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TIC Solutions TIC Geospatial — 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 geospatial — cost of revenue?
TIC Solutions (TIC) reported geospatial — cost of revenue of $34.47M in Q1 2026.
What does geospatial — cost of revenue mean?
Direct costs incurred to deliver geospatial services, including labor, equipment maintenance, and field operation expenses. This metric represents the variable and fixed costs directly attributable to the segment's service delivery model. Monitoring this helps evaluate the operational efficiency and cost structure of the segment's service execution.