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.)
- $125.2M
- Price
- $3.03
- % Change (Daily % change from the live per-ticker quote feed.)
- -4.72%
- Volume
- 34.3K
About
Shimmick Corp. is engaged in delivering infrastructure solutions that help critical markets across water, energy, climate resiliency, and sustainable transportation. It is involved in completing complex water and other critical infrastructure projects, ranging from advanced wastewater recycling and purification systems to dams, locks, and transit systems. The firm’s infrastructure projects are focused on water and wastewater treatment, water resources, and other critical infrastructure. The company was founded in 1990 and is headquartered in Irvine, CA.
Quick stats
Shares outstanding41.3M
Computed float12.7M
Float / shares30.8%
Cash runway (months)3.6
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-generated1/16
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