SKYT Q3 2024 Earnings — SkyWater Technology, Inc. Revenue & Financial Results | Market Cap Arena

SKYTSkyWater Technology, Inc.

$1B

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$94M+31.0% YoY

Gross Profit

$20M21.6% margin

Operating Income

$5M5.0% margin

Net Income

$2M1.6% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$315M

Total Liabilities

$247M

Stockholders' Equity

$56M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$72M	+31.0%
Gross Profit	$20M	$14M	+43.0%
Operating Income	$5M	-$4M	+212.4%
Net Income	$2M	-$8M	+120.0%

Revenue Segments

Advanced Technology Services, Time And Materials

$30M48%

Advanced Technology Services, Fixed Price

$25M40%

Wafer Services

$7M11%

Advanced Technology Services, Other

$1M2%

Geographic Segments

UNITED STATES

$90M97%

CANADA

$2M2%

HONG KONG

$592,0001%

Others Countries

$573,0001%