Every 10-Q that SkyWater Technology, Inc. (SKYT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SKYT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SKYT filings page.
SkyWater Technology reported strong top-line growth but remained unprofitable. For the quarter ended June 28, 2026, revenue rose 165% to $156.4 million, driven mainly by the SkyWater Texas (Fab 25) acquisition, which contributed $87.4 million of Wafer Services revenue, including $7.5 million of non-cash supply-agreement revenue. Gross profit increased to $35.2 million, yet higher operating and interest costs left a net loss attributable to SkyWater Technology of $6.4 million, improving from a $10.0 million loss a year earlier.
For the first six months of 2026, revenue reached $317.1 million versus $120.4 million in 2025, with a net loss attributable to SkyWater of $18.7 million. Cash and cash equivalents were $12.6 million, and the revolving credit facility had $192.3 million outstanding at an 8.0% rate with $50.0 million of remaining availability. Contract liabilities totaled $149.8 million, reflecting substantial prepaid and take‑or‑pay commitments. After quarter-end, IonQ completed its acquisition of SkyWater; each SkyWater share was converted into $15.00 in cash plus 0.4883 IonQ shares, the revolver was repaid, and the common stock was delisted from Nasdaq.
SkyWater Technology, Inc. reported sharply higher first-quarter 2026 revenue but remained unprofitable. Revenue rose to $160.7 million from $61.3 million a year earlier, driven mainly by the Fab 25 (SkyWater Texas) acquisition, which contributed $86.3 million of Wafer Services revenue.
Despite the growth, SkyWater posted a net loss attributable to the company of $12.3 million, compared with a $7.3 million loss in the prior-year quarter, as interest expense and operating costs increased. Adjusted EBITDA improved to $13.0 million, reflecting stronger scale and non‑cash revenue from a long‑term supply agreement.
SkyWater ended the quarter with $22.2 million in cash and cash equivalents and $182.4 million outstanding on its revolving credit facility, with $61.8 million of additional borrowing availability. The company also highlighted a pending cash‑and‑stock acquisition by IonQ, which remains subject to customary closing conditions and regulatory approvals.
SkyWater Technology, Inc. (SKYT) amended its quarterly report to disclose insider trading arrangements. As of May 5, 2025, there were 48,037,024 shares outstanding. On March 14, 2025 the CEO, Thomas Sonderman, adopted a Rule 10b5-1 plan to sell up to 14,958 shares that terminates when those shares are sold or on June 15, 2026. On the same date the CFO, Steve Manko, adopted a Rule 10b5-1 plan to sell up to 449,146 shares that terminates when those shares are sold or on July 9, 2027. The filing affirms electronic submission compliance and states the company is not a shell company.