SkyWater (SKYT) Revenue & Revenue Breakdown


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SkyWater Revenue Highlights


Latest Revenue (Y)

$342.27M

Latest Revenue (Q)

$59.06M

Main Segment (Y)

Advanced Technology Services, Fixed Price

Main Geography (Y)

UNITED STATES

SkyWater Revenue by Period


SkyWater Revenue by Year

DateRevenueChange
2024-12-29$342.27M19.39%
2023-12-31$286.68M34.63%
2023-01-01$212.94M30.76%
2022-01-02$162.85M15.96%
2020-12-31$140.44M2.72%
2019-12-31$136.72M3.45%
2018-12-30$132.17M-

SkyWater generated $342.27M in revenue during NA 2024, up 19.39% compared to the previous quarter, and up 250.33% compared to the same period a year ago.

SkyWater Revenue by Quarter

DateRevenueChange
2025-06-29$59.06M-3.64%
2025-03-30$61.30M-18.80%
2024-12-29$75.49M-19.54%
2024-09-29$93.82M0.52%
2024-06-30$93.33M17.19%
2024-03-31$79.64M0.61%
2023-12-31$79.15M10.51%
2023-10-01$71.62M2.60%
2023-07-02$69.81M5.62%
2023-04-02$66.09M1.55%
2023-01-01$65.09M24.39%
2022-10-02$52.33M10.38%
2022-07-03$47.41M-1.48%
2022-04-03$48.12M24.88%
2022-01-02$38.53M10.02%
2021-10-03$35.02M-14.97%
2021-07-04$41.19M-14.37%
2021-04-04$48.10M20.94%
2020-12-31$39.77M20.51%
2020-09-30$33.00M7.30%
2020-06-30$30.76M-16.65%
2020-03-31$36.90M20.40%
2019-12-29$30.65M-7.59%
2019-09-29$33.17M-

SkyWater generated $59.06M in revenue during Q2 2025, up -3.64% compared to the previous quarter, and up 74.17% compared to the same period a year ago.

SkyWater Revenue Breakdown


SkyWater Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Jan 23Jan 22
Wafer Services$26.86M$61.13M$73.50M$51.16M
Advanced Technology Services, Fixed Price$93.50M$83.89M$48.79M$58.70M
Advanced Technology Services, Other$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 24: Advanced Technology Services, Fixed Price (74.78%), Wafer Services (21.48%), and Advanced Technology Services, Other (3.73%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 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-
Advanced Technology Services, Fixed Price$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-
Wafer Services$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, 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 TM---------------$10.79M
Advanced Technology Services Total---------------$36.91M
Advanced Technology Services Fixed Price---------------$26.12M
Advanced Technology Services Other---------------$1.17M

SkyWater's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Advanced Technology Services, Fixed Price (71.15%), Wafer Services (25.23%), and Advanced Technology Services, Other (3.63%).

SkyWater Revenue Breakdown by Country

Annual Revenue by Country

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

SkyWater's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (96.44%), CANADA (2.40%), All Other Countries (0.90%), and HONG KONG (0.26%).

Quarterly Revenue by Country

CountryJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21
HONG KONG$293.00K$474.00K$239.00K$592.00K$47.00K$404.00K$2.98M$3.02M--------
UNITED STATES$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
All Other Countries$1.40M$1.26M--------------
CANADA$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
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 Jun 25: UNITED STATES (91.93%), CANADA (5.18%), All Other Countries (2.39%), and HONG KONG (0.50%).

SkyWater Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ALGMAllegro MicroSystems$725.01M$203.41M
SKYTSkyWater$342.27M$59.06M
INDIindie Semiconductor$223.17M$54.08M
SITMSiTime$202.70M$69.49M
NVTSNavitas Semiconductor$83.30M$14.49M
FTCIFTC Solar$47.35M$19.99M

SKYT Revenue FAQ


What is SkyWater’s yearly revenue?

SkyWater's yearly revenue for 2024 was $342.27M, representing an increase of 19.39% compared to 2023. The company's yearly revenue for 2023 was $286.68M, representing an increase of 34.63% compared to 2022. SKYT's yearly revenue for 2022 was $212.94M, representing an increase of 30.76% compared to 2021.

What is SkyWater’s quarterly revenue?

SkyWater'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). The company'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). SKYT's quarterly revenue for Q4 2024 was $75.49M, a -19.54% decrease from the previous quarter (Q3 2024), and a -4.63% decrease year-over-year (Q4 2023).

What is SkyWater’s revenue growth rate?

SkyWater's revenue growth rate for the last 3 years (2022-2024) was 60.73%, and for the last 5 years (2020-2024) was 143.72%.

What are SkyWater’s revenue streams?

SkyWater's revenue streams in c 24 are Wafer Services, Advanced Technology Services, Fixed Price, and Advanced Technology Services, Other. Wafer Services generated $26.86M in revenue, accounting 21.48% of the company's total revenue, down -56.06% year-over-year. Advanced Technology Services, Fixed Price generated $93.5M in revenue, accounting 74.78% of the company's total revenue, up 11.45% year-over-year. Advanced Technology Services, Other generated $4.67M in revenue, accounting 3.73% of the company's total revenue

What is SkyWater’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of SkyWater was Advanced Technology Services, Fixed Price. This segment made a revenue of $93.5M, representing 74.78% of the company's total revenue.