Shimmick Corporation (SHIM)

Shimmick Corp. completed its IPO in November 2023 and is listed on the Nasdaq Capital Market. As of April 10, 2026, the stock price was $3.94, with a market cap of $142 million, and a 52-week range between $1.30 and $4.47. On March 13, 2025, the company reported its fourth-quarter and fiscal year 2024 results, with revenue of $80 million, a decrease from the prior year due to weather and client-driven delays. The company also reported liquidity of $100 million and entered into a new credit agreement providing a total commitment of $15 million.

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Shimmick Corporation is an infrastructure construction contractor specializing in turnkey infrastructure solutions across the water, energy, climate resiliency, and sustainable transportation markets in the United States. The company provides services including expanding, rehabilitating, upgrading, building, and rebuilding critical infrastructure, with a focus on water treatment, water resources, climate resiliency, sustainable transportation, and energy transition & technology. Founded in 1990, the company became an independent entity in 2021 and completed its IPO in November 2023.

Shimmick Corp. primarily operates in the United States, delivering infrastructure solutions nationwide, with a strong focus on the Western U.S. The company is headquartered in Irvine, California.

Shimmick Corp. has a strong reputation for its expertise in design-build and public-private partnership projects, delivering complex infrastructure projects with a focus on safety, quality, and innovation. The company is nationally ranked by Engineering News Record in several categories and has a history of successfully completing complex infrastructure projects. In 2024-2025, the company underwent a financial pivot and announced a strategic pivot, concentrating its new backlog in water and wastewater infrastructure. Shimmick's innovations have contributed to its recognition, including being named ENR California Contractor of the Year.

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