SHIMMICK CORPORATION Financials
SHIMMICK CORPORATION (SHIM) reported $492.8M in revenue for fiscal year 2026, up 2.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Income statement repair has not become cash repair, leaving the business dependent on external financing despite recovering gross margin.
After the prior year's margin collapse, gross margin recovery to6.8% and a much smaller net loss of-$25.6M still did not translate into cash conversion. Operating cash flow remained far weaker than accounting results, implying the turnaround is still being absorbed by working capital needs rather than arriving as usable cash.
The latest year showed a gross-profit rebound to
The balance-sheet posture became more strained as cash fell to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of SHIMMICK CORPORATION's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
SHIMMICK CORPORATION has an operating margin of -3.9%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 24/100. This is up from -24.9% the prior year.
SHIMMICK CORPORATION's revenue grew a modest 2.6% year-over-year to $492.8M. This slow but positive growth earns a score of 9/100.
SHIMMICK CORPORATION's current ratio of 0.89 is below the typical benchmark, resulting in a score of 15/100. This tight liquidity could limit financial flexibility if cash inflows slow.
SHIMMICK CORPORATION's operations used $65.1M of cash, and capex of $6.4M added to the outflow, for a free cash flow shortfall of $71.5M. This results in a cash flow score of 15/100.
SHIMMICK CORPORATION scores 1.56, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
SHIMMICK CORPORATION passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
SHIMMICK CORPORATION reported a net loss of $25.6M while operations used $65.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
SHIMMICK CORPORATION reported an operating loss of $19.4M against $6.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
SHIMMICK CORPORATION generated $492.8M in revenue in fiscal year 2026. This represents an increase of 2.6% from the prior year.
SHIMMICK CORPORATION's EBITDA was -$6.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 93.9% from the prior year.
SHIMMICK CORPORATION reported -$25.6M in net income in fiscal year 2026. This represents an increase of 79.5% from the prior year.
SHIMMICK CORPORATION earned -$0.74 per diluted share (EPS) in fiscal year 2026. This represents an increase of 82.0% from the prior year.
Cash & Balance Sheet
SHIMMICK CORPORATION recorded an outflow of $71.5M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents a decrease of 125.2% from the prior year.
SHIMMICK CORPORATION held $20.0M in cash against $60.3M in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
SHIMMICK CORPORATION's gross margin was 6.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 18.4 percentage points from the prior year.
SHIMMICK CORPORATION's operating margin was -3.9% in fiscal year 2026, reflecting core business profitability. This is up 20.9 percentage points from the prior year.
SHIMMICK CORPORATION's net profit margin was -5.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 20.8 percentage points from the prior year.
Not reported for fiscal year 2026.
Capital Allocation
SHIMMICK CORPORATION invested $6.4M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 39.2% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
SHIM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue | $437.0M | $492.8M+2.6% | $480.2M | $632.8M-4.7% | $664.2M |
| Cost of Revenue | $392.9M | $459.3M-14.3% | $535.9M | $610.4M-4.7% | $640.6M |
| Gross Profit | $44.1M | $33.6M+160.4% | -$55.6M | $22.4M-4.9% | $23.5M |
| SG&A Expenses | $55.6M | $54.6M-14.7% | $64.0M | $64.1M+6.1% | $60.4M |
| Operating Income | -$8.4M | -$19.4M+83.7% | -$119.3M | $435K-96.6% | $12.9M |
| Interest Expense | $8.6M | $6.7M+22.7% | $5.4M | $2.3M | N/A |
| Income Tax | $0 | $0+100.0% | -$963K | $0-100.0% | $1.3M |
| Net Income | -$16.7M | -$25.6M+79.5% | -$124.7M | -$2.5M-167.7% | $3.8M |
| EPS (Diluted) | — | -$0.74+82.0% | -$4.10 | -$0.11-164.7% | $0.17 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2026 through Q2 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
No annual filing on record for: FY2024.
SHIM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY23 | FY22 |
|---|---|---|---|---|
| Total Assets | $218.8M-6.5% | $233.9M | $426.7M-4.5% | $446.8M |
| Current Assets | $175.4M+24.4% | $141.0M | $257.5M+10.3% | $233.5M |
| Cash & Equivalents | $20.0M-40.8% | $33.7M | $62.9M-19.1% | $77.8M |
| Accounts Receivable | $30.2M-29.8% | $43.0M | $54.2M-4.0% | $56.4M |
| Total Liabilities | $275.4M+2.6% | $268.5M | $356.2M-9.9% | $395.2M |
| Current Liabilities | $196.1M-14.8% | $230.3M | $271.3M-20.4% | $340.9M |
| Long-Term Debt | $60.3M+536.4% | $9.5M | $29.6M | $0 |
| Total Equity | -$56.6M-63.4% | -$34.7M | $70.5M+36.6% | $51.6M |
| Retained Earnings | -$103.8M-32.7% | -$78.2M | $46.5M-5.2% | $49.1M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
No annual filing on record for: FY2024.
SHIM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$47.8M | -$65.1M-206.3% | -$21.3M | -$88.1M-2756.7% | -$3.1M |
| Capital Expenditures | $6.1M | $6.4M-39.2% | $10.5M | $7.0M-32.6% | $10.4M |
| Free Cash Flow | -$53.9M | -$71.5M-125.2% | -$31.7M | -$95.1M-603.3% | -$13.5M |
| Investing Cash Flow | $771K | $1.1M-92.5% | $15.0M | $22.1M+425.4% | $4.2M |
| Financing Cash Flow | $42.4M | $50.1M+328.6% | -$21.9M | $47.9M+5242.3% | -$931K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2026 through Q2 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
No annual filing on record for: FY2024.
SHIM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY23 | FY22 |
|---|---|---|---|---|
| Gross Margin | 6.8%+18.4pp | -11.6% | 3.5%0.0pp | 3.5% |
| Operating Margin | -3.9%+20.9pp | -24.9% | 0.1%-1.9pp | 1.9% |
| Net Margin | -5.2%+20.8pp | -26.0% | -0.4%-1.0pp | 0.6% |
| Return on Equity | N/A | N/A | -3.6%-10.9pp | 7.3% |
| Return on Assets | -11.7%+41.6pp | -53.3% | -0.6%-1.4pp | 0.8% |
| Current Ratio | 0.89+0.3x | 0.61 | 0.95+0.3x | 0.68 |
| Debt-to-Equity | N/A | N/A | 0.42+0.4x | 0.00 |
| FCF Margin | -14.5%-7.9pp | -6.6% | -15.0%-13.0pp | -2.0% |
No annual filing on record for: FY2024.
Note: Shareholder equity is negative (-$56.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.89), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where SHIMMICK CORPORATION Ranks
Frequently Asked Questions
What is SHIMMICK CORPORATION's annual revenue?
SHIMMICK CORPORATION (SHIM) reported $492.8M in total revenue for fiscal year 2026. This represents a 2.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is SHIMMICK CORPORATION's revenue growing?
SHIMMICK CORPORATION (SHIM) revenue grew by 2.6% year-over-year, from $480.2M to $492.8M in fiscal year 2026.
Is SHIMMICK CORPORATION profitable?
No, SHIMMICK CORPORATION (SHIM) reported a net income of -$25.6M in fiscal year 2026, with a net profit margin of -5.2%.
What is SHIMMICK CORPORATION's EBITDA?
SHIMMICK CORPORATION (SHIM) had EBITDA of -$6.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does SHIMMICK CORPORATION have?
As of fiscal year 2026, SHIMMICK CORPORATION (SHIM) had $20.0M in cash and equivalents against $60.3M in long-term debt.
What is SHIMMICK CORPORATION's gross margin?
SHIMMICK CORPORATION (SHIM) had a gross margin of 6.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is SHIMMICK CORPORATION's operating margin?
SHIMMICK CORPORATION (SHIM) had an operating margin of -3.9% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is SHIMMICK CORPORATION's net profit margin?
SHIMMICK CORPORATION (SHIM) had a net profit margin of -5.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is SHIMMICK CORPORATION's free cash flow?
SHIMMICK CORPORATION (SHIM) recorded an outflow of $71.5M in free cash flow during fiscal year 2026. This represents a -125.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is SHIMMICK CORPORATION's operating cash flow?
SHIMMICK CORPORATION (SHIM) recorded an outflow of $65.1M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are SHIMMICK CORPORATION's total assets?
SHIMMICK CORPORATION (SHIM) had $218.8M in total assets as of fiscal year 2026, including both current and long-term assets.
What are SHIMMICK CORPORATION's capital expenditures?
SHIMMICK CORPORATION (SHIM) invested $6.4M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is SHIMMICK CORPORATION's current ratio?
SHIMMICK CORPORATION (SHIM) had a current ratio of 0.89 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is SHIMMICK CORPORATION's return on assets (ROA)?
SHIMMICK CORPORATION (SHIM) had a return on assets of -11.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
How does SHIMMICK CORPORATION's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, SHIMMICK CORPORATION (SHIM) held $20.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $65.1M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is SHIMMICK CORPORATION's debt-to-equity ratio negative or not reported?
SHIMMICK CORPORATION (SHIM) has negative shareholder equity of -$56.6M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is SHIMMICK CORPORATION's Altman Z-Score?
SHIMMICK CORPORATION (SHIM) has an Altman Z-Score of 1.56, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is SHIMMICK CORPORATION's Piotroski F-Score?
SHIMMICK CORPORATION (SHIM) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SHIMMICK CORPORATION's earnings high quality?
SHIMMICK CORPORATION (SHIM) reported a net loss of $25.6M while operations used $65.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can SHIMMICK CORPORATION cover its interest payments?
SHIMMICK CORPORATION (SHIM) reported an operating loss of $19.4M against $6.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is SHIMMICK CORPORATION?
SHIMMICK CORPORATION (SHIM) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.