Company research
Shimmick Corp
CIK 1887944Updated Sep 24, 2026
SHIM price & chart
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NASDAQ:SHIM on TradingView ↗About the company
Shimmick Corporation ("Shimmick", the "Company") (NASDAQ: SHIM) is an industry leader in delivering turnkey infrastructure solutions that strengthen critical markets across water, energy, climate resiliency, and sustainable transportation. With a track record that spans over a century, Shimmick, headquartered in California, unites deep engineering heritage with entrepreneurial spirit to tackle today's most complex infrastructure challenges. We integrate technical excellence with collaborative project delivery methods to provide innovative, technology-driven infrastructure solutions that accelerate economic growth and empower communities nationwide. For more information, visit www.shimmick.com.
In the news
Shimmick Corporation to Announce Second Quarter 2026 Financial Results on August 10, 2026 ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 218,763,000Source | 233,864,000Source | 426,652,000Source | 446,799,000Source |
| Property, Plant and Equipment, NetUSD | 10,571,000Source | 19,132,000Source | 46,373,000Source | 55,208,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 19,969,000Source | 33,730,000Source | 62,939,000Source | 77,762,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 30,179,000Source | 42,988,000Source | 54,178,000Source | 56,430,000Source |
| Assets, CurrentUSD | 175,381,000Source | 141,000,000Source | 257,458,000Source | 233,476,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 13,067,000Source | 15,614,000Source | 13,427,000Source | 14,060,000Source |
| Operating Lease, Right-of-Use AssetUSD | 15,255,000Source | 24,232,000Source | 23,568,000Source | 21,811,000Source |
| Other Assets, NoncurrentUSD | 388,000Source | 300,000Source | 2,871,000Source | 3,143,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 275,403,000Source | 268,538,000Source | 356,162,000Source | 395,204,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 360,000Source | 343,000Source | 255,000Source | 219,000Source |
| Retained Earnings (Accumulated Deficit)USD | -103,795,000Source | -78,211,000Source | 46,537,000Source | 49,083,000Source |
| Additional Paid in Capital, Common StockUSD | 46,795,000Source | 43,353,000Source | 24,445,000Source | 3,341,000Source |
| Liabilities and EquityUSD | 218,763,000Source | 233,864,000Source | 426,652,000Source | 446,799,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 196,116,000Source | 230,264,000Source | 271,253,000Source | 340,944,000Source |
| Operating Lease, Liability, CurrentUSD | 4,372,000Source | 6,571,000Source | 8,247,000Source | 7,767,000Source |
| Accounts Payable, CurrentUSD | 69,542,000Source | 46,475,000Source | 81,589,000Source | 67,541,000Source |
| Operating Lease, Liability, NoncurrentUSD | 11,011,000Source | 15,987,000Source | 15,017,000Source | 13,861,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | 0Source | 17,252,000Source | 18,851,000Source |
| Other Liabilities, NoncurrentUSD | 1,402,000Source | 8,010,000Source | 4,282,000Source | 3,459,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 0Source | -159,000Source | -747,000Source | -1,048,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 34,172,000Source | 38,556,000Source | 33,897,000Source | 60,758,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 9,478,000Source | 29,627,000Source | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 60,316,000Source | 9,478,000Source | 29,627,000Source | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -25,425,000Source | -124,748,000Source | -2,286,000Source | 2,907,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 12,998,000Source | 15,132,000Source | 17,121,000Source | 15,979,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,237,000Source | 6,130,000Source | 2,062,000Source | 2,295,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -12,809,000Source | -11,190,000Source | -2,251,000Source | -41,574,000Source |
| Increase (Decrease) in Accounts PayableUSD | 23,067,000Source | -35,114,000Source | 13,747,000Source | 10,436,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -65,114,000Source | -21,259,000Source | -88,100,000Source | -3,084,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,124,000Source | 15,041,000Source | 22,050,000Source | 4,197,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 6,371,000Source | 10,477,000Source | 7,042,000Source | 10,443,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 50,054,000Source | -21,897,000Source | 47,875,000Source | -931,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -4,136,000Source | -1,478,000Source | -842,000Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 21,859,000Source | 35,795,000Source | 63,910,000Source | 82,085,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 5,000,000Source | 6,000,000Source | 2,000,000Source | 2,000,000Source |
| Amortization of Intangible AssetsUSD | 3,000,000Source | 3,000,000Source | 2,618,000Source | 2,632,000Source |
| DepreciationUSD | 10,135,000Source | 12,276,000Source | 14,338,000Source | 13,047,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 75,000Source | 20,725,000Source | 31,834,000Source | 0Source |
| Gain (Loss) on Disposition of BusinessUSD | 75,000Source | 20,725,000Source | 31,834,000Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 1,508,000Source | -4,728,000Source | 10,354,000Source | 52,471,000Source |
| Income Tax Expense (Benefit)USD | 0Source | -963,000Source | 0Source | 1,274,000Source |
| Net Income (Loss) Attributable to ParentUSD | -25,584,000Source | -124,748,000Source | -2,546,000Source | 3,760,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 159,000Source | 0Source | 260,000Source | -853,000Source |
| Operating ExpensesUSD | 54,576,000Source | 79,674,000Source | 64,125,000Source | 63,074,000Source |
| Other Nonoperating Income (Expense)USD | 636,000Source | -959,000Source | -2,721,000Source | -8,731,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | 301,000Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2023 |
|---|---|---|
| Total RevenueUSD | 480,236,000Source | 664,158,000Source |
| Cost of RevenueUSD | 535,885,000Source | 640,643,000Source |
| Selling, General and Administrative ExpenseUSD | 63,966,000Source | 60,442,000Source |
| Operating Income (Loss)USD | -119,326,000Source | 12,912,000Source |
| Other Nonoperating Income (Expense)USD | -959,000Source | -8,731,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -125,711,000Source | 4,181,000Source |
| Income Tax Expense (Benefit)USD | -963,000Source | 1,274,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | -853,000Source |
| Net Income (Loss) Attributable to ParentUSD | -124,748,000Source | 3,760,000Source |
| Earnings Per Share, BasicUSD per share | -4.1Source | 0.17Source |
| Earnings Per Share, DilutedUSD per share | -4.1Source | 0.17Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 30,406Source | 21,909Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 30,406Source | 21,909Source |
| Additional Financial Items | ||
| Amortization of Intangible AssetsUSD | 3,000,000Source | 2,632,000Source |
| Current Income Tax Expense (Benefit)USD | -963,000Source | 1,274,000Source |
| Gross ProfitUSD | -55,649,000Source | 23,515,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -4,728,000Source | 52,471,000Source |
| Interest ExpenseUSD | 5,426,000Source | — |
| Operating ExpensesUSD | 79,674,000Source | 63,074,000Source |
Filing attachments
shim-ex99_1.htm · 8-K · 2026-08-10
EX-99.1 2 shim-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Shimmick Corporation Announces Second Quarter 2026 Results Irvine, CA, August 10, 2026 - Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial results for the second quarter ended July 3, 2026. Highlights • Reported Q2 2026 revenue of $107 million, $96 million of which was driven by Shimmick Projects • Report…
Read attachment ↗shim-ex99_1.htm · 8-K · 2026-05-14
EX-99.1 2 shim-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Shimmick Corporation Announces First Quarter 2026 Results Irvine, CA, May 14, 2026 - Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial results for the first quarter ended April 3, 2026. Highlights • Reported Q1 2026 revenue of $88 million, all of which was driven by Shimmick Projects • Reported Q1 2026 gr…
Read attachment ↗shim-ex99_1.htm · 8-K · 2026-04-28
EX-99.1 3 shim-ex99_1.htm EX-99.1 EX-99.1 Shimmick Corporation Appoints Sarah Tacker as Executive Vice President and Chief Operating Officer Irvine, Calif., April 28, 2026 - Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a national leader in complex infrastructure solutions, today announced the appointment of Sarah Tacker as Executive Vice President and Chief Operating Officer effective April 28, 2026. In this role, Ms. Tacker will oversee Shimmick’s operational functions and will be r…
Read attachment ↗