.

For Q4 2025, SkyWater Technology reported revenue of $82.1M, a net loss of $7.8M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $82.1M.
  • Net loss $7.8M.
  • SkyWater Technology MD&A covers liquidity, operations, and outlook.

Headline financials

Total Revenue

$82.1M

Previous: $75.5M+8.7%
EPS (adj)

-$0.03

Previous: $40K-100.0%
Gross Margin

14.9%

Previous: 25.6%-41.8%
Non-GAAP Gross Profit

$27.9M

Previous: $20.1M+38.9%
Non-GAAP Gross Margin

16.3%

Previous: 26.6%-38.7%
Net Income Margin

-4.5%

Previous: -0.9%-400.0%
Adjusted EBITDA

$21M

Previous: $10.2M+106.1%
Adjusted EBITDA Margin

12.3%

Previous: 13.5%-8.9%
Net Income

-$7.8M

Previous: -$700K-1014.3%
Operating Income

$75K

Previous: $2.65M-97.2%
Gross Profit

$25.6M

Previous: $19.3M+32.4%

Revenue & EPS history

SkyWater · Revenue · Quarterly

$82.1M

Q4 2025+8.7%vs Q4 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; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year 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 Q4 2025

Historical avgQ4 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro