Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Shimmick Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2023
FY2025
FY2025
Revenue
664
633
480
493
Cost of revenue
641
610
536
459
Gross profit
23.5
22.4
-55.6
33.6
Selling, general and administrative
60.4
64.1
64
54.6
Operating expenses
63.1
64.1
79.7
54.6
Operating income
12.9
0.44
-119
-19.4
Interest expense
2.28
5.43
6.66
Other non-operating income
-8.73
-0.44
-0.96
0.64
Pre-tax income
4.18
-2.29
-126
-25.4
Income tax
1.27
0
-0.96
0
Net income to minority interests
-0.85
0.26
0
0.16
Net income
3.76
-2.55
-125
-25.6
EBITDA
28.9
17.6
-104
-6.4
EPS, basic
0.17
-0.11
-4.10
-0.74
EPS, diluted
0.17
-0.11
-4.10
-0.74
Shares, basic (weighted)
0.02
0.02
0.03
0.03
Shares, diluted (weighted)
0.02
0.02
0.03
0.03
Balance sheet
FY2023
FY2023
FY2025
FY2025
Cash and equivalents
77.8
62.9
33.7
20
Receivables
56.4
54.2
43
30.2
Other current assets
14.1
13.4
15.6
13.1
Total current assets
233
257
141
175
Property, plant and equipment
55.2
46.4
19.1
10.6
Lease right-of-use assets
21.8
23.6
24.2
15.3
Intangible assets
12
9.24
6.67
4.09
Other non-current assets
3.14
2.87
0.3
0.39
Total assets
447
427
234
219
Accounts payable
67.5
81.6
46.5
69.5
Accrued liabilities
60.8
33.9
38.6
34.2
Deferred revenue
164
116
103
53.8
Short-term debt
0
0
4.14
Total current liabilities
341
271
230
196
Long-term debt
0
29.6
9.48
60.3
Lease liabilities
13.9
15
16
11
Other non-current liabilities
3.46
4.28
8.01
1.4
Total liabilities
395
356
269
275
Total debt
0
29.6
9.48
64.5
Paid-in capital
3.34
24.4
43.4
46.8
Retained earnings
49.1
46.5
-78.2
-104
Minority interests
-1.05
-0.75
-0.16
0
Total equity
51.6
70.5
-34.7
-56.6
Total liabilities and equity
447
427
234
219
Shares outstanding
21.9
25.5
34.3
36
Cash flow statement
FY2023
FY2023
FY2025
FY2025
Net income
2.91
-2.29
-125
-25.4
Depreciation and amortization
16
17.1
15.1
13
Stock-based compensation
2.3
2.06
6.13
5.24
Deferred income tax
0
0
0
0
Change in receivables
41.6
2.25
11.2
12.8
Change in payables
10.4
13.7
-35.1
23.1
Cash from operations
-3.08
-88.1
-21.3
-65.1
Capital expenditures
-10.4
-7.04
-10.5
-6.37
Cash from investing
4.2
22.1
15
1.12
Cash from financing
-0.93
47.9
-21.9
50.1
Net change in cash
0.18
-18.2
-28.1
-13.9
Free cash flow
-13.5
-95.1
-31.7
-71.5
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to July 3, 2026; growth uses fiscal years. Valuation uses the share price of $3.16 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
10.1%
Gross profit / revenue.
Operating margin
-1.9%
Operating income / revenue.
EBITDA margin
0.5%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-3.8%
Pre-tax income / revenue.
Net margin
-3.8%
Net income / revenue.
FCF margin
-12.3%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-10.9%
Cash from operations / revenue.
Return on assets (ROA)
-7.4%
Net income / average total assets.
SG&A / revenue
12.7%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
0.8%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
1.4%
Capital expenditures / revenue.
D&A / revenue
2.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
2.6%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-9.5%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 3y
12.6%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-6.5%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-21.2%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
14.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
16.6%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.00x
Current assets / current liabilities.
Quick ratio
0.26x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.09x
(Cash + short-term investments) / current liabilities.
Debt / assets
32.2%
Total debt / total assets.
Liabilities / assets
122.4%
Total liabilities / total assets.
Net debt
$55.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
26.1x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage
-0.98x
Operating income / interest expense.
Working capital
$179.0K
Current assets - current liabilities.
Goodwill and intangibles / assets
1.2%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
1.94x
Revenue / average total assets.
Fixed asset turnover
64.8x
Revenue / average property, plant and equipment.
Receivables turnover
14.0x
Revenue / average receivables.
Days sales outstanding
26 days
365 x average receivables / revenue.
Days payables
65 days
365 x average accounts payable / cost of revenue.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$432.41
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Market cap + total debt - cash - short-term investments.
P/S
0.30x
Market cap / revenue.
EV/Sales
0.43x
Enterprise value / revenue.
EV/EBITDA
87.3x
Enterprise value / EBITDA, when both are positive.
FCF yield
-41.3%
Free cash flow / market cap.
Earnings yield
-12.8%
Net income / market cap (the inverse of P/E).
What was Shimmick Corp's revenue in fiscal 2025?
Shimmick Corp reported revenue of $492.8M for fiscal 2025, 2.6% higher than the year before.
Was Shimmick Corp profitable in fiscal 2025?
No. It reported a net loss of $25.6M.
How much free cash flow did Shimmick Corp generate in fiscal 2025?
Cash from operations of $65.1M minus capital expenditures of $6.4M left free cash flow of -$71.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.