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Companies / Industrials / Shimmick Corp
SHIM

Shimmick Corp

IndustrialsConstruction
Ticker SHIMIRVINE, CAFiscal year ends DecemberBook value per share $-1.34Diluted shares 37.5M

Shimmick Corporation (Nasdaq: SHIM) is an infrastructure construction company headquartered in California that delivers turnkey solutions for water infrastructure, climate resilience, transportation systems, and energy transition projects. The company's website is located at www.shimmick.com. From the company’s description.

Fiscal year 2026 · ends 12-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-07-03
Sales & profitability
$492.84M
+2.6% year over year
Last 12 mo $436.98M
-3.94%
+20.9 percentage points
Last 12 mo -1.92%
$-25.43M
+79.6% year over year
Last 12 mo $-16.53M
45.17%
−270.4 percentage points
Last 12 mo 33.09%
Cash & financing
$-65.11M
−206.3% year over year
Last 12 mo $-47.75M
$-71.48M
−125.2% year over year
Last 12 mo $-53.88M
-1.14
Was -0.27× a year earlier
Last 12 mo -1.44
34.6M
+13.6% year over year
Last 12 mo 37.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Shimmick Corp does

In the company’s own words

Shimmick Corporation (Nasdaq: SHIM) is an infrastructure construction company headquartered in California that delivers turnkey solutions for water infrastructure, climate resilience, transportation systems, and energy transition projects. The company's website is located at www.shimmick.com.

The company traces its construction heritage back over a century through legacy operations from Morrison Knudsen and Washington Group International, which were consolidated by AECOM in 2017. Shimmick became an independent company in 2021 following its sale by AECOM and completed its initial public offering in November 2023.

Shimmick's core business focuses on designing and constructing complex water and critical infrastructure projects. The company specializes in water treatment and resources, including wastewater recycling systems, desalination plants, dams, reservoirs, and water conveyance infrastructure. Beyond water, Shimmick serves other critical infrastructure markets including climate resilience projects such as levees and flood control systems, mass transit systems including light rail and bus rapid transit, and energy transition facilities. According to Engineering News Record, the company ranks nationally as a top fifteen builder in water supply, dams and reservoirs, and water treatment plants.

As of January 2, 2026, Shimmick maintained a backlog of approximately 793 million dollars, with the majority of projects located in California and ongoing work in six additional states. The company employed 971 people, comprising 381 staff and 590 craft workers. More than half of the company's 2025 revenue was generated in California, the largest construction market in the United States.

Shimmick operates as both prime contractor and subcontractor, with approximately 96 percent of current backlog representing prime contracts. The company self-performs many projects to control critical construction aspects and reduce cost and schedule risks. In June 2025, Shimmick launched Axia Electric LLC, a dedicated electrical subsidiary serving low and medium voltage markets with specialized electrical and power distribution solutions. The company's customers are predominantly public sector entities including federal agencies, municipal water districts, transit authorities, and public works departments, alongside private clients such as developers and utilities.

Company details
Sector
Industrials
Industry
Construction
Headquarters
IRVINE, CA
Fiscal year end
December
CIK
1887944
SIC
1600

Financial performance, year by year

Fiscal 2023–2026 · USD
$-200.50M$26.76M$254.03M$481.30M$708.56M202320252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Shimmick Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

23
funds hold it
0 of 35
superinvestors hold it
$3.18M
held by funds, at market
1.8%
of shares held by funds

Largest fund holders · Shimmick Corp’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.01%of fund net assets
0.07%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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