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Side-by-side financial comparison of Offerpad Solutions Inc. (OPAD) and Shimmick Corp (SHIM). Click either name above to swap in a different company.

Shimmick Corp is the larger business by last-quarter revenue ($141.9M vs $114.1M, roughly 1.2× Offerpad Solutions Inc.). Offerpad Solutions Inc. produced more free cash flow last quarter ($65.7M vs $-28.7M). Over the past eight quarters, Shimmick Corp's revenue compounded faster (-10.1% CAGR vs -36.8%).

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. states.

Shimmick Corp is a U.S.-based heavy civil construction firm specializing in building and upgrading critical public infrastructure, including water facilities, transportation systems, dams, and environmental remediation projects. It primarily serves federal, state, and local government clients across North America, delivering complex large-scale construction solutions for public sector segments.

OPAD vs SHIM — Head-to-Head

Bigger by revenue
SHIM
SHIM
1.2× larger
SHIM
$141.9M
$114.1M
OPAD
More free cash flow
OPAD
OPAD
$94.4M more FCF
OPAD
$65.7M
$-28.7M
SHIM
Faster 2-yr revenue CAGR
SHIM
SHIM
Annualised
SHIM
-10.1%
-36.8%
OPAD

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
OPAD
OPAD
SHIM
SHIM
Revenue
$114.1M
$141.9M
Net Profit
$-4.4M
Gross Margin
7.0%
7.6%
Operating Margin
-2.2%
Net Margin
-3.1%
Revenue YoY
-34.5%
Net Profit YoY
49.1%
EPS (diluted)
$-0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OPAD
OPAD
SHIM
SHIM
Q4 25
$114.1M
$141.9M
Q3 25
$132.7M
$128.4M
Q2 25
$160.3M
$122.1M
Q1 25
$160.7M
$103.6M
Q4 24
$174.3M
Q3 24
$208.1M
$166.0M
Q2 24
$251.1M
$90.6M
Q1 24
$285.4M
$120.0M
Net Profit
OPAD
OPAD
SHIM
SHIM
Q4 25
$-4.4M
Q3 25
$-11.6M
$-8.5M
Q2 25
$-10.9M
$-9.8M
Q1 25
$-15.1M
$-38.5M
Q4 24
$-17.3M
Q3 24
$-13.5M
$-1.6M
Q2 24
$-13.8M
$-51.4M
Q1 24
$-17.5M
$-33.3M
Gross Margin
OPAD
OPAD
SHIM
SHIM
Q4 25
7.0%
7.6%
Q3 25
7.0%
6.3%
Q2 25
8.9%
3.8%
Q1 25
6.5%
-20.1%
Q4 24
6.1%
Q3 24
8.2%
7.3%
Q2 24
8.7%
-34.4%
Q1 24
7.9%
-13.2%
Operating Margin
OPAD
OPAD
SHIM
SHIM
Q4 25
-2.2%
Q3 25
-5.1%
-5.5%
Q2 25
-4.9%
-7.3%
Q1 25
-7.2%
-39.3%
Q4 24
-7.8%
Q3 24
-4.3%
0.7%
Q2 24
-3.9%
-53.0%
Q1 24
-4.8%
-26.5%
Net Margin
OPAD
OPAD
SHIM
SHIM
Q4 25
-3.1%
Q3 25
-8.7%
-6.6%
Q2 25
-6.8%
-8.0%
Q1 25
-9.4%
-37.1%
Q4 24
-9.9%
Q3 24
-6.5%
-0.9%
Q2 24
-5.5%
-56.7%
Q1 24
-6.1%
-27.8%
EPS (diluted)
OPAD
OPAD
SHIM
SHIM
Q4 25
$-0.12
Q3 25
$-0.37
$-0.25
Q2 25
$-0.39
$-0.28
Q1 25
$-0.55
$-0.92
Q4 24
$-0.64
Q3 24
$-0.49
$-0.05
Q2 24
$-0.50
$-1.83
Q1 24
$-0.64
$-1.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPAD
OPAD
SHIM
SHIM
Cash + ST InvestmentsLiquidity on hand
$26.5M
$17.6M
Total DebtLower is stronger
$57.5M
Stockholders' EquityBook value
$38.2M
$-52.7M
Total Assets
$154.8M
$218.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPAD
OPAD
SHIM
SHIM
Q4 25
$26.5M
$17.6M
Q3 25
$31.0M
$21.4M
Q2 25
$22.6M
$16.3M
Q1 25
$30.8M
$33.7M
Q4 24
$43.0M
Q3 24
$48.5M
$26.0M
Q2 24
$56.9M
$22.4M
Q1 24
$68.5M
$27.3M
Total Debt
OPAD
OPAD
SHIM
SHIM
Q4 25
$57.5M
Q3 25
$36.4M
Q2 25
$31.4M
Q1 25
$9.5M
Q4 24
Q3 24
$39.9M
Q2 24
Q1 24
$31.5M
Stockholders' Equity
OPAD
OPAD
SHIM
SHIM
Q4 25
$38.2M
$-52.7M
Q3 25
$39.9M
$-49.5M
Q2 25
$24.5M
$-42.6M
Q1 25
$34.2M
$-34.7M
Q4 24
$47.7M
Q3 24
$64.7M
$973.0K
Q2 24
$77.6M
$436.0K
Q1 24
$88.1M
$38.1M
Total Assets
OPAD
OPAD
SHIM
SHIM
Q4 25
$154.8M
$218.5M
Q3 25
$223.5M
$203.0M
Q2 25
$268.0M
$227.7M
Q1 25
$274.5M
$233.9M
Q4 24
$313.1M
Q3 24
$338.5M
$346.7M
Q2 24
$406.6M
$344.5M
Q1 24
$369.7M
$378.0M
Debt / Equity
OPAD
OPAD
SHIM
SHIM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
41.01×
Q2 24
Q1 24
0.83×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPAD
OPAD
SHIM
SHIM
Operating Cash FlowLast quarter
$66.8M
$-23.7M
Free Cash FlowOCF − Capex
$65.7M
$-28.7M
FCF MarginFCF / Revenue
57.6%
-20.2%
Capex IntensityCapex / Revenue
0.9%
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-27.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPAD
OPAD
SHIM
SHIM
Q4 25
$66.8M
$-23.7M
Q3 25
$40.0M
$-3.8M
Q2 25
$-13.5M
$-38.2M
Q1 25
$-10.2M
$44.9M
Q4 24
$20.8M
Q3 24
$39.6M
$12.7M
Q2 24
$-54.4M
$-43.9M
Q1 24
$2.4M
$-35.0M
Free Cash Flow
OPAD
OPAD
SHIM
SHIM
Q4 25
$65.7M
$-28.7M
Q3 25
$-4.2M
Q2 25
$-13.6M
$-38.7M
Q1 25
$-11.2M
$44.4M
Q4 24
$15.4M
Q3 24
$38.7M
$10.3M
Q2 24
$-54.4M
$-46.8M
Q1 24
$2.0M
$-39.6M
FCF Margin
OPAD
OPAD
SHIM
SHIM
Q4 25
57.6%
-20.2%
Q3 25
-3.2%
Q2 25
-8.5%
-31.7%
Q1 25
-7.0%
42.9%
Q4 24
8.9%
Q3 24
18.6%
6.2%
Q2 24
-21.7%
-51.7%
Q1 24
0.7%
-33.0%
Capex Intensity
OPAD
OPAD
SHIM
SHIM
Q4 25
0.9%
3.5%
Q3 25
0.0%
0.3%
Q2 25
0.1%
0.4%
Q1 25
0.6%
0.5%
Q4 24
3.1%
Q3 24
0.4%
1.4%
Q2 24
0.0%
3.3%
Q1 24
0.1%
3.8%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPAD
OPAD

Segment breakdown not available.

SHIM
SHIM

Shimmick Projects$106.8M75%
Non Core Projects$35.1M25%

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