SKYT at a glance
SkyWater Technology, Inc (SKYT, SEC CIK 1819974) filed its latest 10-K annual report on March 11, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on July 31, 2026 and Form 4 insider filings as recently as July 31, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 28, 2025 (FY2025), SkyWater Technology, Inc (SKYT) reported revenue of $442.1 million (up 29.2% from FY2024) and net income of $118.9 million. Diluted EPS was $2.44.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding SkyWater Technology, Inc (SKYT) shares worth $406.9 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $442.1M
- +29.2% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 32 funds
- $406.9M · +1 vs prior quarter
- Latest 8-K
- Jul 31, 2026
- Item 1.02 · Item 2.01 · Item 5.03 · Item 5.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 28, 2025
Business Overview
- Core business not detailed in this section; focus on equity compensation plans and shareholder matters
- 2,157,000 options outstanding with weighted-average exercise price $10.60 under 2021 Equity Incentive Plan
- 5,876,923 shares available for future issuance under equity compensation plans approved by shareholders
- 1,417,000 unvested restricted stock units outstanding and 257,826 shares available under Employee Stock Purchase Plan
- Emphasis on governance disclosures and proxy statement references filed post fiscal year-end
Risk Factors
- Regulatory risk from Hart-Scott-Rodino Act waiting period possibly delaying IonQ Mergers completion
- Geopolitical/macro risk: reliance on foundries in Minnesota, Florida, Texas; physical damage to facilities could halt production
- Operational risk: manufacturing tooling and infrastructure equipment have limited or no redundancy, risking production capacity loss
- Competitive risk: potential loss of revenue if unable to penetrate new markets like rad-hard electronics due to larger competitors
- Financial risk: revenue highly concentrated with Infineon representing 43% of 2025 sales, loss would materially harm results
Management Discussion & Analysis
- Revenue not explicitly stated, comparison for fiscal years 2025 vs 2024 not provided
- No margin or profitability figures disclosed in the text provided
- Legacy SkyWater and SkyWater Texas segments described; no specific financial performance data given
- Capital funding includes Revolver, VIE financing, and Tool Financing Loans; $16M potential CHIPS Act funding plus $19M Minnesota incentives mentioned
- Pending acquisition by IonQ expected to close Q2/Q3 2026; no impact on current period results
AI summary of the SKYT 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 28, 2026
Management Discussion & Analysis
- Q2 revenue $156.4M, up 165% YoY from $59.1M, driven by Fab 25 Wafer Services contribution
- Legacy SkyWater gross margin 26% vs 19% YoY, with gross profit $17.6M vs $10.9M
- Best performer: SkyWater Texas Wafer Services revenue $87.4M, versus $0 YoY
- Worst performer: Legacy SkyWater Wafer Services revenue $4.0M, down from $5.4M
- Headwinds: aerospace and defense revenue down $20.5M from policy shifts and program terminations
Risk Factors
- Merger agreement with IonQ dated January 25, 2026 represents the only material corporate development identified
- No director or Section 16 officer adopted or terminated trading arrangements during the quarter
AI summary of the SKYT 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.02: Termination of a Material Definitive Agreement
- Item 1.02 indicates termination of a material definitive agreement
- Details and financial impact depend on the Introductory Note referenced in the filing
Item 2.01: Completion of Acquisition or Disposition of Assets
- SkyWater equity awards converted into IonQ awards, preserving employee compensation after the acquisition
- Stock options and employee RSUs exchanged at a 0.8546 conversion ratio
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Merger-related governance documents became effective for the surviving company
- SkyWater’s amended charter and bylaws filed as Exhibits 3.1 and 3.2
Item 5.01: Changes in Control of Registrant
- Mergers completed, transferring SkyWater into Parent’s wholly owned subsidiary
- Control change reflects SkyWater’s post-merger ownership by Parent
Item 8.01: Other Events
- Final regulatory approval received July 28, 2026 for IonQ’s acquisition of SkyWater
- Transaction remains subject to other closing conditions, so completion is not yet assured
Item EX-99.1: Item EX-99.1
- Final regulatory approval clears IonQ’s acquisition of SkyWater, with closing targeted for July 31, 2026
- SkyWater becomes a wholly owned IonQ subsidiary while continuing U.S.-based foundry operations under its existing name
Item 5.07: Submission of Matters to a Vote of Security Holders
- Stockholders re-elected all nine director nominees through the 2027 annual meeting
- Dennis J. Goetz drew highest opposition, with 12,398,055 votes withheld
AI summaries of SKYT 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SKYT
Don't miss the next SKYT filing
- Alerts as it files. A push when SKYT files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut SKYT, by share count.
- Ask anything. An AI agent that reads every SKYT filing and answers with sources.
SKYT alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Hilberg Christopher | D | Jul 31, 2026 | 30,140 | - |
| Sakamoto John | D | Jul 31, 2026 | 58,908 | - |
| LaFrence Andrew D.C. | D | Jul 31, 2026 | 11,428 | - |
| Sakamoto John | D | Jul 31, 2026 | 55,919 | - |
| Sakamoto John | D | Jul 31, 2026 | 87,996 | - |
| Sakamoto John | D | Jul 31, 2026 | 234,375 | - |
| Daly Edward | D | Jul 31, 2026 | 34,879 | - |
| Humke Joseph J | D | Jul 31, 2026 | 4,304 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $342.3M | $442.1M |
| Gross Profit | - | $69.6M | $86.9M |
| Operating Income | - | $6.6M | -$2.6M |
| Net Income | - | -$6.8M | $118.9M |
| Gross Margin | - | 20.3% | 19.7% |
| Op. Margin | - | 1.9% | -0.6% |
| Net Margin | - | -2.0% | 26.9% |
| Balance Sheet | |||
| Total Assets | - | $313.8M | $733.9M |
| Equity | $53.7M | $57.6M | $187.8M |
| ROE | - | -11.8% | 63.3% |
| Per Share | |||
| EPS | - | $-0.14 | $2.44 |
| Cash Flow | |||
| Operating CF | - | $18.5M | -$29.0M |
| CapEx | $8.6M | $7.9M | $24.3M |
Source: XBRL data in SkyWater Technology, Inc (SKYT)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SKYT share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $406.9M |
| Q1 2026 | 31 | $272.2M |
| Q4 2025 | 27 | $243.8M |
| Q3 2025 | 26 | $225.0M |
| Q2 2025 | 25 | $74.7M |
| Q1 2025 | 20 | $37.7M |
| Q4 2024 | 15 | $46.9M |
| Q3 2024 | 13 | $15.8M |
- State Street Corp+873.1K (+59%)
- BlackRock+389.5K (+15%)
- Bank of America Corp+226.3K (+192%)
- BNY Mellon+140.8K (+136%)
- JPMorgan Chase & Co+72.8K (+43%)
- Millennium Management−402.5K (-44%)
- Morgan Stanley−59.4K (-33%)
- AQR Capital Management−17.2K (-56%)
- Goldman Sachs Group−10.8K (-1%)
- Two Sigma Investments−9.2K (-17%)
- Renaissance Technologies LLC+260.9K
- Prudential Financial+27.6K
- Marex Group plc−45.5K
Source: 13F-HR filings on SEC EDGAR (aggregated from 189 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SKYT filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| SC 13G | Aug 14, 2026 | - | - | |
| 10-Q | Aug 7, 2026 | Jun 28, 2026 | Analysis | |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 8-K | Jul 31, 2026 | - | Analysis | - |
| 4 | Jul 31, 2026 | - | - | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 8-K | Jun 16, 2026 | - | Analysis | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
Related Information Technology companies
- AMD · Advanced Micro DevicesSemiconductors & Related Devices
- ALMU · Aeluma, Inc.Semiconductors & Related Devices
- AOSL · ALPHA & OMEGA SEMICONDUCTOR LtdSemiconductors & Related Devices
- AMBA · AMBARELLA INCSemiconductors & Related Devices
- AMBQ · Ambiq Micro, Inc.Semiconductors & Related Devices
- ADI · Analog DevicesSemiconductors & Related Devices
- AMAT · Applied MaterialsSemiconductors & Related Devices
- AAOI · APPLIED OPTOELECTRONICS, INC.Semiconductors & Related Devices
SKYT SEC filings: frequently asked questions
Which institutions hold SKYT stock?
As of June 30, 2026, the largest SkyWater Technology, Inc (SKYT) holders among the 13F filers tracked by SignalX were BlackRock ($102.6 million), State Street Corp ($81.7 million), Vanguard Capital Management LLC ($53.3 million), Goldman Sachs Group ($31.0 million), Millennium Management ($17.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SKYT's revenue in fiscal year 2025?
For the fiscal year ended December 28, 2025 (FY2025), SkyWater Technology, Inc (SKYT) reported revenue of $442.1 million (up 29.2% from FY2024) and net income of $118.9 million. Diluted EPS was $2.44. The figures come from the XBRL data in the 10-K.
What are the main risks in SKYT's latest 10-K?
In the 10-K filed March 11, 2026, SkyWater Technology, Inc (SKYT) flagged: Regulatory risk from Hart-Scott-Rodino Act waiting period possibly delaying IonQ Mergers completion. Geopolitical/macro risk: reliance on foundries in Minnesota, Florida, Texas; physical damage to facilities could halt production. (AI summary of the Risk Factors section.)
What did SKYT report in its latest 8-K?
SkyWater Technology, Inc (SKYT) filed an 8-K on July 31, 2026 reporting Item 1.02 (Termination of a Material Definitive Agreement), Item 2.01 (Completion of Acquisition or Disposition of Assets), Item 5.03 (Amendments to Articles of Incorporation or Bylaws) and Item 5.01 (Changes in Control of Registrant). Item 1.02 indicates termination of a material definitive agreement.
What are the latest SKYT SEC filings?
SkyWater Technology, Inc (SKYT) filed its latest 10-K annual report on March 11, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on July 31, 2026 and a Form 4 insider filing on July 31, 2026.
What is SKYT's SEC CIK number?
SkyWater Technology, Inc (SKYT)'s SEC Central Index Key (CIK) is 1819974. EDGAR lists every SKYT filing under that number.
Ask anything about SKYT
The research agent reads SKYT's filings, financials, insider trades and 13F holders, then answers with sources.