SkyWater (SKYT) Revenue & Revenue Breakdown
SkyWater Revenue Highlights
Latest Revenue (Y)
$286.68M
Latest Revenue (Q)
$93.33M
Main Segment (Y)
Advanced Technology Services, Time And Materials
Main Geography (Y)
UNITED STATES
SkyWater Revenue by Period
SkyWater Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $286.68M | 34.63% |
| 2023-01-01 | $212.94M | 30.76% |
| 2022-01-02 | $162.85M | 15.96% |
| 2020-12-31 | $140.44M | 2.72% |
| 2019-12-31 | $136.72M | - |
SkyWater generated $286.68M in revenue during NA 2023, up 34.63% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
SkyWater Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 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% |
| 2023-01-01 | $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% |
| 2022-01-02 | $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% |
| 2019-12-29 | $30.65M | -7.59% |
| 2019-09-29 | $33.17M | - |
SkyWater generated $93.33M in revenue during Q2 2024, up 17.19% compared to the previous quarter, and up 141.21% compared to the same period a year ago.
SkyWater Revenue Breakdown
SkyWater Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Jan 23 | Jan 22 |
|---|---|---|---|
| Advanced Technology Services, Fixed Price | $83.89M | $48.79M | $58.70M |
| Advanced Technology Services, Other | $4.67M | $4.67M | $4.67M |
| Advanced Technology Services, Time And Materials | $122.34M | $85.99M | $48.32M |
| Wafer Services | $61.13M | $73.50M | $51.16M |
| Advanced Technology Services | - | $139.45M | $111.69M |
SkyWater's latest annual revenue breakdown by segment (product or service), as of Dec 23: Advanced Technology Services, Time And Materials (44.97%), Advanced Technology Services, Fixed Price (30.84%), Wafer Services (22.47%), and Advanced Technology Services, Other (1.72%).
Quarterly Revenue by Product
| Product/Service | 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, Time And Materials | $42.50M | $66.60M | $27.91M | $27.83M | $26.06M | $21.02M | $20.00M | $18.91M | - | - | - | - |
| Advanced Technology Services, Fixed Price | $17.52M | $40.66M | $23.93M | $19.31M | $20.65M | $12.98M | $8.66M | $6.50M | $8.81M | $8.76M | $15.02M | - |
| Wafer Services | $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, Other | $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 | - | - | $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 Mar 24: Advanced Technology Services, Time And Materials (59.70%), Advanced Technology Services, Fixed Price (24.62%), Wafer Services (14.04%), and Advanced Technology Services, Other (1.64%).
SkyWater Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Jan 23 | Jan 22 |
|---|---|---|---|
| Other Countries | $6.04M | - | - |
| UNITED STATES | $261.27M | $184.91M | $141.11M |
| CANADA | $8.33M | $4.13M | $6.22M |
| HONG KONG | $6.41M | - | - |
| Others Countries | - | $16.75M | $6.30M |
SkyWater's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (92.64%), CANADA (2.95%), HONG KONG (2.27%), and Other Countries (2.14%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CANADA | $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 | $76.22M | $143.15M | $59.92M | $58.20M | $59.10M | $44.90M | $38.55M | $42.36M | $31.85M | $29.02M | $36.61M | $43.62M |
| Others Countries | $847.00K | $1.02M | $2.38M | $4.36M | $4.54M | $5.55M | $2.31M | $-4.15M | $4.55M | $3.03M | - | - |
| HONG KONG | $47.00K | $404.00K | $2.98M | $3.02M | - | - | - | - | - | - | - | - |
| Others | - | - | - | - | - | - | - | - | - | - | - | $2.87M |
SkyWater's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (96.06%), CANADA (2.81%), Others Countries (1.07%), and HONG KONG (0.06%).
SKYT Revenue FAQ
What is SkyWater’s yearly revenue?
SkyWater's yearly revenue for 2023 was $286.68M, representing an increase of 34.63% compared to 2022. The company's yearly revenue for 2022 was $212.94M, representing an increase of 30.76% compared to 2021. SKYT's yearly revenue for 2021 was $162.85M, representing an increase of 15.96% compared to 2020.
What is SkyWater’s quarterly revenue?
SkyWater'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). The company'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). SKYT's quarterly revenue for Q4 2023 was $79.15M, a 10.51% increase from the previous quarter (Q3 2023), and a 21.61% increase year-over-year (Q4 2022).
What is SkyWater’s revenue growth rate?
SkyWater's revenue growth rate for the last 3 years (2021-2023) was 76.04%, and for the last 5 years (2019-2023) was 109.68%.
What are SkyWater’s revenue streams?
SkyWater's revenue streams in c 23 are Advanced Technology Services, Fixed Price, Advanced Technology Services, Other, Advanced Technology Services, Time And Materials, and Wafer Services. Advanced Technology Services, Fixed Price generated $83.89M in revenue, accounting 30.84% of the company's total revenue, up 71.96% year-over-year. Advanced Technology Services, Other generated $4.67M in revenue, accounting 1.72% of the company's total revenue Advanced Technology Services, Time And Materials generated $122.34M in revenue, accounting 44.97% of the company's total revenue, up 42.27% year-over-year. Wafer Services generated $61.13M in revenue, accounting 22.47% of the company's total revenue, down -16.83% year-over-year.
What is SkyWater’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of SkyWater was Advanced Technology Services, Time And Materials. This segment made a revenue of $122.34M, representing 44.97% of the company's total revenue.