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TIC Solutions TIC Inspection and Mitigation — Currency adjustments

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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$1.83B

Profitability

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Gross margin31.8%+8.0pp
Operating margin-2.1%-0.9pp
Net margin-5.8%-2.2pp

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:GoodwillForeignCurrencyTranslationGainLoss.

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 — currency adjustments?
TIC Solutions (TIC) reported inspection and mitigation — currency adjustments of -$6.67M in Q1 2026.
What does inspection and mitigation — currency adjustments mean?
Represents the impact of foreign exchange rate fluctuations on the valuation of assets or financial results within the Inspection and Mitigation segment. It highlights the sensitivity of the segment's international operations to global currency volatility.