For the quarter ending 2026-03-31, TIC made $488,029K in revenue. -$54,256K in net income. Net profit margin of -11.12%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Revenue | 488,029 | 708,086* | 313,925 | 234,215 |
| Cost of revenue | 326,728 | 435,382* | 239,824 | 190,546 |
| Gross profit | 161,301 | 272,704* | 74,101 | 43,669 |
| Selling, general and administrative expenses | 150,328 | 279,286* | 55,236 | 52,458 |
| Transaction costs | - | 23,879* | 515 | 651 |
| Depreciation and amortization | 40,036 | - | - | - |
| Loss from operations | -29,063 | -30,461* | 18,350 | -9,440 |
| Interest expense, net | 29,021 | 121,460* | 15,451 | 16,007 |
| Loss on extinguishment of debt | - | 0* | - | - |
| Other income, net | 77 | 3,701* | 777 | 1,119 |
| Loss before income tax benefit | -58,007 | -148,220* | 3,676 | -24,328 |
| Income tax provision (benefit) | -16,458 | -19,117* | 3,909 | 1,465 |
| Net loss | -41,549 | -129,103* | -233 | -25,793 |
| Dividends | - | 1,689* | - | - |
| Foreign currency translation adjustment | -12,707 | - | 48,376 | 2,561 |
| Undistributed earnings (loss) allocated to participating securities, basic | - | -149* | - | - |
| Total other comprehensive income (loss) | - | - | 48,376 | 2,561 |
| Net loss allocated to common stockholders | - | -130,643 | - | - |
| Total other comprehensive loss | -54,256 | - | 48,143 | -23,232 |
| Basic EPS | -0.19 | -0.681 | - | -0.21 |
| Diluted EPS | -0.19 | -0.678 | - | -0.21 |
| Basic Average Shares | 217,251,178 | 191,724,627 | - | 121,476,215 |
| Diluted Average Shares | 218,251,178 | 192,724,627 | - | 122,476,215 |
TIC Solutions, Inc. (TIC)
TIC Solutions, Inc. (TIC)