SkyWater (SKYT) Revenue & Revenue Breakdown

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SkyWater Revenue Highlights

Latest Revenue (Y)

$442.14M

Latest Revenue (Q)

$150.74M

Main Segment (Y)

Wafer Services

Main Geography (Y)

UNITED STATES

SkyWater Revenue by Period

SkyWater Revenue by Year

Date	Revenue	Change
2025-12-28	$442.14M	29.18%
2024-12-29	$342.27M	19.39%
2023-12-31	$286.68M	34.63%
2022-12-31	$212.94M	30.76%
2021-12-31	$162.85M	15.96%
2020-12-31	$140.44M	2.72%
2019-12-31	$136.72M	3.45%
2018-12-31	$132.17M	-

SkyWater generated $442.14M in revenue during NA 2025, up 29.18% compared to the previous quarter, and up 314.83% compared to the same period a year ago.

SkyWater Revenue by Quarter

Date	Revenue	Change
2025-09-28	$150.74M	155.22%
2025-06-29	$59.06M	-3.64%
2025-03-30	$61.30M	-18.80%
2024-12-31	$75.49M	-19.54%
2024-09-29	$93.82M	0.52%
2024-06-30	$93.33M	17.19%
2024-03-31	$79.64M	0.61%
2023-12-31	$79.15M	10.51%
2023-10-01	$71.62M	2.60%
2023-07-02	$69.81M	5.62%
2023-04-02	$66.09M	1.55%
2022-12-31	$65.09M	24.39%
2022-10-02	$52.33M	10.38%
2022-07-03	$47.41M	-1.48%
2022-04-03	$48.12M	24.88%
2021-12-31	$38.53M	10.02%
2021-10-03	$35.02M	-14.97%
2021-07-04	$41.19M	-14.37%
2021-04-04	$48.10M	20.94%
2020-12-31	$39.77M	20.51%
2020-09-30	$33.00M	7.30%
2020-06-30	$30.76M	-16.65%
2020-03-31	$36.90M	20.40%
2019-12-31	$30.65M	-7.59%
2019-09-29	$33.17M	-

SkyWater generated $150.74M in revenue during Q3 2025, up 155.22% compared to the previous quarter, and up 161.52% compared to the same period a year ago.

SkyWater Revenue Breakdown

SkyWater Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Jan 23	Jan 22
Wafer Services	$200.78M	$26.86M	$61.13M	$73.50M	$51.16M
Advanced Technology Services, Fixed Price	$69.69M	$93.50M	$83.89M	$48.79M	$58.70M
Advanced Technology Services, Other	$1.94M	$4.67M	$4.67M	$4.67M	$4.67M
Advanced Technology Services, Time And Materials	-	-	$122.34M	$85.99M	$48.32M
Advanced Technology Services	-	-	-	$139.45M	$111.69M

SkyWater's latest annual revenue breakdown by segment (product or service), as of Dec 25: Wafer Services (73.70%), Advanced Technology Services, Fixed Price (25.58%), and Advanced Technology Services, Other (0.71%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21
Advanced Technology Services, Other	-	$778.00K	$1.17M	$2.33M	$1.17M	$1.17M	$2.33M	$1.17M	$1.17M	$1.17M	$1.17M	$1.17M	$1.17M	$1.17M	$1.17M	$1.17M	-	-
Wafer Services	$94.98M	$92.86M	$5.41M	$7.53M	$10.15M	$6.72M	$9.99M	$26.54M	$16.80M	$17.79M	$17.21M	$17.15M	$17.58M	$21.55M	$14.17M	$12.65M	$14.31M	$10.02M
Advanced Technology Services, Fixed Price	$21.74M	$18.40M	$15.26M	$14.29M	$50.98M	$24.99M	$17.52M	$40.66M	$23.93M	$19.31M	$20.65M	$12.98M	$8.66M	$6.50M	$8.81M	$8.76M	$15.02M	-
Advanced Technology Services, Time And Materials	-	-	-	-	-	$30.23M	$42.50M	$66.60M	$27.91M	$27.83M	$26.06M	$21.02M	$20.00M	$18.91M	-	-	-	-
Advanced Technology Services	-	-	-	-	-	-	-	-	$53.01M	$48.31M	$47.88M	$35.17M	$29.82M	$26.57M	$24.36M	$22.37M	$26.88M	-
Advanced Technology Services, T&M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.45M	$10.69M	-
Advanced Technology Services Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.17M
Advanced Technology Services Total	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$36.91M
Advanced Technology Services Fixed Price	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$26.12M
Advanced Technology Services TM	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.79M

SkyWater's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Wafer Services (81.37%), and Advanced Technology Services, Fixed Price (18.63%).

SkyWater Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Jan 23	Jan 22
All Other Countries	$6.18M	$3.07M	-	-	-
UNITED STATES	$420.97M	$329.05M	$261.27M	$184.91M	$141.11M
HONG KONG	$675.00K	$878.00K	$6.41M	-	-
CANADA	$1.16M	$8.20M	$8.33M	$4.13M	$6.22M
Other Countries	-	-	$6.04M	-	-
Others Countries	-	-	-	$16.75M	$6.30M

SkyWater's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (98.13%), All Other Countries (1.44%), CANADA (0.27%), and HONG KONG (0.16%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21
HONG KONG	-	$114.00K	$293.00K	$474.00K	$239.00K	$592.00K	$47.00K	$404.00K	$2.98M	$3.02M	-	-	-	-	-	-	-	-
UNITED STATES	$165.27M	$144.68M	$53.78M	$57.25M	$162.37M	$90.46M	$76.22M	$143.15M	$59.92M	$58.20M	$59.10M	$44.90M	$38.55M	$42.36M	$31.85M	$29.02M	$36.61M	$43.62M
CANADA	-	$4.76M	$3.03M	$2.31M	$4.21M	$1.75M	$2.23M	$3.82M	$2.12M	$2.39M	$-110.00K	$1.02M	$1.86M	$1.67M	$1.61M	$1.45M	$1.55M	$1.61M
All Other Countries	$2.45M	$1.07M	$1.40M	$1.26M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Others Countries	-	-	-	-	-	$573.00K	$847.00K	$1.02M	$2.38M	$4.36M	$4.54M	$5.55M	$2.31M	$-4.15M	$4.55M	$3.03M	-	-
Others	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.87M

SkyWater's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (98.54%), and All Other Countries (1.46%).

SkyWater Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AOSL	Alpha and Omega Semiconductor	$696.16B	$162.26M
IMOS	ChipMOS	$21.36B	$5.42B
ICHR	Ichor	$947.65M	$239.30M
WOLF	Wolfspeed	$757.60M	$168.50M
SKYT	SkyWater	$442.14M	$150.74M
IBTA	Ibotta	$320.04M	$83.26M
ITRN	Ituran Location and Control	$319.98M	$85.03M
AEHR	Aehr Test Systems	$58.97M	$9.88M
LAES	SEALSQ	$30.06M	$17.29M
OWLS	OBOOK	$7.57M	$1.98M
POET	POET	$478.62K	$8.67K

SKYT Revenue FAQ

What is SkyWater’s yearly revenue?

SkyWater's yearly revenue for 2025 was $442.14M, representing an increase of 29.18% compared to 2024. The company's yearly revenue for 2024 was $342.27M, representing an increase of 19.39% compared to 2023. SKYT's yearly revenue for 2023 was $286.68M, representing an increase of 34.63% compared to 2022.

What is SkyWater’s quarterly revenue?

SkyWater's quarterly revenue for Q3 2025 was $150.74M, a 155.22% increase from the previous quarter (Q2 2025), and a 60.68% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $59.06M, a -3.64% decrease from the previous quarter (Q1 2025), and a -36.72% decrease year-over-year (Q2 2024). SKYT's quarterly revenue for Q1 2025 was $61.3M, a -18.80% decrease from the previous quarter (Q4 2024), and a -23.03% decrease year-over-year (Q1 2024).

What is SkyWater’s revenue growth rate?

SkyWater's revenue growth rate for the last 3 years (2023-2025) was 54.23%, and for the last 5 years (2021-2025) was 171.50%.

What are SkyWater’s revenue streams?

SkyWater's revenue streams in c 25 are Wafer Services, Advanced Technology Services, Fixed Price, and Advanced Technology Services, Other. Wafer Services generated $200.78M in revenue, accounting 73.70% of the company's total revenue, up 647.49% year-over-year. Advanced Technology Services, Fixed Price generated $69.69M in revenue, accounting 25.58% of the company's total revenue, down -25.46% year-over-year. Advanced Technology Services, Other generated $1.94M in revenue, accounting 0.71% of the company's total revenue, down -58.35% year-over-year.

What is SkyWater’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of SkyWater was Wafer Services. This segment made a revenue of $200.78M, representing 73.70% of the company's total revenue.