SHIM · Shimmick Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88.03M | $141.92M | $128.40M | $122.11M | $166.03M | $90.61M | $120.04M | - | $184.37M | - |
| Cost of Revenue | $77.14M | $131.13M | $120.27M | $117.41M | $153.85M | $155.65M | $135.90M | - | $158.44M | - |
| Gross Profit | $10.90M | $10.79M | $8.13M | $4.70M | $12.19M | ($457.0K) | $6.22M | - | $17.01M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $14.25M | $14.29M | $15.04M | $14.37M | $12.98M | $18.08M | $15.52M | - | $14.90M | - |
| Total Operating Expenses | $14.25M | $14.29M | $15.04M | $14.37M | $28.69M | $17.60M | $16.22M | - | $15.56M | - |
| D&A | $2.86M | $2.40M | $2.52M | $3.46M | $3.60M | $3.08M | $4.17M | - | $3.60M | - |
| Operating Income | ($2.32M) | ($3.18M) | ($7.09M) | ($8.88M) | $1.20M | ($47.99M) | ($31.79M) | - | $35.64M | - |
| Interest Expense | $2.18M | $1.43M | $1.31M | $1.00M | $412.0K | $1.50M | - | - | - | - |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | - | $0 | - |
| Net Income | ($4.55M) | ($4.40M) | ($8.53M) | ($9.77M) | ($1.56M) | ($51.39M) | ($33.33M) | - | $34.57M | - |
| EPS - Basic | ($0.13) | ($0.12) | ($0.25) | ($0.28) | ($0.05) | ($0.47) | ($0.43) | - | $1.58 | - |
| EPS - Diluted | ($0.13) | ($0.12) | ($0.25) | ($0.28) | ($0.05) | ($0.47) | ($1.30) | - | $1.58 | - |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.96M | $17.60M | $21.39M | $16.30M | $25.96M | $22.38M | $27.33M | $62.94M | $77.76M | $81.90M |
| Accounts Receivable | $23.94M | $41.78M | $46.54M | $45.99M | $53.52M | $48.52M | $49.70M | $54.18M | $68.44M | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $65.27M | $72.33M | $57.07M | $52.28M | $69.44M | $57.08M | $77.68M | $81.59M | $67.54M | - |
| Current Assets | $159.49M | $162.32M | $140.33M | $135.76M | $221.19M | $208.82M | $225.66M | $257.46M | $233.48M | - |
| Total Assets | $202.27M | $218.49M | $202.98M | $227.68M | $346.74M | $344.51M | $377.99M | $426.65M | $457.13M | - |
| Current Liabilities | $177.78M | $194.66M | $194.75M | $210.42M | $278.18M | $265.98M | $269.75M | $271.25M | $297.21M | - |
| Long-term Debt | $65.97M | $54.05M | $32.56M | $31.40M | $39.90M | $52.79M | $31.49M | $29.63M | $33.41M | - |
| Total Liabilities | $262.75M | $271.14M | $252.44M | $270.32M | $345.76M | $344.08M | $339.88M | $356.16M | $395.20M | - |
| Stockholders' Equity | ($60.48M) | ($52.66M) | ($49.46M) | ($42.64M) | $973.0K | $436.0K | $38.12M | $70.49M | $51.02M | - |
| Retained Earnings | ($108.35M) | ($100.90M) | ($96.51M) | ($87.98M) | ($39.75M) | ($38.19M) | $13.20M | $46.54M | $49.08M | - |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($7.53M) | - | - | ($38.18M) | - | - | ($26.15M) | - | - | - |
| Investing Cash Flow | ($599.0K) | - | - | ($438.0K) | - | - | ($2.11M) | - | - | - |
| Financing Cash Flow | $2.88M | - | - | $21.91M | - | - | $6.72M | - | - | - |
| CapEx | $599.0K | - | - | $545.0K | - | - | $2.47M | - | - | - |
| Free Cash Flow | ($8.13M) | - | - | ($38.73M) | - | - | ($28.62M) | - | - | - |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 12.4% | 7.6% | 6.3% | 3.8% | 7.3% | -0.5% | 5.2% | - | 9.2% | - |
| Operating margin | -2.6% | -2.2% | -5.5% | -7.3% | 0.7% | -53.0% | -26.5% | - | 19.3% | - |
| EBITDA margin | 0.6% | -0.6% | -3.6% | -4.4% | 2.9% | -49.6% | -23.0% | - | 21.3% | - |
| Net margin | -5.2% | -3.1% | -6.6% | -8.0% | -0.9% | -56.7% | -27.8% | - | 18.7% | - |
| Free cash flow margin | -9.2% | - | - | -31.7% | - | - | -23.8% | - | - | - |
| FCF / Net income | 1.79 | - | - | 3.96 | - | - | 0.86 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 16.2% | 10.1% | 11.7% | 11.8% | 7.8% | 20.0% | 12.9% | - | 8.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | 0.0% | - |
| Return on assets | -2.3% | -2.0% | -4.2% | -4.3% | -0.5% | -14.9% | -8.8% | - | 7.6% | - |
| Return on equity | 7.5% | 8.3% | 17.2% | 22.9% | -160.7% | -11786.5% | -87.4% | - | 67.8% | - |
| Return on invested capital | -33.3% | -180.3% | - | - | 2.3% | -71.2% | -36.1% | - | 42.2% | - |
| Liquidity | ||||||||||
| Current ratio | 0.90 | 0.83 | 0.72 | 0.65 | 0.80 | 0.79 | 0.84 | 0.95 | 0.79 | - |
| Quick ratio | 0.90 | 0.83 | 0.72 | 0.65 | 0.80 | 0.79 | 0.84 | 0.95 | 0.79 | - |
| Cash ratio | 0.08 | 0.09 | 0.11 | 0.08 | 0.09 | 0.08 | 0.10 | 0.23 | 0.26 | - |
| Leverage | ||||||||||
| Debt / Equity | -1.09 | -1.03 | -0.66 | -0.74 | 41.01 | 121.08 | 0.83 | 0.42 | 0.65 | - |
| Debt / Assets | 0.33 | 0.25 | 0.16 | 0.14 | 0.12 | 0.15 | 0.08 | 0.07 | 0.07 | - |
| Debt / EBITDA | 122.17 | - | - | - | 8.30 | - | - | - | 0.85 | - |
| Interest coverage | -1.1x | -2.2x | -5.4x | -8.9x | 2.9x | -32.1x | - | - | - | - |
| Equity multiplier | -3.34 | -4.15 | -4.10 | -5.34 | 356.36 | 790.17 | 9.92 | 6.05 | 8.96 | - |
| Liabilities / Assets | 1.30 | 1.24 | 1.24 | 1.19 | 1.00 | 1.00 | 0.90 | 0.83 | 0.86 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.44 | 0.65 | 0.63 | 0.54 | 0.48 | 0.26 | 0.32 | - | 0.40 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 99d | 107d | 132d | 137d | 118d | 195d | 151d | - | 135d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 309d | 201d | 173d | 163d | 165d | 134d | 209d | - | 156d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | 0.1x | 0.1x | 0.0x | - | - | - |
| P / S | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x | - | - | - |
| EV / EBITDA | 94.7x | - | - | - | 2.9x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -27.9% | - | - | 1.7% | -9.9% | - | - | - | - | - |
| Revenue CAGR (3y) | - | -8.4% | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 132.1% | - | - | -24.5% | -28.4% | - | - | - | - | - |
| Operating income growth (YoY) | 73.9% | - | - | 72.1% | -96.6% | - | - | - | - | - |
| Net income growth (YoY) | 53.4% | - | - | 70.7% | - | - | - | - | - | - |
| EPS growth (YoY) | 53.6% | - | - | 78.5% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 79.0% | - | - | -35.3% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -41.8% | - | - | - | -98.1% | - | - | - | - | - |
Peer comparison
Same SIC group: Heavy Construction Other Than Bldg Const - Contractors
Comparing Shimmick Corp against the 5 most active filers in the same SIC group.