Filing Flows › Shimmick (SHIM) › Q2 2026
Shimmick (SHIM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Shimmick (SHIM) reported revenue of $107M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +21% from the quarter before. Operating margin was -2.5%, net loss $4.8M (4.5% of revenue).
Shimmick, Q2 2026: revenue $107M (-17% year over year), operating margin -2.5%, net loss $4.8M, operating cash flow −$17.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $107M | +21% | -17% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | −$17.1M | — | — |
What changed
Revenue was $106.6M in Q2 2026, down 17% year over year and up 21% from the previous quarter.
Gross margin was 11.7%, up 5.4 points from Q2 2025. Operating costs exceeded revenue by $2.7M, an operating margin of -2.5%. Operating expenses fell 1% while revenue fell 17%. The quarter ended with a net loss of $4.8M, wider than the previous quarter's $4.4M loss.
Operating cash flow was −$17.1M. Non-cash charges added back $2.9M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $16.4M. Capital expenditures of $53K exceeded it, leaving free cash flow of −$17.1M.
Questions
What was Shimmick's revenue in the second quarter 2026?
Shimmick (SHIM) reported revenue of $107M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +21% from the quarter before.
Was Shimmick profitable in the second quarter 2026?
Operating loss was $2.7M (-2.5% of revenue) and net loss $4.8M.
Source: Shimmick 10-Q on SEC EDGAR.