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Other financials

Income statement

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Revenue$584.3M+86.1%
Gross profit$204.2M+176%
Operating income$10.8M-40.9%
Net income-$13.3M-5,626%
EPS (diluted)-$0.06

Balance sheet

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Cash & equivalents$362.4M+179%
Total debt$1.7B+109%
Total equity$2.1B+77.8%
Total assets$4.3B+91.4%

Cash flow

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Operating cash flow$9.9M-69.7%
CapEx$19.7M+145%
Free cash flow-$29.5M

Valuation

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Market cap$1.89B-4.9%
Enterprise value$3.23B+21.0%
P/S0.9×-0.3×

Profitability

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Gross margin33.9%+10.6pp
Operating margin-2.2%-0.9pp
Net margin-5.6%-2.1pp
FCF margin1.1%

Returns & leverage

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Return on equity-7.1%
Debt / equity0.8×+0.1×
Current ratio2.9×-0.4×

Where this comes from

Reported directly by TIC Solutions in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: TIC Solutions’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053831
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Revenue$584,347$313,925$1,072,376$548,140
Cost of revenue380,189239,824706,917430,370
Gross profit204,15874,101365,459117,770
Selling, general and administrative expenses193,31655,751383,680108,860
Income (loss) from operations10,84218,350(18,221)8,910
Interest expense, net28,36515,45157,38631,458
Other income, net(946)(777)(1,023)(1,896)
Income (loss) before income tax benefit (expense)(16,577)3,676(74,584)(20,652)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is TIC Solutions's SG&A?
TIC Solutions (TIC) reported SG&A of $193.32M in Q2 2026.
How has TIC Solutions's SG&A changed year-over-year?
TIC Solutions's SG&A increased by 246.7% year-over-year, from $55.75M to $193.32M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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