Company / R&D Expense
SkyWater Technology, Inc R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$14.6M
FY2025
5-year range
$8.7M / $15.0M
FY2021-FY2025
Trend
-2.8%
vs FY2024
Sector context
#239 of 248
Information Technology
What the data says
Among 248 Information Technology companies, SkyWater Technology, Inc is in the bottom 4% for r&d expense. Improved from $10M to $15M over the past 2 years.
Based on SEC 10-K filings.
$15M in FY2025 with a 5-year CAGR of +28.3%.
Improved from $10M to $15M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +15.7%
- 5-Year CAGR
- +28.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 4% in Information TechnologyTop 96% of 248This company $14.6M Sector average $941.5M
▼
-98.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +28.3%, indicating consistent growth.
- In FY2025, r&d expense decreased 2.8% year-over-year.
- Ranks #239 out of 248 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.59 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $14.6M | -2.8% |
| FY2024 | $15.0M | +47.9% |
| FY2023 | $10.2M | +7.8% |
| FY2022 | $9.4M | +7.8% |
| FY2021 | $8.7M | +107.9% |
| FY2020 | $4.2M | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026