EPISODE · Aug 18, 2026 · 2 MIN
Shimmick Surges with Strong Backlog | Business and Finance News
from Business & Finance News Today | 2 Min News | The Daily News Now!
Shimmick’s Q2 2026 earnings show strong momentum: $107M in revenue, 12% gross margins, and $4M in adjusted EBITDA. Backlog hits a two-year high at $991M, fueled by $138M in new work and an additional $221M in awards. The company is laser-focused on mission-critical projects like data centers, with a major West Virginia build entering preconstruction. Win rates remain steady, bidding activity stays robust between $500M–$1B monthly, and less than 10% of recent backlog has converted to revenue — giving them runway for explosive growth. Confidence is soaring as Shimmick tightens controls, improves execution, and eyes stronger margins ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3cbd6709eb6c5474
Embed this episode
Ready to play
Shimmick Surges with Strong Backlog | Business and Finance News
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.