What is TIC Solutions 's interest expense?

TIC Solutions (TIC) reported interest expense of $29.02M in Q1 2026.

How has TIC Solutions 's interest expense changed year-over-year?

TIC Solutions 's interest expense increased by 81.3% year-over-year, from $16.01M to $29.02M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

TIC Solutions TIC Interest Expense

Interest Expense at other companies

Tetra TechTTEK

$8.84M+4.1%

Applied Industrial TechnologiesAIT

$4.55M-11.3%

UL SolutionsULS

$8M-33.3%

Amentum HoldingsAMTM

-$73M+15.1%

SPX TechnologiesSPXC

$8.4M-31.7%

Teledyne TechnologiesTDY

$12.3M-28.9%

Other financials

Income statement

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Revenue$488.0M+108%

Gross profit$161.3M+269%

Operating income-$29.1M-208%

Net income-$41.5M-61.1%

EPS (diluted)-$0.19+9.5%

Balance sheet

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Cash & equivalents$426.6M+174%

Total debt$1.7B+110%

Total equity$2.1B+89.0%

Total assets$4.3B+98.7%

Cash flow

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Operating cash flow$9.9M-69.7%

CapEx$5.7M+27.3%

Free cash flow$4.2M-85.1%

Valuation

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Market cap$1.81B—

Enterprise value$3.08B—

P/S1×—

Profitability

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Gross margin31.8%+8.0pp

Operating margin-2.1%-0.9pp

Net margin-5.8%-2.2pp

FCF margin4.5%—

Returns & leverage

See full

Return on equity-6.3%—

Debt / equity0.8×+0.1×

Current ratio3.1×-0.4×

Where this comes from

Reported directly by TIC Solutions in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

The official record: TIC Solutions ’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TIC Solutions 's interest expense?: TIC Solutions (TIC) reported interest expense of $29.02M in Q1 2026.
How has TIC Solutions 's interest expense changed year-over-year?: TIC Solutions 's interest expense increased by 81.3% year-over-year, from $16.01M to $29.02M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.