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Side-by-side financial comparison of Shimmick Corp (SHIM) and VICOR CORP (VICR). Click either name above to swap in a different company.

Shimmick Corp is the larger business by last-quarter revenue ($141.9M vs $113.0M, roughly 1.3× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs -3.1%, a 21.4% gap on every dollar of revenue. Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -10.1%).

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.

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

SHIM vs VICR — Head-to-Head

Bigger by revenue
SHIM
SHIM
1.3× larger
SHIM
$141.9M
$113.0M
VICR
Higher net margin
VICR
VICR
21.4% more per $
VICR
18.3%
-3.1%
SHIM
Faster 2-yr revenue CAGR
VICR
VICR
Annualised
VICR
14.7%
-10.1%
SHIM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
SHIM
SHIM
VICR
VICR
Revenue
$141.9M
$113.0M
Net Profit
$-4.4M
$20.7M
Gross Margin
7.6%
Operating Margin
-2.2%
59.7%
Net Margin
-3.1%
18.3%
Revenue YoY
20.2%
Net Profit YoY
713.9%
EPS (diluted)
$-0.12
$0.44

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
SHIM
SHIM
VICR
VICR
Q1 26
$113.0M
Q4 25
$141.9M
$107.3M
Q3 25
$128.4M
$110.4M
Q2 25
$122.1M
$96.0M
Q1 25
$103.6M
$94.0M
Q4 24
$96.2M
Q3 24
$166.0M
$93.2M
Q2 24
$90.6M
$85.9M
Net Profit
SHIM
SHIM
VICR
VICR
Q1 26
$20.7M
Q4 25
$-4.4M
$46.5M
Q3 25
$-8.5M
$28.3M
Q2 25
$-9.8M
$41.2M
Q1 25
$-38.5M
$2.5M
Q4 24
$10.2M
Q3 24
$-1.6M
$11.6M
Q2 24
$-51.4M
$-1.2M
Gross Margin
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
7.6%
55.4%
Q3 25
6.3%
57.5%
Q2 25
3.8%
95.9%
Q1 25
-20.1%
47.2%
Q4 24
52.4%
Q3 24
7.3%
49.1%
Q2 24
-34.4%
49.8%
Operating Margin
SHIM
SHIM
VICR
VICR
Q1 26
59.7%
Q4 25
-2.2%
14.6%
Q3 25
-5.5%
18.9%
Q2 25
-7.3%
47.3%
Q1 25
-39.3%
-0.2%
Q4 24
9.6%
Q3 24
0.7%
5.8%
Q2 24
-53.0%
0.2%
Net Margin
SHIM
SHIM
VICR
VICR
Q1 26
18.3%
Q4 25
-3.1%
43.4%
Q3 25
-6.6%
25.6%
Q2 25
-8.0%
42.9%
Q1 25
-37.1%
2.7%
Q4 24
10.7%
Q3 24
-0.9%
12.4%
Q2 24
-56.7%
-1.4%
EPS (diluted)
SHIM
SHIM
VICR
VICR
Q1 26
$0.44
Q4 25
$-0.12
$1.01
Q3 25
$-0.25
$0.63
Q2 25
$-0.28
$0.91
Q1 25
$-0.92
$0.06
Q4 24
$0.24
Q3 24
$-0.05
$0.26
Q2 24
$-1.83
$-0.03

Balance Sheet & Financial Strength

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

Metric
SHIM
SHIM
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$17.6M
$404.2M
Total DebtLower is stronger
$57.5M
Stockholders' EquityBook value
$-52.7M
$754.1M
Total Assets
$218.5M
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHIM
SHIM
VICR
VICR
Q1 26
$404.2M
Q4 25
$17.6M
$402.8M
Q3 25
$21.4M
$362.4M
Q2 25
$16.3M
$338.5M
Q1 25
$33.7M
$296.1M
Q4 24
$277.3M
Q3 24
$26.0M
$267.6M
Q2 24
$22.4M
$251.9M
Total Debt
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
$57.5M
Q3 25
$36.4M
Q2 25
$31.4M
Q1 25
$9.5M
Q4 24
Q3 24
$39.9M
Q2 24
Stockholders' Equity
SHIM
SHIM
VICR
VICR
Q1 26
$754.1M
Q4 25
$-52.7M
$711.6M
Q3 25
$-49.5M
$630.1M
Q2 25
$-42.6M
$608.6M
Q1 25
$-34.7M
$580.3M
Q4 24
$570.1M
Q3 24
$973.0K
$554.6M
Q2 24
$436.0K
$537.2M
Total Assets
SHIM
SHIM
VICR
VICR
Q1 26
$804.9M
Q4 25
$218.5M
$785.8M
Q3 25
$203.0M
$710.2M
Q2 25
$227.7M
$693.5M
Q1 25
$233.9M
$665.0M
Q4 24
$641.1M
Q3 24
$346.7M
$632.8M
Q2 24
$344.5M
$613.2M
Debt / Equity
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
41.01×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
SHIM
SHIM
VICR
VICR
Operating Cash FlowLast quarter
$-23.7M
Free Cash FlowOCF − Capex
$-28.7M
FCF MarginFCF / Revenue
-20.2%
Capex IntensityCapex / Revenue
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
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
$-23.7M
$15.7M
Q3 25
$-3.8M
$38.5M
Q2 25
$-38.2M
$65.2M
Q1 25
$44.9M
$20.1M
Q4 24
$10.1M
Q3 24
$12.7M
$22.6M
Q2 24
$-43.9M
$15.6M
Free Cash Flow
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
$-28.7M
$10.2M
Q3 25
$-4.2M
$34.5M
Q2 25
$-38.7M
$59.0M
Q1 25
$44.4M
$15.6M
Q4 24
$8.4M
Q3 24
$10.3M
$14.1M
Q2 24
$-46.8M
$9.4M
FCF Margin
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
-20.2%
9.5%
Q3 25
-3.2%
31.2%
Q2 25
-31.7%
61.5%
Q1 25
42.9%
16.6%
Q4 24
8.7%
Q3 24
6.2%
15.2%
Q2 24
-51.7%
11.0%
Capex Intensity
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
3.5%
5.2%
Q3 25
0.3%
3.6%
Q2 25
0.4%
6.5%
Q1 25
0.5%
4.8%
Q4 24
1.8%
Q3 24
1.4%
9.1%
Q2 24
3.3%
7.2%
Cash Conversion
SHIM
SHIM
VICR
VICR
Q1 26
Q4 25
0.34×
Q3 25
1.36×
Q2 25
1.58×
Q1 25
7.93×
Q4 24
0.99×
Q3 24
1.95×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

SHIM
SHIM

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

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

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