Filing Flows › Shimmick (SHIM) › Q2 2025
Shimmick (SHIM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Shimmick (SHIM) reported revenue of $128M for the second quarter 2025 (Q2 2025), +42% from a year earlier and +5% from the quarter before. Operating margin was -5.5%, net loss $8.4M (6.5% of revenue).
Shimmick, Q2 2025: revenue $128M (+42% year over year), operating margin -5.5%, net loss $8.4M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $128M | +5% | +42% |
| Operating profit | −$7.1M | — | — |
| Net earnings | −$8.4M | — | — |
| Operating cash flow | −$3.8M | — | — |
What changed
Revenue was $128.4M in Q2 2025, up 42% year over year and up 5% from the previous quarter.
Gross margin was 6.3%. Operating costs exceeded revenue by $7.1M, an operating margin of -5.5%. The quarter ended with a net loss of $8.4M, narrower than the previous quarter's $9.8M loss.
Operating cash flow was −$3.8M. Non-cash charges added back $3.2M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $214K. Capital expenditures of $347K exceeded it, leaving free cash flow of −$4.2M.
Questions
What was Shimmick's revenue in the second quarter 2025?
Shimmick (SHIM) reported revenue of $128M for the second quarter 2025 (Q2 2025), +42% from a year earlier and +5% from the quarter before.
Was Shimmick profitable in the second quarter 2025?
Operating loss was $7.1M (-5.5% of revenue) and net loss $8.4M.
Source: Shimmick 10-Q on SEC EDGAR.