How has TIC Solutions 's inspection and mitigation — cost of revenue changed year-over-year?

TIC Solutions 's inspection and mitigation — cost of revenue increased by 1.8% year-over-year, from $190.55M to $194.07M.

What does inspection and mitigation — cost of revenue mean?

Includes all direct costs associated with delivering inspection and mitigation services, such as labor for technicians, equipment maintenance, and materials used in testing. Monitoring this metric is essential for assessing the direct operational efficiency of the service delivery model.

TIC Solutions TIC Inspection and Mitigation — Cost of revenue

Other segment segments

Consulting Engineering

$98.19M—

Geospatial

$34.47M—

Similar metrics at other companies

VCYTTesting revenue — Cost of Revenue

$33.31M+17.9%

GVAConstruction — Cost of revenue

$663.87M+25.5%

SYMOperation services — Total Cost of Revenue

$27.61M+9.7%

ADTMonitoring and related services — Total Cost of Revenue

$155.69M-1.4%

IDXXService revenue — Cost of revenue

$223.65M+12.1%

IMAXImage enhancement and maintenance services — Total Costs and Expenses Applicable to Revenues

$22.94M+18.0%

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

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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 inspection and mitigation — cost of revenue?: TIC Solutions (TIC) reported inspection and mitigation — cost of revenue of $194.07M in Q1 2026.
How has TIC Solutions 's inspection and mitigation — cost of revenue changed year-over-year?: TIC Solutions 's inspection and mitigation — cost of revenue increased by 1.8% year-over-year, from $190.55M to $194.07M.
What does inspection and mitigation — cost of revenue mean?: Includes all direct costs associated with delivering inspection and mitigation services, such as labor for technicians, equipment maintenance, and materials used in testing. Monitoring this metric is essential for assessing the direct operational efficiency of the service delivery model.