Skywater Technology Inc
NASDAQ:SKYT
Income Statement
Earnings Waterfall
Skywater Technology Inc
Income Statement
Skywater Technology Inc
| Jun-2020 | Sep-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Interest Expense |
6
|
6
|
5
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
5
|
7
|
9
|
10
|
11
|
11
|
10
|
10
|
9
|
8
|
7
|
11
|
0
|
|
| Revenue |
131
N/A
|
131
0%
|
140
+7%
|
152
+8%
|
162
+7%
|
164
+1%
|
163
-1%
|
163
+0%
|
169
+4%
|
186
+10%
|
213
+14%
|
231
+8%
|
253
+10%
|
273
+8%
|
287
+5%
|
300
+5%
|
324
+8%
|
346
+7%
|
342
-1%
|
324
-5%
|
290
-11%
|
347
+20%
|
442
+28%
|
|
| Gross Profit | ||||||||||||||||||||||||
| Cost of Revenue |
(109)
|
(102)
|
(118)
|
(126)
|
(140)
|
(151)
|
(157)
|
(167)
|
(173)
|
(180)
|
(187)
|
(188)
|
(195)
|
(209)
|
(227)
|
(244)
|
(267)
|
(284)
|
(273)
|
(253)
|
(225)
|
(266)
|
(355)
|
|
| Gross Profit |
22
N/A
|
29
+31%
|
23
-21%
|
25
+12%
|
22
-14%
|
13
-42%
|
6
-53%
|
(4)
N/A
|
(4)
+7%
|
6
N/A
|
26
+317%
|
43
+67%
|
58
+34%
|
64
+10%
|
59
-7%
|
56
-6%
|
56
+1%
|
62
+11%
|
70
+12%
|
71
+2%
|
65
-9%
|
81
+25%
|
87
+8%
|
|
| Operating Income | ||||||||||||||||||||||||
| Operating Expenses |
(35)
|
(30)
|
(31)
|
(36)
|
(44)
|
(48)
|
(50)
|
(60)
|
(48)
|
(52)
|
(56)
|
(60)
|
(67)
|
(72)
|
(74)
|
(72)
|
(67)
|
(64)
|
(63)
|
(66)
|
(68)
|
(81)
|
(90)
|
|
| Selling, General & Administrative |
(22)
|
(23)
|
(25)
|
(28)
|
(37)
|
(40)
|
(44)
|
(47)
|
(42)
|
(43)
|
(46)
|
(50)
|
(57)
|
(62)
|
(64)
|
(60)
|
(55)
|
(51)
|
(48)
|
(52)
|
(54)
|
(65)
|
(75)
|
|
| Research & Development |
(4)
|
(3)
|
(4)
|
(5)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(12)
|
(12)
|
(14)
|
(15)
|
(14)
|
(14)
|
(15)
|
(15)
|
|
| Other Operating Expenses |
(10)
|
(4)
|
(2)
|
(1)
|
0
|
2
|
3
|
(4)
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(13)
N/A
|
(2)
+88%
|
(9)
-447%
|
(11)
-24%
|
(22)
-108%
|
(35)
-57%
|
(44)
-25%
|
(64)
-47%
|
(52)
+19%
|
(45)
+13%
|
(30)
+34%
|
(17)
+43%
|
(10)
+44%
|
(9)
+9%
|
(15)
-71%
|
(16)
-7%
|
(11)
+31%
|
(2)
+81%
|
7
N/A
|
5
-28%
|
(3)
N/A
|
0
N/A
|
(3)
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||
| Interest Income Expense |
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(9)
|
(10)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(8)
|
(7)
|
(11)
|
(14)
|
|
| Non-Reccuring Items |
0
|
0
|
(1)
|
0
|
5
|
5
|
(7)
|
0
|
(13)
|
(13)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
111
|
112
|
|
| Total Other Income |
(4)
|
(5)
|
1
|
1
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(23)
N/A
|
(12)
+48%
|
(15)
-22%
|
(15)
-1%
|
(21)
-41%
|
(32)
-54%
|
(54)
-67%
|
(68)
-25%
|
(69)
-2%
|
(63)
+9%
|
(36)
+43%
|
(24)
+34%
|
(18)
+24%
|
(18)
-2%
|
(26)
-40%
|
(27)
-4%
|
(21)
+20%
|
(12)
+44%
|
(2)
+81%
|
(4)
-55%
|
(11)
-200%
|
100
N/A
|
95
-5%
|
|
| Net Income | ||||||||||||||||||||||||
| Tax Provision |
3
|
0
|
(5)
|
(5)
|
(0)
|
(0)
|
7
|
7
|
2
|
2
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
0
|
1
|
0
|
(0)
|
(1)
|
(1)
|
30
|
28
|
|
| Income from Continuing Operations |
(20)
|
(12)
|
(20)
|
(20)
|
(21)
|
(33)
|
(47)
|
(61)
|
(67)
|
(61)
|
(37)
|
(25)
|
(19)
|
(19)
|
(25)
|
(26)
|
(21)
|
(11)
|
(3)
|
(4)
|
(12)
|
131
|
123
|
|
| Income to Minority Interest |
0
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
|
| Net Income (Common) |
(20)
N/A
|
(12)
+43%
|
(21)
-77%
|
(22)
-7%
|
(24)
-8%
|
(36)
-51%
|
(51)
-41%
|
(65)
-27%
|
(71)
-9%
|
(64)
+10%
|
(40)
+38%
|
(27)
+31%
|
(23)
+16%
|
(23)
-3%
|
(31)
-31%
|
(32)
-5%
|
(26)
+21%
|
(16)
+36%
|
(7)
+59%
|
(8)
-24%
|
(16)
-96%
|
126
N/A
|
119
-6%
|
|
| EPS (Diluted) |
-0.54
N/A
|
-0.31
+43%
|
-0.54
-74%
|
-0.57
-6%
|
-0.68
-19%
|
-0.92
-35%
|
-1.75
-90%
|
-1.61
+8%
|
-1.75
-9%
|
-1.56
+11%
|
-0.97
+38%
|
-0.62
+36%
|
-0.53
+15%
|
-0.52
+2%
|
-0.68
-31%
|
-0.69
-1%
|
-0.54
+22%
|
-0.35
+35%
|
-0.14
+60%
|
-0.18
-29%
|
-0.34
-89%
|
2.58
N/A
|
2.44
-5%
|
|