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TIC Solutions TIC Consulting Engineering — Cost of revenue

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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/S

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

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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:CostOfRevenue.

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 consulting engineering — cost of revenue?
TIC Solutions (TIC) reported consulting engineering — cost of revenue of $98.19M in Q1 2026.
What does consulting engineering — cost of revenue mean?
Includes all direct costs associated with delivering consulting and engineering services, such as labor, field technician compensation, and specialized equipment usage. This metric is critical for evaluating the direct operational efficiency of the segment's service delivery model. Managing these costs effectively is essential for maintaining competitive margins in the asset integrity industry.