Semiconductors & Related Devices · SIC 3674

SkyWater Technology, Inc

SKYT

Watch

Latest revenue

$160.7M

as of 2026-03-29

Latest net income

$-12.3M

as of 2026-03-29

Net margin

-7.7%

as of 2026-03-29

Price · 5Y

+7.4% / yr 6.3 pts / yr vs S&P 500 42.9% total
Compare:

Live market

delayed ≤15 min
$37.21
0.57%
Market cap
$1.83B
Enterprise value
$1.83B
P/E (trailing)
15.4×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$38.39
52-wk low
$8.18
Beta
Shares out
49.2M

5-year trend

What this company does

AI

ITEM 1. BUSINESS Overview SkyWater Technology, Inc., together with its consolidated subsidiaries, is a U.S.-based, independent, pure-play semiconductor foundry providing foundational-node manufacturing, advanced technology development, and advanced packaging services through an integrated, multi-site operating model. We operate exclusively within the United States, with fabrication and packaging facilities in Minnesota, Texas, and Florida. Our operations are designed to support customers that require secure, domestic manufacturing, long product life cycles, high reliability, and close engineering collaboration. Our business model integrates production-scale manufacturing with advanced…

AI summary unavailable — showing raw filing excerpt

Generated from SKYT's filing dated 2026-03-11

Key risks

AI

ITEM 1A. RISK FACTORS Our operations and financial results are subject to various risks and uncertainties, including those described below, that could adversely affect our business, financial condition, results of operations, cash flows, and the trading price of our common stock. Some statements in this Annual Report on Form 10-K, including statements in the following risk factors, constitute forward-looking statements. Please refer to the section entitled “Special Note Regarding Forward Looking Statements” for more information. Risk Factors Related to the Proposed IonQ Mergers The proposed IonQ Mergers are subject to the satisfaction of closing conditions, including approval of our…

AI summary unavailable — showing raw filing excerpt

Generated from SKYT's filing dated 2026-03-11

Profitability

Gross margin

19.7%

3.4%

Operating margin

-0.6%

130.4%

Net margin

26.9%

1455.1%

Return on equity

63.3%

618.6%

Return on assets

16.2%

848.4%

Leverage

Debt / equity

2.91×

37.3%

Long-term debt / equity

0.18×

71.9%

Debt / assets

74.4%

9.6%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-29

$160.7M+162.1%$-12.3M-67.6%-7.7%

Q4 2025

2025-12-28

$171.0M+126.6%$9.5M+1505.4%5.6%

Q3 2025

2025-09-28

$150.7M+60.7%$126.7M+8279.0%84.0%

Q2 2025

2025-06-29

$59.1M-36.7%$-10.0M-426.0%-16.9%

Q1 2025

2025-03-30

$61.3M-23.0%$-7.3M-28.2%-12.0%

Q4 2024

2024-12-29

$75.5M$-679.0K-0.9%

Q3 2024

2024-09-29

$93.8M+31.0%$1.5M+120.0%1.6%

Q2 2024

2024-06-30

$93.3M+33.7%$-1.9M+77.9%-2.0%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Semiconductors & Related Devices · SIC 3674

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Insider activity

Insider buying

$0

Insider selling

$74.2M

Net activity

−$74.2M

Distinct insiders

3

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-11

Steve Manko

CFO

Sale75,000$35.08$2.6M
2026-04-14

Steve Manko

CFO

Sale84,215$30.41$2.6M
2026-03-16

Steve Manko

CFO

Sale71,693$27.84$2.0M
2026-03-16

Steve Manko

CFO

Sale9,708$27.84$270.3K
2026-03-16

Steve Manko

CFO

Sale81,401$27.84$2.3M
2025-11-26

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale100,000$14.54$1.5M
2025-11-24

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale100,000$14.53$1.5M
2025-11-24

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale100,000$14.53$1.5M
2025-11-21

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale100,000$14.13$1.4M
2025-11-21

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale100,000$14.13$1.4M
2025-11-21

Thomas Sonderman

CEO

Sale5,210$13.38$69.7K
2025-11-18

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale9,662$16.26$157.1K
2025-11-17

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale12,000$17.45$209.4K
2025-11-14

Steve Manko

CFO

Sale50,000$17.40$869.9K
2025-11-14

Thomas Sonderman

CEO

Sale5,207$17.00$88.5K
2025-11-13

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale2,200$20.55$45.2K
2025-09-26

Loren A Unterseher / CMI Oxbow Partners, LLC / Oxbow Industries, LLC

Director

Sale120,370$18.02$2.2M
2025-09-26

Steve Manko

CFO

Sale60,829$17.40$1.1M
2025-09-22

Steve Manko

CFO

Sale43,383$15.13$656.3K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns SKYT

Institutional value

$333.2M

Total shares held

12.3M

Distinct holders

101

-84 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.2.6M$70.1M+240.4K (+10.4%)Added
2VANGUARD CAPITAL MANAGEMENT LLC1.5M$41.9MNew
3ALPINE ASSOCIATES MANAGEMENT INC.1.2M$33.7MNew
4UBS Group AG1.2M$32.5M+1.1M (+963.1%)Added
5Magnetar Financial LLC1.2M$32.2MNew
6Nuveen, LLC629.0K$17.2M-16.7K (-2.6%)Trimmed
7JANE STREET GROUP, LLC405.0K$11.1M+196.2K (+93.9%)Added
8EMERALD ADVISERS, LLC286.8K$7.9M-1.0M (-78.3%)Trimmed
9DIMENSIONAL FUND ADVISORS LP281.9K$7.7M-105.7K (-27.3%)Trimmed
10Palisades Investment Partners, LLC260.9K$7.2MNew
11CITIGROUP INC256.7K$7.0M+214.4K (+506.6%)Added
12VANGUARD PORTFOLIO MANAGEMENT LLC232.0K$6.4MNew
13VANGUARD FIDUCIARY TRUST CO210.1K$5.8MNew
14Hudson Bay Capital Management LP201.5K$5.5MNew
15EMERALD MUTUAL FUND ADVISERS TRUST183.3K$5.0M-545.9K (-74.9%)Trimmed
16JPMORGAN CHASE & CO170.1K$4.5M+157.2K (+1218.4%)Added
17DEUTSCHE BANK AG\106.5K$2.9M+19.7K (+22.7%)Added
18NEW YORK STATE COMMON RETIREMENT FUND105.0K$2.9M+98.0K (+1407.6%)Added
19Bank of New York Mellon Corp103.6K$2.8M+11.2K (+12.2%)Added
20GROUP ONE TRADING LLC100.2K$2.7M+26.9K (+36.6%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once SKYT's latest filing finishes processing.