TIC Solutions, Inc. income statement
In fiscal 2025, TIC Solutions, Inc. reported revenue of $1.53bn, up 45.7% on the year before, operating income of −$17.1m (a -1.1% margin) and net income of −$87.1m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Dec 2023 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|
| Revenue | 1,050 | 1,530 | 2,055 |
| Cost of revenue | 811 | 1,081 | 1,357 |
| Gross profit | 240 | 449 | 697 |
| Selling, general and administrative | — | 441 | 677 |
| Operating income | — | −17 | −44 |
| Income before tax | — | −98 | −152 |
| Income tax | — | −11 | −36 |
| Net income | — | −87 | −116 |
| EBITDA | — | 161 | 195 |
| Quarter | 2024 Q2Jun 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 309 | 262 | 234 | 314 | 474 | 508 | 488 | 584 |
| Cost of revenue | 229 | 208 | 191 | 240 | 321 | 329 | 327 | 380 |
| Gross profit | 81 | 54 | 44 | 74 | 153 | 179 | 161 | 204 |
| Selling, general and administrative | 61 | 46 | 40 | 56 | 140 | 193 | 150 | 193 |
| Operating income | 20 | −3 | −9 | 18 | −7 | −19 | −29 | 11 |
| Income before tax | 2 | −19 | −24 | 4 | −30 | −47 | −58 | −17 |
| Income tax | 8 | −3 | 1 | 4 | −17 | 0 | −16 | −3 |
| Net income | −5 | 0 | −26 | −0 | −14 | −47 | −42 | −13 |
| Diluted EPS | — | — | — | — | −$0.08 | — | — | — |
| EBITDA | — | −3 | 19 | 48 | 45 | 50 | 30 | 71 |
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