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AI brief of an SEC Form 8-K · Shimmick Corp (SHIM)

Shimmick Q2 net loss narrows to $5 million as revenue falls to $107 million

Mixed Impact 3 of 5 earnings Written later

Shimmick reported second-quarter 2026 revenue of $107 million, down from $128 million a year earlier, while its net loss narrowed to $5 million from $9 million and gross margin rose to $12 million from $8 million. The company updated its full-year 2026 revenue guidance to $525 million to $575 million and reaffirmed Adjusted EBITDA guidance of $15 million to $30 million, so shareholders see lower sales offset by a smaller loss.

Key points

  • Q2 2026 revenue was $107 million versus $128 million in Q2 2025; Shimmick Projects revenue was $96 million versus $113 million.
  • Net loss attributable to Shimmick was $5 million, or $(0.12) per diluted share, compared with $9 million, or $(0.25) per share, a year earlier.
  • Adjusted EBITDA was $4 million, compared with $(0.2) million in the prior-year quarter.
  • Full-year 2026 revenue guidance is now $525 million to $575 million; Adjusted EBITDA guidance of $15 million to $30 million was reaffirmed.

The filing

CompanyShimmick Corp (SHIM)
Form8-K, current report
Filed with the SECAug 10, 2026, 4:08 PM ET
Accession number0001193125-26-342368

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.