Short answer
SkyWater Technology, Inc (SKYT) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 28, 2026. Quarterly revenue was $156M (up 164.8% year over year) with net income of −$6M.
Q2 2026 key financials · XBRL
- Revenue
- $156M
- +164.8% YoY · −2.7% QoQ
- Net income
- −$6M
- +36.1% YoY · +48.2% QoQ
- Operating margin
- 1.2%
- Gross margin
- 22.5%
- EPS (diluted)
- −$0.13
- +38.1% YoY · +48.0% QoQ
Source: XBRL data from the SkyWater Technology, Inc (SKYT) Q2 2026 10-Q on SEC EDGAR. USD.
SkyWater Technology, Inc Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
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
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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