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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2,055	1,530	1,097	1,050	928.33
Revenue Growth	328.64%	39.45%	4.51%	13.11%	-
Cost of Revenue	1,357	1,081	831.73	810.53	725.38
Gross Profit	697.05	449.36	265.66	239.52	202.95
Selling, General & Admin	676.78	440.83	271.68	185.02	168.23
Depreciation & Amortization Expenses	40.04	-	-	-	-
Other Operating Expenses	-	25.63	41.2	-	-
Total Operating Expenses	716.81	466.46	312.88	185.02	168.23
Operating Income	-44.23	-17.1	-47.21	54.5	34.72
Interest Expense	-113.55	-87.62	-70.44	-60.02	-24.16
Other Non-Operating Income (Expense)	5.67	6.55	-5.52	1.24	12.89
Total Non-Operating Income (Expense)	-107.88	-81.08	-75.96	-58.78	-11.27
Pretax Income	-152.11	-98.17	-123.17	-4.28	23.45
Provision for Income Taxes	-36.12	-11.06	-2.01	2.01	3.41
Net Income	-115.98	-87.12	-121.16	-6.29	20.04
Net Income Attributable to Preferred Dividends	-0.64	6.16	-0.86	-	-
Net Income to Common	-115.98	-87.12	-121.16	-6.29	20.04
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	204	157	122	5	5
Shares Outstanding (Diluted)	205	158	122	5	5
Shares Change	67.67%	28.68%	2337.43%	-1.35%	-
EPS (Basic)	-0.64	-0.60	-0.99	-1.25	3.99
EPS (Diluted)	-0.64	-0.60	-0.99	-1.25	3.93
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	22.23	61.26	-4.51	73.67	16.91
Free Cash Flow Growth	-4.50%	-	-	335.78%	-
Free Cash Flow Per Share	0.11	0.39	-0.04	14.66	3.32
Gross Margin	33.93%	29.36%	24.21%	22.81%	21.86%
Operating Margin	-2.15%	-1.12%	-4.30%	5.19%	3.74%
Profit Margin	-5.65%	-5.69%	-11.04%	-0.60%	2.16%
FCF Margin	1.08%	4.00%	-0.41%	7.02%	1.82%
EBITDA	195.27	161.23	45.88	149.32	121.16
EBITDA Margin	9.50%	10.54%	4.18%	14.22%	13.05%
EBIT	-44.23	-17.1	-47.21	54.5	34.72
EBIT Margin	-2.15%	-1.12%	-4.30%	5.19%	3.74%
Effective Tax Rate	23.75%	11.26%	1.63%	-46.94%	14.53%

SEC Filings: 10-K · 10-Q