SHIM
Shimmick Corporation2.9250
+0.3250+12.5%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
104.76MP/E (TTM)
-Basic EPS (TTM)
-1.79Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
ATM stock offering launched
Shimmick Corporation inked an at-the-market offering agreement with Roth Capital Partners on September 8, 2025, authorizing up to $7.8 million in common stock sales via Nasdaq. This flexible setup lets the company tap fresh capital opportunistically, with Roth earning a 3% commission on proceeds. No sales are guaranteed. Dilution looms if shares flood the market.
8-K
Q2 revenue jumps 42%
Shimmick Corporation reported Q2 2025 revenue of $128 million, surging 42% year-over-year, driven by $113 million from core Shimmick Projects that delivered a robust $15 million gross margin. While Non-Core Projects dragged with a $7 million loss, overall gross margin flipped to $8 million from last year's $31 million deficit, and liquidity held at $73 million. Backlog stands at $652 million, bolstered by $70 million in July awards. Shimmick launched Axia Electric to target electrical growth, yet Non-Core wind-downs pose ongoing risks. Guidance now eyes $5-15 million Adjusted EBITDA for 2025.
10-Q
Q2 FY2026 results
Shimmick's Q2 revenue climbed 42% year-over-year to $128.4M, fueled by Shimmick Projects in water and infrastructure that delivered a 13% gross margin, while Non-Core Projects narrowed losses to $(6.8)M from $(35.7)M. Gross margin swung to positive 6.3% from a 34.4% loss, though operating loss held at $(7.1)M amid $15.0M SG&A; diluted EPS improved to $(0.25) from $(1.83), consistent with 34.6M weighted shares and no dilution. Cash dipped to $21.4M with $36.4M total debt across facilities maturing 2028-2031, yet $73M liquidity supports the $652M backlog. Free cash flow not disclosed in the 10-Q. Non-GAAP metrics like Adjusted EBITDA are defined and reconciled. Marketplace competition tempers new bids.
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