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Shimmick Corp (SHIM) Fundamental Analysis & AI Grade 2026

SHIM Nasdaq Heavy Construction Other Than Bldg Const - Contractors DE CIK: 0001887944
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-04-03
Combined AI Grade
D
88% Confidence
N/A
D
88% Conf
Pending
Analysis scheduled

📊 SHIM Key Takeaways

Revenue: $88.0M
Net Margin: -5.2%
Free Cash Flow: $-8.1M
Current Ratio: 0.90x
Debt/Equity: N/A
EPS: $-0.13
AI Grade: D with 88% confidence
Shimmick Corp (SHIM) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $88.0M, net profit margin of -5.2%, Shimmick Corp demonstrates mixed fundamentals in the Industrial sector. Below is our complete SHIM stock analysis for 2026.

Is Shimmick Corp (SHIM) a Good Investment?

Claude

Shimmick Corp exhibits critical financial distress with negative stockholders' equity of -$60.5M (technical insolvency), negative operating cash flow of -$7.5M, and a current ratio of 0.90x indicating inability to cover short-term obligations. The company is unprofitable at all levels with -$4.6M net income, burning cash while carrying $68.7M in long-term debt that cannot be serviced from negative operations.

Shimmick Corp Key Strengths (SHIM)

Claude
  • + Maintains $15.0M cash reserves providing temporary liquidity buffer
  • + Revenue growing 2.6% YoY despite profitability challenges
  • + Modest insider trading activity (3 Form 4 filings in 90 days) suggests some management confidence

SHIM Stock Risks: Shimmick Corp Investment Risks

Claude
  • ! Technical insolvency with negative equity of -$60.5M; liabilities exceed assets by significant margin
  • ! Liquidity crisis with current ratio of 0.90x; insufficient current assets to cover current liabilities
  • ! Severe operational losses with -$2.3M operating income and -$7.5M operating cash flow indicates structural unprofitability
  • ! Negative free cash flow of -$8.1M with unsustainable cash burn rate
  • ! Heavy debt burden of $68.7M with negative interest coverage of -1.1x; unable to service debt from operations
  • ! Critically low gross margin of 12.4% in construction industry limits recovery potential and pricing power
  • ! Imminent default and restructuring/bankruptcy risk without significant operational turnaround

Key Metrics to Watch

Claude
  • * Operating cash flow trend and return to positive territory
  • * Stockholders' equity trajectory and path to positive equity
  • * Current ratio sustainability and working capital management
  • * Gross margin expansion and operational leverage improvement
  • * Debt refinancing ability and default covenant compliance
  • * Revenue sustainability and contract backlog quality

Shimmick Corp (SHIM) Financial Metrics & Key Ratios

Revenue
$88.0M
Net Income
$-4.6M
EPS (Diluted)
$-0.13
Free Cash Flow
$-8.1M
Total Assets
$202.3M
Cash Position
$15.0M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

SHIM Profit Margin, ROE & Profitability Analysis

Gross Margin 12.4%
Operating Margin -2.6%
Net Margin -5.2%
ROE N/A
ROA -2.3%
FCF Margin -9.2%

SHIM vs Industrial Sector: How Shimmick Corp Compares

How Shimmick Corp compares to Industrial sector averages

Net Margin
SHIM -5.2%
vs
Sector Avg 10.0%
SHIM Sector
ROE
SHIM 0.0%
vs
Sector Avg 15.0%
SHIM Sector
Current Ratio
SHIM 0.9x
vs
Sector Avg 1.8x
SHIM Sector
Debt/Equity
SHIM 0.0x
vs
Sector Avg 0.7x
SHIM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Shimmick Corp Stock Overvalued? SHIM Valuation Analysis 2026

Based on fundamental analysis, Shimmick Corp has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-5.2%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Shimmick Corp Balance Sheet: SHIM Debt, Cash & Liquidity

Current Ratio
0.90x
Quick Ratio
0.90x
Debt/Equity
N/A
Debt/Assets
129.9%
Interest Coverage
-1.06x
Long-term Debt
$68.7M

SHIM Revenue & Earnings Growth: 5-Year Financial Trend

SHIM 5-year financial data: Year 2023: Revenue $664.2M, Net Income $3.8M, EPS $0.17. Year 2025: Revenue $632.8M, Net Income -$2.5M, EPS $-0.11.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Shimmick Corp's revenue has remained relatively flat over the 5-year period, with a 5% decline. The most recent EPS of $-0.11 indicates the company is currently unprofitable.

SHIM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.2%
Free cash flow / Revenue

SHIM Quarterly Earnings & Performance

Quarterly financial performance data for Shimmick Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $141.9M -$1.6M $-0.05
Q2 2026 $90.6M -$8.5M $-0.25
Q1 2026 $88.0M -$4.6M $-0.13
Q1 2025 $120.0M -$9.8M $-0.28
Q3 2024 $166.0M -$1.6M $-0.05
Q2 2024 $90.6M -$10.3M $-0.47
Q1 2024 $120.0M -$9.3M $-0.43
Q3 2023 $175.4M $14.9M $0.68

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Shimmick Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$7.5M
Cash generated from operations
Capital Expenditures
$599.0K
Investment in assets
Dividends
None
No dividend program

SHIM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Shimmick Corp (CIK: 0001887944)

📋 Recent SEC Filings

Date Form Document Action
May 26, 2026 8-K d129979d8k.htm View →
May 15, 2026 10-Q shim-20260403.htm View →
May 14, 2026 8-K shim-20260514.htm View →
Apr 30, 2026 4 xslF345X06/ownership.xml View →
Apr 28, 2026 8-K shim-20260428.htm View →

Frequently Asked Questions about SHIM

What is the AI rating for SHIM?

Shimmick Corp (SHIM) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SHIM's key strengths?

Claude: Maintains $15.0M cash reserves providing temporary liquidity buffer. Revenue growing 2.6% YoY despite profitability challenges.

What are the risks of investing in SHIM?

Claude: Technical insolvency with negative equity of -$60.5M; liabilities exceed assets by significant margin. Liquidity crisis with current ratio of 0.90x; insufficient current assets to cover current liabilities.

What is SHIM's revenue and growth?

Shimmick Corp reported revenue of $88.0M.

Does SHIM pay dividends?

Shimmick Corp does not currently pay dividends.

Where can I find SHIM SEC filings?

Official SEC filings for Shimmick Corp (CIK: 0001887944) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SHIM's EPS?

Shimmick Corp has a diluted EPS of $-0.13.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SHIM's fundamental grade?

Based on our AI fundamental analysis in May 2026, Shimmick Corp has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SHIM stock overvalued or undervalued?

Valuation metrics for SHIM: ROE of N/A (sector avg: 15%), net margin of -5.2% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is SHIM's AI grade for 2026?

Our dual AI analysis gives Shimmick Corp a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SHIM's free cash flow?

Shimmick Corp's operating cash flow is $-7.5M, with capital expenditures of $599.0K. FCF margin is -9.2%.

How does SHIM compare to other Industrial stocks?

Vs Industrial sector averages: Net margin -5.2% (avg: 10%), ROE N/A (avg: 15%), current ratio 0.90 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-04-03 | Powered by Claude AI