SkyWater (SKYT) Revenue & Revenue Breakdown


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SkyWater Revenue Highlights


Latest Revenue (Y)

$342.27M

Latest Revenue (Q)

$93.82M

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
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 $93.82M in revenue during Q3 2024, up 0.52% compared to the previous quarter, and up 134.39% 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, Other$4.67M$4.67M$4.67M$4.67M
Advanced Technology Services, Fixed Price$93.50M$83.89M$48.79M$58.70M
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/ServiceDec 24Sep 24Mar 24Dec 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21
Advanced Technology Services, Other$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$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$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 Other-------------$1.17M
Advanced Technology Services TM-------------$10.79M
Advanced Technology Services Fixed Price-------------$26.12M
Advanced Technology Services Total-------------$36.91M

SkyWater's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Advanced Technology Services, Fixed Price (80.33%), Wafer Services (15.99%), and Advanced Technology Services, Other (3.68%).

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

CountryDec 24Sep 24Mar 24Dec 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21
CANADA$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
UNITED STATES$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
HONG KONG$239.00K$592.00K$47.00K$404.00K$2.98M$3.02M--------
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 24: UNITED STATES (97.33%), CANADA (2.52%), and HONG KONG (0.14%).

SkyWater Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ALGMAllegro MicroSystems$1.05B$177.87M
SKYTSkyWater$342.27M$93.82M
INDIindie Semiconductor$223.17M$46.09M
SITMSiTime$202.70M$43.87M
NVTSNavitas Semiconductor$83.30M$21.68M
FTCIFTC Solar$47.35M$10.14M

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 Q3 2024 was $93.82M, a 0.52% increase from the previous quarter (Q2 2024), and a 30.99% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $93.33M, a 17.19% increase from the previous quarter (Q1 2024), and a 33.69% increase year-over-year (Q2 2023). SKYT's quarterly revenue for Q1 2024 was $79.64M, a 0.61% increase from the previous quarter (Q4 2023), and a 20.49% increase year-over-year (Q1 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, Other, and Advanced Technology Services, Fixed Price. 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, Other generated $4.67M in revenue, accounting 3.73% of the company's total revenue 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.

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.