SkyWater Technology, Inc

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating Revenue $140.4m $212.9m $286.7m $342.3m $442.1m
Total Revenue $140.4m $212.9m $286.7m $342.3m $442.1m
Cost of Revenue $117.7m $187.0m $227.4m $272.6m $355.2m
Gross Profit $22.7m $26.0m $59.3m $69.6m $86.9m
Operating expenses:
EBIT ($30.9m) ($14.8m) $6.6m $109.2m
Operating Income ($29.8m) ($14.8m) $6.6m ($2.6m)
Operating Income (Loss) ($8.6m) ($57.1m) ($14.8m) $6.6m ($2.6m)
Total Operating Income As Reported ($29.8m) ($14.8m) $6.6m ($2.6m)
Additional Financial Items
Operating Lease, Lease Income $4.7m $4.7m $2.7m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($14.8m) $54.2m ($25.6m) ($2.3m) $95.5m
Net Income Common Stockholders ($19.7m) ($39.6m) ($30.8m) ($6.8m) $118.9m
Net Income ($19.7m) ($39.6m) ($30.8m) ($6.8m) $118.9m
Net Income (Loss) Attributable to Parent ($20.6m) ($50.7m) ($30.8m) ($6.8m) $118.9m
Net Income (Loss) Available to Common Stockholders, Basic ($1) ($2) ($30.8m) ($0) $2
Net Income (Loss) Attributable to Noncontrolling Interest $903k $3.3m $5.7m $4.3m $4.5m
Earnings Per Share, Basic ($1.15) ($1.76) ($0.68) ($0.14) $2.47
Earnings Per Share, Diluted ($1.15) ($1.76) ($0.68) ($0.14) $2.44
Weighted Average Number of Shares Outstanding, Basic 18.0m 29.0m 45.5m 47.4m 48.2m
Weighted Average Number of Shares Outstanding, Diluted 18.0m 29.0m 45.5m 47.4m 48.7m
Research and Development Expense $4.2m $8.7m $10.2m $15.0m $14.6m
Selling, General and Administrative Expense $25.0m $43.6m $63.9m $48.0m $74.9m
Interest Expense (non-operating) $5.5m $5.2m $10.8m $8.8m $13.7m
Cost, Depreciation and Amortization $33.8m
Current Income Tax Expense (Benefit) $2.5m $6.8m $49k $288k ($40k)
Interest Expense $5.5m $5.2m $10.8m $8.8m $13.7m
Labor and Related Expense $34.0m
Restructuring Costs $1.9m $188k
Income Tax Expense (Benefit) $4.9m $6.8m ($521k) $240k ($28.0m)