Team, Inc. (TISI)

Team, Inc. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	896.48	852.27	862.62	840.21	794.2
Revenue Growth (YoY)	5.19%	-1.20%	2.67%	5.79%	-6.84%
Cost of Revenue	664.78	629.12	651.46	638.6	616.5
Gross Profit	231.71	223.15	211.15	201.61	177.7
Selling, General & Admin	217.64	213.01	224.43	241.4	246.21
Other Operating Expenses	-	-	-	0.02	58.37
Total Operating Expenses	217.64	213.01	224.43	241.41	304.58
Operating Income	14.07	10.14	-13.28	-39.8	-126.88
Interest Expense	44.68	47.81	55.18	85.05	46.08
Other Non-Operating Income (Expense)	-10.25	-2.68	-2.69	-21.93	-3.11
Total Non-Operating Income (Expense)	34.43	45.13	52.49	63.13	42.97
Pretax Income	48.5	55.26	39.22	23.32	-83.91
Provision for Income Taxes	-2.58	-3.28	-4.58	-3.31	-8.77
Net Income	-52.66	-38.27	-75.72	140.16	-372.04
Net Income Attributable to Preferred Dividends	-3.45	-	-	-	-
Earnings From Discontinued Operations	-	-	-	220.17	-1.17
Net Income to Common	-52.66	-38.27	-75.72	140.16	-372.04
Shares Outstanding (Basic)	5	4	4	4	3
Shares Outstanding (Diluted)	5	4	4	4	3
Shares Change (YoY)	1.63%	1.33%	4.40%	35.15%	1.12%
EPS (Basic)	-11.70	-8.64	-17.32	16.73	-60.05
EPS (Diluted)	-11.70	-8.64	-17.32	16.73	-60.05
Shares Outstanding	4.53	4.49	4.42	4.34	3.12
Free Cash Flow	-20.64	13.3	-21.42	-82.63	-53.06
Free Cash Flow Per Share	-4.58	3.00	-4.90	-19.73	-17.13
Gross Margin	25.85%	26.18%	24.48%	24.00%	22.37%
Operating Margin	1.57%	1.19%	-1.54%	-4.74%	-15.98%
Profit Margin	-5.49%	-4.49%	-8.78%	-9.52%	-46.70%
FCF Margin	-2.30%	1.56%	-2.48%	-9.83%	-6.68%
EBITDA	48.15	46.43	24.6	-2.21	-85.36
EBITDA Margin	5.37%	5.45%	2.85%	-0.26%	-10.75%
EBIT	14.07	10.14	-13.28	-39.8	-126.88
EBIT Margin	1.57%	1.19%	-1.54%	-4.74%	-15.98%
Effective Tax Rate	-5.32%	-5.93%	-11.67%	-14.17%	10.45%

Updated Mar 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q