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Contract Assets at other companies

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$807.47M-14.8%
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Granite ConstructionGVA
$283.98M+3.4%
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FluorFLR
$1.23B-6.0%
Cardinal Infrastructure Group, Inc.
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Cardinal Infrastructure Group, Inc. CDNL
$85.24M
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PentairPNR

Other financials

Income statement

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Revenue$88.0M-27.9%
Gross profit$10.9M+132%
Operating income-$2.3M+73.9%
Net income-$4.6M+53.4%
EPS (diluted)-$0.13+53.6%

Balance sheet

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Cash & equivalents$15.0M-8.2%
Total debt$86.2M+58.7%
Total assets$202.3M-11.2%

Cash flow

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Operating cash flow-$7.5M+80.3%
CapEx$599.0K+9.9%
Free cash flow-$8.1M+79.0%

Valuation

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Market cap$163.94M+176%
Enterprise value$235.15M+145%
P/S0.4×+0.2×

Profitability

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Gross margin8.7%+6.0pp
Operating margin-2.8%-1.3pp
Net margin-4.4%-2.0pp
FCF margin-8.9%

Returns & leverage

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Current ratio0.9×+0.3×

Where this comes from

Reported directly by Shimmick Corporation in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Shimmick Corporation’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shimmick Corporation's contract assets?
Shimmick Corporation (SHIM) reported contract assets of $106.16M in Q1 2026.
How has Shimmick Corporation's contract assets changed year-over-year?
Shimmick Corporation's contract assets increased by 76.6% year-over-year, from $60.11M to $106.16M.
What is the long-term trend for Shimmick Corporation's contract assets?
Over 3 years (2022 to 2025), Shimmick Corporation's contract assets has grown at a 10.9% compound annual growth rate (CAGR), from $80.9M to $110.28M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.