Earnings summaries and quarterly performance for Shimmick.
Executive leadership at Shimmick.
Board of directors at Shimmick.
Research analysts who have asked questions during Shimmick earnings calls.
Aaron Spychalla
Craig-Hallum Capital Group
4 questions for SHIM
Also covers: BW, BWMN, CECO +8 more
GS
Gerard Sweeney
ROTH Capital
2 questions for SHIM
Also covers: ALNT, ARQ, AVO +15 more
Gerry Sweeney
Roth Capital Partners, LLC
1 question for SHIM
Also covers: ALCO, AZZ, BOOM +8 more
JS
Jerry Sweeney
Roth MKM
1 question for SHIM
Recent press releases and 8-K filings for SHIM.
SHIM Announces Q3 2025 Results and Reaffirms Full-Year Guidance
SHIM
Earnings
Guidance Update
New Projects/Investments
- SHIM reported Q3 2025 revenue of $142 million, with $107 million generated from Shimmick Projects.
- The company achieved a gross margin of $11 million and its first positive Adjusted EBITDA in four quarters at $4 million for Q3 2025.
- Backlog grew to approximately $754 million as of October 3, 2025, supported by a 1.7x Book-to-Burn Ratio, which is the first time it has exceeded 1.0 since Q2 2023.
- SHIM reaffirmed its full-year 2025 guidance, projecting Shimmick Projects revenue between $405 million and $415 million and Consolidated Adjusted EBITDA between $5 million and $15 million.
Nov 13, 2025, 9:30 PM
Shimmick Reports Q3 2025 Results with Positive Adjusted EBITDA and Backlog Growth
SHIM
Earnings
Guidance Update
New Projects/Investments
- Shimmick reported Q3 2025 revenue of $142 million and achieved positive adjusted EBITDA of $4 million, marking its first positive adjusted EBITDA this year and since Q3 2024.
- The company's backlog grew by 15% sequentially to $754 million as of October 3, 2025, driven by a book-to-burn ratio of 1.7 in Q3 2025.
- Shimmick projects now constitute 86% of the total backlog and contributed $107 million to Q3 2025 revenue, a 6% year-over-year increase.
- For the full year 2025, Shimmick reaffirmed its guidance, expecting consolidated adjusted EBITDA between $5 million and $15 million (landing towards the lower end) and total revenue at the higher end of the provided range.
- The company ended Q3 2025 with $48 million in total liquidity and is strategically focusing on high-margin water and electrical projects, with a goal to achieve 50% negotiated work.
Nov 13, 2025, 9:30 PM
Shimmick Corporation Announces Third Quarter 2025 Results
SHIM
Earnings
Guidance Update
New Projects/Investments
- Shimmick Corporation reported total revenue of $142 million for Q3 2025, with Shimmick Projects revenue increasing 6% year over year to $107 million.
- The company achieved a gross margin of $11 million in Q3 2025, with Shimmick Projects gross margin up 67% year over year to $10 million.
- Shimmick reported a net loss of $4 million but achieved positive Adjusted EBITDA of $4 million, marking the first positive Adjusted EBITDA in four quarters.
- Backlog grew 15% quarter over quarter to approximately $754 million as of October 3, 2025, adding $190 million in new work and resulting in a 1.7x book-to-burn ratio.
- The company reaffirmed its full-year 2025 guidance, anticipating Shimmick Projects revenue between $405 million and $415 million and consolidated Adjusted EBITDA between $5 million and $15 million, with revenue expected at the higher end and Adjusted EBITDA at the lower end of the ranges.
Nov 13, 2025, 9:09 PM
Quarterly earnings call transcripts for Shimmick.
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