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Stock impact report

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2025 Results

Shimmick Corporation (SHIM) 
Company Research Source: GlobeNewswire
IRVINE, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial results for the fourth quarter and fiscal year ended January 2, 2026. Highlights Reported revenue of $100 million, which includes $84 million of Shimmick Projects revenue, for Q4 2025, and revenue of $493 million, which includes $397 million of Shimmick Projects revenue, for FY2025 Shimmick Projects Q4 2025 revenue up 4% year over yearShimmick Projects FY2025 revenue up 12% year over year Reported Q4 2025 gross margin of $10 million, all of which was driven by Shimmick Projects Shimmick Projects Q4 2025 gross margin up 462% year over yearShimmick Projects FY2025 gross margin up 232% year over year Recognized a Q4 2025 net loss of $3 million, largely attributable to Non-Core ProjectsReported Q4 2025 Adjusted EBITDA of $4 million, our second con Show less Read more
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