---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-224012"
form_type: "8-K"
ticker: "SHIM"
cik: "0001887944"
company_name: "Shimmick Corp"
filed_at: "2026-05-14T20:09:22+00:00"
generated_at: "2026-05-14T20:57:48.901649+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shimmick Q1 revenue $88M, net loss narrows to $4M, backlog hits $944M, reaffirms FY guidance

## Summary
- Q1 revenue $88M (down from $122M YoY); net loss $4M vs $10M loss YoY; adjusted EBITDA $3M vs -$3M YoY
- Backlog $944M (highest since Q1 2024); book-to-burn ratio 2.6x; $289M in new awards in Q1
- Reaffirms FY2026 revenue guidance $550-$600M (12-22% growth) and adjusted EBITDA $15-$30M (350% growth at midpoint)
- Appointed Sarah Tacker as COO to reinforce disciplined execution during growth phase

## SEC filing metadata
- accession: 0001193125-26-224012
- form_type: 8-K
- ticker: SHIM
- cik: 0001887944
- company_name: Shimmick Corp
- filed_at: 2026-05-14T20:09:22+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1887944/000119312526224012/0001193125-26-224012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1887944/000119312526224012/shim-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-224012
- JSON: https://secwatch.observer/filing/0001193125-26-224012.json
- Plain text: https://secwatch.observer/filing/0001193125-26-224012.txt

## Key facts
- Earnings Releases
  Shimmick Corp reported first quarter ended April 3, 2026 results: revenue $88 million, net income $5 million net loss attributable to Shimmick Corporation, EPS $0.13 diluted loss per common share attributable to Shimmick Corporation.
  - Period: first quarter ended April 3, 2026
  - Revenue: $88 million
  - Net income: $5 million net loss attributable to Shimmick Corporation
  - EPS: $0.13 diluted loss per common share attributable to Shimmick Corporation
  - Result: reported results
  source text: and other critical infrastructure construction services, today announced financial results for the first quarter ended April 3, 2026. Highlights • Reported Q1 2026 revenue of $88 million, all of which was driven by Shimmick Projects • Reported Q1 2026 gross margin of $11 million, $10 million of which was driven by Shimmick Projects o Shimmick Projects Q1 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1887944/000119312526224012/0001193125-26-224012-index.htm

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