Shimmick Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $155.4M
- Price
- $3.76
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.34%
- Volume
- 35.6K
About
Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, dam, levee, flood control system, pump station, and coastal protection infrastructure; and mass transit, bridge, and military infrastructure projects. It serves federal, state, and local governments. The company was formerly known as SCCI National Holdings, Inc. and changed its name to Shimmick Corporation in September 2023. Shimmick Corporation was founded in 1990 and is headquartered in Irvine, California. Shimmick Corporation operates as a subsidiary of GOHO, LLC.
Quick stats
Shares outstanding41.3M
Computed float3.6M
Float / shares8.7%
Cash runway (months)-0.2
Key info
SectorIndustrials
IndustryEngineering & Construction
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001887944
Websitehttps://www.shimmick.com
AI Summary
AI-generated1/19
majorbullishearnings
Shimmick Corporation Announces Second Quarter 2026 Results
Shimmick reported Q2 2026 revenue of $107 million and Adjusted EBITDA of $4 million, marking the fourth consecutive quarter of positive Adjusted EBITDA.
The company achieved a record backlog of $991 million and a book-to-burn ratio of 1.4x, booking $138 million in new work during the quarter.
Management raised full-year 2026 revenue guidance to $525M-$575M, representing 12% growth year-over-year at the midpoint, while reaffirming Adjusted EBITDA guidance of $15M-$30M.
Red flags
- Selling, general and administrative expenses increased due to increases in legal costs
- Non-Core Loss Projects may incur additional costs associated with completion
- Reported net loss of $5 million for the quarter