SKYT Q2 2023 Earnings — SkyWater Technology, Inc. Revenue & Financial Results | Market Cap Arena

SKYTSkyWater Technology, Inc.

$1B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$70M+47.3% YoY

Gross Profit

$17M23.9% margin

Operating Income

-$4M-5.1% margin

Net Income

-$9M-12.3% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$299M

Total Liabilities

$236M

Stockholders' Equity

$59M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$47M	+47.3%
Gross Profit	$17M	$2M	+701.3%
Operating Income	-$4M	-$11M	+68.0%
Net Income	-$9M	-$13M	+33.9%

Revenue Segments

Advanced Technology Services

$53M43%

Advanced Technology Services, Time And Materials

$28M23%

Advanced Technology Services, Fixed Price

$24M19%

Wafer Services

$17M14%

Advanced Technology Services, Other

$1M1%

Geographic Segments

UNITED STATES

$60M91%

HONG KONG

$3M5%

CANADA

$2M3%

Others Countries

$1M2%