SkyWater (SKYT) Revenue & Revenue Breakdown


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SkyWater Revenue Highlights


Latest Revenue (Y)

$286.68M

Latest Revenue (Q)

$93.82M

Main Segment (Y)

Advanced Technology Services, Time And Materials

Main Geography (Y)

UNITED STATES

SkyWater Revenue by Period


SkyWater Revenue by Year

DateRevenueChange
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$136.72M-

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

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

SkyWater's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Advanced Technology Services, Time And Materials (47.91%), Advanced Technology Services, Fixed Price (39.60%), Wafer Services (10.65%), and Advanced Technology Services, Other (1.85%).

SkyWater Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Jan 23Jan 22
UNITED STATES$261.27M$184.91M$141.11M
CANADA$8.33M$4.13M$6.22M
HONG KONG$6.41M--
Other Countries$6.04M--
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

CountrySep 24Mar 24Dec 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21
Others Countries$573.00K$847.00K$1.02M$2.38M$4.36M$4.54M$5.55M$2.31M$-4.15M$4.55M$3.03M--
HONG KONG$592.00K$47.00K$404.00K$2.98M$3.02M--------
CANADA$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$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
Others------------$2.87M

SkyWater's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (96.88%), CANADA (1.88%), HONG KONG (0.63%), and Others Countries (0.61%).

SkyWater Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ALGMAllegro MicroSystems$1.05B$187.39M
SKYTSkyWater$286.68M$93.82M
INDIindie Semiconductor$223.17M$46.09M
SITMSiTime$143.99M$43.87M
FTCIFTC Solar$127.00M$10.14M
NVTSNavitas Semiconductor$79.46M$21.68M

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 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 (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.