SkyWater Q2 FY26 net loss narrows 42% to 5.2 million; revenue more than doubled to 156.4 million - SKYT News | RalliesSkyWater Q2 FY26 net loss narrows 42% to 5.2 million; revenue more than doubled to 156.4 million
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SKYT• Quarterly results and operating performance
- SkyWater posted a net loss attributable to shareholders of USD 6.38 million in Q2, narrowing 36% year over year.
- Revenue more than doubled to USD 156.38 million, driven by SkyWater Texas Wafer Services of USD 87.41 million.
- Operating income was USD 1.91 million, swinging from an operating loss a year earlier.
- Interest expense climbed to USD 7.05 million, reflecting higher average revolver borrowings and a tool financing loan.
- Non-GAAP adjusted EBITDA rose to USD 28.65 million from USD 2.28 million a year earlier.
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