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TIC Solutions TIC Inspection and Mitigation — Gross Profit

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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:GrossProfit.

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 — gross profit?
TIC Solutions (TIC) reported inspection and mitigation — gross profit of $40.76M in Q1 2026.
How has TIC Solutions 's inspection and mitigation — gross profit changed year-over-year?
TIC Solutions 's inspection and mitigation — gross profit decreased by 6.7% year-over-year, from $43.67M to $40.76M.
What does inspection and mitigation — gross profit mean?
Calculated as the difference between total segment revenue and the direct costs of providing inspection and mitigation services. This metric measures the fundamental profitability of the segment's core service offerings before accounting for overhead and administrative expenses.