SkyWater Technology (SKYT) Tax Rate (2020 - 2026)
SkyWater Technology (SKYT) recorded quarterly Tax Rate of 2.48% in Q1 2026, up 103.58% quarter-over-quarter from 69.33% in Q4 2025, and up 907.0% on a YoY basis from 0.25% in Q1 2025.
SkyWater Technology (SKYT) Tax Rate (2020 - 2026) Analysis & Trends
SkyWater Technology's Tax Rate history runs 7 years deep, the most recent figure standing at 2.48% for Q1 2026.
- In Q1 2026, Tax Rate rose 907.0% year-over-year to 2.48%; the TTM figure through Mar 2026 stood at 31.89% (down 1533.0% YoY), while the FY2025 annual figure was 29.32%, down 1878.0% from the prior year.
- Tax Rate was 2.48% for Q1 2026 at SkyWater Technology, up from 69.33% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 34.47% in Q4 2024 to a low of 69.33% in Q4 2025.
- Historically, Tax Rate has averaged 6.71% across 5 years, with a median of 0.45% in 2022.
- The sharpest annual moves came in 2023 and 2025: Tax Rate jumped 5604 bps in 2023, then plunged 10380 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 1.36% in 2022, then surged by 475 bps to 5.08% in 2023, then surged by 578 bps to 34.47% in 2024, then tumbled by 301 bps to 69.33% in 2025, then surged by 104 bps to 2.48% in 2026.
- The last three Tax Rate figures came in at 2.48% (Q1 2026), 69.33% (Q4 2025), and 28.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 16.59% |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 10.32% |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 14.67% |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 16.72% |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 14.84% |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | -8.49% |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 9.86% |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 58.58% |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | -230.20% |
| 10 | SkyWater Technology | 1.80 Bn | 1.78 Bn | 32.15 Mn | 2.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 2.48% |
| Mar 29, 2026 | 2.48% |
| Dec 28, 2025 | -69.33% |
| Dec 28, 2025 | -69.33% |
| Sep 28, 2025 | -28.09% |
| Sep 28, 2025 | -28.09% |
| Jun 29, 2025 | -9.14% |
| Jun 29, 2025 | -9.14% |
| Mar 30, 2025 | -6.58% |
| Mar 30, 2025 | -6.58% |
| Dec 29, 2024 | 34.47% |
| Dec 29, 2024 | 34.47% |
| Sep 29, 2024 | 3.42% |
| Sep 29, 2024 | 3.42% |
| Jun 30, 2024 | 11.74% |
| Jun 30, 2024 | 11.74% |
| Mar 31, 2024 | -0.89% |
| Mar 31, 2024 | -0.89% |
| Dec 31, 2023 | 5.08% |
| Dec 31, 2023 | 5.08% |