Q2 FY2026 EarningsQ2 FY26 results missed revenue consensus significantly ($106.6M vs. $121.9M expected), primarily due to the wind-down of Non-Core projects and decreased activity on existing contracts. However, profitability metrics were better than feared, with a GAAP EPS loss of -$0.12 vs. -$0.06 expected, but a significant beat on Adjusted EBITDA ($4.4M). Gross margin of 11.7% exceeded the 10.75% consensus due to a mix shift toward higher-margin Shimmick Projects and favorable settlements in the Non-Core segment.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Shimmick(SHIM) the Revenue is 106.62 M (-16.97%), Miss estimate;the EBIT is -2.654 M (+62.59%), Miss estimate;the EPS is -0.12 (+52%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.11B16.97%
0.12B5.10%
-0.02B11.87%
EBITMiss expectations
-0.00B62.59%
-0.00B94.36%
-0.00B31.77%
EPSMiss expectations
-0.1252.00%
-0.0676.00%
-0.060024.00%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf