TIC revenueQ3 2026$639.62M
- Quarter YoY
- +35.0%
- QoQ
- +9.5%
TIC revenue was $639.62M in fiscal Q3 2026 (ended Sep 30, 2026), up 35.0% from a year earlier and up 9.5% from the prior quarter. For the full fiscal 2025 it was $1.53B.
TIC Solutions Inc. (TIC) financials
For the twelve months ended Sep 30, 2026, TIC Solutions Inc. reported $2.22B of revenue and -$113.20M of net income.
- Revenue, TTM
- $2.22B
- Net income, TTM
- -$113.20M
- Net margin
- -5.1%
- Free cash flow, TTM
- $34.22M
- Cash
- $197.91M
- Total debt
- $1.61B
- P/S
- 1.11
- Market cap
- $2.46B
FY2023FY2025
TIC revenue and earnings growth
TIC net incomeQ3 2026-$11.11M
TIC net income was -$11.11M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$13.89M a year earlier. For the full fiscal 2025 it was -$87.12M.
TIC EPSQ3 2025-$0.08
TIC diluted EPS was -$0.08 in fiscal Q3 2025 (ended Sep 30, 2025).
TIC free cash flowQ3 2026$22.33M
- Quarter YoY
- +116.1%
TIC free cash flow was $22.33M in fiscal Q3 2026 (ended Sep 30, 2026), up 116.1% from a year earlier. For the full fiscal 2025 it was $61.26M.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2023 |
|---|---|---|
| Revenue | $1.53B | $1.05B |
| Cost of revenue | $1.08B | $810.53M |
| Gross profit | $449.36M | $239.52M |
| Selling, general and admin | $440.83M | - |
| Operating income | -$17.10M | - |
| Pre-tax income | -$98.17M | - |
| Income tax | -$11.06M | - |
| Net income | -$87.12M | - |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2023 |
|---|---|---|
| Cash and equivalents | $439.54M | - |
| Receivables | $366.29M | - |
| Current assets | $1.02B | - |
| Goodwill | $1.65B | - |
| Total assets | $4.40B | - |
| Current liabilities | $318.99M | - |
| Short-term debt | $25.51M | - |
| Long-term debt | $1.59B | - |
| Total debt | $1.61B | - |
| Total liabilities | $2.22B | - |
| Shareholders' equity | $2.18B | - |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2023 |
|---|---|---|
| Operating cash flow | $95.02M | - |
| Capital expenditures | $33.76M | - |
| Free cash flow | $61.26M | - |
| Investing cash flow | -$874.09M | - |
| Financing cash flow | $1.08B | - |
| Dividends paid | $0 | - |
| Stock-based compensation | $17.16M | - |
| Depreciation and amortization | $178.33M | $94.82M |
Key ratios
Income statement
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $639.62M | $584.35M | $488.03M | $508.27M | $473.89M | $313.93M | $234.22M | $309.29M | $223.06M |
| Cost of revenue | $413.29M | $380.19M | $326.73M | $329.41M | $321.16M | $239.82M | $190.55M | $228.67M | $167.21M |
| Gross profit | $226.33M | $204.16M | $161.30M | $178.86M | $152.73M | $74.10M | $43.67M | $80.62M | $55.85M |
| Selling, general and admin | $210.34M | $193.32M | $150.33M | $172.73M | $159.24M | $55.75M | $39.87M | $60.87M | $41.85M |
| Operating income | $15.99M | $10.84M | -$29.06M | -$19.49M | -$6.51M | $18.35M | -$9.44M | $19.75M | $13.99M |
| Pre-tax income | -$12.26M | -$16.58M | -$58.01M | -$47.07M | -$30.45M | $3.68M | -$24.33M | $2.46M | -$1.98M |
| Income tax | -$1.15M | -$3.23M | -$16.46M | $128.0K | -$16.56M | $3.91M | $1.47M | $7.91M | -$710.0K |
| Net income | -$11.11M | -$13.34M | -$41.55M | -$47.20M | -$13.89M | -$233.0K | -$25.79M | -$5.45M | -$1.27M |
| EPS, diluted | - | - | - | - | -$0.08 | - | - | - | - |
Balance sheet
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $197.91M | $362.42M | $426.56M | $439.54M | $164.43M | $130.06M | $155.74M | - | - |
| Receivables | $471.35M | $381.20M | $344.24M | $366.29M | $376.87M | $257.65M | $206.65M | - | $236.52M |
| Current assets | $947.12M | $1.01B | $1.02B | $1.02B | $791.88M | $399.14M | $376.67M | - | - |
| Goodwill | $1.76B | $1.66B | $1.65B | $1.65B | $1.56B | $876.79M | $848.98M | - | - |
| Total assets | $4.40B | $4.29B | $4.33B | $4.40B | $4.22B | $2.24B | $2.18B | - | - |
| Current liabilities | $424.93M | $348.16M | $333.42M | $318.99M | $329.01M | $119.19M | $107.93M | - | - |
| Short-term debt | $23.12M | $23.13M | $23.46M | $25.51M | $24.52M | $7.73M | $7.73M | - | - |
| Long-term debt | $1.59B | $1.59B | $1.59B | $1.59B | $1.59B | $743.53M | $744.71M | - | - |
| Total debt | $1.61B | $1.61B | $1.61B | $1.61B | $1.62B | $751.26M | $752.44M | - | - |
| Total liabilities | $2.29B | $2.20B | $2.20B | $2.22B | $2.27B | $1.06B | $1.05B | - | - |
| Shareholders' equity | $2.11B | $2.10B | $2.13B | $2.18B | $1.95B | $1.18B | $1.13B | - | - |
Cash flow
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $36.48M | -$9.77M | $9.93M | $49.69M | $19.02M | -$6.49M | $32.79M | - | - |
| Capital expenditures | $14.15M | $19.68M | $5.70M | $12.57M | $8.69M | $8.02M | $4.48M | - | - |
| Free cash flow | $22.33M | -$29.45M | $4.23M | $37.12M | $10.33M | -$14.51M | $28.32M | - | - |
| Investing cash flow | -$183.02M | -$25.09M | -$8.29M | -$17.64M | -$828.04M | -$16.19M | -$12.21M | - | - |
| Financing cash flow | -$17.40M | -$27.91M | -$12.91M | $241.86M | $844.17M | -$4.70M | -$5.61M | - | - |
| Share repurchases | $6.97M | - | - | - | $0 | - | - | - | - |
| Stock-based compensation | $11.25M | $11.32M | $12.91M | $7.88M | $6.29M | $1.87M | $1.11M | - | - |
| Depreciation and amortization | $61.53M | $60.42M | $58.88M | $69.09M | $51.13M | $29.54M | $28.60M | - | - |
Key ratios
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 35.0% | 86.1% | 108.4% | - | - | 1.5% | 5.0% | - | - |
| Gross margin | 35.4% | 34.9% | 33.1% | 35.2% | 32.2% | 23.6% | 18.6% | 26.1% | 25.0% |
| Operating margin | 2.5% | 1.9% | -6.0% | -3.8% | -1.4% | 5.8% | -4.0% | 6.4% | 6.3% |
| Net margin | -1.7% | -2.3% | -8.5% | -9.3% | -2.9% | -0.1% | -11.0% | -1.8% | -0.6% |
| Free cash flow margin | 3.5% | -5.0% | 0.9% | 7.3% | 2.2% | -4.6% | 12.1% | - | - |
| Current ratio | 2.23 | 2.91 | 3.06 | 3.20 | 2.41 | 3.35 | 3.49 | - | - |
| Debt to equity | 0.76 | 0.77 | 0.75 | 0.74 | 0.83 | 0.64 | 0.67 | - | - |
Source: XBRL data TIC Solutions Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
TIC peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| TIC | $2.22B | - | -$113.20M | -5.1% | $2.46B |
| V | $45.90B | +14.8% | $23.50B | 51.2% | $761.17B |
| MA | $36.29B | +15.3% | $16.96B | 46.7% | $571.32B |
| BABA | CN¥1.02T | +2.7% | CN¥103.59B | 10.1% | $255.28B |
| ACN | $74.18B | +6.5% | $8.37B | 11.3% | $170.10B |
| UBER | $56.53B | +13.9% | $3.46B | 6.1% | $145.32B |
| PDD | CN¥431.85B | +9.7% | CN¥97.84B | 22.7% | $114.58B |
| DASH | $17.06B | +35.0% | $1.06B | 6.2% | $78.89B |
| MELI | $38.52B | +47.1% | $1.89B | 4.9% | $77.70B |
TIC FAQ
7 questionsWhat is TIC revenue?
TIC Solutions Inc. (TIC) reported $2.22B of revenue for the twelve months ended Sep 30, 2026. Revenue for fiscal 2025 was $1.53B.Is TIC profitable?
No. TIC Solutions Inc. reported a net loss of $113.20M for the twelve months ended Sep 30, 2026.How much cash and debt does TIC have?
TIC Solutions Inc. reported $197.91M in cash and cash equivalents and $1.61B of debt on its most recent balance sheet in SEC filings.What is TIC gross margin?
TIC Solutions Inc.'s gross profit was $770.65M on $2.22B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 34.7%.What is TIC free cash flow?
TIC Solutions Inc. generated $34.22M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $86.32M less capital expenditures.When did TIC last report financial results?
The latest statements here come from TIC Solutions Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.Where does this TIC financial data come from?
Quantisnow builds these statements from the structured XBRL data TIC Solutions Inc. files with the SEC. It is provided for information only and is not investment advice.