TIC Solutions, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:10:46Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2025 |
|---|---|---|
| Free Cash Flow | 49.22M | — |
| EBITDA | 161.23M | -35.31M |
| Working Capital | 702.04M | 287.90M |
| Net Debt | 1.27B | 673.45M |
| Gross Margin | 29.36% | 22.37% |
| Operating Margin | -1.12% | -17.83% |
| Net Margin | -5.69% | -22.75% |
| Return on Equity (ROE) | -4.00% | -9.16% |
| Return on Assets (ROA) | -1.98% | -4.78% |
| Current Ratio | 3.20× | 3.71× |
| Debt-to-Equity | 0.79× | 0.71× |
| Effective Tax Rate | 11.26% | 4.75% |
| Cash Conversion Ratio | -1.09× | — |
| Accruals Ratio | -0.04× | — |
| SBC % of Revenue | 1.12% | — |
| CapEx Coverage | 2.07× | — |
Valuation Metrics
| Concept | FY 2025 | FY 2025 |
|---|---|---|
| EV / EBITDA | 21.72× | — |
| P/S | 1.46× | — |
| P/B | 1.02× | — |
Income Statement
| Concept | FY 2025 | FY 2025 |
|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.53B | 463.53M |
| Cost of Revenue | 1.08B | 359.85M |
| Gross Profit | 449.36M | 103.68M |
| Selling, General and Administrative Expense | 440.83M | 150.31M |
| Operating Income (Loss) | -17.10M | -82.63M |
| Income Tax Expense (Benefit) | -11.06M | -5.26M |
| Net Income (Loss) Attributable to Parent | -87.12M | -105.45M |
Balance Sheet
| Concept | FY 2025 | FY 2025 |
|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 439.54M | 139.13M |
| Assets, Current | 1.02B | 394.24M |
| Assets | 4.40B | 2.21B |
| Long-term Debt | 1.61B | 754.80M |
| Liabilities, Current | 318.99M | 106.33M |
| Long-term Debt, Excluding Current Maturities | 1.59B | 747.05M |
| Liabilities | 2.22B | 1.06B |
| Stockholders' Equity Attributable to Parent | 2.18B | 1.15B |
| Common Stock, Shares, Outstanding | 220.49M | 121.48M |
Cash Flow Statement
| Concept | FY 2025 | FY 2025 |
|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 95.02M | — |
| Payments to Acquire Property, Plant, and Equipment | 33.76M | — |
| Net Cash Provided by (Used in) Investing Activities | -874.09M | — |
| Payments of Dividends | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | 1.08B | — |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 4.23M | 33.44M | 15.78M | 8.53M | 25.81M | — |
| EBITDA | 29.82M | 49.59M | 44.62M | 47.89M | 19.16M | — |
| Working Capital | 686.94M | 702.04M | 462.87M | 279.95M | 268.74M | 287.90M |
| Net Debt | 1.28B | 1.27B | 1.55B | 683.16M | 653.85M | 673.45M |
| Gross Margin | 33.05% | 35.19% | 32.23% | 23.60% | 18.64% | — |
| Operating Margin | -5.96% | -3.84% | -1.37% | 5.85% | -4.03% | — |
| Net Margin | -8.51% | -9.29% | -2.93% | -0.07% | -11.01% | — |
| Return on Equity (ROE) | -1.95% | -2.17% | -0.71% | -0.02% | -2.28% | — |
| Return on Assets (ROA) | -0.96% | -1.07% | -0.33% | -0.01% | -1.18% | — |
| Current Ratio | 3.06× | 3.20× | 2.41× | 3.35× | 3.49× | 3.71× |
| Debt-to-Equity | 0.80× | 0.79× | 0.88× | 0.69× | 0.72× | 0.71× |
| Effective Tax Rate | 28.37% | -0.27% | 54.38% | 106.34% | -6.02% | — |
| Cash Conversion Ratio | -0.24× | -1.05× | -3.26× | -112.90× | -1.27× | — |
| Accruals Ratio | -0.01× | -0.02× | -0.01× | -0.01× | -0.03× | — |
| SBC % of Revenue | 2.65% | 1.55% | 1.96% | 0.95% | 0.47% | — |
| CapEx Coverage | 1.74× | 3.06× | 1.53× | 1.48× | 4.70× | — |
| Free Cash Flow Per Share | — | — | $0.09 | — | — | — |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 15.88× | 21.72× | — | — | — | — |
| P/S | 0.82× | 1.46× | — | — | — | — |
| P/B | 0.68× | 1.02× | 1.38× | 1.14× | 1.20× | — |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 488.03M | 508.27M | 473.89M | 313.93M | 234.22M | — |
| Cost of Revenue | 326.73M | 329.41M | 321.16M | 239.82M | 190.55M | — |
| Gross Profit | 161.30M | 178.86M | 152.73M | 74.10M | 43.67M | — |
| Selling, General and Administrative Expense | 150.33M | 192.65M | 140.49M | 55.24M | 39.87M | — |
| Operating Income (Loss) | -29.06M | -19.49M | -6.51M | 18.35M | -9.44M | — |
| Income Tax Expense (Benefit) | -16.46M | 128.00K | -16.56M | 3.91M | 1.47M | — |
| Net Income (Loss) Attributable to Parent | -41.55M | -47.20M | -13.89M | -233.00K | -25.79M | — |
| Earnings Per Share, Diluted | — | — | $-0.08 | — | — | — |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 426.56M | 439.54M | 164.43M | 130.06M | 155.74M | 139.13M |
| Assets, Current | 1.02B | 1.02B | 791.88M | 399.14M | 376.67M | 394.24M |
| Assets | 4.33B | 4.40B | 4.22B | 2.24B | 2.18B | 2.21B |
| Long-term Debt | 1.61B | 1.61B | 1.62B | 751.26M | 752.44M | 754.80M |
| Liabilities, Current | 333.42M | 318.99M | 329.01M | 119.19M | 107.93M | 106.33M |
| Long-term Debt, Excluding Current Maturities | 1.59B | 1.59B | 1.59B | 743.53M | 744.71M | 747.05M |
| Liabilities | 2.20B | 2.22B | 2.27B | 1.06B | 1.05B | 1.06B |
| Stockholders' Equity Attributable to Parent | 2.13B | 2.18B | 1.95B | 1.18B | 1.13B | 1.15B |
| Common Stock, Shares, Outstanding | 221.04M | 220.49M | 202.04M | 121.48M | 121.48M | 121.48M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 9.93M | 49.69M | 45.33M | 26.30M | 32.79M | — |
| Payments to Acquire Property, Plant, and Equipment | 5.70M | 12.57M | 21.19M | 12.49M | 4.48M | — |
| Net Cash Provided by (Used in) Investing Activities | -8.29M | -17.64M | -856.45M | -28.41M | -12.21M | — |
| Net Cash Provided by (Used in) Financing Activities | -12.91M | 241.86M | 833.87M | -10.31M | -5.61M | — |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TIC CIK 0002032966),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.