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TIC Solutions TIC Inspection & Mitigation — PP&E (Net)

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$46.9M
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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:PropertyPlantAndEquipmentNet.

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 inspection & mitigation — PP&E (net)?
TIC Solutions (TIC) reported inspection & mitigation — PP&E (net) of $157.03M in Q2 2026.
What does inspection & mitigation — PP&E (net) mean?
The book value of physical assets such as testing machinery, laboratory facilities, and field equipment used by the Inspection & Mitigation segment, net of accumulated depreciation. It serves as a proxy for the segment's investment in the physical infrastructure necessary to perform technical inspections and engineering analysis.

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