TIC Solutions Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw solid execution with revenue up 3.3% and strong growth in C&E and Geo, while I&M showed improving momentum. Record backlog, margin expansion, and robust M&A activity support confidence in full-year guidance and long-term targets.
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The meeting covered director elections, auditor ratification, and executive compensation vote frequency. All proposals passed by majority, with directors elected through 2027 and annual advisory votes on compensation approved. No questions were raised by stockholders.
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A unified platform integrating consulting, inspection, and geospatial services targets $3B revenue, 18% EBITDA margin, and 85% free cash flow by 2029, driven by mega trends, recurring revenue, and disciplined M&A. Margin expansion and geographic growth are supported by technology, AI, and operational excellence.
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Q1 2026 saw 4.3% revenue growth and strong performance in Consulting Engineering and Geospatial, while Inspection and Mitigation remained flat amid regional pressures. Integration synergies from NV5 are ahead of schedule, and full-year guidance is reaffirmed with margin expansion expected.
Fiscal Year 2025
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2025 saw 4% revenue growth to $2.1B, strong margin expansion, and a successful integration of Acuren and NV5. 2026 guidance targets $2.15–$2.25B revenue and $330–$355M adjusted EBITDA, with growth led by CE and Geo, ongoing cost synergies, and a robust backlog.
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Q3 saw strong revenue growth and margin expansion driven by the NV5 acquisition and robust demand in data centers, infrastructure, and renewables. Integration is ahead of schedule, with increased cost synergy targets and a solid balance sheet supporting ongoing M&A and deleveraging.
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Q2 2025 saw year-over-year revenue growth and stable margins, supported by strong call-out activity and the transformational MV5 acquisition. Integration is underway, with early cross-selling wins and a focus on synergy realization, while updated guidance will follow in Q3.