6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $442M | $119M | 19.7% | -0.6% | -$53M | $223M | $23M |
| 2024 | $342M | -$7M | 20.3% | 1.9% | $11M | $67M | $19M |
| 2023 | $287M | -$31M | 20.7% | -5.2% | $1M | $63M | $18M |
| 2023 | $213M | -$40M | 12.2% | -14.0% | -$31M | $93M | $30M |
| 2022 | $163M | -$51M | -4.6% | -35.1% | -$86M | $59M | $13M |
| 2021 | $140M | -$21M | 16.2% | -6.2% | $10M | $73M | $7M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $161M | -$12M | 20.0% | -3.3% | $19M | $210M | $22M |
| Dec '25 | $171M | -$8M | 14.9% | 0.0% | -$42M | $223M | $23M |
| Sep '25 | $151M | $144M | 24.0% | 5.2% | -$48M | $184M | $31M |
| Jun '25 | $59M | -$10M | 18.5% | -11.0% | -$4M | $66M | $49M |
| Mar '25 | $61M | -$7M | 23.3% | -6.6% | $41M | $60M | $51M |
| Dec '24 | $75M | -$679000 | 25.6% | 3.5% | -$2M | $67M | $19M |
| Sep '24 | $94M | $2M | 21.6% | 5.0% | $9M | $61M | $21M |
| Jun '24 | $93M | -$2M | 18.3% | 1.5% | $9M | $66M | $18M |
| Mar '24 | $80M | -$6M | 16.3% | -2.8% | -$5M | $72M | $20M |
| Dec '23 | $79M | -$10M | 15.2% | -7.5% | $27M | $63M | $18M |
| Oct '23 | $72M | -$8M | 19.8% | -5.9% | -$5M | $87M | $17M |
| Jul '23 | $70M | -$9M | 23.9% | -5.1% | -$7M | $91M | $16M |
| Apr '23 | $66M | -$4M | 24.9% | -1.7% | -$14M | $89M | $14M |
| Jan '23 | $65M | -$3M | 25.4% | 2.0% | -$14M | $93M | $30M |
| Oct '22 | $52M | -$7M | 15.8% | -9.7% | $2M | $74M | $9M |
| Jul '22 | $47M | -$13M | 4.4% | -23.4% | -$4M | $78M | $11M |
| Apr '22 | $48M | -$17M | -2.0% | -31.0% | -$15M | $69M | $6M |
| Jan '22 | $39M | -$27M | -43.1% | -71.8% | -$19M | $59M | $13M |
| Oct '21 | $35M | -$14M | -5.2% | -34.4% | -$23M | $36M | $8M |
| Jul '21 | $41M | -$7M | 4.4% | -38.8% | -$30M | $66M | $65M |
How the market has priced SKYT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Skywater Technology, Inc's revenue has grown 33.2% per year. These are computed facts, not advice.
As of FY2025, Skywater Technology, Inc reported $223M of total debt against $23M of cash; operating income covered interest expense -0.2×.
In FY2025, gross margin was 19.7%, operating margin -0.6%, and net margin 26.9%.
As of Jun '26, Skywater Technology, Inc traded at a price-to-earnings ratio of about 14.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.