Shimmick Corp
For the period ended Oct 3, 2025. Filed Nov 13, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 3, 2025 · Filed Nov 13, 2025
SHIM$2.33+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| October 3, | September 27, | October 3, | September 27, | |
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $141,920 | $166,035 | $392,432 | $376,684 |
| Cost of revenue | 131,131 | 153,846 | 368,818 | 411,485 |
| Gross margin | 10,789 | 12,189 | 23,614 | (34,801) |
| Selling, general and administrative expenses | 14,292 | 12,985 | 43,701 | 47,878 |
| ERP pre-implementation asset impairment and associated costs | — | 15,708 | — | 15,708 |
| Total operating expenses | 14,292 | 28,693 | 43,701 | 63,586 |
| Equity in earnings (loss) of unconsolidated joint ventures | 312 | 812 | 851 | (779) |
| Gain on sale of assets, net | 10 | 16,896 | 80 | 20,585 |
| (Loss) income from operations | (3,181) | 1,204 | (19,156) | (78,581) |
| Interest expense | 1,434 | 1,977 | 3,747 | 4,370 |
| Other (income) expense, net | (219) | 791 | (371) | 3,335 |
| Net loss before income tax | (4,396) | (1,564) | (22,532) | (86,286) |
| Income tax expense | — | — | — | — |
| Net loss | (4,396) | (1,564) | (22,532) | (86,286) |
| Net income attributable to non-controlling interests | — | — | 159 | — |
| Net loss attributable to Shimmick Corporation | $(4,396) | $(1,564) | $(22,691) | $(86,286) |
| Net loss attributable to Shimmick Corporation per common share | ||||
| Basic | $(0.12) | $(0.05) | $(0.65) | $(2.96) |
| Diluted | $(0.12) | $(0.05) | $(0.65) | $(2.96) |
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