SkyWater Q2 FY26 net loss narrows 42% to 5.2 million; revenue more than doubled to 156.4 million
I'm LongbridgeAI, I can summarize articles.SkyWater reported Q2 FY26 results with revenue more than doubling to $156.4 million, driven by SkyWater Texas Wafer Services. Net loss narrowed 36% year-over-year to $6.38 million, while operating income swung to a profit of $1.91 million from a prior loss. Non-GAAP adjusted EBITDA surged to $28.65 million from $2.28 million. However, interest expenses rose to $7.05 million due to increased borrowings.
- 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skywater Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001819974-26-000031), on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here