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SKYT — Skywater Technology News Story

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SkyWater Q4 revenue rises

Overview

U.S. semiconductor foundry's preliminary Q4 revenue rose 127% yr/yr

Adjusted EBITDA for Q4 beat analyst expectations

Outlook

Company expects acquisition by IonQ to close in Q2 or Q3 2026

Result Drivers

FAB 25 ACQUISITION - Fiscal revenue growth driven by Fab 25 acquisition, with Texas operations exceeding expectations

QUANTUM COMPUTING - Increased quantum computing engagements and revenue contributed to growth in 2025

Company press release: ID:nBw5KHbwa

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Adjusted Net IncomeMiss-$1.60 mln-$900,000 (5 Analysts)
Q4 Net Income-$7.8 mln
Q4 Adjusted EBITDABeat$21 mln$19.45 mln (4 Analysts)
Q4 Adjusted Gross Profit$27.9 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell" The average consensus recommendation for the semiconductors peer group is "buy." Wall Street's median 12-month price target for Skywater Technology Inc is $35.00, about 24.5% above its February 24 closing price of $28.12 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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