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TIC Solutions TIC Consulting & Engineering — Cost of revenue

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Inspection & Mitigation
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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:CostOfRevenue.

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 itemInspection & MitigationConsulting & EngineeringGeospatialCorporate and EliminationsTotal
Revenue$296,696$206,636$81,015$584,347
Cost of revenue$229,447$109,029$41,713$380,189
Gross profit$67,249$97,607$39,302$204,158
Depreciation and amortization$16,866$2,211$3,321$38,026$60,424
Total assets$1,998,135$1,171,873$642,940$479,573$4,292,521
Property and equipment, net$157,030$11,019$46,898$26,170$241,117

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is TIC Solutions's consulting & engineering — cost of revenue?
TIC Solutions (TIC) reported consulting & engineering — cost of revenue of $109.03M in Q2 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.

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