TIC Solutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,784	1,530	1,097	1,050	928.33
Revenue Growth (YoY)	275.86%	39.45%	4.51%	13.11%	-
Cost of Revenue	1,217	1,081	831.73	810.53	725.38
Gross Profit	566.99	449.36	265.66	239.52	202.95
Selling, General & Admin	538.7	440.83	271.68	185.02	168.23
Depreciation & Amortization Expenses	40.04	-	-	-	-
Other Operating Expenses	-	25.63	41.2	-	-
Total Operating Expenses	578.73	466.46	312.88	185.02	168.23
Operating Income	-36.72	-17.1	-47.21	54.5	34.72
Interest Expense	-100.64	-87.62	-70.44	-60.02	-24.16
Other Non-Operating Income (Expense)	5.5	6.55	-5.52	1.24	12.89
Total Non-Operating Income (Expense)	-95.13	-81.08	-75.96	-58.78	-11.27
Pretax Income	-131.85	-98.17	-123.17	-4.28	23.45
Provision for Income Taxes	-28.98	-11.06	-2.01	2.01	3.41
Net Income	-102.87	-87.12	-121.16	-6.29	20.04
Net Income Attributable to Preferred Dividends	-	6.16	-0.86	-	-
Net Income to Common	-102.87	-87.12	-121.16	-6.29	20.04
Shares Outstanding (Basic)	180	157	122	5	5
Shares Outstanding (Diluted)	181	158	122	5	5
Shares Change (YoY)	48.13%	28.68%	2337.43%	-1.35%	-
EPS (Basic)	-0.58	-0.60	-0.99	-1.25	3.99
EPS (Diluted)	-0.58	-0.60	-0.99	-1.25	3.93
Free Cash Flow	37.17	61.26	-4.51	73.67	16.91
Free Cash Flow Growth	-39.32%	-	-	335.78%	-
Free Cash Flow Per Share	0.20	0.39	-0.04	14.66	3.32
Gross Margin	31.78%	29.36%	24.21%	22.81%	21.86%
Operating Margin	-2.06%	-1.12%	-4.30%	5.19%	3.74%
Profit Margin	-5.77%	-5.69%	-11.04%	-0.60%	2.16%
FCF Margin	2.08%	4.00%	-0.41%	7.02%	1.82%
EBITDA	14.39	161.23	45.88	149.32	121.16
EBITDA Margin	0.81%	10.54%	4.18%	14.22%	13.05%
EBIT	-36.72	-17.1	-47.21	54.5	34.72
EBIT Margin	-2.06%	-1.12%	-4.30%	5.19%	3.74%
Effective Tax Rate	21.98%	11.26%	1.63%	-46.94%	14.53%

SEC Filings: 10-K · 10-Q