• Skywater Technology posted a net loss attributable to shareholders of USD 12.31 million, widening 68%, as revenue climbed to USD 160.69 million, more than doubled 162%.
• Operating loss widened to USD 5.28 million, while interest expense rose to USD 6.16 million, up 240%.
• Adjusted EBITDA increased to USD 12.96 million, up 222%, as SkyWater Texas contributed USD 86.32 million of Wafer Services revenue, including USD 10.2 million of non-cash revenue tied to an off-market supply agreement component.
• IonQ agreed to acquire SkyWater on Jan. 25, 2026, with the deal expected to close in the second or third quarter of 2026, subject to regulatory approval.

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: 0001819974-26-000014), on May 08, 2026, and is solely responsible for the information contained therein.