---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-038729"
form_type: "8-K"
ticker: "SHIM"
cik: "0001887944"
company_name: "Shimmick Corp"
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T21:37:29.651810+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shimmick Q4 net loss widens to $38M; FY2025 Adj EBITDA guided $15-25M

## Summary
- Q4 revenue $104M (down 25% YoY); net loss $38M vs $17M loss a year ago; Adjusted EBITDA -$27M.
- FY2024 revenue $480M (down 24%); net loss $125M; backlog $822M with 87% Shimmick Projects.
- Legacy Projects gross margin -69% in Q4 (vs -17% prior year); Foundations -189%.
- FY2025 guidance: Shimmick Projects rev +10-15% with gross margin 9-12%; Adj EBITDA $15-25M.
- New $15M credit facility replaces MidCap revolver; liquidity $100M as of Jan 3, 2025.

## SEC filing metadata
- accession: 0000950170-25-038729
- form_type: 8-K
- ticker: SHIM
- cik: 0001887944
- company_name: Shimmick Corp
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1887944/000095017025038729/0000950170-25-038729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1887944/000095017025038729/shim-20250313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-038729
- JSON: https://secwatch.observer/filing/0000950170-25-038729.json
- Plain text: https://secwatch.observer/filing/0000950170-25-038729.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.