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SkyWater Technology (SKYT) Work In Process: 2021-2024

Historic Work In Process for SkyWater Technology (SKYT) over the last 4 years, with Dec 2024 value amounting to $981,000.

  • SkyWater Technology's Work In Process fell 68.24% to $512,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $512,000, marking a year-over-year decrease of 68.24%. This contributed to the annual value of $981,000 for FY2024, which is 96.70% down from last year.
  • SkyWater Technology's Work In Process amounted to $981,000 in FY2024, which was down 96.70% from $29.8 million recorded in FY2023.
  • In the past 5 years, SkyWater Technology's Work In Process ranged from a high of $34.6 million in FY2023 and a low of $981,000 during FY2024.
  • Moreover, its 3-year median value for Work In Process was $23.0 million (2022), whereas its average is $20.4 million.
  • Per our database at Business Quant, SkyWater Technology's Work In Process soared by 112.38% in 2023 and then plummeted by 96.70% in 2024.
  • Yearly analysis of 4 years shows SkyWater Technology's Work In Process stood at $19.7 million in 2021, then declined by 17.32% to $16.3 million in 2022, then spiked by 112.38% to $34.6 million in 2023, then declined by 14.04% to $29.8 million in 2023, then tumbled by 96.70% to $981,000 in 2024.