secwatch.observer — SEC 8-K summary
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Issuer:     Shimmick Corp (SHIM)
CIK:        0001887944
Form:       8-K
Filed at:   2026-08-10T20:08:55+00:00
Accession:  0001193125-26-342368
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shimmick Q2 2026: Revenue $107M, Adjusted EBITDA $4M, Record Backlog $991M
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- Q2 2026 revenue $107M vs $128M YoY; net loss narrowed $4M to $5M; EPS loss $0.12 vs $0.25.
- Adjusted EBITDA $4M, fourth consecutive positive quarter; adjusted net loss $1M vs $5M YoY.
- Backlog ~$991M, highest since Q1 2024; book-to-burn 1.4x; $138M new work booked, $221M pending awards.
- FY2026 revenue guidance updated to $525-575M (~12% YoY growth); reaffirms Adjusted EBITDA $15-30M (350% growth at midpoint).
- Liquidity $33M; Shimmick Projects now over 97% of backlog; gross margin up 53% sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1887944/000119312526342368/0001193125-26-342368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1887944/000119312526342368/shim-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-342368

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer