SkyWater Technology (SKYT) Tax Rate (2020 - 2026)
SkyWater Technology (SKYT) posted Tax Rate of 0.43% for Q2 2026, down 117.24% on a QoQ basis from 2.48% in Q1 2026, and up 872.0% year-over-year from 0.04% in Q2 2025.
Analysis
SkyWater Technology (SKYT) Tax Rate (2020 - 2026) Analysis & Trends
SkyWater Technology has reported Tax Rate for 7 years, with the latest figure at 0.43% in Q2 2026.
- On a quarterly basis, Tax Rate rose 872.0% year-over-year to 0.43% in Q2 2026; TTM through Jun 2026 was 31.65%, a 1788.0% decrease from a year earlier, with the FY2025 full-year figure at 29.32%, down 1878.0% from the prior year.
- Tax Rate was 0.43% for Q2 2026 at SkyWater Technology, down from 2.48% in the prior quarter.
- The five-year high for Tax Rate was 34.47% in Q4 2024, with the low at 69.33% in Q4 2025.
- Average Tax Rate over 5 years is 6.34%, with a median of 0.43% recorded in 2026.
- The sharpest annual moves came in 2023 and 2025: Tax Rate surged 5604 bps in 2023, then tumbled 10380 bps in 2025.
- Over 5 years, Tax Rate stood at 1.36% in 2022, then soared by 475 bps to 5.08% in 2023, then soared by 578 bps to 34.47% in 2024, then slumped by 301 bps to 69.33% in 2025, then jumped by 99 bps to 0.43% in 2026.
- The last three Tax Rate figures came in at 0.43% (Q2 2026), 2.48% (Q1 2026), and 69.33% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 18.05% |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 14.99% |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | -0.27% |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 11.53% |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 13.31% |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 19.40% |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -6.56% |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -11.76% |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 20.73% |
| 10 | SkyWater Technology | 1.56 Bn | 1.56 Bn | 35.21 Mn | -0.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | -0.43% |
| Mar 29, 2026 | 2.48% |
| Dec 28, 2025 | -69.33% |
| Sep 28, 2025 | -28.09% |
| Jun 29, 2025 | -9.14% |
| Mar 30, 2025 | -6.58% |
| Dec 29, 2024 | 34.47% |
| Sep 29, 2024 | 3.42% |
| Jun 30, 2024 | 11.74% |
| Mar 31, 2024 | -0.89% |
| Dec 31, 2023 | 5.08% |
| Oct 1, 2023 | 1.43% |
| Jul 2, 2023 | -0.38% |
| Jan 1, 2023 | -50.96% |
| Oct 2, 2022 | -1.36% |
| Jul 3, 2022 | -0.52% |
| Apr 3, 2022 | 1.22% |
| Oct 3, 2021 | -1.52% |
| Jul 4, 2021 | 40.51% |
| Apr 4, 2021 | 17.15% |