SkyWater Technology, Inc. (SKYT)

From the record

SkyWater Technology, Inc.'s filings since 2020 show 3 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2026-07-31); an auditor change (8-K item 4.01, the latest 2024-06-26); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-11-10) (its current reports).

From the record

SkyWater Technology, Inc.'s 6 filed years say what it did: revenue went from $140 million in fiscal 2021 to $442 million in fiscal 2025, up 25.9% a year; it rose in 5 of 5 years; it never fell from a peak; net income was positive in 1 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-28, SkyWater Technology, Inc.'s diluted share count grew about 6.1% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 16 sales (5 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-28, SkyWater Technology, Inc. earned about 61 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 73 cents per dollar of assets, and net share issuance: its share count grew 2.8% over the year (the filed statements).

From the record

SkyWater Technology, Inc.'s standing among 97 graded names in its industry family: revenue of $442 million in fiscal 2025 ranks in the bottom 37% by size; a net margin of 26.9% ranks in the top 13%; revenue growth of 27.7% a year over the last 3 filed years ranks in the top 13% (its annual reports).

From the record

SkyWater Technology, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Sonderman, Thomas (CEO, as filed), filing under that title since 2021-04-20, 5.6 years (top 42% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 3.1 years (bottom 5%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

SkyWater Technology, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $23 million against debt of $39 million leaves -2.1% of its assets as net cash, bottom 27% of its family; cash from operations less capital spending is -12.1% of revenue (bottom 29%); a gross margin of 19.7% (bottom 21%); research spending of 3.3% of revenue (bottom 9%) (its annual report).

From the record

SkyWater Technology, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 27.7% a year over the last three filed years against 25.9% over all 6, speeding up (top 22% of its family); the newest year grew 29.3% (top 30%); research spending grew 15.8% a year (top 23%); capital spending grew 12.6% a year (top 44%) (its annual reports). SkyWater Technology, Inc. reported 2 lines of business in fiscal 2025: Legacy Sky Water at $267 million (60%), Sky Water Texas at $175 million (40%); 0 of 1 grew against the year before (its annual report).

From the record

SkyWater Technology, Inc.'s newest year against its own record: revenue of $442 million in fiscal 2025 came in 1.8% above the $434 million its prior three years' pace pointed to (bottom 30% of its family); net income of $119 million against a prior three-year average of $26 million (top 3%); a net margin of 26.9% against -10.4% before (top 15%) (its annual reports).