# Shimmick Corporation (SHIM)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $123,085.8  
**Price:** $3.54 (+1.14%)

> Shimmick Corporation is a leading provider of turnkey infrastructure solutions specializing in water, energy, climate resilience, and transportation markets across the United States. The company delivers comprehensive services including expanding, rehabilitating, upgrading, building, and rebuilding water and wastewater treatment infrastructure such as desalination plants, as well as constructing dams, reservoirs, water conveyance and storage systems, flood control, pump stations, and coastal protection. Shimmick also implements cleantech treatment technologies like ozonation, biological activated carbon, membrane filtration, reverse osmosis, chemical treatment, and oxidation. Additionally, it builds, retrofits, expands, rehabilitates, operates, and maintains critical infrastructure encompassing mass transit, bridges, military facilities, and sustainable transit systems. Through its subsidiary Axia Electric LLC, Shimmick offers specialized electrical services for infrastructure projects. Serving public sector entities, federal agencies, municipal districts, transit authorities, public works departments, and private clients including developers and utilities, Shimmick emphasizes safety, quality, innovation, and collaborative delivery methods. Founded in 1990 and headquartered in Irvine, California, the company ranks among ENR's top contractors in water supply, dams, and treatment facilities.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $493M | $34M | -$19M | -$26M | $-0.74 |
| 2025 | $480M | -$56M | -$119M | -$125M | $-4.10 |
| 2023 | $633M | $22M | $435,000 | -$3M | $-0.11 |
| 2022 | $664M | $24M | $13M | $4M | $0.17 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $219M | $275M | -$57M | $20M | $64M |
| 2025 | $234M | $269M | -$35M | $34M | $9M |
| 2023 | $427M | $356M | $70M | $63M | $30M |
| 2022 | $447M | $395M | $52M | $78M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | -$65M | $6M | -$71M |
| 2025 | -$21M | $10M | -$32M |
| 2023 | -$88M | $7M | -$95M |
| 2022 | -$3M | $10M | -$14M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SHIM)