Shimmick Corp (SHIM) FinancialsSHIMShimmick Corp

Shimmick Corp (SHIM) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Fixed-price, accounting for 94.7% of total sales, equivalent to $134.34M. Other significant revenue streams include Cost reimbursable and Equipment and labor revenue. Understanding this composition is critical for investors evaluating how SHIM navigates market cycles within the Construction & Engineering industry.

Evaluating the bottom line, Shimmick Corp maintains a gross margin of 11.72%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -3.47%, while the net margin is -4.51%. These profitability ratios, combined with a Return on Equity (ROE) of N/A, provide a clear picture of how effectively SHIM converts its operational activities into shareholder value.

In the context of the broader market, SHIM competes directly with industry leaders such as VATE and SPWR. With a market capitalization of $94.67M, it holds a leading position in the sector. When comparing efficiency, SHIM's gross margin of 11.72% stands against VATE's 18.03% and SPWR's 45.50%. Such benchmarking helps identify whether Shimmick Corp is trading at a premium or discount relative to its financial performance.

Shimmick Corp's revenue for Q2 2026 was $107 million, with a gross margin of 12.41%, indicating a recovery in profitability. The company also reported a backlog of $991 million, the highest in two years, which supports future revenue growth.