Shimmick Projects was Shimmick’s largest revenue line in fiscal 2026, bringing in $397.20M of $492.84M (81%).
| Project | FY 2022 | FY 2023 | FY 2025 | FY 2026 |
|---|---|---|---|---|
| Shimmick Projects | $386.49M | $355.68M | $397.20M | |
| Legacy Projects | $198.51M | — | — | |
| Non-Core Projects | — | $124.55M | $95.64M | |
| Foundations Projects | $47.81M | — | — | |
| Total | $632.81M | $480.24M | $492.84M |
Shimmick brought in $492.84M from its two revenue lines in fiscal 2026, the year ended January 2, 2026. That was up 2.6% from $480.24M in fiscal 2025. Shimmick Projects was the largest at $397.20M (80.6%), ahead of Non-Core Projects at $95.64M (19.4%).
Compared with fiscal 2025, Shimmick Projects grew 11.7% to $397.20M, while Non-Core Projects fell 23.2% to $95.64M.
Shimmick began breaking out Non-Core Projects in fiscal 2025, when it brought in $124.55M. Shimmick stopped reporting Legacy Projects ($198.51M in fiscal 2023) and Foundations Projects ($47.81M in fiscal 2023) as separate revenue lines.
Fixed-Price was Shimmick’s largest revenue line in fiscal 2026, bringing in $434.88M of $492.84M (88%).
| Contract with Customer, Basis of Pricing | FY 2022 | FY 2023 | FY 2025 | FY 2026 |
|---|---|---|---|---|
| Fixed-Price | $567.22M | $442.24M | $434.88M | |
| Cost Reimbursable | $57.06M | $36.07M | $56.77M | |
| Equipment & Labor Revenue | $8.52M | $1.92M | $1.19M | |
| Total | $632.81M | $480.24M | $492.84M |
Shimmick brought in $492.84M from its three revenue lines in fiscal 2026, the year ended January 2, 2026. That was up 2.6% from $480.24M in fiscal 2025. Fixed-Price was the largest at $434.88M (88.2%), ahead of Cost Reimbursable at $56.77M (11.5%) and Equipment & Labor Revenue at $1.19M (0.2%).
Compared with fiscal 2025, Cost Reimbursable grew 57.4% to $56.77M, while Fixed-Price fell 1.7% to $434.88M. From fiscal 2023 to 2026, combined revenue from these revenue lines fell from $632.81M to $492.84M, a compound annual decline of 8.0%. Fixed-Price's share of the total fell from 89.6% to 88.2%.
Shimmick (SHIM) reports its revenue by project and by contract with customer, basis of pricing. In fiscal 2026, Shimmick Projects was its largest revenue line, bringing in $397.20M (80.6% of the total), followed by Non-Core Projects at $95.64M (19.4%).
Shimmick Projects was Shimmick's largest revenue line in fiscal 2026, bringing in $397.20M, or 80.6% of the $492.84M total across its two revenue lines.
Shimmick Projects grew faster than Non-Core Projects in fiscal 2026, up 11.7% from $355.68M to $397.20M. Non-Core Projects fell 23.2% to $95.64M.
Every figure comes from Shimmick's annual financial filings, as reported. Each line keeps the name Shimmick gives it, and years follow its fiscal calendar.
Shimmick's revenue by project goes back to fiscal 2022, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.